| Issue |
SHS Web of Conf.
Volume 44, 2018
IV International Scientific Conference “The Convergence of Digital and Physical Worlds: Technological, Economic and Social Challenges” (CC-TESC2018)
|
|
|---|---|---|
| Article Number | 00004 | |
| Number of page(s) | 9 | |
| DOI | https://doi.org/10.1051/shsconf/20184400004 | |
| Published online | 05 June 2018 | |
Digital technologies: new forms and tools of business activitya
1 Saint Petersburg State University of Architecture and Civil Engineering, Faculty of economics and management, 190005 2nd Krasnoarmeiskaya st. 4, Russian Federation
2 Peter the Great Saint Petersburg Polytechnic University, University, Institute of Industrial Management, Economics and Trade, 195251, Politechnicheskaya st., 29, Russian Federation
* Corresponding author: 3234969@mail.ru
The digital transformation of business activity is characterized by diffusion of innovative technologies, integration of physical and digital systems. The unprecedented digital revolution has substantially transformed forms of business activity and has given auxiliary options for implementation of new business ideas laying the groundwork for investment climate. The new forms of business activity have different propagation dynamics and they generate in most cases quite different patterns of growth and evolution. The innovative tools and operating models of business activity have got a significant effect on geography and size of prospective market, competitive environment and speed of goods substitution. Changes in global economics in the last ten years have shown that technology companies are the leaders by rates of growth and market capitalization. At the same time, their digital products and developments are key factors in the dynamic development of traditional industries of their economics. The processes of forming and development of business (entrepreneurial) initiative under conditions of introduction of digital economics’ elements in different spheres of socioeconomic interaction have been covered in the article.
© The Authors, published by EDP Sciences, 2018
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. (http://creativecommons.org/licenses/by/4.0/).
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