Authors

  • G.N. Makhmudova
  • Sh.M. Janizakova

DOI:

https://doi.org/10.71337/inlibrary.uz.science-research.73019

Keywords:

information society digitalization economic security industry automation digital technologies digital transformation.

Abstract

Digitalization has become a key factor in ensuring the economic security of enterprises. By leveraging digital technologies, businesses can enhance the transparency of their economic operations. This article explores the theoretical foundations of the information society, enterprise digitalization, and digital transformation, using an industrial enterprise in Uzbekistan as an example. It analyzes the economic performance of industrial enterprises, identifies relevant trends, and presents scientific and practical insights on strengthening economic security in the industrial sector.

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THE IMPORTANCE OF DIGITALIZATION IN ENSURING THE ECONOMIC

SECURITY OF ENTERPRISES

Makhmudova G.N.

Doctor of Economics, Professor of TSUE.

Telephone +99897-429-00-38.

e-mail:

Guljaxon0038@gmail.com

ORCID ID 0000-0002-1801-4326

Janizakova Sh.M.

assistant of TSUE.

Telephone +99897-784-85-98.

e-mail:

shaxnoza.janizakova@gmail.com

ORCID ID 0009-0003-0832-6195

https://doi.org/10.5281/zenodo.15059809

Abstract.

Digitalization has become a key factor in ensuring the economic security of

enterprises. By leveraging digital technologies, businesses can enhance the transparency of their

economic operations. This article explores the theoretical foundations of the information society,

enterprise digitalization, and digital transformation, using an industrial enterprise in Uzbekistan

as an example. It analyzes the economic performance of industrial enterprises, identifies

relevant trends, and presents scientific and practical insights on strengthening economic security

in the industrial sector.

Keywords:

information society, digitalization, economic security, industry, automation,

digital technologies, digital transformation.

ЗНАЧЕНИЕ ЦИФРОВИЗАЦИИ В ОБЕСПЕЧЕНИИ ЭКОНОМИЧЕСКОЙ

БЕЗОПАСНОСТИ ПРЕДПРИЯТИЙ

Аннотация.

Цифровизация

стала

ключевым

фактором

обеспечения

экономической безопасности предприятий. Используя цифровые технологии, бизнес

может повысить прозрачность своих экономических операций. В данной статье

рассматриваются теоретические основы информационного общества, цифровизации

предприятий и цифровой трансформации на примере промышленного предприятия

Узбекистана. Анализируются экономические показатели промышленных предприятий,

выявляются соответствующие тенденции и представляются научные и практические

выводы по укреплению экономической безопасности в промышленном секторе.

Ключевые слова:

информационное общество, цифровизация, экономическая

безопасность, промышленность, автоматизация, цифровые технологии, цифровая

трансформация.


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An information society is a society in which most workers are engaged in the production,

storage, processing, and sale of information, especially the highest forms of knowledge. This

stage of development of society and the economy is characterized by the following:

- increasing the role of information, knowledge, and information technologies in society;

- increase in the number of people employed in the production of information technologies,

communications, and information products and services, as well as the share of ICT in the gross

domestic product;

- informatization of society through telephony, radio, television, the Internet, and both

traditional and electronic media.

The creation of the global information society has led to:

- effective, informal human interaction;

- access to global information resources;

- meeting their needs for information products and services;

- development of e-democracy, digital economy, e-government, digital markets, e-social

and business sectors.

The impact of digitization on the innovative development of industrial enterprises was

considered based on the calculation of efficiency indicators of the innovative activity for selected

systems of the production process.[1]

The impact of contemporary information and communication technologies on the

performance of trading enterprises, particularly under challenging management conditions, is

scrutinized.[2]

Digitalization processes have a particularly significant impact on the economic activities

of business entities and, consequently, on ensuring their economic security. The demand for

security is fundamental for individuals, enterprises, society, and the state as a whole.[3] Some

scholars have focused on national economic security [4], the economic security of households

[5], and the economic security of the individual [6]. Others have paid attention, in addition to the

above, to “economic security of the region and economic security of the enterprise” [7]. Also,

the ability to influence modern information, telecommunications and modern communication

systems in protecting intellectual resources of enterprises has been studied.[8] It can be seen that

economic security is the most important element at all stages of economic development, and it

requires protection from internal and external threats.

