Digital transformation in developing economies under the COVID-19 pandemic

Journal title RIVISTA DI STUDI SULLA SOSTENIBILITA'
Author/s Yuriy Safonov, Viktoriia Borshch, Iryna Shulzhenko, Iryna Zahrebelna, Ievgeniia Bolshakova
Publishing Year 2022 Issue 2022/1 Language English
Pages 19 P. 89-107 File size 145 KB
DOI 10.3280/RISS2022-001006
DOI is like a bar code for intellectual property: to have more infomation click here

Below, you can see the article first page .

If you want to buy this article in PDF format, you can do it, following the instructions to buy download credits

Anteprima articolo

FrancoAngeli is member of Publishers International Linking Association, Inc (PILA), a not-for-profit association which run the CrossRef service enabling links to and from online scholarly content.

The quantitative and qualitative methods in this study are used to analyse coun-tries’ economic transformation under the COVID-19 pandemic. The findings sug-gest that digital transformation is quickly becoming a priority for many sectors in Ukraine. Digital transformation takes place in the public and private sectors. The state has launched the digital portal Diia providing the population with digital ac-cess to public services. Moreover, businesses undertook defensive performance transformations that boost their chances of success. The main challenges of digi-talisation are legal complexity, inadequate funding, the lack of digital literacy and skills among the active population. The development of an effective regulatory framework to facilitate and encourage the IT sector would help overcome these challenges.

Keywords: information technology, digitalisation, digital transformation, innovation, information services.

