Information Economy Research Articles

The study of some issues of the application of cryptocurrency mining technology in Kazakhstan

Object: Analyze the use of cryptocurrency mining technology in Kazakhstan and develop recommendations for improving its effective operation.
 Methods: We have used scientific methodological and research approaches, such as comparison, grouping, analysis, classification, statistical data, induction, deduction, economic-mathematical methods, and modeling.
 Findings: The study's practical significance is that these principles and approaches can be used to form a mining farm development strategy. The proposals presented will improve the digital efficiency of the company and stabilize and improve its financial and economic situation by making appropriate management decisions. The study results make it possible to solve problems related to the ability of enterprises to provide a medium and long-term stable position in the market and flexibly adapt to the environment.
 Conclusions: Based on the study, the concept of “cryptocurrency”, “mining”, and “mining farm” was clarified as a particular form of a new information economy and society that combines its input stages of the technological chain or stages of its release in order to achieve significant competitive advantages compared to specialized types of digital money. The features of digital money, such as cryptocurrencies and their mining, which include various platforms, objects, and types but have common elements, technologies, development management, and risks, were identified. A methodology for analyzing the IT architecture of cryptocurrency and the volatility of the digital currency is proposed, which allows one to find out quantitative and qualitative indicators, assess the extensiveness, intensity, and efficiency of the use of cryptocurrency, and determine the reserves for its full use.

Can policy advantages be transformed into industrial advantages? Evidences from digital economy industry development in Zhejiang Province, China.

The digital economy is a new impetus to promote high-quality economic development. We use the policies of Zhejiang Information Economy Development Demonstration Base (IEDD) and Zhejiang Software and Information Service Industry Base (SISI) established between 2015 and 2017 to design a quasi-natural experiment. By using a panel data from 2005 to 2020 in Zhejiang and the difference-in-differences model, we test the impacts of IEDD and SISI policies on digital economy development. We find that there are significant spatial differences for digital economy in Zhejiang. IEDD and SISI policies improve the digital economy development, that is, the policy advantages can indeed be transformed into industrial advantages. The IEDD policy can promote the digital economy industry development by enhancing the digital infrastructure and financial development; SISI policy can promote the development of the digital economy industry by promoting financial development. The results of quantile regression show that the promotion effect of IEDD and SISI policies increases with the improvement of the industrial basis of regional digital economy. The results of group regression show that the IEDD policy promotes the digital economy development in counties and county-level cities of Zhejiang, and the SISI policy plays a significant role in municipal districts.

The Impact of Digitalization on Customer Knowledge Management

Abstract The best way for a business to gather pertinent knowledge and apply it for the growth and sustainability of the firm is through communication with its customers. Companies must adapt to today’s data, information, and knowledge-based economy. A company’s ability to evolve depends on how strategically it uses its intangible resources to build its knowledge capital. Digital tools create new channels for client engagement and collaboration. The current study assesses how digital tools affect how businesses interact with their customers and how these tools help customers share knowledge with companies. This study updates knowledge management and customer knowledge management practices in a digital context and serves as an example of these practices. The study aims to address the absence of specific and valuable components in business practices that give them access to client knowledge. The study is conducted on a sample of 10 individuals, managers, and CEOs of Romanian enterprises, using the in-depth interview method. Data from the survey were analyzed and interpreted, and significant results were drawn by comparing them to prior research. The study emphasizes the value of digital tools for customer communication and the potential these platforms provide for gathering knowledge about, for, and from customers. The respondents stressed the significance of knowledge for both the growth of the company and the innovation process. Still, there needs to be more internal structures to manage this knowledge strategically and capitalize on it for the beginning of innovative business approaches. The study identifies the primary challenges to communicating via digital channels and suggests solutions to help companies acquire, share, and use customer data to its fullest potential.

Pitch Black: How design entrepreneurs are rethinking race in post‐Katrina schools

AbstractPutting anthropologists of design in conversation with Black studies, this article demonstrates how a group of repentant education entrepreneurs in post‐Katrina New Orleans mobilized racialized affective and narrative surplus within an information economy based on design rituals and protocols. I examine how this splinter group of education reformers established design communities through ritualized “pitches” and show how the egalitarian aspirations of designers rely on forms of empathetic erasure rooted in narratives of spectacular violence and universalist assumptions about the motivations, behaviors, and capacities of so‐called users and so‐called designers. While it is easy to laud the “empathy principles” of design thinking for taking seriously the agency and intellectual capacity of its racialized “users,” this article shares anti‐Blackness theorists’ skepticism of liberal humanization projects and is concerned with the burdens that the relationship between designers and users entails. What is the human at the center of design? Humanity here is not a shared essence, nor an egalitarian relation, but in this instance marks a process through which surplus affect and the spectacle of Blackness is instrumentalized and transmuted into racial capital.

