A Conceptual Approach to the Formation of an Intelligent Digital Innovation Economy

Alovsat Garaja Aliyev ()

Informatica Economica, 2023, vol. 27, issue 2, 5-14

Abstract: This paper analyzes the essence of the conceptual approach to the intellectual digital innovation economy, which will be formed based on the normal development of the digital economy. It is noted that most researchers of the economy of the modern era use many different concepts such as knowledge, digital, Internet, post-industrial, virtual, network, information, electronic, intellectual, etc. in their works. Scientific approaches to the study of the development problems of the intellectual economy formed in the new era are classified. As a result of summarizing existing scientific works, a new approach to the system of economic relations using modern innovative information technologies, the intellectual information environment efficiently developed with ICT, and the newly formed intellectual digital innovation economy are proposed. With the help of digital technologies, priority directions for developing information infrastructure, and Global digital space, including new business models, have been proposed. By using the concept of Industry 4.0 and "smart structures" as the driving force of the digital transformation of industrial development, taking advantage of the use of the "cyber-physical system" as a unified complex of information resources, systems, and physical processes and the Internet of Things, cloud, Big Data, artificial intelligence technologies, new recommendations on the formation of the economy were given.

Keywords: Digital economy; Digital transformations; Conceptual approaches; Priority directions; Digital technologies; Digital innovation economy; Intellectual economy (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:aes:infoec:v:27:y:2023:i:2:p:5-14

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