In addition, investigations by Kolomiiets H. M. and Hlushach Yu. S. actualize

transformantion stages of digital technologies definig their role in business as auxiliary ones; as

an important factor of achieving business-results of activities; as the basis for providing a

business strategy; and, finally, as a business-model identifier [9].


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This is important for understanding significance of digitalization at the current stage of

development of individual industries. Thus, Hojeghan S.B. and Esfangareh A.N. show impacts

of the digital economy on the tourism industry [10].

The concept of enterprise digitalization is associated with the introduction of new

technologies that have become available to businesses in recent years, including big data

analytics, machine learning, artificial intelligence, robotization, augmented reality, the Internet of

Things (IoT), 3D printing, and cloud computing. The prerequisites for the development and

implementation of digitalization include the decreasing cost of technology and computing power,

as well as an increase in the capacity for high-speed data transfer. Digital technologies allow

businesses to analyze sales, inventories, production volumes, and operational processes at an

advanced level. This, in turn, leads to qualitatively new perspectives on the company's products,

relationships with suppliers and customers, and organizational processes. The digital economy,

functioning on information technology platforms, is developing at an accelerat-ing speed that

necessitates the creation of new models of such platforms.[11]

Digital transformation in an enterprise can be viewed from two perspectives. The first

perspective is the digitalization of the business model, which involves changing interactions with

customers by moving from traditional sales to a smart product model supplemented by digital

services. The second is operational digitalization—the introduction of digital tools to improve

the efficiency of the enterprise within the existing business model.

According to the 2018 KPMG Global Survey, 95 percent of industry leaders see digital

transformation as an opportunity to improve efficiency and grow their business.

How does digitalization affect productivity and performance?

The introduction of digital tools into operations will allow enterprises to improve the

quality of decision-making and achieve positive results within the first year. In particular,

solutions based on IoT and big data analytics play a significant role in enhancing the efficiency

of production processes. They facilitate the rapid collection of material performance data,

convert it into digitized format for further processing, share information electronically along the

value chain, and utilize machine learning and artificial intelligence to generate new insights. In

addition, they can be used to remotely control the production process and the physical

parameters of equipment based on decisions made, considering the results of in-depth analysis.

By combining different technologies, enterprises have the tools to increase the output of

finished products, drastically reduce the amount of unusable products, reduce material intensity,

and increase the usefulness of equipment. For example, with the participation of KPMG

consultants, Russian enterprises have developed solutions to reduce ferroalloy consumption in

steel production; it has become possible to predict steel defects at the initial stages of production,


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optimize the operating parameters of the gas fractionation plant in real time, and determine in

advance when the distillation column will clog, allowing for timely repairs and prevention of

accidents.

The resulting optimization effect, of course, also depends on the characteristics of the

particular enterprise.

How are enterprises approaching digitalization?

The development of new technologies is transforming entire industries and private

enterprises. The stages of digital transformation are putting pressure on management. However,

digitilization requires investment, so companies on this path must define tactical and long-term

transformation goals, roadmaps, and business cases.

According to KPMG research, six out of ten industries worldwide currently have a digital

transformation program in place. However, a quarter of enterprises have a program designed for

less than 12 months, while the majority (61%) plan to implement their existing programs within

one to three years. These figures, however, reflect the development level of the largest

enterprises—industry leaders.

However, leaders are also at the stage of building the necessary digital skills and

implementing pilot projects. Eighty-nine percent of the largest industrial enterprises surveyed by

KPMG have begun implementing solutions or pilot projects based on machine learning and

artificial intelligence within limited processes. The OECD estimates that only 12 percent of

enterprises in Western Europe are already using big data analytics.

