Foreign concepts of information (digital) economy

  • Oksana Buhaichuk Engineering Educational and Scientific Institute named after Y.M. Potebnya of Zaporizhzhia National University Zaporizhzhia, Ukraine
Keywords: digital economy, concepts, digitalization, Big Data economy, sustainable development


In modern conditions, the new challenges have emerged in the economy due to the introduction of global competitive digital technologies and, accordingly, the transformation of the economy into a digital format. In industry, digitalization is based on the concept of Industry 4.0, which provides for its end-to-end digitalization and integration into an intelligent technology platform. The analysis of the digital economy is relevant in the light of global challenges, the new economic reality, the development of the theory of digital economy and governance. In today's economic development, an increasing number of industrial-oriented countries are moving to the digital way of the development, as the use of digital results allows to produce competitive products with high added value, to develop related industries (intensifying the multiplier effect) and also it promotes economic progress, what, of course, ensures the emergence of qualitative changes in all industrial production. The purpose of the study is to substantiate the directions of foreign concepts of information (digital) economy. Methodology: the theoretical and methodological basis of the study are the fundamental and analytical foundations of digital economics research, to ensure the conceptual integrity To ensure the conceptual integrity of the research we used post-nonclassical methodology based on the Agile-methodology and Agile-philosophy as a new paradigm of informational (digital) economics, which represents the methodology of complexity, as well as systemic, axiological and informational methods and approaches, which allowed to present the foreign concepts of informational (digital) economics in their entirety. Methods of analysis and synthesis, generalization and systematization, historical and logical and comparative methods were used. The scientific importance of the work is that the world experience of forming the concepts of information (digital) economy, the use of effective mechanisms to ensure the development of a dynamic digital ecosystem capable of long-term benefits, to develop regulatory mechanisms that will be attractive to startups and talented professionals with high potential, which will promote the development of a dynamic digital ecosystem capable of bringing long-term benefits. The value of the study lies in the development of practical recommendations of improving the digital economy based on knowledge and digital technologies, which realize new opportunities for society, business and government.

JEL Classification: А12, G14, M21.


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How to Cite
Buhaichuk, O. (2022) “Foreign concepts of information (digital) economy”, Management and Entrepreneurship: Trends of Development, 2(20), pp. 8-19. doi: