MEASUREMENT OF DIGITAL ACTIVITY IN MEDIUM, HIGH-TECH AND LOW-TECH MANUFACTURING INDUSTRIES

Inna Lola () and Murat Bakeev ()

HSE Working papers from National Research University Higher School of Economics

Abstract: The spread of digital technologies changes production processes and business models, which has important effects for diversification of the economy. The fourth industrial revolution and the Industrial Internet of Things open up new opportunities for the introduction of technologies, having a significant impact on the production cycle, starting with highly automated production lines and ending with the large-scale implementation of technological solutions designed to improve productivity, optimize costs, quality and reliability. Defining digital transformations, primarily in the manufacturing industry as a strategic imperative for the entire economy, for the first time, based on opinions and intentions of entrepreneurs (short and medium-term), key aspects of the digitalization process in Russian medium, high-tech and low-tech manufacturing industries are revealed. A set of tendencies in the development of digital technologies by their main types is presented, the level of industry participation in digital transformation is shown, as well as many other important digital transformation processes in enterprises that are not measured by quantitative statistics. For all the studied industries, factors hindering digital transformation are identified and ranked.

Keywords: digitalization; digital activity; digital technologies; manufacturing industry; conjuncture observations; digital investment; digital strategy (search for similar items in EconPapers)
JEL-codes: L60 O14 O33 O52 (search for similar items in EconPapers)
Pages: 36 pages
Date: 2019
New Economics Papers: this item is included in nep-cis, nep-ict and nep-pay
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Published in WP BRP Series: Science, Technology and Innovation / STI, August 2019, pages 1-36

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