Analysis and forecasting of the likely development of the digital economy in modern russia

Abstract

Purpose: The purpose of this chapter is to study socioeconomic problems and perspectives on the development of the cyber economy in modern Russia, as well as to present the results of research into the implementation of the program for the digital economy. Design/methodology/approach: An analysis of data from a range of national and international reports, documents, and programs devoted to innovative development of the digital economy allowing an identification of the key vectors for the strategic development of socioeconomic processes of Russia. Findings: The analysis shows that implementation of a complex program of digitization has serious obstacles to overcome, caused by factors that hinder the development of the key spheres of economy and a transition to the new technological mode (drawbacks in the regulatory and normative environment, low Internet coverage, insufficient implementation of digital technologies into the national system of education, low level of digitization in local administrations, growth of cybercrime rates, and insufficient effectiveness of scientific research connected to creation of prospective information technologies). Originality/value: Requirements for the digitization of certain spheres of the economy are substantiated and characterized, and target indicators for implementing the program of the digital economy in Russia by 2024 are offered.