Cite this article as:

Tkachenko I. N., Starikov Y. N. Digital Economy: Key Trends and Development Objectives. Izv. Saratov Univ., Economics. Management. Law, 2020, vol. 20, iss. 3, pp. 244-255. DOI:

This is an open access article distributed under the terms of Creative Commons Attribution 4.0 International License (CC-BY 4.0).

Digital Economy: Key Trends and Development Objectives

Introduction. This study aims to analyze the essence of “digital economy” definition, study the main trends in its development and identification of the specifics of its formation in Russia, as well as the definition of the digital economy developing objectives in our country in the medium term. Theoretical analysis. Today digital economy has become an integral part of the socio-economic development. Thus, the analysis of digitalization trends, the assessment of its role in society, the impact of digital modernization on economic growth and life quality indicators are the most important research objectives. The article analyzes approaches to defining the concept of digital economy as a socio-economic phenomenon, on the basis of which the author’s approach to the interpretation of the economic category of “digital economy” is proposed. The global trends of digital economy development and the features of its formation in Russia are considered. Empirical analysis. Based on the main world digital economy ratings’ analysis, this study confirms both the achievements and the problematic aspects of its formation in Russia. It is noted that today, on a global scale, digital modernization is moving to the stage of building a digital society as a new global system and an additional impact to this process is given by the economy crisis connected with spreading of the new coronavirus infection. Among the main problems of digital modernization in Russia are the lag in the digital infrastructure development, the digital divide between regions and the consumption digitalization to the detriment of the digital industries development and creating of high added value into the digital industry. At the same time, the positive trends are the domestic business interest in digital transformations and the world class level of public services sector digitalization. Results. Based on the analysis, the article’s authors see the accelerated development of digital infrastructure, large-scale digitalization of industry and basic life spheres, as well as the digital literacy development and the education system modernization, as main objectives on the way to the digital economy development in our country.

