Proceedings of the III International Scientific and Practical Conference "Digital Economy and Finances" (ISPC-DEF 2020)

The Interaction Between Innovative Technologies in the Course of the Institutionalization of the Digital Economy

Authors
Natalia Vasilenko, Alexey Linkov, Olga Tokareva
Corresponding Author
Natalia Vasilenko
Available Online 24 April 2020.
DOI
https://doi.org/10.2991/aebmr.k.200423.010How to use a DOI?
Keywords
digital economy, technological change, institutional change, innovative technologies, humanities technologies
Abstract
The development of the digital economy is discussed as a complex institutional transformation. The authors link the stages of this transformation with the interaction between three types of innovative technologies. The first type includes production technologies. The second type includes both organizational technologies that correlate with changes in business models and technologies used in the provision of services. The third type includes humanities technologies that influence human consciousness. The article demonstrates how these technologies are transformed in the digital environment. It is shown that at the present stage of the institutionalization of the digital economy, humanities technologies aimed at helping people adapt to the new environment play the most important role. The provisions of the theory of institutional change, in particular the concept of the institutional market, are used to substantiate the typology of technologies pro-posed. It is proved that launching the institutional market mechanism will not only accelerate the institutionalization of the digital economy but also determine the set of technologies which will make both companies and entire countries competitive at present and in the future. The authors suggest that further studies could be carried out into how various types of innovative technologies interact in different industries and countries.
Open Access
This is an open access article distributed under the CC BY-NC license.

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Cite this article

TY  - CONF
AU  - Natalia Vasilenko
AU  - Alexey Linkov
AU  - Olga Tokareva
PY  - 2020
DA  - 2020/04/24
TI  - The Interaction Between Innovative Technologies in the Course of the Institutionalization of the Digital Economy
BT  - Proceedings of the III International Scientific and Practical Conference "Digital Economy and Finances" (ISPC-DEF 2020)
PB  - Atlantis Press
SP  - 44
EP  - 48
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200423.010
DO  - https://doi.org/10.2991/aebmr.k.200423.010
ID  - Vasilenko2020
ER  -