Pilot companies are tasked with testing these technologies, demonstrating measurable

economic impact, and initiating cultural change within the organization. In most cases, such pilot

projects are implemented with external expertise from equipment suppliers, IT companies,

consultants, and technology start-ups.

For those that are not market leaders, new technologies are still in the planning stages.

Small and medium enterprises (SMEs) lag behind the largest businesses not only in adopting

digital technologies but also in traditional robotics and factory automation. This difference in

adoption rates is due to the availability of financial resources, experience in implementing

advanced technologies, and cost savings.

What limits digitilization?

In 2018, the OECD presented the results of an analysis of factors influencing the pace of

digitilization. These factors can be divided into two groups: internal organizational capabilities

and the availability of incentives for digitilization.

An organization’s internal capabilities include the presence of a strategic decision and the

ability to implement it, which are characterized by the competence of the company's


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management and the quality of its management processes. This includes the knowledge and

skills of employees required for digital transformation: the knowledge and skills of not only IT

specialists but also other digital specialists (as well as the level of knowledge of low-skilled

employees) have a significant impact. Internal capabilities also involve the efficient allocation of

resources to the company's employees based on their knowledge and skills.

The incentives for digitalization can include, for example, the level of competition in the

industry, which stimulates higher productivity in enterprises.

In addition, it is important to have access to digital technologies and an open market, the

ability to finance investments in digital technologies, and the ability to flexibly enter and exit

projects in the context of risky investments in new technologies. Flexibility of labor legislation

becomes important in terms of reallocation of resources, and availability of additional tax and

regulatory benefits.

By working with these factors, the government can support enterprises and accelerate the

adoption of digital technologies, as up to 60% of the available potential for increasing enterprise

productivity depends on them.

Internal digitalization opportunities and additional incentives allow enterprises

an opportunity to start on the path of transformation. However, even with the necessary

resources, companies face internal resistance, reluctance to change business processes, and

difficulties in integrating with "traditional" solutions.

It is important to remember that digital business transformation is not about replacing all

employees with robots, but about empowering managers and employees with new technologies.

More than 60% of industrial managers believe that digitalization will create additional jobs

rather than reduce their number.

Digitilization in industry is a relevant, even contemporary topic today, and it has entered

a new era of industrialization. It provides a high degree of flexibility and a wide coverage of the

customer base in shaping business models by integrating Cyber-Physical Systems (CPS - Cyber-

Physical System) and Internet of Things (Internet of Things-IoT) into the production process.

The implementation of new technologies is based on the desire to comprehensively

improve efficiency and create conditions for the successful functioning of the enterprise.

What does industrial digitilization mean?

Industrial digitilization is the concept of a new digital space that includes production

equipment, life support, and enterprise security, i.e. the entire electronics system of an

organization.


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Sensors and sensors make it possible to combine various physical objects into a virtual

network in which they can interact with each other without human intervention.

1

The main benefit of digitalization is to increase the efficiency of the enterprise by

reducing the time it takes to develop a new product, bring it to market, and deliver it to the

consumer, and to optimize company resources, which increases productivity.

The concept of corporate digitilization was first published in 1996 by Nicholas

Negroponte, head of the MIT Media Lab, in the book "Being Digital". However, it was only a

theory, and now it is technically possible to put the ideas of the digital enterprise into practice.

Today there is a real need for digitilization of industrial enterprises, as the problem of

processing large amounts of information that arises in large industries can only be solved with

the help of machines. Modern technologies allow machines not only to perform automatic

actions but also to interact with each other in various areas of the enterprise.

Thus, it is not only about automating individual production steps but also the end-to-end

digital production process, including financial and organizational activities. The new approach

increases mobility, faster decision-making, and process variability depending on customer needs.

Digital Transformation of the Enterprise.

As mentioned above, the transition to a digital enterprise requires fully digitizing and

integrating manufacturing and other processes vertically, from product manufacturing to logistics

and industry service. However, there is also a need for horizontal integration that goes beyond a

single organization to include the firm itself, partners, suppliers, and customers.

Figure 1 - The growth of the number of industrial enterprises in

Uzbekistan (2020-2024).

2

1

https://center2m.ru/tsifrovizatsiya-promishlenosti

2

Source: compiled by the author on the basis of statistical data from www.stat.uz - official website of the State


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The realization of digital transformation using various modern technologies should be

based on an appropriate digital platform. The digital platform is understood as digital data,

models, and tools, informationally and technologically integrated into a unified automated

management system of the target field of science, in addition, this platform should organize the

interaction of stakeholders with each other.

Around each digital platform, a corresponding digital enterprise ecosystem emerges,

including resource and component suppliers, customers, service providers, and operations. It is

also important that all information about practical processes, their efficiency, quality

management, and operational planning is available in real time on the organization's integrated

network. Summarizing all of the above, we can say that a sharp increase in production volumes

and enterprise value, as well as its competitiveness in the market, occurs under the condition of a

complete digital transformation of all business processes.

Goals and objectives of digitilization.

Previously, optimization of production implied modernization of its elements and stages.

On the other hand, digitilization is the transformation of a simple enterprise into a digital

one, which can be seen as a global process that covers not only all stages of production but also

the renewal of all the company's activities.

Figure 2 - Directions for Enterprise Digitilization

Based on the overall concept of digitalization, its goal is to increase the speed of

decision-making in production, increase the variability of production processes, and reduce the

number of employees involved.

The goals are achieved through digital transformation, productivity improvement,

collaboration, cooperation, cooperation, quality control, support, and forecasting of production

Statistical Office of the Republic of Uzbekistan.


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results. This creates the opportunity to dramatically increase profits, competitiveness, and the

overall market value of the enterprise.

Directions for digitilization of production

Digital transformation is currently underway in virtually all industries, including mining,

engineering, aviation, aerospace, energy, food, and others.

Part of this process is, of course, done with the Internet of Things or the Industrial

Internet of Things (IIoT).

The Industrial Internet of Things is a multi-tiered system that includes:

1. devices installed on individual assemblies and devices of the plant;

2. devices for data collection, transmission, and visualization;

3. computerization of employees' workplaces;

4. unification of workplaces and the entire fleet of equipment into a single information

network;

5. tools for analyzing and automatic interpretation of received data (data are

often transmitted by human operators, which reduces the probability of emergencies and

accidents due to human factors).

Of course, digitilization in mining and other manufacturing industries can bring great

opportunities for development and revenue growth, but also serious risks, as the failure of a

single system can cost much more than normal failures and undesirable events. Therefore, high

demands are placed on software and technical solutions to create a modern digital enterprise.

However, there are several main directions in the process of digitilization of industrial

enterprises:

1. accelerating the market launch of new products;

2. improving safety and reliability of production;

3. increasing the flexibility of production;

4. improving the quality of products;

5. improvement of overall production efficiency.

Complete digital transformation of an enterprise involves working on all of the above.

Digitilization of industrial enterprises.

Before digitilization, business owners should conduct extensive research that will allow

them to anticipate how modern concepts and technologies can affect their business. In order to

set digital transformation goals correctly and end up with a positive result, it is essential to have

clear information about the goals and capabilities, the overall objective, and the state of the

business.

To put together an industrial digitilization program, the following questions must


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first be answered:

1. What can digitilization bring to an enterprise?

2. What are its goals for the enterprise?

3. at what stage of digital transformation is the organization currently at, and what

technologies can be used?

4. What digitilization work can the company do itself and/or engage specialists? As the list

of issues expands, it becomes necessary to select appropriate tools, software, and technical

solutions. However, at the first stage, it is necessary to decide whether such a change will lead to

positive results for the company atpresent and whether this transition will be economically

justified. What does digitilization provide?

The benefits of digital transformation are evident in the examples.

One of the most successful projects to date is the Siemens project, in which not only

intelligent systems are developed, but also applied.

Amber Corporation has launched an electronics plant specializing in the production of

industrial controllers. The company produces about 12000000 controller products of more than

1000 items per year. More than 75% of all work performed is done by robots and automated

machines, and production is integrated with the design subsystem - the subsystems transmit all

necessary process information directly to production. The codes entered into the models provide

information about the technological orientation of the equipment and the requirements for each

operation performed. This technology makes it possible to achieve a product quality index of

99.999% at the plant.

More than 50 million production and technical records are created daily in

manufacturing, which can be used to track the entire lifecycle of manufactured products.

Corporate digital security is a complex concept that encompasses all areas of a company's

lifecycle. It includes at least three areas:

1. Defense against external attacks. Hacker attacks continue to be a serious problem,

especially for large enterprises. Hundreds of companies face unauthorized access attempts to

their corporate perimeter and technology management systems. Given global digitilization, the

enterprise must be fully protected against unauthorized access attempts.

2- Employee Safety. The company's employees must be well protected from any injuries.

This is facilitated by competent optimization of production, and careful control over

workers' health and production processes.

3. production safety. The products manufactured at the plant and the entire production

process need special protection.


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Many Western and Asian countries are the most active in the field of digitalization, while

Russia is engaged in the development and dissemination of technologies. Already now many

industrial companies are optimizing their business models and production with the help of digital

transformation.

Examples include such companies as PJSC KAMAZ, Kalashnikov Concern, RusAl, and

Petrozavodskmash.

At the same time, the digitalization of production in Russia is gaining momentum. For

example, a special Digital Transformation Center was established at KAMAZ PJSC, which has

enabled the implementation of several successful projects at once:

1. Organization of the planning department of the logistics center;

2. Implementation of automatic scheduling in the ERP system;

3. Development of a monitoring and operational production management system in

cooperation with Siemens;

4. Transforming the sales business model into a customer engagement system based on the

SAP Hybris Cloud platform for the client;

5. The introduction of robots, the number of which exceeded 900 in 2020.

One year after KAMAZ PJSC (Public Joint stock Company) began its digital

transformation, it increased sales by 21%.

Other Russian enterprises, such as Russian Helicopters or UAC (United Aircraft

Corporation), have also switched to digitalization. The enterprises produce high-tech products

that can compete with the products of other well-known world manufacturers in terms of their

characteristics. And at the same price, it is possible to achieve the same quality only with the

help of digital transformation.

Digitalization is becoming more and more prevalent in such a highly regulated and

restricted field as industrial safety, as employee health and safety issues are a priority and

relevant for any company. News is not meant to eliminate the consequences of events that have

occurred, but to prevent them, and to be proactive. This happens through the introduction of new

production methods and digital solutions that contribute to improving production efficiency;

reducing occupational injuries and the exclusion of workers due to health conditions, and

improving loss rates and production safety.

For example, digital technologies can detect previously undetectable industry phenomena

- this comes in handy when employees work in unsafe or enclosed spaces, or when there is a lack

of personal protective equipment. In addition, "digital" information about personnel activity at

certain stages of production, as well as automatically obtained duration of work performed in


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real-time, allows building a digital model of all working days of employees and analyzing

processes at the enterprise based on this information.

When it comes to improving plant safety, the company behind Center Vision's video

analytics system develops proven systems that can recognize objects with up to 98% accuracy, as

well as monitor the entire production process in detail and report on safety violations.

The opportunities and benefits of digitalization are rarely, if ever, debatable.

According to statistics, the share of the digital economy in Russia is 5%, while in

Western countries it is 16-35%; the number of enterprises in innovative industries is 11%, while

in some Western countries, it is up to 60%; the number of people employed in high-tech and

cognitive industries is 4%, while in Western countries it is 6%.

Localization of Uzbekistan's production.