Unavoidability in U.S. Privacy Law

Why is U.S. privacy law structured the way it is, with a series of sectoral laws rather than a cross-sectoral law or laws? Why does U.S. privacy law protect information shared in certain contexts—such as information shared with an attorney, a healthcare provider, or a financial provider—rather than particular types of information? One possibility is that sectoral laws apply to contexts in which people typically share highly “sensitive” information containing intimate secrets or with the potential to harm them financially or psychologically.
 But this Article argues that there is something else at play—that in fact, an under-discussed and underappreciated factor has been a key consideration throughout the history of U.S. privacy law: the unavoidability of information sharing. Tracing the development of several areas of sectoral U.S. privacy law over time, this Article shows that as society changed and contexts emerged in which individuals increasingly found they could not avoid sharing information about themselves with other parties, policymakers repeatedly responded by ratcheting up the privacy protections for information shared in those specific contexts.
 Taking the discussion of unavoidability into the modern era, this Article ties the tradition of unavoidability consideration in U.S. privacy law to lawmakers’ current struggle to craft comprehensive privacy legislation. Recent years have seen widespread recognition that the sectoral approach is no longer adequate in the modern information economy. But legislators struggle to decide whether it is sufficient to focus on facilitating individuals’ control over their data—as U.S. privacy law historically has strived to do—or whether the law should more directly restrict the use of data in certain ways or for certain purposes. This Article argues that the current privacy legislation struggle, and the types of innovative legislative provisions being proposed, can be better explained with the aid of unavoidability analysis

Exploring Teaching Beliefs, Efficacy, Innovation, and Organisational Atmosphere in Western China Universities

Background: In response to the challenges posed by the information economy, Chinese education, like many other global educational institutions, has undergone significant changes. The economic expansion and educational progress in China have led to an improvement in the country's overall educational standards. However, the economic disparities between the eastern and western regions have resulted in lower living standards in the western part of the country. Notably, there are substantial differences in economic and educational growth between the eastern and western regions, with the eastern region experiencing rapid expansion, while the western sector lags behind, particularly in the realm of university education. Objective: This review explores teaching beliefs, efficacy, innovation, and organizational atmosphere in Western China Universities, aiming to understand the dynamics in the context of regional economic and educational disparities. Method: Recent research in China on teaching beliefs and related aspects is emerging. Scholars emphasize adopting progressive educational values aligned with contemporary society's complexity. The study aligns with the pedagogical shift towards student activation through methods like inquiry-based and collaborative learning. Results & Conclusion: The review emphasizes disparities between eastern and western China, highlighting the crucial role of positive teaching elements in enhancing outcomes in Western China Universities. Recommendations include addressing economic and educational gaps and adopting progressive educational values for better alignment with societal needs.

The Application of New Technologies to Promote the Dissemination of Training Content in the Railway Field in the Context of Informational Economy

The Application of New Technologies to Promote the Dissemination of Training Content in the Railway Field in the Context of Informational Economy

