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Effects of Regional Smart Transformation

Author

Listed:
  • Skrypko Tetyana

    (Prof. Ivan Franko National University of Lviv, Universytetska 1, Lviv, Ukraine)

  • Danylyshyn Bohdan

    (Prof. Kyiv National Economic University named after Vadym Hetman, Kyiv, Ukraine, 54/1 Prospect Peremogy, Kyiv, Ukraine)

  • Khromyak Yosyf

    (Assoc. Prof., Lviv Polytechnic National University, 18 Horbachevskoho, Str., Lviv, Ukraine)

  • Bilyk Rostyslav

    (Assoc. Prof., Yuriy Fedkovych Chernivtsi National University, 2, Kafedralna, Str., Ukraine)

  • Popadynets Nazariy

    (Senior researcher, Lviv Polytechnic National University, 18 Horbachevskoho, Str., Lviv, Ukraine)

  • Zapukhlyak Vitaliy

    (Candidate of Economic Sciences, West Ukrainian National University, Lvivska 11, Ternopil, Ukraine)

  • Sala Dariusz

    (Assoc. Prof., AGH University of Science and Technology in Krakow, Gramatyka 10, Str., D-14 Krakow, Poland)

Abstract

The global changes of 2019 - 2020 have impacted every region of the world. Businesses of successful powerful old companies have fallen into the crisis pit, while the startups have entered the category of “gazelles”. There are trends of reshoring (returning) the material-intensive production to European countries, and on the other hand, abandoning the linear economic model. The non-linear model of economic development is particularly evident in the decentralization of decision-making. The concept of components has changed in the value chain as the knowledge-based economy era has started (knowledge economy). The aim of this paper is to analyze the value chain by exploring the role of its primary (market, product/service development, production) and secondary (technologies, human resources, resource management) elements in some innovative start-ups. The article uses the methods of economic and statistical analysis, including the assessment of economic effect in terms of determining the impact of smart technologies on different economic sectors of the region; regression analysis for econometric assessment of independent variables and functions, which brings us closer to the solution of the problem of the economic effect of ecosystem transformation in the region; correlation analysis for determining the correlation between the economic efficiency of the IT industry and the GRP. Based on the analysis of secondary and primary elements of innovative startups, the paper proves that the value chain in the modern economy is subject to qualitative changes, while digitalization processes promote the efficient development of regional smart specialization.

Suggested Citation

  • Skrypko Tetyana & Danylyshyn Bohdan & Khromyak Yosyf & Bilyk Rostyslav & Popadynets Nazariy & Zapukhlyak Vitaliy & Sala Dariusz, 2023. "Effects of Regional Smart Transformation," Management Theory and Studies for Rural Business and Infrastructure Development, Sciendo, vol. 45(4), pages 419-426, December.
    • Handle: RePEc:vrs:mtrbid:v:45:y:2023:i:4:p:419-426:n:2
    DOI: 10.15544/mts.2023.41
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    References listed on IDEAS

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    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • D20 - Microeconomics - - Production and Organizations - - - General

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