Reducing global risks in the process of transition to the digital economy

Abstract

In the context of starting period of implementation of a grand-scale comprehensive program for the development of a new technological generation economy, a detailed consideration of the possible scenarios of the digital economy transformation and study of various approaches to its implementation become fundamentally important. Presently a group of authors of Peter the Great St. Petersburg Polytechnic University have undertaken a comprehensive study dedicated to this issue. More than two hundred primary sources of reference have been analyzed. Several main groups of risks associated with the shift to global digitalization have been defined and classified with reference to the results of the research undertaken. In order to specify the ways of adaptation to the circumstances and facts of the digital economy, the researchers have analyzed the experience of several leading enterprises which use digital technologies in their work. The research results described in this article provide the basis for draft recommendations on reducing the likelihood of the occurrence of the risks revealed.