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Regional Aspects of Sectoral Digitalization: Problems and Prospects

L.I. Popova, I.D. Demina, Y.S. Stepanenko, Q.N. Tran, G.V. Meshkova and M.A. Afonasova

International Journal of Economics & Business Administration (IJEBA), 2019, vol. VII, issue 2, 176-188

Abstract: Purpose: At present, high and sometimes record indicators have been achieved for the individual branches of agricultural production. Further intensive development of agriculture is due to the search for new ways to increase labor productivity and lower production costs which is the main aim of this research. Design/Methodology/Approach: The methodological basis served as a systematic approach, which ensured comprehensiveness and purposefulness. Analytical, abstract-logical, economic-statistical, monographic and experimental research methods were also used in this work to examine problems and prospects of sectoral digitalization. Findings: The agro-industrial complex demonstrates the growth of production indicators and is on the rise. The target indicators, laid down in the Food Security Doctrine, have already been achieved by many indices. To a large extent, it is due to a significant increase in the agro-industrial complex. Practical implications: A proposed platform that would ensure a breakthrough in further technical modernization of production, can be created only if the technologies are improved based on their digitalization and orientation towards a specific consumer. Originality/Value: The pin-point introduction of digital technologies in agricultural production confirms the high efficiency of the full innovative technical modernization. The proposed digital transformation of management in the agro-industrial complex of Russia is the value of this research with its originality compared to other ideas.

Keywords: Digital economy; modernization of agriculture; transformation; labor productivity; digitization of agriculture; regional specificity; food security. (search for similar items in EconPapers)
JEL-codes: O14 O32 O38 (search for similar items in EconPapers)
Date: 2019
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Handle: RePEc:ers:ijebaa:v:vii:y:2019:i:2:p:176-188