Abstract

The economic essence of digitalization of economic systems is investigated in the article. The challenges of digitalization of the economy of the regions include: the need for consistency of the dynamics of digitalization with economic and legal principles and institutional transformations; digital infrastructure development; intellectualization and digital literacy of the population; access to information and communication innovations. Guidelines for digitalization of the economy of the regions allow to ensure the following results: acceleration of economic business processes and innovative development; increasing the openness and accessibility of knowledge, information, communications; reduction of time and cost in production processes, sales and product promotion; formation of information databases for managing large data sets and accelerating the exchange of information; transformation of economic relations and adaptability to the demands of society. The implementation of the described goals and projects of digitalization of the regions requires the activation of economic potential, as well as the transformation of the institutional environment of the region. Economic factors and tendencies of digital activity of the population of the region are described. Promising areas have been identified to further stimulate the implementation of programs and projects to digitize regions and increase their investment attractiveness to attract financial support.

Highlights

  • The challenges of digitalization of the economy of the regions include: the need for consistency of the dynamics of digitalization with economic and legal principles and institutional transformations; digital infrastructure development; intellectualization and digital literacy of the population; access to information and communication innovations

  • The concept of digital economy was first substantiated at the end of the last century, with emphasis on research in the field of digitalization on the use of information and channels of its dissemination to describe the transformation of the economy

  • This is due to the fact that the theory of the digital economy is seen as digitalization, and most importantly as a potential factor in ensuring the competitiveness and efficiency of innovation

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Summary

Introduction

The challenges of digitalization of the economy of the regions include: the need for consistency of the dynamics of digitalization with economic and legal principles and institutional transformations; digital infrastructure development; intellectualization and digital literacy of the population; access to information and communication innovations. Орієнтири цифровізації економіки регіонів дозволяють забезпечити наступні результати: прискорення економічних бізнес-процесів та інноваційного розвитку; нарощування відкритості та доступності знань, інформації, комунікацій; скорочення часу та вартості у виробничих процесах, реалізації та просуванні продукції; формування інформаційних баз для управління великими масивами даних і прискорення обміну інформацією; трансформація економічних відносин та адаптивність до запитів суспільства. Www.amazoniainvestiga.info the regions requires the activation of economic potential, as well as the transformation of the institutional environment of the region. Innovative progress in highly competitive markets and in conditions of heterogeneous distribution of resources and technologies in the regions require sustainable development incentives. The current dynamics of digitalization of the regional economy creates a strong potential for sustainable and coordinated global and national development

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