RELEVANT ASPECTS OF THE DIGITAL TRANSFORMATION OF THE ECONOMY OF THE EUROPEAN REGION

Author(s): Frolov A.V., Lysunets M.V.

Rubric: Domestic and foreign trade

DOI: 10.21777/2587-554X-2022-1-61-71

Release: 2022-1 (40)

Pages: 61-71

Keywords: innovation, digitalization, regional integration, public-private partnerships (PPPs), digital technologies

Annotation: The subject of the study is the directions of digitalization in the European region. The mechanism of publicprivate partnership (PPP) as digitalization tool is also considered in the article. The purpose of the study is the investigation of digitalization areas and the development of digital technologies in the European Union (EU), including their role in the issues of the green economy creation. The research also systemizes forms of PPPs and their role in provision of sufficient digital technological independence of the European Union. The study is based on a comprehensive approach to the consideration of socio-economic problems of regional development of the EU, including a systematic comparative analysis, economic and statistical method. Experience of useful samples of public-private partnerships aimed at regional technological independence is herewith analyzed . As a result of the conducted research, the structure of the planned digital transformation of the region is determined, its main goals and objectives are highlighted, the forms of public-private partnerships designed to promote further digitalization in the EU are characterized, the role of planned innovations in the further socio-economic development of the region is studied. The study focuses on the aspects of integrated digitalization relevant to the Russian Federation and its potential partners and the corresponding PPP mechanisms.

Bibliography: Frolov A.V., Lysunets M.V. RELEVANT ASPECTS OF THE DIGITAL TRANSFORMATION OF THE ECONOMY OF THE EUROPEAN REGION // Economics and Management. – 2022. – № 1 (40). – С. 61-71. doi: 10.21777/2587-554X-2022-1-61-71