Volume 03 Issue 07-2023
195
International Journal of Advance Scientific Research
(ISSN
–
2750-1396)
VOLUME
03
ISSUE
07
Pages:
195-200
SJIF
I
MPACT
FACTOR
(2021:
5.478
)
(2022:
5.636
)
(2023:
6.741
)
OCLC
–
1368736135
A
BSTRACT
Nowadays, the concept of digital economy has appeared in the economic theory and practice of a number
of countries. It was characterized by the rapid development of digital technologies, the revolution in the
information sector, and the acceleration of the globalization of the economy. The efficiency of their use has
been translated into increasing knowledge, and socio-economic relations are expanding more and more.
K
EYWORDS
Economic importance, digital economy, network resources, digitalization, information technology,
competition, innovation, innovative management.
I
NTRODUCTION
Interest in the digital economy has grown
significantly due to significant changes in society
and the economy. Modern technologies and
platforms have helped businesses and individuals
to reduce costs by minimizing personal
communication with customers, partners, and
government organizations, as well as making
communication faster and easier. The result is a
digital or electronic economy based on network
resources.
The word “digitalization” is actually a new term,
which refers to the involvement of IT solutions in
the process of innovative management and
administration, and as a result, the use of
information technologies in all systems, from
Journal
Website:
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Copyright:
Original
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may be used under the
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attributes
4.0 licence.
Research Article
IMPORTANT ISSUES OF IMPLEMENTATION OF DIGITAL
ECONOMY AND INNOVATIVE INFORMATION AND
COMMUNICATION TECHNOLOGIES
Submission Date:
July 20, 2023,
Accepted Date:
July 25, 2023,
Published Date:
July 30, 2023
Crossref doi:
https://doi.org/10.37547/ijasr-03-07-33
Murotjonova Mubina Dilshod Qizi
Jizzakh Branch Of The National University Of Uzbekistan Named After Mirzo Ulugbek, Faculty Of
“
Psychology
”, 5230100
- Economy (By Industries And Sectors), Student Of Group 140-20, Uzbekistan
Volume 03 Issue 07-2023
196
International Journal of Advance Scientific Research
(ISSN
–
2750-1396)
VOLUME
03
ISSUE
07
Pages:
195-200
SJIF
I
MPACT
FACTOR
(2021:
5.478
)
(2022:
5.636
)
(2023:
6.741
)
OCLC
–
1368736135
Internet of Things to e-government. The main
source of the digital segment of the economy is
the growth of the transactional sector. In
developed countries, this indicator makes up
more than 70 percent of GDP and combines public
administration, consulting and information
services, finance, wholesale and retail trade, as
well as services (utility, personal and social).
The higher the diversification and dynamics of
the economy, the greater the circulation of unique
information within and outside the country, and
the greater the information traffic within national
economies. Therefore, the digital economy
develops rapidly in markets where the number of
participants is large and IT services are
widespread.
In particular, it creates unlimited convenience for
transport, trade, logistics and similar industries
that actively work with the Internet. According to
some researchers, the share of the electronic
segment in them is close to 10% of the GDP and
provides employment for 4% of the population.
Most importantly, these indicators will grow
steadily.
Undoubtedly, the effectiveness of the digital
economy is influenced not only by the coverage of
information technologies and the availability of
infrastructure, but also by standard economic
criteria such as the business environment, human
capital, and successful management instruments.
Therefore, economic development relies on them,
which means that these criteria are as important
as before in the development of the digital
economy.
Today, old and new companies that use IT tools to
create new services and business models around
the world are creating strong competition for
companies that are leaders in most industries.
According to forecasts, in the coming years, the
macro-economy is expected to be strongly
dependent on manufacturers relying on the
criteria of “lean production”, additive, nano and
biotechnology. In this regard, the volume of
information considered necessary for rational
management will also increase, and the structure
of production and civil communication, business
and government bodies will undergo serious
changes.
The following are indicated as the main
conditions and factors for gradually entering the
path of social and economic development:
•
implementation of electronic government and
digital city concepts due to informatization
and integration of public administration
bodies and municipal services;
•
mass production of products of the new
technological generation (such as driverless
cars, etc.);
•
implementation of ideas related to the
construction of "smart" and ecological houses
using unique decoration and building
materials;
•
wide promotion of alternative forms of
employment through outsourcing, self-
employment, etc.;
•
creating professional networks that serve to
search for workers-freelancers to perform
certain tasks.
