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The digital economy is a new direction in which the modern global economic system is now heading. This book seeks to adapt the digital economy concept to the priorities of humanity, including the implementation of global development goals. The authors develop and substantiate scientific and methodological criteria for assessing the sustainability of the modern digital economy, and offer several concrete recommendations for improving the concept of the digital economy by incorporating global development goals.
The book focuses on a systemic study of the challenges of the modern economy and related problems and areas of sustainable development of countries, regions, and businesses, with particular attention paid to the new prospects offered by the spread of digital technology. The book’s contribution to the literature is that it reveals the specifics and digital perspectives of supporting the SDGs in the economy at every level of the economy: country, regional, and corporate, considering sectoral specificities—this is reflected in six parts of the book. Part 1 identifies contemporary challenges of the modern economy as barriers to sustainable development. Part 2 reflects the future direction of sustainable development of the countries. Part 3 considers the problems and prospects for sustainable development of regions. Part 4 focuses on the problems and prospects for the sustainable development of enterprises and industries. Part 5 sheds light on the economic and legal foundations and cooperative mechanisms of sustainable development. Part 6 offers recommendations for enhancing the use of digital technologies offered by Industry 4.0 to support the SDGs. Scientists whose research interests include sustainable economic development are the primary target audience for this book. For the primary target audience, the book forms a systemic view of the global challenges of sustainable development and offers a set of scientific and methodological recommendations to provide an effective response to these challenges at every level of the economy. An additional audience for the book is practicing experts, who will find international best practices and applied recommendations to support sustainable economic development and implementation of the SDGs in the practice of state (national regulation and public administration of the region) and corporate (in various industries) management.
This book focuses on digital institutions and the advanced technologies used on their basis, as well as their contribution to sustainable development in the unity of seventeen SDGs formulated by the UN, which is sequentially disclosed in six parts of the book. This book is dedicated to comprehensive coverage of the role of the digital economy in sustainable development and the offering of a set of scientific, methodological, and practical recommendations to increase the scale and effectiveness of this role. The first part explores the training of digital personnel for sustainable development, the second part reveals the regional features of Russia, and the third part describes the industry specifics of using digital technologies in entrepreneurship in support of sustainable development. The fourth part deals with financial, organizational, and managerial issues of using digital technologies in entrepreneurship in support of sustainable development, the fifth part is devoted to security, international factors, and risks, and the sixth part deals with the legal framework and state regulation of digital technologies and sustainable development institutions. The novelty of the book lies in its reliance on an institutional approach that allows rethinking and systematically studying the contribution of the digital economy to sustainable development. The book is aimed at scholars who will find in it an institutional understanding of the digital economy’s support for sustainable development and ways to improve it. The secondary target audience of the book is the subject of managing the sustainable development of the digital economy. For them, the book contains relevant and illustrative examples from practice and applied recommendations.
The advancement of technology, such as data analytics and artificial intelligence (AI), has led to the birth of Industry 4.0, in which technology seems to be the centre of development. However, as the Covid-19 pandemic created havoc, the entire world production chain has been seriously affected, highlighting that machines alone, although fully connected and automated, cannot function without people. This book addresses the pillars of moving towards Industry 5.0 for sustainable development, drawing on examples from Asia. As Asian nations are moving fast toward the digital economy, this edited collection offers new perspectives on understanding emerging business opportunities as well as the challenges faced. Chapters span the three pillars of Industry 5.0, human centricity, sustainability and resilience, and includes topics related to people management for creating wealth, technology advancements in supporting creativity, resilience and agility of organisations, as well as the important issue of sustainability in future industrial development. With rich, empirical studies from leading researchers, this book will be a reference for academics and scholars across business disciplines, including information, technology and innovation management, organisational and strategic management, as well as those interested in industrial development and sustainability.
