The 4th industrial revolution and digital transformation: changes and challenges Online publication date: Mon, 31-Oct-2022
by Elena B. Zavyalova; Marina V. Safronchuk; Anastasia E. Burzhinkaya
International Journal of Economic Policy in Emerging Economies (IJEPEE), Vol. 16, No. 2/3/4, 2022
Abstract: The idea of this article is to identify through theoretical analyses the difference and main features of the digital economy that is emerging in the course of digital transformation. We justify the necessity for institutional transformation, to consider possible responses to the challenges that the 4th industrial revolution poses for business and government. We contemplate not only the advantages and benefits of basic digital technologies in their usage, but also identify problems and difficulties that arise in the form of external effects of digitalisation. The reader acquaints with the results of the methodological development of the conceptual foundations of the new economic theory, reflecting the influence of basic digital technologies on the organisation of society, on the economic mechanism principles, and on the interaction of business, buyers (households) and the government.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Economic Policy in Emerging Economies (IJEPEE):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com
Our Blog 
Follow us on Twitter 
Visit us on Facebook