Uzbekistan envisages deepening of localization of industrial production, development of

intra and inter-sectoral cooperation, including with the involvement of economic entities, on the

basis of which the volume of production and export of domestic products is increasing, as well as

the creation of new jobs.

Figure 3 - Localization of Uzbekistan's production

3

In the following figure you can see the volume of produced localized products. In the

figure you can see that the localization of production of industrial products compared to 2017

increased by 3 times. Under Pandemic production decreased to 15335.3 billion soums. But the

share of export of localized products in 2017 was 5.2 percent and decreased to 2021 by 4 times

3

Source: compiled by the author on the basis of statistical data from www.stat.uz - official website of the State

Statistical Office of the Republic of Uzbekistan.


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and amounted to 1.4 percent in the total volume of produced localized products. In the future, the

increase in the share of expert localized products of the industrial sphere should be ensured.

The index of profitability of fixed assets is one of the main indicators of economic

security and it reflects the level of profitability of enterprises, as well as the economic efficiency

of their activities in industry.

If we analyze the structure of manufacturing industry in the last two years has the

following picture:

Figure 4 - "Structure of Manufacturing Industry in Uzbekistan".

4

Over the last two years, the share of high-tech industries in the structure of the

manufacturing industry amounted to 2.7% in 2021 and 2.1% in 2022. In the structure of

manufacturing, medium-low-tech industries will account for 39.7% in 2021 and 36.4% in 2022,

and low-tech industries will account for 38.3% in 2021 and 37.2% in 2022. The low share of

high-tech industries is a threat to the development of the industrial sector in the long term. It

requires renewal of production with more modern production technologies.

Low share of high-tech production is a threat to the development of the industrial sector

in the long term. This requires the renewal of production with the most modern technologies.

4

Source: compiled by the author on the basis of statistical data from www.stat.uz - official website of the State

Statistical Office of the Republic of Uzbekistan.


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Figure 5 -The volume of production of small business and private entrepreneurship

in the industrial sphere of Uzbekistan.

5

The growth of production of small business and private entrepreneurship in industry, for

the last 5 years have a low rate than in other areas (agriculture, trade and services). On this basis,

the most important priority is to create favorable conditions and support the development of

small business and private entrepreneurship in industry.

Ensuring the economic security of the industrial sector in the digital economy.

Territorial-economic potential can be restored with minimum expenditure of resources

and time only if there is a high degree of economic security of the region. At the same time to

increase the reproduction of economic entities to the region, that is, to improve the quality of life

of the population.

During the development of regional economic policy, local governments should take

measures to support the basic sectors of the economy that have an impact on the security of the

region.

On April 28, 2020, the Decree of the President of Uzbekistan "On measures for wide

implementation of digital economy and e-government No. PPP-4699" was adopted. This

document outlines a range of topical issues related to the wide introduction of digital

technologies in the work of domestic enterprises and public services and many others.

To this end, on October 5, 2020, the President of the Republic of Uzbekistan signed a

decree "On approval of the Strategy "Digital Uzbekistan - 2030" and measures for its effective

implementation". Digital transformation of state and economic management, ensuring their

openness and transparency with the help of modern information technologies is one of its main

directions.

Ways to ensure economic security of the industrial sphere:

- Expansion and deepening of intra-industry and inter-industry cooperation ties;

- Establishment of joint exports of manufactured products to third countries;

- Creation of conditions for attraction of private and foreign investments, as well as

modern technologies ensuring production of high-quality and competitive products;

- Training of professional staff for local industry enterprises taking into account modern

trends, wide use of training programs;

- Supporting the development of small business and private entrepreneurship in the

industrial sector;

5

Source: compiled by the author on the basis of statistical data from www.stat.uz - official website of the State

Statistical Office of the Republic of Uzbekistan.


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- Introduction of a system for assessing performance indicators (KPI) of activity;

- Creation of competitive conditions for expanding the content of domestic products

within the framework of investment projects realization;

- Technological support of processes, installation and commissioning of equipment by

foreign specialists;

- Realization of ready for transfer scientific developments and technologies, through the

Electronic Cooperative Portal, for the purpose of their commercialization.

