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Digital economy: From theoretical concepts to the Russian practice

Author

Listed:
  • Ershova, T.

    (Institute of the Information Society, Moscow, Russia)

  • Hohlov, Yu.

    (Institute of the Information Society, Moscow, Russia)

Abstract

The article examines a conceptual framework for the development of the digital economy, distinguishing between the digital sector (as a subset of the economy) and the digital economy in its narrow and broad senses. It proposes a digital economy reference model as an integrated system of stages and processes of production, use and widespread adoption of digital technologies and their derivative products designed to achieve measurable socio-economic impacts. The model emphasizes two categories of enablers: digital and non-digital (analog) foundations. A concise analysis of the National program "Digital Economy of the Russian Federation" is conducted using this model, emphasizing practical examples of strategic planning and implementation of digital initiatives at national, regional, and sectoral levels. Special attention is given to factors linked to state policy, strategic governance, and organizational mechanisms that ensure accountability and active participation of key stakeholders (government, business, civil society, and academia) in designing and realising digital projects.

Suggested Citation

  • Ershova, T. & Hohlov, Yu., 2025. "Digital economy: From theoretical concepts to the Russian practice," Journal of the New Economic Association, New Economic Association, vol. 67(2), pages 234-243.
  • Handle: RePEc:nea:journl:y:2025:i:67:p:234-243
    DOI: 10.31737/22212264_2025_2_234-243
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    More about this item

    Keywords

    socio-economic process; information society; ICT; digital economy; digital development; digital transformation; digital technology; social impact; economical impact;
    All these keywords.

    JEL classification:

    • O21 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

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