Correlation of Educational Level, Labor Potential and Digital Economy Development in Slovakian, Ukrainian and Russian Experience

Miethlich, Boris; Kvitka, Sergiy; Ermakova, Marina; Bozhko, Lesya; Dvoryankin, Oleg A.; Shemshurina, Svetlana; Kalyakina, Inessa Makedonovna

doi:10.18421/tem94-35

Cited by 19 publications

(6 citation statements)

References 9 publications

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“…The innovative basis of growth requires the labour of qualified specialists. For developing countries' digital economies, the need to strengthen labour potential is an urgent task [18].…”

Section: Study Resultsmentioning

confidence: 99%

The Innovative Basis of the Growing Small and Medium-sized Businesses

Bozhko¹

2022

Proceedings of the IX International Scientific and Practical Conference “Current Problems of Social and Labour Relations" (ISPC

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The growth of the organisation, expressed in revenue and the number of staff increase, has a positive effect on the socioeconomic indicators of the country. The firm's innovative activity as a factor of intensive growth in current conditions is beyond doubt but requires additional analysis to ensure it, considering the problems of growing organisations. Identification of innovation-based success factors and solutions to the problems of growing companies are topical management issues. The study aims to determine the factors of innovative development that would be the basis for ensuring the growth of small and medium-sized organisations. By methods of selective observation and in-depth structured interviews with representatives of small and medium-sized businesses, approx. three hundred organisations from Russian regions were surveyed, growth factors based on innovations were determined. The study results allow us to see the problems of growth of firms and choose possible solutions in the field of innovation management when making investment decisions. This will smooth out the economic instability of the business during the period of growth and create sustainable competitive advantages.

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“…The innovative basis of growth requires the labour of qualified specialists. For developing countries' digital economies, the need to strengthen labour potential is an urgent task [18].…”

Section: Study Resultsmentioning

confidence: 99%

The Innovative Basis of the Growing Small and Medium-sized Businesses

Bozhko¹

2022

Proceedings of the IX International Scientific and Practical Conference “Current Problems of Social and Labour Relations" (ISPC

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“…An important factor in the introduction of digital technologies to management is the availability of intellectual labour potential and educated specialists, as well as taking into account the features of intellectual labour [22].…”

Section: Discussionmentioning

confidence: 99%

The use of intelligent information technologies in the development of managerial decisions during organizational changes

Bozhko

Liuniakina

2023

E3S Web Conf.

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In change management, there emerges the problem of making timely and relevant managerial decisions. During the entire process of change, it is necessary to make decisions that ensure the success of changes, which is rather difficult in conditions of insufficient or, otherwise, abundant information and limited resources. The purpose of the study is to explore the possibilities and present the advantages to using intelligent information technologies in change management. The objectives of the study are to identify the features of decisions made during the period of changes; to identify the factors affecting the implementation of information analytical activities, and to review digital technologies that can accelerate decision making and improve its quality in change management. The results of the study have been obtained on the basis of an analysis of trends in the development of the IT market, the data on the introduction of advanced information technologies into company management for the period of 2020-2021, and an expert survey. Taking into account the formulated requirements for managerial decisions during the period of changes, a methodology for using intelligent information technologies in change management has been developed. Within the framework of the proposed methodology, there is established the relationship between the tasks of change management and information support. There is conducted a review of the digital technologies that can be used in managerial decision-making when implementing changes. The results of the study can be used in the development of an information system model that provides support for managerial decision-making during changes in the company.

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“…Their study concluded by proposing a new model for transformation in the higher education system based on this division. On the other hand, education is a crucial determinant of the development of the digital economy, as addressed by Miethlich et al [21]. Their study emphasized the role of intellectual labor potential in economic development and digitalization and explored the features of intellectual labor and education as a primary source and component of the digital economy.…”

Section: Educationmentioning

confidence: 99%

Can the Digital Economy Outperform the Oil Economy in Terms of Achieving Human Development?

Mohamed,

Frega,

Binsuwadan

2024

Sustainability

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The digital economy is reshaping the global economic landscape, with advancements in artificial intelligence, robotics, and virtual reality revolutionizing industries and transforming how people work and live. While the digital economy has promise in terms of improving human capital development, for example, through increased access to education and healthcare services, it also presents challenges, such as job displacement and income inequality. This study aims to evaluate the impact of the digital economy on human development indicators in the Kingdom of Saudi Arabia, seeking to understand how it influences education, health, and income levels. This paper provides valuable insights for policymakers seeking to enhance the Kingdom’s position in the global human development race by examining the relationship between the digital economy and human development using econometric models. This paper analyzes data from the World Bank and the United Nations Development Program to measure the impact of the digital economy on sustainable human development indicators. The findings show that while the digital economy has negligible or negative influence on other human development indicators, it has a limited beneficial impact on education in the long run. In addition, attaining sustainable human development—which is consistent with Vision 2030—requires expanding the economy beyond the oil sector and fostering scientific and technological progress.

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Correlation of Educational Level, Labor Potential and Digital Economy Development in Slovakian, Ukrainian and Russian Experience

Cited by 19 publications

References 9 publications

The Innovative Basis of the Growing Small and Medium-sized Businesses

The Innovative Basis of the Growing Small and Medium-sized Businesses

The use of intelligent information technologies in the development of managerial decisions during organizational changes

Can the Digital Economy Outperform the Oil Economy in Terms of Achieving Human Development?

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