Conclusion

Experts have identified four reasons for lagging behind the leading countries in

digitalization:

1.

Economic instability increases sanctions.

2.

Lack of clear standards.

To effectively develop the high-tech market, it is necessary to have IoT standards in

domestic legislation. The fact that some processes are not structured at all at the state level is a

serious obstacle to the adoption of digital technologies.

3. Lack of qualified specialists.

External specialists are attracted due to the fact that the country's education system lags

behind the development of the digital technology market and fails to provide interested

companies with quality personnel.

4. Businesses seeking quick profits. Many domestic companies are only interested in the

most liquid projects that will bring big profits in the short term. In Western countries,

corporations are happy to invest billions of dollars in projects that can pay off within 30 years,

while local companies try to invest in technologies that will pay off within two years. For this

reason, digitalization is considered relatively less attractive to local businesses.

Unfortunately, many enterprises are still unable to fully realize the full potential of

digitalization and the possibilities of transitioning to new technologies.

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6.

Hacker, J.S., Huber, G.A., Nichols, A., Rehm, P., Schlesinger, M., Valletta, R. and Craig,

S. 2014. Economic security index: a new measure for research and policy analysis, Review

of Income and Wealth, 60(S1): 5–32.

7.

Shutyak, Y., Danylenko, O. and Van Caillie, D. 2014. Conceptualization of economic

security of the enterprise: a literature review, in 3rd REDETE Conference “Econ.

Development and Entrepreneurship in Transition Economies”, 10th April 2014, Banja

Luka, Bosnia and Herzegovina, pp. 145–152.

8.

Kolodynskyi, S. B., Zakharchenko, O. V., & Kramskyi, S. O. (2022). Directions of

Increasing the Level of Economic Security of Enterprises under the Influence of

Digitalization. Economics: time realities, (6).

9.

Kolomiiets, H. M., Hlushach, Yu. S., The Digital Economy: The Controversy of Content

and Impact on Economic Development, Biznes Inform, No. 7, 2017, pp. 137-143.

10.

Hojeghan, S.B., Esfangareh, A.N., Digital economy and tourism impacts, influences and

challenges, Procedia – Social and Behavioral Sciences, Vol. 19, 2011, pp. 308-316, URL:

https://doi.org/10.1016/j.sbspro.2011.05.136

11.

Ashurov, D. Z., Makhmudova, G., & Razakova, B. (2022). Development of digital

12.

ecosystem and formation of digital platforms in Uzbekistan.

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Hacker, J.S., Huber, G.A., Nichols, A., Rehm, P., Schlesinger, M., Valletta, R. and Craig, S. 2014. Economic security index: a new measure for research and policy analysis, Review of Income and Wealth, 60(S1): 5–32.

Shutyak, Y., Danylenko, O. and Van Caillie, D. 2014. Conceptualization of economic security of the enterprise: a literature review, in 3rd REDETE Conference “Econ. Development and Entrepreneurship in Transition Economies”, 10th April 2014, Banja Luka, Bosnia and Herzegovina, pp. 145–152.

Kolodynskyi, S. B., Zakharchenko, O. V., & Kramskyi, S. O. (2022). Directions of Increasing the Level of Economic Security of Enterprises under the Influence of Digitalization. Economics: time realities, (6).

Kolomiiets, H. M., Hlushach, Yu. S., The Digital Economy: The Controversy of Content and Impact on Economic Development, Biznes Inform, No. 7, 2017, pp. 137-143.

Hojeghan, S.B., Esfangareh, A.N., Digital economy and tourism impacts, influences and challenges, Procedia – Social and Behavioral Sciences, Vol. 19, 2011, pp. 308-316, URL: https://doi.org/10.1016/j.sbspro.2011.05.136

Ashurov, D. Z., Makhmudova, G., & Razakova, B. (2022). Development of digital

ecosystem and formation of digital platforms in Uzbekistan.