Skip to main content

Business Transitions in the Digital Economy: Perspectives from Agriculture

  • Chapter
  • First Online:
Complex Systems: Innovation and Sustainability in the Digital Age

Part of the book series: Studies in Systems, Decision and Control ((SSDC,volume 283))

Abstract

In recent years, the transition to the digital economy (platform, gig-economy, it-economy) has been actively developing all over the world. The paper focuses on the effectiveness of digitalization, shows the contribution of the digital economy to the GDP, and reviews changes in the production sector aimed at industry digitalization. The digital transformation is one of the main factors of global economic growth. Developing digital economy in the Russia will increase its GDP by a third by 2025. The digitalization of agriculture will increase production, improve the quality and safety of food products. Blockchain technology can track the entire history of each product, and smart contracts simplify access to international markets for small and medium-sized agricultural producers. Due to the absence (maximum reduction) of the number of intermediaries, consumer prices for products decrease, and the price of producers, on the contrary, increase. By 2024, it is planned to increase productivity growth by two times in the “digital” agricultural enterprises. This will be achieved due to lower production costs, higher yields, increased gross margins, market expansions, attracting highly qualified specialists and investors to the agricultural sector. As a result, a significant multiplier effect is expected in other areas, which improves the county’s economic performance y as a whole.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 149.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 199.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 199.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  1. Aptekman, A., Kalibin, V., Klintsov, V., Kuznetsova, E., Kulagin, V., Yasenovets, I.: Digital Russia: the new reality (2017). https://www.mckinsey.com/ru/~/media/McKinsey/Locations/Europe%20and%20Middle%20East/Russia/Our%20Insights/Digital%20Russia/Digital-Russia-report.ashx

  2. Committee on agrarian issues (n.d.) Materials of the extended meeting of the Scientific and Expert Council of the Committee on agrarian issues on the topic: “Legal aspects of the development of the digital economy in agriculture” and parliamentary hearings on the topic: “Legislative aspects of regulation of legal relations of domestic producers and retail chains (bill No. 364444–7)”

    Google Scholar 

  3. Council of the Russian Federation. The Council for the development of the digital economy was established under the Federation Council (2018). https://council.gov.ru/events/news/91581/

  4. Government of the Russian Federation. The program “Digital Economy of the Russian Federation.” (2017). https://static.government.ru/media/files/9gFM4FHj4PsB79I5v7yLVuPgu4bvR7M0.pdf

  5. Maksimova, T.P., Zhdanova, O.A.: Implementation of the strategy of digitalization of the agro-industrial complex of Russia: opportunities and limitations. Theory Pract. Tangible Dev. 9, 63–67 (2018). https://doi.org/10.24158/tipor.2018.9.9

  6. Maslova, V., Avdeev, M.: Improving the competitiveness of domestic agro-food products and the development of the digital economy in agriculture. AIC Econ. Manag. 8, 4–11 (2018)

    Article  Google Scholar 

  7. Osipov, V., Bogoviz, A.: The transition to agriculture: background, roadmap, and possible consequences. Agric. Econ. Russia 10, 11–15 (2017)

    Google Scholar 

  8. Savelyev, I.I., Abdullaev, N.V.: Digital economy and digitalization: concept, essence, meaning. Econ. Manag. Prob. Sol. 11(2), 13–18 (2018)

    Google Scholar 

  9. Smagin, A.: Integration of the digital economy in agriculture: international experience and its application in the Russian Federation. Econ. Agric. Russia 6, 92–97 (2018)

    Google Scholar 

  10. Soldatenko, A.V., Razin, A.F., Shatilov, M.V., Ivanova, M.I., Razin, O.A., Rossinskaya, O.V., Bashkirov, O.V.: Interregional exchange in the context of the alignment of the consumption of vegetables in subjects of the Russian Federation. Vegetab. Russia 6, 37–42 (2018). https://doi.org/10.18619/2072-9146-2018-6-3-8

    Article  Google Scholar 

  11. Top 50 countries by the cost of mobile Internet (2018). https://www.content-review.com/articles/45644/

Download references

Author information

Authors and Affiliations

Authors

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2021 Springer Nature Switzerland AG

About this chapter

Check for updates. Verify currency and authenticity via CrossMark

Cite this chapter

Shatilov, M.V., Razin, A.F., Ivanova, M.I. (2021). Business Transitions in the Digital Economy: Perspectives from Agriculture. In: Bogoviz, A.V. (eds) Complex Systems: Innovation and Sustainability in the Digital Age. Studies in Systems, Decision and Control, vol 283. Springer, Cham. https://doi.org/10.1007/978-3-030-58823-6_23

Download citation

  • DOI: https://doi.org/10.1007/978-3-030-58823-6_23

  • Published:

  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-030-58822-9

  • Online ISBN: 978-3-030-58823-6

  • eBook Packages: EngineeringEngineering (R0)

Publish with us

Policies and ethics