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The impact of the digital transformation of the economy on entrepreneurial competencies

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  • Zotova, I.

Abstract

Digital technology is a unique phenomenon that has completely changed the way of life of every inhabitant of the planet and influenced the emergence of the digital economy in recent decades. The digital economy is an economy characterized by the maximum satisfaction of all its participants through the use of information, including personal information. The digital economy has had an impact not only on all spheres of human activity, but the ways of doing business, which include services for the provision of online services, e-payments, e-Commerce, crowdfunding, e-trade, etc. Digital transformation has an impact on the emergence of new professions, and, consequently, the emergence of new knowledge and competences, which should be taken by people living in conditions of digital economy. Gref called them-t-leaders. The main objectives of the digital transformation are to increase the speed of decision-making, increase the variability of processes depending on the needs and characteristics of the client, reducing the number of employees involved in the process. For the successful development of the digital economy, the system of education and retraining should provide the economy with specialists that meet the requirements of the digital era.

Suggested Citation

  • Zotova, I., 2018. "The impact of the digital transformation of the economy on entrepreneurial competencies," Journal of Modern Competition, Synergy University, vol. 12(2-3), pages 30-40.
  • Handle: RePEc:snr:mdrcmp:v:12:y:2018:i:2-3:p:30-40
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    File URL: https://www.moderncompetition.ru/jour/article/view/801
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