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Digital transformation management: Scientific approaches and economic policy

Author

Listed:
  • Valery V. Aturin

    (The State University of Management, Moscow, Russia)

  • Irina S. Moga

    (The State University of Management, Moscow, Russia)

  • Samal M. Smagulova

    (The State University of Management, Moscow, Russia)

Abstract

The article explores the problems and trends in digital transformation of the world economy in the context of revolutionary changes in the technological sphere, unstable state of a number of national economies and international trade. The theoretical and methodological basis of the study includes the traditional ideas about technological advances and their impact on global reproduction, as well as the conceptual framework of digital economy. The authors follow the research methods, such as comparative analysis, synthesis, historical and logical methods. The research identifies the evaluation parameters of digital transformation, including the assessment of broadband internet access, the potential of reducing the cost price of digital devices and the marginal cost of traditional industries, and the assessment of the convergence and the speed of technology diffusion. The authors find that the key characteristics of new economic policy are flexibility and detailed specification to fine-tune the combination of tools depending on the object of management. Having analyzed the avenues for digital transformation, we establish the areas of high uncertainty – job market, data control, security, the environment, etc. – that act as potential sources of shocks. Our findings also prove the necessity to create conditions for the growth of technology-centric companies.

Suggested Citation

  • Valery V. Aturin & Irina S. Moga & Samal M. Smagulova, 2020. "Digital transformation management: Scientific approaches and economic policy," Upravlenets, Ural State University of Economics, vol. 11(2), pages 67-76, April.
  • Handle: RePEc:url:upravl:v:11:y:2020:i:2:p:67-76
    DOI: 10.29141/2218-5003-2019-11-2-6
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    References listed on IDEAS

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    1. Flavio Calvino & Chiara Criscuolo & Luca Marcolin & Mariagrazia Squicciarini, 2018. "A taxonomy of digital intensive sectors," OECD Science, Technology and Industry Working Papers 2018/14, OECD Publishing.
    2. Erik Brynjolfsson & Brian Kahin (ed.), 2002. "Understanding the Digital Economy: Data, Tools, and Research," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262523302, December.
    3. Youngjin Yoo & Ola Henfridsson & Kalle Lyytinen, 2010. "Research Commentary ---The New Organizing Logic of Digital Innovation: An Agenda for Information Systems Research," Information Systems Research, INFORMS, vol. 21(4), pages 724-735, December.
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    Cited by:

    1. A. S. Geyda & T. N. Gurieva & V. N. Naumov, 2021. "Conceptual and mathematical models, methods, and technologies for the study of the digital transformation of economic and social systems: a literature review and research agenda (Part I)," Administrative Consulting, Russian Presidential Academy of National Economy and Public Administration. North-West Institute of Management., issue 11.

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