Abstract

The world has entered the phase of the "fourth industrial revolution", which is a continuation of other technological phases and focuses on the intensive introduction of information and communication technologies. It has tendency towards the digitalization of all physical assets-a phenomenon that became possible only in the era of digitalization. The digital revolution is characterized by the active spread of the Internet, ICT, cloud technologies, the creation of digital platforms, the existence of stable sources of communication, the use of artificial intelligence. The digital economy is a system of social, cultural, economic and technological relations based on information, network, telecommunication technologies between the government, the business community and citizens, which creates digital value and promotes the efficient consumption of goods and services through the widespread use of network technologies, leading to continuous innovative changes in management methods. The basis for the development of the digital economy in the world is the development of digital infrastructure and the rapid integration of society into a changing situation. Automation in almost all areas is becoming more widespread. The Republic of Armenia has not been left out of this paradigm. The process of digitalization in Armenia started in the early years of independence. Despite the existing obstacles, Armenia has all the prerequisites to become a high-tech industrial country. In recent years, electronic transactions in the country have highly developed and the number of users of digital technologies has increased. The digital infrastructure in the country is developing year by year: communication, telecommunications, e-government, internet trade, payment systems. Given the threat of war in the country, digitalization should also be considered in the military industry. In this context, new requirements are imposed on the economic policy of the country, which should be aimed at the establishment of a national innovation system and the provision of institutional and economic conditions necessary for the promotion of innovation.

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