Litvinenko, I. та Smirnova, I. та Solovykh, N. та Korolkov, V. та Bulaev, S. (2021) DIGITALIZATION AND INNOVATIZATION OF ECONOMIC SPACE. AD ALTA: Journal of interdisciplinary research (11(2)). с. 20-24.

Text Litvinenko, I., Smirnova, I., Solovykh, N., Korolkov, V., & Bulaev, S. (2021) Digitalization and innovatization of economic space. зах.pdf Download(1MB)

English abstract

The article analyzes the implementation of the processes of digitalization and innovation of the economic space in the domestic and foreign economies, as well as potential of gaining advantages provided by digitalization. Spatial economics is currently one of the main directions in the development of economic thought. The reason for interest in the research is changing the scale of economic activity. Even though digitalization processes already have a tangible impact on the economic space of both the global economy and its regional subspaces integrated into the global one, the world is only at the very beginning of transformations, which, in turn, determines the relevance of research in this field. The quantitative and qualitative indicators of digitalization and innovation are considered. Methods of general economic theory are applied, in particular, market players’ behavior patterns and implications. The tendencies that determine the prospects for digitalization and innovatization of the Russian and global economic space are identified. In this context, the phenomenon of isolated markets convergence, as well as clustering previously homogeneous markets is described. It was determined how the processes of digitalization and innovatization of the economic space are interconnected and indicate the directions of using these interconnections in order to innovate the national economy. The article outlines most promising areas of digitalization concerning Russian requests for the development of an innovative system. The conceptual model of interconnection of digitalization and innovatization processes in the framework of reformatting the economic space.

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