Global Challenges of Digital Transformation of Markets: Collaboration and Digital Assets

Yadikin, Vladimir; Barykin, Sergey; Badenko, Vladimir; Bolshakov, Nikolai; Poza, Elena de la; Fedotov, Alexander

doi:10.21203/rs.3.rs-248950/v1

Cited by 5 publications

(1 citation statement)

References 30 publications

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“…The primary mode of production distribution has been formed by these changes, where various nations produce goods to engage in global trade based on their own comparative advantages. The division of labour has become increasingly refined to encompass intra-industry, intra-industry, and intra-product divisions, as well as other forms of global value chain division [1][2][3]. China has increased its involvement in international commerce and the division of labor since joining the WTO in 2001.…”

Section: Introductionmentioning

confidence: 99%

High-quality Development Path of Digital Economy and Cultural Industry under the Perspective of Low-carbon Development

Wang

2024

Applied Mathematics and Nonlinear Sciences

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This paper focuses on how the cultural industry affects economic growth through the theory and model of cultural economics. Based on the development of the economic growth model endogenized by the cultural industry, it explains how the arts and entertainment sector and the digital economy play a crucial role in the long-term economic growth after examining the logic and mechanism of the cultural industry impacting economic growth through induction and theoretical derivation. To create a quantitative analytical model of the digital economy and cultural industry and investigate the relationship between them, multiple regression analysis is employed. The impact of individual aspects of each condition variable on the economic performance composition of the cultural industry is evaluated using group effects. The results of the NCA test demonstrate that the digital economy, the scale of the cultural industry, public participation, and resources are all necessary for the sector to perform economically. The effect sizes of these factors are (0.525, 0.540), (0.362, 0.347), (0.315, 0.363), and (0.271, 0.188). The digital economy’s regression coefficients, which are usually positive, are0.470, 0.461, 0.428, 0.422, 0.383, and 0.381, according to the regression study. According to this study, the cultural sector’s growth at a high standard is positively impacted by the digital economy.

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Section: Introductionmentioning

confidence: 99%

High-quality Development Path of Digital Economy and Cultural Industry under the Perspective of Low-carbon Development

Wang

2024

Applied Mathematics and Nonlinear Sciences

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Cross-Industry Principles for Digital Representations of Complex Technical Systems in the Context of the MBSE Approach: A Review

Bolshakov,

Badenko,

Yadykin

et al. 2023

Applied Sciences

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This scientific article discusses the process of digital transformation of enterprises, analyzed as complex technical systems. Digital transformation is essential for businesses to remain competitive in the global marketplace. One of the effective tools for such a transformation is model-based systems engineering (MBSE). However, there is a gap in the practical application of knowledge regarding the uniform principles for the formation of a digital representation of complex technical systems, which limits the realization of the cross-industry potential of digital transformation in the economy. The motivation for this study is to identify common cross-industry principles for the formation of digital representations of complex technical systems that can lead companies to a sustainable and successful digital transformation. The purpose of this work is to identify and formulate these principles through an analysis of publications, using an inductive approach and classifying them by the category of application. As a result of the study, 23 principles were obtained, and the degree of their use in various industries associated with complex technical systems was determined. The results of this study will help to solve the problem of cross-industry integration and guide systemic changes in the organization of enterprises during their digital transformation.

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Labor Market Soft Skills in the Context of Digitalization of the Economy

Schislyaeva

Saychenko

2022

Social Sciences

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Economies globally have relied on the difficulties of labor market operations. Their survival is based on their ability to adapt to the realities of current technological and digital requirements. The purpose of this study was to assess the future needs of the labor market for soft skills acquired by employees in the context of digitalization of the economy in facing modern attributes of labor market requirements using secondary data. The arguments advanced in this paper are premised on the notion that the digitalization of the economy leads to an increase in employers’ need for employees to acquire soft skills. The study is grounded on the Goal-Setting Theory of Motivation, which presupposes that there is a critical link between the goals individuals or organizations set for themselves and their performance. The analysis of the selected studies revealed that soft skills are considered critical during job interviews and are becoming increasingly scarce. This study predicts a shortage of employees with soft skills, accompanied by an increase in employers’ need for flexible skills. Additionally, this research recommends that discussions should consider the implications of digital technologies for personnel management and holistic measures to safeguard organizational wellbeing and protect the labor market economy through digitalization.

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Global Challenges of Digital Transformation of Markets: Collaboration and Digital Assets

Cited by 5 publications

References 30 publications

High-quality Development Path of Digital Economy and Cultural Industry under the Perspective of Low-carbon Development

High-quality Development Path of Digital Economy and Cultural Industry under the Perspective of Low-carbon Development

Cross-Industry Principles for Digital Representations of Complex Technical Systems in the Context of the MBSE Approach: A Review

Labor Market Soft Skills in the Context of Digitalization of the Economy

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