Digital economy in the Russian Federation: problems and development prospects

Abstract

The main advantages of the digital economy include the widespread use of the Internet and growth of digital skills, increased innovation and investment activity, expansion of markets for knowledge-intensive services and technologies, diversification of labor and service markets, inclusive development in regions, etc. The digital economy benefits productivity and competition between companies, reduces production costs, increases the number of high-performance jobs, enhances public welfare, and ensures national security. The purpose of the study is to identify the main problems of the digitalization process in Russia, which the Russian society may meet or have already faced during the introduction and use of new technologies and knowledge obtained as a result of the fourth scientific and technological revolution. Active business development in the field of computer information technology and telecommunications, as well as the creation of the necessary economic environment, contributes to an increase in the supply of information, technical and technological products that are associated with the use of computers and computer networks, strengthening the state scientific and technological potential, increase in demand for domestic information products, which are created and used for the production of information and computer technology, increase investment in information and computer sphere, as well as areas of implementation of such technologies in various economic sectors. Digitalization of economy will raise the quality of life for citizens, introduce new jobs, reduce regional disparities, increase labor productivity and corporate profitability, as well as ensure economic growth.