Linear Regression Model for Substantiation of Sustainable State Policy in a Digital Economy

Dorofyeyev, Oleksandr; Lozinska, Tamara; Ponochovnyi, Yuriy; Vlasenko, Tetiana

doi:10.1109/dessert50317.2020.9125066

Cited by 3 publications

(1 citation statement)

References 11 publications

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“…(2022), the key factors contributing to the growth of the digital economy include a well-developed information and communication technology sector, solid educational institutions and competitive innovation. Information technology is the basis for digital transformation of enterprises (Dorofyeyev, et al, 2020;Zhang, et al, 2022). The development of technologies such as artificial intelligence, big data and the Internet of Things is increasingly influencing business processes.…”

Section: The State Of Digital Transformation In the Context Of Digita...mentioning

confidence: 99%

Digital Transformation as a Factor in Ensuring Economic Security of Enterprises

Kukhar,

Kravchyk,

Brechko

2023

BJES

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The subject of the research is the study of digital transformation as one of the factors of ensuring the economic security of enterprises. Methodology. The study uses general scientific methods, in particular theoretical generalisation, analysis and synthesis, statistical analysis and graphical methods for the visual presentation of research results. The aim is to analyse the role of digital transformation in ensuring the economic security of companies. Conclusion. Summing up the results, it is determined that the security of enterprises is a crucial element for their successful functioning and stability in the market. The impact of digitalisation on the economic security of enterprise is manifested through the positive impact of advanced digital technologies. Taking advantage of the digital economy leads to numerous positive aspects in business and contributes to achieving strategic goals and strengthening economic security. A conceptual model of the economic security of enterprises has been developed, in which digital transformation is a key tool, covering various aspects, including the conceptual apparatus, objectives, problem vision, subjects and objects of management. The model is aimed at creating conditions for sustainable development and maintaining the economic security of the enterprise at various stages of its life cycle. The programme for ensuring economic security within the framework of this model includes the stages of defining tasks, developing a scenario, implementing and evaluating efficiency. The mechanism of economic security is considered as a system of resources and interactions, with digital transformation as a central tool. Summarising the model and approach, the key aspects of ensuring the economic security of enterprises are revealed, taking into account the challenges and opportunities of the modern business environment. Digital technologies make it possible to increase the level of economic security, which in turn contributes to increasing the efficiency and competitiveness of individual companies, the economy as a whole and the standard of living of the population.

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Section: The State Of Digital Transformation In the Context Of Digita...mentioning

confidence: 99%

Digital Transformation as a Factor in Ensuring Economic Security of Enterprises

Kukhar,

Kravchyk,

Brechko

2023

BJES

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The Impact of Investment on Sustainable Competitiveness Aspects

Arsić

Fedajev

2021

Advances in Finance, Accounting, and Economics

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The European Union (EU) consists of 27 economies characterized by different economic structures, living standards, demographic dynamics, technology development, and other factors shaping their sustainable development patterns. This chapter aims to examine the impact of total investments and R&D investments on the sustainable development of EU economies and determine how these financial investments impact sustainable competitiveness in the global market. The assessment of the sustainable development performances was performed for the period from 2008 to 2019 using the linear regression model. The key findings pointed out that total investments and R&D investments had different impacts on sustainable competitiveness aspects in old member states (OMS) and new member states (NMS). The results could help policymakers understand, adjust, and optimize sustainable competitiveness to secure economic growth in all regions and reduce the differences between OMS and NMS.

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Digitalization of the agricultural sector: the impact of ICT on the development of enterprises in Ukraine

Hrosul,

Kruhlova,

Kolesnyk

2023

Agric. resour. econ.

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Purpose. The purpose of the research paper is determining the effect of information and communication technologies (ICTs) on the agricultural enterprises performance in Ukraine by studying the dependence of the performance of agricultural enterprises on the activity of their digital solutions implementation. Methodology / approach. The effect of ICTs on the performance of agricultural enterprises is studied using the methods of average and relative values, dynamic analysis – in determining the trends in the development of enterprises of the ICT segment and the activity of implementation of digital solutions by agricultural enterprises in their practice; correlation analysis – in studying the dependence of the performance of agricultural enterprises on the activity of digital solutions implementation. Results. The dependence of the performance of agricultural enterprises on the activity of their implementation of digital solutions is determined. A direct link between the volume of activities of enterprises operating in the ICT segment and the investments of agricultural enterprises in software is established. It has been determined that the activity of agricultural enterprises in terms of investments in software has a positive effect on their activities results, causing an increase in the volume of sold products, added value and labour productivity. A direct but weak effect of software investments on the cost efficiency of current and environmental activities has been diagnosed. A feedback relationship has been established between the investments made by agricultural enterprises in the acquisition of software and the profitability of their operating activities, which is increasing with taking into account the time lag. Originality / scientific novelty. The article provides empirical evidence of the dependence of agricultural enterprises activity indices on ICT segment enterprises development. The dependence of the results of agricultural enterprises activity on the activity of their digital solutions implementation was investigated with and without taking into account the time lag. The scientific and methodological foundations for assessing the impact of ICT on the performance of enterprises have been improved, in particular by allocating indicators for this assessment by stages of research. Practical value / significance. The results of the study can be used in the decision-making process regarding the digital transformation of agricultural enterprises through the implementation of ICT.

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Linear Regression Model for Substantiation of Sustainable State Policy in a Digital Economy

Cited by 3 publications

References 11 publications

Digital Transformation as a Factor in Ensuring Economic Security of Enterprises

Digital Transformation as a Factor in Ensuring Economic Security of Enterprises

The Impact of Investment on Sustainable Competitiveness Aspects

Digitalization of the agricultural sector: the impact of ICT on the development of enterprises in Ukraine

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