Volume 03 Issue 07-2023
197
International Journal of Advance Scientific Research
(ISSN
–
2750-1396)
VOLUME
03
ISSUE
07
Pages:
195-200
SJIF
I
MPACT
FACTOR
(2021:
5.478
)
(2022:
5.636
)
(2023:
6.741
)
OCLC
–
1368736135
All of the above allows businesses to reduce costs
with the help of modern platforms that integrate
goods and electronic services in production and
management. First of all, this issue concerns the
integration of service orders, joint use of
resources, selection of counterparties, conduct of
electronic trade, payments and others.
Information technologies provide an opportunity
for enterprises to adopt a completely new, faster
pace of work and to diversify the form of services
and products. In addition, researchers are also
talking about the introduction of short life
products into the market.
As a result, business can significantly reduce the
prices set for services, and in the macroeconomic
direction, individual production and false
employment indicators will increase. Also,
directions
such
as
crowdfunding
and
crowdsourcing are now included among new
economic technologies.
According to economists, at the same time, as a
result of such changes, the economy based on the
practice of extracting additional value is changing
to the economy of cooperation and sharing of
interests (“sharing
-
economy”). This gives rise to
hope that market competition will actively give
way to mutually beneficial cooperation and
cooperation, and at the same time, it will move
from vertical communication to equal relations
and complementary services.
According to estimates, this will be reflected in
the increase in the number of services and the
growth of the volume of electronic trade in
services. It is noted that digital technologies will
dramatically change more than 50 percent of
economy-related sectors. This vision is based on
the fact that information technologies and digital
platforms will dramatically change business
models, eliminate intermediaries and optimize
processes for their efficiency.
According to the calculations of the World Bank, a
10% increase in the number of high-speed
Internet users can increase the annual GDP from
0.4% to 1.4%. Also, the share of the digital
economy in the country's GDP is considered to be
an indicator of its importance.
In 2010, the Boston Consulting Group estimated
the scale of digitalization at $2.3 trillion (4.1
percent of GDP) for a group of 20 countries. If this
trend continues, after 10-15 years the share of
such an economy in the world GDP will approach
30-40%. In developing economies, about 1
percent of the population is employed in the IT
sector, a sector that creates more jobs than
others. However, the rise of the IT sector is
driving the creation of jobs in other sectors that
are adopting new technologies (for every 1 new
job created in the IT sector, there are 4.9 jobs in
related sectors).
The digital economy boldly opens new horizons
for entrepreneurs and self-employed people.
Often, the contribution to the development of the
IT sector creates the basis for the development of
the economy, the creation of new jobs, the
emergence of new types of services for people
and businesses, and the reduction of costs within
the framework of e-government projects. At the
same time, the overall effect resulting from the
Volume 03 Issue 07-2023
198
International Journal of Advance Scientific Research
(ISSN
–
2750-1396)
VOLUME
03
ISSUE
07
Pages:
195-200
SJIF
I
MPACT
FACTOR
(2021:
5.478
)
(2022:
5.636
)
(2023:
6.741
)
OCLC
–
1368736135
implementation of information technologies
turns out to be less effective than expected and
not distributed in the same order. Getting the
most out of such investments requires a good
understanding of how technology interacts with
other factors, called “analog complements” in a
World Bank report.
It is very difficult to enumerate the effects created
by the digital economy, therefore, it is difficult to
fully evaluate the connections that the access to
electronic services and metadata provides to
economic objects. Therefore, justifying the
importance of investments in information,
especially at the state level, is a difficult task. It is
a self-evident phenomenon that it is impossible to
always calculate gigabytes of information created
in one or another field. The communication
models that have emerged as a result of the
integration of information platforms give impetus
to the emergence of new economic technologies
(YIT). IT is information that is integrated into a
single technological platform to create, transfer,
store and reflect information products (data,
ideas and knowledge) that serve a purpose to
organizational
management
systems
and
minimize transaction costs for communication
between economic agents. is a collection of new
“customizable” tools and methods in all aspects of
processing.
The main principles of IT:
•
creating radically new business models;
•
rational integration of various IT services and
application of methods of their use in
organizational and technological processes in
the real economy sector;
•
minimizing transaction costs and material
resources used in production.
YIT develops in the current economic realities on
the basis of digital technologies. Earlier,
technologies related to production, trade, and
finance have gradually improved, but now
emerging ITs are focused on horizontal relations
(self-organization and singularity), innovative
entrepreneurship
(self-development),
information engineering (self-improvement) and
serves as a basis for auto-formalization
(automatic structure) of economic processes.
Data centers modern IT platforms for information
systematization and analytical processing form
the true basis of IT. In this case, the development
of the direction of providing services related to
management consulting and business analysis is
of great importance. New institutions, such as
information and consulting services and state
development
agencies,
serve
as
the
organizational basis for improving the business
environment.
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6.741
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