Digitalization of entrepreneurship as a driver of its growth

Abstract

Subject. The article considers the impact of digital economy on entrepreneurship, which is a key factor in influencing the social and economic life of countries with market economies. New economic processes are emerging, such as e-commerce, as well as new economic agents, such as digital government and digital enterprises, which, in turn, are shaping the digital entrepreneurial ecosystem. Objectives. We focus on exploring the impact of digital economy on business activity. Methods. The study draws on the methods of logical and statistical analysis. Results. The digital economy is forcing many States to take a new course in their policies to improve socio-economic processes. In 2017, the RF President's Decree was issued called On the Strategy for Information Society Development in the Russian Federation for 2017–2030, which is aimed at the development of information and communication technologies, including those ones in the economy. Conclusions. Any State should provide favorable conditions for digitalization of entrepreneurship. Public financial support is crucial for creating and fostering innovative center for development of new digital enterprises.