Advertisement

State Regulation of the Cyber Economy Based on the Breakthrough Technologies of Industry 4.0

  • Julia V. Ragulina
  • Alexander Settles
  • Olga A. Shilkina
Chapter
Part of the Contributions to Economics book series (CE)

Abstract

Purpose: The purpose of this chapter is to determine the perspectives and to develop recommendations for the digital modernization of state regulation of the economy in Russia, using the breakthrough technologies of Industry 4.0.

Design/methodology/approach: The authors perform a statistical overview of the modern Russian practice of obtaining state services by economic subject using materials from “Indicators of the digital economy 2018,” which was compiled by the National Research University “Higher School of Economics.”

Findings: It is determined that in modern Russia, digital modernization of the practice of state regulation of the economy does not conform to the current needs of the cyber economy, as it is limited by its focus on only one direction (provision of state services) and it is based on traditional digital technologies (Internet).

Originality/value: A conceptual model for state regulation of the cyber economy based on the breakthrough technologies of Industry 4.0 is offered, according to which the digital modernization of regulatory practices also covers other areas (monitoring of economic activities, management of economic activities, and support for a favorable economic climate) through the utilization of digital technologies including blockchain, cloud technologies, the Internet of things, AI, quantum technologies, etc. Practical implementation of the developed model will satisfy the current and future needs of the cyber economy, which is currently forming in Russia, for hi-tech state regulation.

Keywords

State regulation Cyber economy Breakthrough technologies Digital modernization Industry 4.0 Modern Russia 

JEL Code

L51 O31 O32 O33 O38 

Notes

Acknowledgments

This chapter has been prepared with the support of the “RUDN University Program 5-100.”

References

  1. Adjei-Bamfo P, Maloreh-Nyamekye T, Ahenkan A (2019) The role of e-government in sustainable public procurement in developing countries: a systematic literature review. Resour Conserv Recycl 142:189–203CrossRefGoogle Scholar
  2. Bogoviz AV (2019) Industry 4.0 as a new vector of growth and development of knowledge economy. Stud Syst Decis Control 169:85–91CrossRefGoogle Scholar
  3. Butt N, Warraich NF, Tahira M (2019) Development level of electronic government services: an empirical study of e-government websites in Pakistan. Glob Knowl Mem Commun 68(1–2):33–46CrossRefGoogle Scholar
  4. Government of the Russian Federation (2019) Program “Digital economy of the Russian Federation”, adopted by the Decree dated July 28, 2017, No. 1632-r. http://static.government.ru/media/files/9gFM4FHj4PsB79I5v7yLVuPgu4bvR7M0.pdf. Accessed 28 Feb 2019
  5. Khan A, Krishnan S (2019) Conceptualizing the impact of corruption in national institutions and national stakeholder service systems on e-government maturity. Int J Inf Manag 46:23–36CrossRefGoogle Scholar
  6. National Research University “Higher School of Economics” (2019) Indicators of digital economy 2018: statistical collection. https://www.hse.ru/data/2018/08/20/1154812142/ICE2018.pdf.pdf. Accessed 28 Feb 2019
  7. Palaco I, Park MJ, Kim SK, Rho JJ (2019) Public–private partnerships for e-government in developing countries: an early stage assessment framework. Eval Program Plann 72:205–218CrossRefGoogle Scholar
  8. Popkova EG (2019) Preconditions of formation and development of Industry 4.0 in the conditions of knowledge economy. Stud Syst Decis Control 169:65–72CrossRefGoogle Scholar
  9. Popkova EG, Sergi BS (2019) Will Industry 4.0 and other innovations impact Russia’s development? In: Sergi BS (ed) Exploring the future of Russia’s economy and markets. Emerald Publishing, Bingley, pp 34–42Google Scholar
  10. Popkova EG, Ragulina YV, Bogoviz AV (2019) Fundamental differences of transition to Industry 4.0 from previous industrial revolutions. Stud Syst Decis Control 169:21–29CrossRefGoogle Scholar
  11. Rosenberg D (2019) Use of e-government services in a deeply divided society: a test and an extension of the social inequality hypotheses. New Media Soc 21(2):464–482CrossRefGoogle Scholar
  12. Sukhodolov AP, Popkova EG, Litvinova TN (2018) Models of modern information economy: conceptual contradictions and practical examples. Emerald Publishing, Bingley, pp 1–38CrossRefGoogle Scholar
  13. World Economic Forum (2019) The Global Information Technology Report 2016. http://www3.weforum.org/docs/GITR2016/WEF_GITR_Full_Report.pdf. Accessed 28 Feb 2019

Copyright information

© Springer Nature Switzerland AG 2019

Authors and Affiliations

  • Julia V. Ragulina
    • 1
  • Alexander Settles
    • 2
  • Olga A. Shilkina
    • 3
  1. 1.Peoples’ Friendship University of Russia (RUDN University)MoscowRussia
  2. 2.Entrepreneurship & Innovation Center, Florida UniversityGainesvilleUSA
  3. 3.Moscow State UniversityMoscowRussia

Personalised recommendations