ТРАНСФОРМАЦІЯ БІЗНЕСУ В УМОВАХ ІНФОРМАЦІЙНО-МЕРЕЖЕВОЇ ЕКОНОМІКИ

The article examines the features of the transformation of modern business in the conditions of the information and network economy and the new challenges and opportunities associated with this process in the field of economic activity. The features of such a transformation are analyzed and its impact on entrepreneurship and the economic system as a whole is determined. It has been proven that there is currently a transition from traditional business models to flexible, adaptive systems that are able to effectively respond to rapid and dynamic changes in market demand and market competition conditions. It was determined that the information and network economy creates conditions for the deep integration of technologies into all aspects of modern business processes. The impact of digital technologies on the functional interaction between business entities in the process of economic activity is considered. It has been proven that network structures make it possible to form new models of economic cooperation by combining various industries and individual enterprises into large complex ecosystems, which opens up wide opportunities for the creation of new innovative products and services, as well as for the development of new markets. It was determined that the challenges facing modern enterprises in the conditions of the information and network economy consist in changing consumer requests, increasing the impact of cyber threats on business processes, as well as forming an objective need for enterprises to constantly update technologies in order to properly adapt to changing business conditions - environments. The specifics of the response of modern business to the challenges of the information and network economy, which can provide enterprises with the appropriate level of competitiveness and provide conditions for their sustainable development, are highlighted. It has been proven that innovations in management strategies, the use of the latest digital and information technologies, as well as the active participation of business in network relations become key components of successful business transformation in new economic conditions. It was determined that the information and network economy, in which the importance of data exchange and the use of digital technologies for optimizing business processes is growing, forms new paradigms in management and entrepreneurship. The role of artificial intelligence, the Internet of Things and blockchain technologies in the formation of modern effective business models is considered. It was determined that the development of digital tools contributes not only to automation, but also to rethinking the essence of resource management strategies, interaction with customers and the creation of fundamentally new innovative products.

A Review of Huawei's Strategic Based on SWOT Analysis

In recent years, the rapid development of China's technology and information economy, the Internet, big data, cloud computing, artificial intelligence, blockchain and other technologies to accelerate innovation, creating a huge development space and development opportunities for communications equipment manufacturing and sales class enterprises. Under the trend of world economic globalization, the competition among enterprises is becoming increasingly fierce, which means that the traditional management concept can no longer meet the development needs of enterprises. Modern enterprises pay more attention to strategic thinking, and try to combine, extend and apply it with management in order to seek long-term development. Strategic management has also become the focus of scholars' research.This paper take Huawei Investment Holding Co., Ltd. as an example to analyze, the main study of the enterprise in the development process to adopt a variety of corporate strategies, and this paper will also use SWOT analysis of corporate strategies. The results find that Huawei has great advantages in interms of the four aspects of SWOT. This study brings reference significance and direction for the development of electronic technology enterprises.

Інформаційна економіка в системі заходів повоєнного відновлення України

The aim of the article is to determine the role and significance of the information economy in the process of reсovery of Ukraine after the war. Nowadays, information has a significant impact on the modern economy through decision-making, organization of production, allocation of resources and consumption. The article discusses practical examples of the use of information technologies and digital tools, as well as illustrates the impact of these technologies on the rapid and effective recovery of the country’s economy after the war’s end. The article highlights such aspects as the use of information systems to coordinate recovery processes, promoting investment opportunities, supporting small and medium-sized enterprises, developing innovations and startups in the recovery industry sectors, and improving management and resource efficiency. The carried out research allowed to correlate the concept of information economy with the above categories, which made it possible to identify the interdependence or subordination of the digital economy to these aspects. Currently, the issue of the information economy is studied at an inappropriately low level due to the complexity of the topic, which covers a wide range of aspects – from technology and socio-cultural influences to economic policy. It is proved that increasing the level of research on the information economy can contribute to improving the level of economic recovery of the country. It is defined that the rapid pace of technological progress is constantly changing the economic landscape and requires constant updating of knowledge and research methods. Therefore, it is very important to use all available resources that can help in the post-war recovery of the country: reconstruction and revival of infrastructure, the work of humanitarian organizations, attracting investments, managing crisis situations, creating new businesses, etc.

Unveiling Phishing Patterns: A Text Mining Analysis of Cyber Threats

In today’s knowledge and information economy, hacking is a huge problem that affects a wide variety of businesses of all shapes and sizes. In recent years, there has been an increase in the prevalence of a variety of attack techniques, such as distributed denial of service (DDoS) and assaults on the management faults of cloud servers. In this study, the different types of phishing were analysed via the lenses of word frequency analysis, cluster analysis, and network analysis respectively. We were able to home down on the most important themes, relationships, and patterns by making use of the graph that evolved as a consequence of the study. In addition to that, we were in a position to provide a helpful analysis of countermeasures for phishing. In addition to this, it acts as a launching point for studies into phishing techniques and the development of preventative measures against them. It is possible that one day this sort of research may be used to evaluate the vulnerabilities of open source software, which will lead to the development of a defensive mechanism that is able to adapt to new types of hacking.

