Digital Capital as a Basis for the Development of the Economy in Modern Time and Principles of the Digitalization

DOI

10.2991/aebmr.k.201205.066How to use a DOI?

Keywords

digital capital, digital economy, technological order, digitalization

Abstract

The article presents an analysis of economic processes at the present stage. The formation of economic structures has always been conditioned by some significant event, scientific discovery, catalyst of progress. Technological stages, formed since 1970, have already been formed by combining the material and non-material base: the invention of microprocessors and information services; the discovery of graphene and the formation of artificial intelligence, etc. The transition to the digital economy is due to the transition to a new basis - digital capital, which combines material and non-material components. The intangible component provides almost limitless opportunities in the formation of the competitiveness of an employee, an organization. However, the gap, the differentiation of countries in the availability of digital capital as a new resource, increases inequality in society. A greater effect and result from the work of digital capital is achieved by increasing accessibility to it; it grows in the interaction of people and in interaction with other forms of capital (human, social, political, communication, intellectual, etc.). Digital capital supposedly possesses a feature that puts the economy itself, with its resource-based nature, into new conditions.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - M.D. Magomedov
AU  - O.V. Karabanova
AU  - V.A. Dikikh
PY  - 2020
DA  - 2020/12/07
TI  - Digital Capital as a Basis for the Development of the Economy in Modern Time and Principles of the Digitalization
BT  - Proceedings of the 2nd International Scientific and Practical Conference on Digital Economy (ISCDE 2020)
PB  - Atlantis Press
SP  - 397
EP  - 401
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.201205.066
DO  - 10.2991/aebmr.k.201205.066
ID  - Magomedov2020
ER  -