Economic and legal aspects of the innovative activity of enterprises in the context of the digital economy

Aleksandr Vladimirovich Shelygov,Alexander Grigorievich Fedorov,Ekaterina Yevgenievna Listopad,Igor Valentinovich Kiselevich,Olga Vladimirovna Markova

doi:10.5377/nexo.v34i02.11623

Abstract

The article deals with the economic and legal aspects of the innovative activity of enterprises in the context of the digital economy. The authors have established that the innovative activity of enterprises includes also the development of artificial intelligence and robotics and that in the current conditions when creating and using artificial intelligence technologies, the issue of ensuring national security in the digital environment becomes extremely important. In this case, the strategic goal of ensuring information security is to protect the vital interests of the individual and society against internal and external threats associated with the application of information technologies for various purposes contrary to civil law. It is proved that innovations will increase the investment attractiveness of the business, maintain a balance of creative freedom and internal control measures, self-regulation in the field of digital technologies, and develop a unified legal framework in the economic space.

Highlights

The processes of socio-economic development are largely determined by the condition of digital electronic networks, which are the technical basis of the information revolution
The digital economy is one, and perhaps the most important result of this revolution. It is an economic activity in which the key factor of production is data in digital form, as well as processing large amounts of information and using the results of the analysis, which in comparison with traditional management can significantly improve the efficiency of various types of production, technologies, equipment, storage, sale, and delivery of goods and services
A special place is given to the development of an innovative economy, which includes a system of production relations in the course of creating knowledge capital, fundamental scientific knowledge, innovation, and economic entities that generate added value through the creation and circulation of knowledge capital

Summary

Introduction

The processes of socio-economic development are largely determined by the condition of digital electronic networks, which are the technical basis of the information revolution. The digital economy is one, and perhaps the most important result of this revolution It is an economic activity in which the key factor of production is data in digital form, as well as processing large amounts of information and using the results of the analysis, which in comparison with traditional management can significantly improve the efficiency of various types of production, technologies, equipment, storage, sale, and delivery of goods and services. A special place is given to the development of an innovative economy, which includes a system of production relations in the course of creating knowledge capital, fundamental scientific knowledge, innovation, and economic entities that generate added value through the creation and circulation of knowledge capital. Based on the fact that the digital economy is currently booming, it requires an increasing amount of innovation and, fundamental scientific knowledge for their production. Any new type of economy that has been formed in the history of mankind, requires a large amount of the products of innovative economy, while not merging with the latter

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