The Information Economy: Media Usage, Political Talk Networks, and Public Attitudes Toward Inflation, Unemployment, and Recession

The Information Economy: Media Usage, Political Talk Networks, and Public Attitudes Toward Inflation, Unemployment, and Recession

НАУКОВІ ДОСЛІДЖЕННЯ У СФЕРІ ІНФОРМАЦІЙНОЇ ЕКОНОМІКИ В УМОВАХ ВІЙНИ

Scientific research in wartime plays an important role in restoring the current state of Ukraine's economy, as it allows to identify economic problems and market dynamics, assess social and cultural factors of renovation of production and consumption processes, distribution and exchange of resources, as well as to influence the acceleration of investment and other management decisions. Such studies can not only reflect the impact of destructive factors on the economic situation in these difficult conditions, but can also be used to study social interaction between business entities, analysis of trends in economic sectors, and contribute to the formation of strategies for business recovery at the local level and sustainable development of Ukrainian society as a whole. In such a circumstance, the issues of theoretical and scientific-methodological approaches to sociological research as part of scientific research in the information economy are becoming increasingly important. This study identifies the main trends in the use of modern digital tools for conducting sociological research, to be used for analyzing the state of economic entities that suffer the most and require urgent economic decisions, as well as for forming a portfolio of economic recovery projects at the micro, meso and macro levels. The authors note a special place for digital tools in sociological research, that help for systematic collection, analysis and interpretation of data for the purpose of understanding social phenomena and processes. The most important are digital collection of data, use of the Internet as a multidisciplinary tool for socio-economic studies: the standard of living of the population; lifestyles of certain social groups; social assessment of the consequences of economic reforms; quality of social services; subjects of economic (entrepreneurial) activity. The peculiarity of sociological research is that the analysis, generalizations and conclusions are based on actual material obtained by the researcher himself. Such information can be useful to the government and international organizations in developing strategies for economic recovery and support after the war.

Privacy Law's Role in an Information Economy

Privacy Law's Role in an Information Economy

Pripravnost malih i srednjih preduzeća za digitalizaciju - šarijatski finansijsko-tehnološki okvir koristeći percepcije Četvorostrukog Heliksa

The role of Quadruple Helix in promoting the development of digitizing SMEs highlights the significant contribution of Sharia fintech as a new challenge to sustainably and creatively face the Covid-19 disruption. This paper developed a framework of SME's Digitalization Readiness in Supporting Sharia Fintech to scrutinize the quadruple Helix perceptions and the success of digitalization. Furthermore, a Fuzzy-AHP approach is applied to analyze the significant weight of Quadruple Helix interaction and distinguish between universities, industry, communities, and government. This creates the basis of a sustainable corporate sector through the consideration of Information Technology (IT), economy, and Sharia within business activity, transaction, marketing, management, microenvironment, and macro-environment, circumscribed into 24 sub-indicators. This study found that university academicians view business activity as the most significant indication for gauging the digitization readiness of small and medium-sized enterprises (SMEs) based on Sharia fintech. It is followed by marketing, transaction, management, micro, and macro environment. Meanwhile, the other sectors including industry, communities, and government discerned marketing as the deliberation of the SMEs' Sharia-based success digitalization. This framework stimulates and synergizes an integrated works, innovation, economic growth, productivity, technology, knowledge, and skills of Quadruple Helix roles in facing the competitive advantages of digital era with concerning on the Sharia values. The prioritized analysis and recommendation from this framework admit as a guidance tool for Quadruple Helix in decision making and strategic policies in achieving the success of the digital transformation.

Человеческий капитал и роль мотивации в его функционировании

The article explores the role of motivation in the functioning of human capital in the context of the information economy. The authors analyze the transformation of the concept of human capital and its importance for innovative development and sustainable economic growth. Particular attention is paid to the motivation mechanisms that influence the formation and accumulation of human capital, emphasizing the need to integrate a variety of motivation strategies to improve productivity and innovation potential.

Queer Data: Ronald Firbank and the Information Economy

Abstract: What can a study of "data" contribute to our understanding of early twentieth-century literary culture and how can data aesthetics help to explicate the seemingly obtuse style of writer Ronald Firbank? This article addresses both of these questions by considering the forms and function of data in Firbank's writings. It argues that Firbank's characteristic camp and elusive style can be understood as an examination of the information economy in which he was living, an economy that traded in flattened forms and decontextualized data.

