Improving methods for assessing economic security at the micro level in the context of digitalization

Abstract

Purpose: the article aims at using additional functionalities of the digital economy and modern information systems to develop new analytical tools for monitoring economic security and identifying company risks. Methods: the article uses traditional methods of scientific analysis, economic and mathematical statistics. Moreover, the author proposes the new approaches, which develop a methodology for diagnosing economic security factors at the region level and micro level using additional functional capabilities of digital economy and modern information systems.Results: based on the analysis of existing methods for assessing economic security at the micro level, urgent methodological problems of assessing the economic security have identified. New approaches have developed for diagnosing the economic security of a company. They base on the use of search capabilities and functionality of modern information systems. The paper presents the author's methodology for assessing possible strategic advantages due to integration processes and cooperation, and it has tested on the example of the Tver region.Conclusions and Relevance: new methods for diagnosing the qualitative characteristics of the development potential and risks of a company consider as a management tool that provides the administration of an economic entity with the opportunity to conduct diagnostics in the system: potential-risk and identify competitive advantages and the most significant risks and threats to development. Such a presentation of opportunities and threats helps to substantiate a set of targeted management decisions aimed at using competitive advantages and eliminating or neutralizing threats and risks. In this case, modern information technologies make it possible to provide an information-empirical basis for research, achieve the set goals and solve the problem of the results reliability.

Keywords

• digital economy
• economic security
• information disclosure systems
• economic security assessment