Digitalization of economies of low and middle income countries in the context of digital transformation

The article aims to quantify the relationship of the introduction of digital technologies on innovation, structural transformation of low- and middle-income economies through the correlation analysis of indicators of technological development (productivity of sectors) and structural transformation of Uzbekistan and Ukraine ( share of value-added and employment of sectors of the economy) for 1991-2019 to assess the relationship between technology and structural shifts through the channels of value-added and employment. It is revealed that Ukraine and Uzbekistan have undergone structural transformations of the economy in favor of the service sector, while the agricultural and industrial sectors produce less and less. If Uzbekistan remains the industrial-agrarian country with an aggregate share of the added value of these sectors 59% in 2019, Ukraine transits to the post-industrial type of economy where the added value of the service sector in GDP grows (55% compared to agrarian and industrial sectors at 42%)

Human capital development in a creative economy

The industrial economy is gradually disappearing. It is replaced by a creative economy, the basis of which is creative human capital. The study aims to define creative human capital’s value in an economy based on intellectual activity. Methods. The research used general scientific methods: the method of comparison, statistical analysis, assessment of dynamic structural shifts, as well as index and analytical methods. The economic research methods were also used in this work; the regression analysis was carried out by the economic-statistical method. Economic and mathematical modeling defined the influence of creative economy indicators on the GDP level per capita. Results. As a research result, the meaning of the category “human capital development in the creative economy” is established, and its basic elements are defined. It was determined what role creative economy human capital plays. Creative sector value in countries’ development was also described in the study. The analysis of the number and structure of the innovative sphere enterprises has allowed defining the features of the new economy structure type in the European countries. The study established the relative share of the population working in the creative industry. Characteristics of human capital development in European countries are presented in illustrations. Interaction between human capital and the creative economy has been defined by carrying out the regression analysis. According to the study results, the main components of the evolution and protection of human capital in a fast-growing branch of the world economy – the creative economy – have been established

Цифровізація бізнес-процесів і вплив на взаємодію суб'єктів господарювання

ENG: Modern paces of society’s information and communication development cause a rapid increase in business requirements in all industries and spheres of business. They induce to technological changes in the construction of business processes, taking into account the main general trends of society’s digitalization. The development of information technologies changes the activity models of business organizations, the procedure of adaptation to new conditions and business requirements, which provide for a greater degree of automation and digitalization of business processes and production stages. At this stage of industrial development, a simplification and termination of certain business processes based on using digital technologies and expanding the set of digital tools takes place. The purpose of the academic paper is to study the features and main trends of digitalization in the business environment, as well as to evaluate the effectiveness of various types and forms of electronic interaction of business entities while implementing business processes. In the course of the research, system-structural, comparative, logical-linguistic methods, analysis, synthesis, induction, deduction, abstraction, and idealization were applied to study and process materials in the field of communicative relations in implementing business processes. A questionnaire survey was also used to clarify certain practical aspects of this sphere