This book offers a comprehensive introduction to the different emerging concepts in the innovative area of sustainability and digital technology. More than 20 leading thinkers from the fields of digitalization, strategic management, sustainability and organizational development share clearly structured insights on the latest developments, advances and remaining challenges concerning the role of sustainability in an increasingly digital world. The authors not only introduce a profound and unique analysis on the state-of-the art of sustainability and digital transformation, but also provide business leaders with practical advice on how to apply the latest management thinking to their daily business decisions. Further, a number of significant case studies exemplify the issues discussed and serve as valuable blueprints for decision makers.
This contributed volume presents the outcomes of multidisciplinary studies on the problem of sustainable economic development. The key issues addressed here are economic transformation, crisis management, formation and implementation of industrial policy in the innovative economy, and the development of individual industries (oil refining, transport, education, tourism, the financial sector, etc.), as well as the problem of resistance to changes in the economy. Special attention is paid to economic growth under unstable conditions and the impact of digitalization on the development of economic processes. This book is dividided into five parts, the first of which deals with factors and conditions determining the sustainable development of different socio-economic systems, as well as issues in connection with the post-crisis development of regional economies. In turn, the second part is devoted to an analysis of the innovative development of the economy, risk assessment for innovation projects, readiness for changes and innovations, and various instruments of innovative economic development. Prospects for the digitalization of the economy and the current changes in economic systems caused by digitalization are considered in the third part of the book. In the fourth part, the authors discuss the specific features of labor market development, and professional competencies that will be essential to the sustainable development of the economy. In closing, the fifth part presents sectoral and intra-organizational aspects of sustainable economic development.
Author : Elena G. Popkova Publisher : Walter de Gruyter GmbH & Co KG Page : 269 pages File Size : 19,41 MB Release : 2021-02-08 Category : Business & Economics ISBN : 3110651769
The development of the Digital Economy has been a landmark breakthrough for economic systems in the 21st century, as it opens up opportunities for the full-scale implementation of new digital technologies and the optimization of economic activities. While the conceptual essence and specific features of the digital economy are described in detail in the existing literature, the practical foundations of its formation are poorly studied. In this book, the digital economy is studied from the perspective of neo-institutional economic theory. This allows for the tracking of the process of formation (institutionalization) of the digital economy, determining the basic institutions that are necessary for its formation and that exist in modern economic practice, and analyzing scenarios for the future development of the digital economy in the 21st century.
This book looks at how digital economy can help energy businesses to meet their sustainability goals. It will further generates a new debate among policymakers about encouraging green technologies to reduce global carbon emissions. Our modern society requires a long-term, sustainable, and secure energy supply that not only generates and preserves renewable energy. It is also creating universal intelligent machines for power systems, and vital infrastructure is considered in terms of digital economy requirements. The idea of sharing information is an essential principle of sustainable thinking. In such instances, open internet and data access are required to enable any human being to acquire knowledge. Furthermore, the energy industry is changing worldwide, necessitating the consideration of potential implications and modifications. Thus, its most distinguishing feature is moving from a centrally organized system to one with many market players. Consequently, information and communication technologies and human growth have significant main and interactive effects on environmental sustainability. Simultaneously, energy industry is a major player in resolving the digital economy’s development issues.
A Sustainable Digital Economy The Digital revolution is promising us a great future. Cyber and Privacy incidents that come with it are the modern equivalent of pollution we knew from the industrial revolution as well. The fear, uncertainty, and doubt that these incidents create lead to an expensive Cybersecurity arms race and growing legislative controls. How can such a Digital Economy ever be trusted and Sustainable? By linking to lessons learned from other industries, and positive show cases, a realistic vision on a Sustainable Digital Economy, and how it can be achieved is presented in this book. We'll leave the fear behind us and we'll innovate to solve the root cause of the current issues and lower the need for security controls and legislation. We'll build bridges instead of walls to create successful partnerships for new Digital business models. And we'll make the security controls we'd still need effective, transparent, and affordable. This all results in a Sustainable Digital Economy which we can trust and is inclusive to us all. It will bring prosperity and removes the need for extensive legislation and compliance checks. Because it's not fear, but trust that connects us #TrustConnects