  1. Afonasova M.A., Panfilova E.E., Galichkina M.A., Ślusarczyk B. (2019). Digitalization in economy and innovation: The effect on social and economic processes. Polish Journal of Management Studies, 19(2): 22-32.
  2. Arsakaev I., Khatsieva L. (2021). The role of digitalization in the development of socio-economic systems. In: SHS Web of Conferences, 106: 01008. Les Ulis: EDP Sciences.
  3. Businessviews (2021). Information Technology Industry in Ukraine. -- Available at http://publications.chamber.ua/2018/IT/the-infographics-report-it-industry-of-ukraine-2017.pdf (accessed 12 November 2021).
  4. Datta P., Nwankpa J.K. (2021). Digital transformation and the COVID-19 crisis continuity planning. Journal of Information Technology Teaching Cases, 11(2): 81-89.
  5. Economic Commission for Latin America and the Caribbean (2021). Digital technologies for a new future. -- Available at https://www.cepal.org/ sites/default/files/publication/files/46817/S2000960_en.pdf (accessed 12 November 2021).
  6. European Business Association (2021). Over-regulation, insufficient funding, and lack of digital literacy are main barriers to digital transformation in Ukraine. -- Available at https://eba.com.ua/en/zaregulovanist-brak-koshtiv-ta-nyzka-tsyfrova-gramotnist-strymuyut-tsyfrovu-transformatsiyu-v-ukrayini-doslidzhennya-eva/ (accessed 12 November 2021).
  7. Gorenšek T., Kohont A. (2018). Conceptualization of digitalization: opportunities and challenges for organizations in the euro-mediterranean area. International Journal of Euro-Mediterranean Studies, 11(2): 93-115.
  8. Höhl W. (2021). COVID-19 and Digital Transformation--Developing an Open Experimental Testbed for Sustainable and Innovative Environments (ETSIE) using Fuzzy Cognitive Maps. arXiv preprint arXiv:2101.07509. -- https://arxiv.org/pdf/2101.07509.pdf.
  9. KPMG International (2021). Global survey into the impact of COVID-19 on digital transformation. -- Available at https://assets.kpmg/content/dam/kpmg/ au/pdf/2021/going-digital-faster.pdf (accessed 12 November 2021).
  10. Kravchenko O., Leshchenko M., Marushchak D., Vdovychenko Y., Boguslavska S. (2019). The digitalization as a global trend and growth factor of the modern economy. In: SHS Web of Conferences, 65: 07004. Les Ulis: EDP Sciences.
  11. Kuldosheva G. (2021). Challenges and opportunities of digital transformation in the public sector in transition economies: examination of the case of Uzbekistan. Asian Development Bank Institute. Working Paper 1248. -- Available at http://hdl.handle.net/11540/13587 (accessed 12 November 2021).
  12. Liu R., Gailhofer P., Gensch C. O., Köhler A., Wolff F. (2019). Impacts of the digital transformation on the environment and sustainability. -- Available at https://www.researchgate.net/profile/Franziska-Wolff-2/publication/342039732_Impacts_of_the_digital_transformation_on_the_environment_and_sustainability/links/602819c7299bf1cc26c4154a/Impacts-of-the-digital-transformation-on-the-environment-and-sustainability.pdf (accessed 12 November 2021).
  13. Ministry of Digital Transformation of Ukraine (2021). Action. Digital education. -- https://osvita.diia.gov.ua/en
  14. Nachit H., Belhcen L. (2020). Digital Transformation in Times of COVID-19 Pandemic: The Case of Morocco. -- Available at https://papers.ssrn.com/ sol3/papers.cfm?abstract_id=3645084 (accessed 12 November 2021).
  15. Negroponte N. (1995). Being Digital. New York: Knopf.
  16. OECD (2021). Digital Transformation in the Age of COVID-19. -- Available at https://www.oecd.org/digital/digital-economy-outlook-covid.pdf (accessed 12 November 2021).
  17. Okhrimenko I., Sovik I., Pyankova S., Lukyanova A. (2019). Digital transformation of the socio-economic system: prospects for digitalization in society. Revista Espacios, 40(38): 26.
  18. Olokundun M., Ibidunni S., Ogbari M., Falola H., Salau O. (2021). COVID-19 Pandemic and Antecedents for Digital Transformation in the Workplace: A Conceptual Framework. Open Access Macedonian Journal of Medical Sciences, 9(F): 41-46.
  19. PwC (2017). Global Innovation 1000. Will Stronger Borders Weaken Innovation? -- Available at https://www.pwc.com/gx/en/news-room/docs/global-innovation-1000-factpack.pdf (accessed 12 November 2021).
  20. PwC (2019). Global Top 100 companies by market capitalization. -- Available at https://www.pwc.com/gx/en/audit-services/publications/assets/global-top-100-companies-2019.pdf (accessed 12 November 2021).
  21. Salazar-Xirinachs J.M. (2021). Digital Transformation: Economic and Employment Reactivation in Latin America and Caribbean Post COVID-19. -- Available at http://riacevents.org/gtecs/wp-content/uploads/2021/02/ENG-TD-y-su-papel-en-promover-la-reactivacioìn-con-transformacioìn-en-AL.pdf (accessed 12 November 2021).
  22. Salimyanova I.G., Novikov A.A., Novikova E.V., Lushchik I.V., Savderova A.F., Berezina N.V., Rudenko L., Allalyev R.M. (2019). Economy digitalization: Information impact on market entities. Journal of Environmental Treatment Techniques, 7(4): 654-658.
  23. Sausen H. (2020). What is Digitalisation? Opportunities and Challenges in East-Africa. -- Available at http://library.fes.de/pdf-files/bueros/ruanda/16158.pdf (accessed 12 November 2021).
  24. Schilirò D. (2021). Digital transformation, COVID-19, and the future of work. International Journal of Business Management and Economic Research, 12(3): 1945-1952.
  25. The State Statistics Service of Ukraine (2018). Scientific and Innovative Activities in Ukraine. -- Available at http://www.ukrstat.gov.ua/druk/publicat/kat_u/2018/zb/09/zb_nauka_2017.pdf (accessed 12 November 2021).
  26. UNCTAD (2019). The report on Digital Economy 2019. -- Available at https://unctad.org/en/PublicationsLibrary/der2019_overview_ru.pdf (accessed 12 November 2021).
  27. UNIDO (2020). COVID-19 Implications and Responses: Digital Transformation and Industrial Recovery. -- Available at https://www.unido.org/sites/default/files/files/2020-07/UNIDO_COVID_Digital_Transformation_0.pdf (accessed 12 November 2021).
  28. Voronina T.V., Yevchenko N.N., Yatsenko A.B., Madiyarova D.M. (2018). Peculiarities of the process of digitalization of economies in the Eurasian Economic Union states. European Research Studies, 21: 1021-1033.
  29. Yahoo (2020). Apple, Alphabet, Microsoft, Facebook and Amazon are part of Zacks Earnings Preview. -- Available at https://finance.yahoo.com/news/apple-alphabet-microsoft-facebook-amazon-140002035.html (accessed 12 November 2021).
  30. Yurchyshyn V. (2020). Factors for Short-Term Forecast of the Ukraine’s Economy. -- Available at https://razumkov.org.ua/en/articles/factors-for-short-term-forecast-of-the-ukraines-economy (accessed 12 November 2021).

Yuriy Safonov, Viktoriia Borshch, Iryna Shulzhenko, Iryna Zahrebelna, Ievgeniia Bolshakova, Digital transformation in developing economies under the COVID-19 pandemic in "RIVISTA DI STUDI SULLA SOSTENIBILITA'" 1/2022, pp 89-107, DOI: 10.3280/RISS2022-001006