Managing the provision of resources for the creation of products to rapidly develop the cyber economy

Abstract

In this chapter, the connection between the digital economy and the cyber economy is determined, and the global development trends for information technologies are analyzed. The author substantiates the need to integrate production and economic processes into a unified cyber economic system to accelerate the development and manufacture of products with competitive consumer qualities, which could occupy the dominant positions and satisfy demand in existing markets. He also advocates that rapid development products with innovative qualities and unique consumer characteristics should be launched to create new markets and satisfy new needs in society. The author formulates and solves the important task of determining the necessary level of resource provision, for the creation of both types of products with the usage of methodological tools. Management of resource provision is aimed at creating an optimal balance for all types of an organization’s resources in the global information space, which, as a result of their realization in the form of finished products, create the potential for acquiring either a large market share or satisfying market demand in new markets. The task of creating this optimal balance for all types of resources, through the optimization of business processes and organizational models is a very important element in the process of the creation of cyber economic systems.