Influence of Technological Revolution in the Sphere of Digital Technologies on the Modern Entrepreneurship

  • Elena B. BelikEmail author
  • Elena S. Petrenko
  • Georgy A. Pisarev
  • Anna A. Karpova
Conference paper
Part of the Lecture Notes in Networks and Systems book series (LNNS, volume 91)


Purpose: The purpose of the article is to determine the influence of technological revolution on modern entrepreneurship, which implements various strategies of using digital technologies and to determine the most preferable strategies.

Design/methodology/approach: Based on statistical information on usage of digital technologies in entrepreneurship, which was provided in open access by the National Research University “Higher School of Economics”, the structure of entrepreneurship within the offered authors’ classification according to the criterion of implemented strategies of using digital technologies in Finland, France, the Czech Republic, Sweden, the UK, and Russia in 2018 is offered. The authors also determine the consequences (with the help of analysis of variation) of selecting the strategy of using digital technologies for development of entrepreneurship, connected to efficiency, export activities, and provision of competitiveness.

Findings: The authors determine that activity and directions of usage of digital technologies in entrepreneurship in the conditions of technological revolution depend on a range of external (demand, infrastructure, state regulation, and competition) and internal (inclination for innovations) factors. In modern economic systems in entrepreneurship, four main strategies of usage of digital technologies are implemented: strategy of ignoring (refusal from using digital technologies), strategy of formal participation in technological revolution (usage of the Internet for certain business operations), strategy of expanded participation in technological revolution (usage of the Internet for purchases and sales), and strategy of leading technological revolution (usage of the Internet and the leading digital technologies).

Originality/value: It is proved that the most preferable strategies are strategies of leading technological revolution and expanded participation in technological revolution, as they allow increasing export and increasing competitiveness and efficiency of entrepreneurship. Contrary to this, separation from technological revolution (implementing the strategy of ignoring or strategy of formal usage of the Internet) leads to reduction of competitiveness and efficiency and to reduction of export. It is concluded that technological revolution in the sphere of digital technologies creates new opportunities for development of entrepreneurship, which have to be used.


Technological revolution Digital technologies Entrepreneurship Digital modernization 

JEL Code

L26 O31 O32 O33 O38 


  1. Bogoviz, A.V., Lobova, S.V., Ragulina, J.V.: Perspectives of growth of labor efficiency in the conditions of the digital economy. Lecture Notes in Networks and Systems, vol. 57, pp. 1208–1215 (2019)Google Scholar
  2. Morozova, I.A., Popkova, E.G., Litvinova, T.N.: Sustainable development of global entrepreneurship: infrastructure and perspectives. Int. Entrep. Manag. J. 2(1), 1–9 (2018)Google Scholar
  3. OECD: GDP per hour worked (2019). Accessed 4 May 2019
  4. Popkova, E.G.: Preconditions of formation and development of Industry 4.0 in the conditions of knowledge economy. Studies in Systems, Decision and Control, vol. 169, pp. 65–72 (2019)Google Scholar
  5. Pritvorova, T., Tasbulatova, B., Petrenko, E.: Possibilities of blitz-psychograms as a tool for human resource management in the supporting system of hardiness of company. Entrep. Sustain. Issues 6(2), 840–853 (2018). Scholar
  6. Sergi, B.S., Popkova, E.G., Bogoviz, A.V., Ragulina J.V.: Entrepreneurship and economic growth: the experience of developed and developing countries. In: Entrepreneurship and Development in the 21st Century, pp. 3–32. Emerald Publishing Limited (2019)Google Scholar
  7. Bezrukova, T.L., Popova, E.V., Korda, N.I., Kuznetsova, T.E., Bezrukov, B.A.: Institutional traps of innovative and investment activities as an obstacle on the path to the well-balanced development of regions. Contributions to Economics (9783319606958), pp. 235–240 (2017)Google Scholar
  8. Sibirskaya, E., Popkova, E., Oveshnikova, L., Tarasova, I.: Remote education vs traditional education based on effectiveness at the micro level and its connection to the level of development of macro-economic systems. Int. J. Educ. Manag. 33(3), 533–543 (2019). Scholar
  9. Vanchukhina, L.I., Leybert, T.B., Khalikova, E.A., Khalmetov, A.R.: New approaches to formation of innovational human capital as an element of institutional environment. Espacios 39, 22–32 (2018)Google Scholar
  10. World Bank: Merchandise exports (current US$) (2019). Accessed 4 May 2019
  11. World Economic Forum: The global competitiveness report 2017–2018 (2019). Accessed 4 May 2019
  12. National Research University “Higher School of Economics”. Digital Economy (2019). Accessed 4 May 2019

Copyright information

© Springer Nature Switzerland AG 2020

Authors and Affiliations

  • Elena B. Belik
    • 1
    Email author
  • Elena S. Petrenko
    • 1
  • Georgy A. Pisarev
    • 2
  • Anna A. Karpova
    • 3
  1. 1.Plekhanov Russian University of EconomicsMoscowRussia
  2. 2.Russian Presidential Academy of National Economy and Public AdministrationMoscowRussia
  3. 3.Volgograd State Agrarian UniversityVolgogradRussia

Personalised recommendations