+7 925 966 4690, 9am6pm (GMT+3), Monday – Friday
ИД «Финансы и кредит»






Finance and Credit

Economic security of the industrial complex in the context of digital transformation

Vol. 29, Iss. 2, FEBRUARY 2023

Received: 16 July 2019

Received in revised form: 16 September 2019

Accepted: 9 October 2019

Available online: 28 February 2023

Subject Heading: BUSINESS VALUE

JEL Classification: С10, С12, С65

Pages: 461–480


Ol'ga P. SMIRNOVA Institute of Economics, Ural Branch of Russian Academy of Sciences, Yekaterinburg, Russian Federation


Subject. This article examines the issues of achieving a stable level of economic security of the industrial complex under the conditions of dynamic transformation.
Objectives. The article aims to analyze the stages of the industrial complex digitalization, develop its three-tier model, and assess the impact of digital technology on the economic security of the industrial complex of Russia.
Methods. For the study, I used the methods of analysis and synthesis, deduction and induction, empirical, comparative, structural, economics and statistics analyses, the logical and systems approaches, abstraction, and comparison.
Results. Based on an analysis of the factors that have had a negative impact on the industrial complex of Russia, the article shows the consequences of the crisis in the Russian industry and describes the current trends in the development of the industrial sector of Russia, taking into account globalization, socialization and the real economy diversification through digital technology.
Conclusions. The article concludes that it is necessary to take into account quantitative benchmarks, that help assess the industrial complex' state from the security strategy point of view. The advent of digital industrial technology will contribute to industrial growth and labor force change, which will affect the competitiveness of the actors and add an extra layer of economic security of the industrial complex.

Keywords: industrial complex, Industry 4.0, economic security, industry digitalization


  1. Tatarskikh B.Ya. [Production capabilities improve work efficiency in domestic engineering]. Ekonomicheskie nauki = Economic Sciences, 2016, no. 4, pp. 55–59. URL: Link (In Russ.)
  2. Gribanov Yu.I., Repin N.V. [IT outsourcing perspectives in digital economy conditions]. Rossiiskii ekonomicheskii internet-zhurnal, 2018, no. 1. (In Russ.) URL: Link
  3. Dobrynin A.P., Chernykh K.Yu., Kupriyanovsky V.P. et al. [The Digital Economy – the various ways to the effective use of technology (BIM, PLM, CAD, IOT, Smart City, BIG DATA, and others)]. International Journal of Open Information Technologies, 2016, vol. 4, no. 1, pp. 4–11. URL: Link (In Russ.)
  4. Kolberg D., Zühlke D. Lean Automation Enabled by Industry 4.0 Technologies. IFAC-PapersOnLine, 2015, vol. 48, iss. 3, pp. 1870–1875. URL: Link
  5. Bughin J., Chui M. The Internet of Things: Assessing its Potential and Identifying the Enablers Needed to Capture the Opportunity. In: The Internet of Things in the Modern Business Environment. New-York, McKinsey Global Institute, 2017, pp. 111–125. URL: Link
  6. Piercy N., Rich N. The Implications of Lean Operations for Sales Strategy: From Sales-Force to Marketing-Force. Journal of Strategic Marketing, 2009, vol. 17, iss. 3-4, pp. 237–255. URL: Link
  7. Bell D. The Coming of Post-Industrial Society: A Venture in Social Forecasting. New-York, Basic Books Publ., 1973, 507 p.
  8. Toffler A. The Third Wave. New-York, William Morrow and Company, Inc., 1980, 600 p.
  9. Tapscott D. Grown Up Digital: How the Net Generation Is Changing Your World. New York, McGraw-Hill Education, 2008, 368 p.
  10. Qin J., Liu Y., Grosvenor R. A Categorical Framework of Manufacturing for Industry 4.0 and Beyond. Procedia CIRP, 2016, vol. 52, pp. 173–178. URL: Link
  11. Babkin A.V., Burkaltseva D.D., Kosten Yu.N., Vorobyov D.G. [Formation of digital economy in Russia: essence, features, technical normalization, development problems]. Nauchno-tekhnicheskie vedomosti SPbGPU. Ekonomicheskie nauki= St. Petersburg State Polytechnic University Journal. Economics, 2017, vol. 10, iss. 3, pp. 9–25. (In Russ.) URL: Link
  12. Aletdinova A.A., Ambartsumyan A.E., Babkin A.V. et al. Metodologiya razvitiya ekonomiki, promyshlennosti i sfery uslug v usloviyakh tsifrovizatsii: monografiya [Methodology for the development of the economy, industry and services in the context of digitalization: a monograph]. St. Petersburg, Peter the Great St. Petersburg Polytechnic University Publ., 2018, 756 p.
  13. Akberdina V.V. [The transformation of the Russian industrial complex under digitalization]. Izvestiya Ural'skogo gosudarstvennogo ekonomicheskogo universiteta = Journal of Ural State University of Economics, 2018, vol. 19, no. 3, pp. 82–99. (In Russ.) URL: Link
  14. Kupriyanovsky V.P., Sinyagov S.A., Lipatov S.I. et al. [Digital Economy – Smart Working]. International Journal of Open Information Technologies, 2016, vol. 4, no. 2, pp. 26–33. URL: Link (In Russ.)
  15. Fedorov O.V., Tatarskikh B.Ya., Yakusheva A.M. Prioritetnye otrasli novykh tekhnologicheskikh ukladov [Priority sectors of new technological structures]. Moscow, KnoRus Publ., 2016, 279 p.
  16. Akberdina V.V., Grebenkin A.V., Smirnova O.P. [Comprehensive assessment of industries economic security: regional aspect]. Ekonomika regiona = Economy of Region, 2017, vol. 13, iss. 4, pp. 1264–1279. (In Russ.) URL: Link

View all articles of issue


ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

Journal current issue

Vol. 30, Iss. 1
January 2024