International experience of state support and encouragement of digital economy processesa

Abstract

The World Economic Forum estimates that digital transformations have a huge potential for developing business and society within the next decade and the global economy can earn over 30 trln $ additionally for a period up to 2025 [1]. A significant portion of the advantages will be given to the countries, which will deeply and comprehensively implement information and communication technologies to allow the state, society and business to interact. A high speed of data transmission and exchange of information allows innovations to diffuse both at the intra-industry and cross-industry levels, which promotes competitive strength of companies, countries and world’s regions by increasing labor efficiency. In this article we have considered the programs being implemented in developed and developing countries to promote conditions for digital transformation of society and industry, boost industrial cooperation in the research and development, innovative and production areas, develop industrial and innovative infrastructure facilities, upgrade existing production facilities and create new innovative sectors of economy.