Regional Features of Production Potential in the Conditions of Digital Transformation

Abstract

Relevance. The article discusses the digital transformation of industrial production, which is the main direction for the effective development of the national economy, which is a condition for ensuring high adaptability in the formation of business models, as well as in the work of production processes through the integration of end-to-end digital technologies. The author determines that the main thing for the effective implementation of digital technologies in industry is the desire for a comprehensive increase in efficiency, as well as the creation of conditions for the efficient operation of industries. The constituent elements of a typical industrial potential of the region are given, as well as the integral rating of the regions included in the Central Black Earth Economic Region in terms of the level of industrial potential development in 2020 is calculated. The production potential of one of the regions of the Central Black Earth economic region is considered, the influence of the level of digitalization on this potential is revealed. It should be noted that the dependence of the development of production potential on the level of development of digitalization of the economy was revealed using correlations, while the main form of investor support is subsidies for reimbursement of part of the costs of paying interest on loans for projects in the investment sphere, which are provided by the administration of the subject of the region, on the basis of a competition, at the expense of budgetary funds. It is concluded that a prerequisite for the successful implementation of strategies and programs for the socioeconomic development of regions is a well-functioning mechanism for monitoring and tactical management of business processes for implementing programs, tools for assessing the effectiveness of managerial decisions.The purpose of the study is to determine the production potential of the Kursk region, as well as the impact of the level of digitalization on this potential.The objectives of the study are to determine the production potential in dynamics over a ten-year period, as well as to identify the dependence of an increase (decrease) in production potential on an increase (decrease) in the level of digitalization of the economy.Methodology. In this paper, a correlation method is used, in which different correlation and regression models are used. There are also various correlation functions, with the help of which individual elements of the production potential are determined.Results. The relationship between an increase in the level of digitalization of the economy and an increase in production potential is high and direct (one factor will increase, followed by the second factor).Conclusions. According to the level of development in the Kursk region, industrial potential occupies the last place among the regions included in the Central Chernozem Economic Region, and the region occupies the 1st place in terms of investment attractiveness, also occupies the 1st place in the share of high-tech and knowledge-intensive industries in the GRP, but the rating of industrial development is not the highest. The digitalization of the economy in the region is quite high.