Proceedings of the “New Silk Road: Business Cooperation and Prospective of Economic Development” (NSRBCPED 2019)

Industry 4.0: Theoretical Foundations and the Strategic Priorities of Russian Regions

Authors
Marina Kurnikova, Elena Bolgova, Sergey Bolgov, Valeriy Khaitbaev, Irina Dodorina
Corresponding Author
Marina Kurnikova
Available Online 30 March 2020.
DOI
10.2991/aebmr.k.200324.037How to use a DOI?
Keywords
region, digitalization, strategic priorities, Industry 4.0
Abstract

The Industry 4.0 concept acts as a theoretical foundation for introducing digital technologies into production and management processes which leads to the digital transformation of economy including the one at the level of territories. The efficiency of digital transformation in developed and developing countries is achieved through public administration – the development of government programmes, national and local strategies, the plans and projects of a certain region. The current practices for strategic planning need a scientifically-based justification of development priorities and their overarching presence in a comprehensive system of strategic documents. The difficulty of developing digital transformation priorities arises from the ongoing research into Industry 4.0 concept deriving from the dynamically changing trends of digitalization, its diversity and complexity for the development of Russian regions. The prepared Russian documents fail to reflect the priority of universities in creating Industry 4.0, with a “digital university” being the only model in working out, implementing and using digital technologies in regional economies. Due to the incomplete Industry 4.0 concept and the urgency of the digital transformation of the economy, the paper is aimed at developing theoretical foundations of the «data-driven» economy. The research conducted by the authors involved the dialectic method, the methods of summarization, analysis and synthesis, deduction and induction. The study resulted in some certain suggestions on strategic priorities for the development of Russian regions in view of key digital technologies, the role of universities in their creation and implementation. The authors have shown that Industry 4.0 has a huge potential in setting priorities of digital economy and management at the level of regions.

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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Volume Title
Proceedings of the “New Silk Road: Business Cooperation and Prospective of Economic Development” (NSRBCPED 2019)
Series
Advances in Economics, Business and Management Research
Publication Date
30 March 2020
ISBN
10.2991/aebmr.k.200324.037
ISSN
2352-5428
DOI
10.2991/aebmr.k.200324.037How to use a DOI?
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/).

Cite this article

TY  - CONF
AU  - Marina Kurnikova
AU  - Elena Bolgova
AU  - Sergey Bolgov
AU  - Valeriy Khaitbaev
AU  - Irina Dodorina
PY  - 2020
DA  - 2020/03/30
TI  - Industry 4.0: Theoretical Foundations and the Strategic Priorities of Russian Regions
BT  - Proceedings of the “New Silk Road: Business Cooperation and Prospective of Economic Development” (NSRBCPED 2019)
PB  - Atlantis Press
SP  - 195
EP  - 200
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200324.037
DO  - 10.2991/aebmr.k.200324.037
ID  - Kurnikova2020
ER  -