  1. Teslenko I. B., Digilina O. B., Murav’eva N. V., Abdullaev N. V. Development a digital economy ecosystem in Russia. Ekonomika i predprinimatel’stvo [Journal of Economy and Entrepreneurship], 2018, no. 9 (98), pp. 150–154 (in Russian).
  2. Tsifrovaya Rossiya: novaya real’nost’ (Digital Russia: a new reality). Available at: (accessed 10 June 2020) (in Russian).
  3. Knickrehm M., Berthon B., Daugherty P. Digital disruption: The growth multiplier. Optimizing digital investments to realize higher productivity and growth. Dublin, Accenture, 2016. 12 p. Available at: (accessed 10 June 2020).
  4. Sagynbekova A. S. Digital economy: concept, perspectives, development trends in Russia. Teoriya. Praktika. Innovatsii [Theory. Practice. Innovation], 2018, no. 4 (28), pp. 255–267 (in Russian).
  5. Dvorkovich A. V., Dvorkovich V. P., Sedova M. A. “Digital economy”, the global practice of developing high-performance digital broadcasting systems and the problems of their implementation in Russia. Tsifrovaya obrabotka signalov [Digital signal processing], 2017, no. 3, pp. 3–12 (in Russian).
  6. Betelin V. B. On the Problem of the Digital Economy Formation in Russia. Herald of the Russian Academy of Sciences, 2018, vol. 88, no. 1, pp. 3–9 (in Russian). DOI:
  7. Porokhovskii A. A. Digitalization and Artificial Intelligence: Prospects and Challenges. Ekonomika. Nalogi. Pravo [Economics, taxes & law], 2020, no. 13 (2), pp. 84–91 (in Russian). DOI:
  8. Shvab K. Chetvertaya promyshlennaya revolyutsiya [The fourth industrial revolution]. Moscow, Publishing House “E”, 2017. 208 p (in Russian).
  9. Shvab K. Tekhnologii chetvertoi promyshlennoi revolyutsii [Technologies of the Fourth Industrial Revolution]. Moscow, Exmo Publ., 2019. 320 p. (in Russian).
  10. Negroponte N. Bits & Atoms. Available at: (accessed 11 June 2020).
  11. Silin Ya. P., Animitsa E. G. Contours of the digital economy in Russia. Izvestiya Uralskogo gosudarstvennogo ekonomicheskogo universiteta [Journal of the Ural State University of Economics], 2018, vol. 19, no. 3, pp. 18–25 (in Russian). DOI:
  12. Duplyakina O. K., Miroshnichenko M. A. Necessary conditions for the development of the digital economy in Russia. Ekonomika znanii v Rossii: ot generatsii znanii i innovatsii k kognitivnoi industrializatsii [Economy of knowledges in Russia: from the generation of knowledges and innovations to cognitive industrialization. Materials of the IX Int. Sci. and Pract. Conf.]. Krasnodar, Kuban State University, 2017, pp. 225–232 (in Russian).
  13. Bukht R., Heeks R. Defi ning, Conceptualising and Measuring the Digital Economy. International Organisations Research Journal, 2018, vol. 13, no. 2, pp. 143–172 (in English). DOI:
  14. Babkin A. V., Burkaltseva D. D., Vorobev D. G., Kosten Yu. N. Formation of digital economy in Russia: essence, features, technical normalization, development problems. St. Petersburg State Polytechnical University Journal. Economics, 2017, vol. 10, no. 3, pp. 9–25 (in Russian). DOI:
  15. Matveeva V. M. Digital economy: trends and prospects. Innovatsionnoe razvitie sotsial’no-ekonomicheskikh sistem: usloviya, rezul’taty i vozmozhnosti [Innovative development of socio-economic systems: Conditions, results and opportunities. Collection of materials of the V Int. Sci. and Pract. Conf.]. Moscow, State Humanities and Technology University, 2017, pp. 98–104 (in Russian).
  16. Akberdina V. V. The Transformation of the Russian Industrial Complex Under Digitalisation. Izvestiya Uralskogo gosudarstvennogo ekonomicheskogo universiteta [Journal of the Ural State University of Economics], 2018, vol. 19, no. 3, pp. 82–99 (in Russian). DOI:
  17. Romanova O. A. Russian Regions’ Socioeconomic Development Strategies in the Context of Challenges Posed by the Digital Economy. Izvestiya Uralskogo gosudarstvennogo ekonomicheskogo universiteta [Journal of the Ural State University of Economics], 2018, vol. 19, no. 3, pp. 55−68 (in Russian). DOI:
  18. On the Strategy for the Development of the Information Society in the Russian Federation for 2017–2030. Decree of the President of the Russian Federation of May 9, 2017 no. 203. Available at: (accessed 10 June 2020) (in Russian).
  19. On approval of the program “Digital Economy of the Russian Federation”. Decree of the Government of the Russian Federation of July 28, 2017 no. 1632-r. Available at: (accessed 10 June 2020) (in Russian).
  20. Pekarskaya A. Yu. Specific of taxation surveillance in the context of digital economics development. Belorusskii ekonomicheskii zhurnal [Belarusian Economic Journal], 2018, no. 1 (82), pp. 84–96 (in Russian).
  21. Barefoot K., Curtis D., Jolliff W. A., Nicholson J. R., Omohundro R. Defining and measuring the digital economy. U.S., BEA Working Paper, 2018, March 15. 18 p.
  22. Slavin B. The economy of Russia. The digital age? BIT. Biznes & Informatsionnye tekhnologii [BIT. Business & Information Technology], 2017, no. 3 (66), pp. 6–9 (in Russian).
  23. Digital Transformation Index / Research & Insights. DellTechnologies (2019). Available at: (accessed 10 June 2020).
  24. Kakov Indeks gotovnosti rossiiskikh kompanii k tsifrovoi transformatsii? 2019 (What is the Index of Russian Companies’ Readiness for Digital Transformation? 2019). Available at: (accessed 8 June 2020) (in Russian).
  25. Abdrakhmanova G. I., Vishnevskii K. O., Utyatina K. E., Leven E. I. Digital technologies in industry and ITindustry. Express information HSE. Institute for Statistical Studies and Economics of Knowledge. 27.05.2020. Available at: (accessed 2 June 2020) (in Russian).
  26. Reiting elektronnogo pravitel’stva OON (UN e-government rating). Available at:Статья:Рейтинг_электронного_правительства_ООН (accessed 11 June 2020) (in Russian).
  27. BCG e-Intensity. Available at: (accessed 10 June 2020).
  28. Kokh L. V., Kokh Yu. V. Analysis of existing approaches to measuring of digital economy. St. Petersburg State Polytechnical University Journal. Economics, 2019, vol. 12, no. 4, pp. 78–89 (in Russian). DOI:
  29. Reiting stran mira po urovnyu razvitiya informatsionnokommunikatsionnykh tekhnologii (Rating of the world countries in terms of information and communication technologies development). Available at: (accessed 10 June 2020) (in Russian).
  30. Soveschanie po voprosam razvitiya informatsionnokommunikatsionnykh tekhnologiy i svyazi (Meeting on the development of information and communication technologies and communications). Available at: (accessed 4 June 2020) (in Russian).
Full Text (PDF):