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The Algorithm of Modern Russia’s Transition to the Digital Economy

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Digital Economy: Complexity and Variety vs. Rationality (ISC 2019)

Part of the book series: Lecture Notes in Networks and Systems ((LNNS,volume 87))

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Abstract

Purpose: The purpose of the paper is to solve the problem of implementing the national program “Digital economy of the Russian Federation” and to develop the algorithm of modern Russia’s transition to the digital economy.

Design/Methodology/Approach: The authors determine the general (universal) algorithm of transition of a modern economic system to the digital economy. Evaluation of efficiency of modern Russia’s transition to the digital economy is performed. Collection, systematization, and analysis of the existing statistical information are conducted with the help of the method of comparative analysis, which allows comparing the level of digitization of the Russian economy and economies of other countries of the world and determining the stage of transition to the digital economy in Russia. Then, the barriers and perspectives of finishing this transition are determined, and the authors’ recommendations are offered – based on which the algorithm of transition to the digital economy of modern Russia is compiled.

Findings: It is proved that modern Russia successfully performs transition to the digital economy, together with the most progressive developed and developing countries of the world. As of the 2019 data, Russia is finishing the third stage of this transition (out of four stages of the universal algorithm), which is connected to provision of mass usage of the Internet. The next (final) stage should be mass distribution of breakthrough digital technologies.

Originality/Value: The algorithm of modern Russia’s transition to the digital economy is offered. It will allow overcoming the barriers on the path of finishing this process with joint efforts of the state, business, and society. Main attention is paid to the issues of formation of effective demand for breakthrough digital technologies. It includes three consecutive steps: development of information society, formation of technological reserves, and implementation of breakthrough digital technologies; thus, Russia’s transition to the digital economy will be finished by 2024.

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Correspondence to Aleksei A. Shulus .

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Shulus, A.A., Zarudneva, A., Yatsechko, S., Fetisova, O. (2020). The Algorithm of Modern Russia’s Transition to the Digital Economy. In: Popkova, E., Sergi, B. (eds) Digital Economy: Complexity and Variety vs. Rationality. ISC 2019. Lecture Notes in Networks and Systems, vol 87. Springer, Cham. https://doi.org/10.1007/978-3-030-29586-8_7

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