THE DEVELOPMENT OF INDUSTRY 4.0 AS THE BASIS FOR ADAPTIVE MANAGEMENT OF THE FORMATION OF THE FINANCIAL AND ECONOMIC POTENTIAL OF AN INDUSTRIAL ENTERPRISE IN UKRAINE

The processes of digital transformation today are driving forces of change in almost all spheres and industries, and also open up opportunities for the introduction of new technologies and the construction of digital business models. The aim of the article is to characterize the digital transformation of enterprise management and digital decision-making processes taking into account the development of Industry 4.0 in Ukraine. Digital transformation of business is a very necessary and relevant process, which serves as a driver for changes in the company, changing the needs of customers, the actions of competitors, and promotes the emergence of new technologies and services. The gap between Ukraine and most European states is significant, and, according to experts, it will take 3 to 5 years to overcome it, provided the economic situation is stable, as well as the inflow of investments. Instead, Ukraine has a fairly large potential and a developed IT sector, which is the driving force in the implementation of Industry 4.0 technologies. The synergistic digital transformation of domestic governance, business, and industry, that involves the transition to European business standards in the context of the development of the information economy, digitalization, industrialization, digital transformations, informatization of society, and globalization of the economy, should become a challenge for Ukraine. These processes require improvement of competitiveness, income and infrastructure of enterprises; acceleration of digitization of the most promising sectors; wider use of IT products and services by domestic companies; strengthening the country's defense sector. As a result of business adherence to the leading principles of digital transformation, there is a gradual change in business processes and the transition to digitization using Industry 4.0 tools and models. Based on the project of the national development strategy 4.0, the article presents a SWOT analysis of the digital transformation of enterprise management and digital decision-making processes, taking into account the development of Industry 4.0 in Ukraine.

ВЕЛИКІ ДАНІ ТА ОЗЕРА ДАНИХ ЯК СКЛАДОВІ ІНФОРМАЦІЙНОЇ ЕКОНОМІКИ

The article is devoted to consideration of the importance of such components of the information economy as big data and data lakes. It is shown that in the process of unfolding the modern information technology revolution, information and information technologies are gaining increasing importance in the economy and social life. This is especially important in the context of the formation and development of the information economy. It is noted that the characteristic features of the information economy are its virtualization, the processing of large volumes of information based on the digitization of data, the use of quantum and neurotechnologies, artificial intelligence, wireless communication, the industrial Internet, sensors and robotics, digital platforms, etc., and the key technologies of the digital transformation of the economy and society are the Internet of Things, processing of structured and unstructured data of huge volumes, artificial intelligence and blockchain. Key commonalities and differences in big data and data lakes are shown, as well as their role in storing, processing and using large amounts of information. In particular, it states that "Big Data" has become shorthand for the technologies and analytical tools that help manage and query "big data" and represent three steps to a new way of analyzing information that will transform how we think about society and its organization: the first step - rejection of the sampling method; the second is the rejection of precision, and, finally, the third step is the rejection of centuries-old traditions of the search for causality. It is shown that along with big data, which stores processable and structured information, there are also data lakes, which are a system or centralized data repository where all structured, semi-structured, unstructured and binary data are stored in their natural, i.e., their own raw format. The further development of the information economy and the growth of the role and importance of information will lead to new requirements for the technologies of processing, storage and use of information resources.

Research on the Path of Economic Management Innovation and Development in the Context of Informatization

Abstract In the context of economic informatization, the traditional economic management model has been unable to fully meet the actual needs of enterprise development. Enterprises should take effective measures to innovate the economic management model, to achieve the informationization and modernization of economic management work. Based on the needs of economic management innovation, this paper constructs a multi-dimensional digital economic management innovation path based on informationization. Then, according to the fuzzy hierarchical analysis method, construct the evaluation index system of economic management informatization, take company H as an example to carry out empirical evaluation, and analyze the influencing factors of the level of economic management informatization by using the two-sample Z-test. Company H's final evaluation score for economic management informatization is 91.23, and the level of informatization is good. The P-value of the top management's attention to informatization, the cultivation of informatization talents, the innovation ability of informatization talents, the ability of the project to meet the demand, the reliable management system of information system maintenance personnel, and the monitoring system of the information system operation is less than 0.01, and the Z-value is greater than 1.96, and the difference of its results from the hypothesis is very significant, which indicates that these six items have the greatest influence on the informatization of economic management in Company H. Empirical cases and strategy suggestions for the informatization path of economic management are presented in this paper.