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Regional Economics: Theory and Practice
 

Digitalization of the economy as a factor of the region's sustainable competitive advantages in the face of global challenges

Vol. 18, Iss. 8, AUGUST 2020

Received: 25 May 2020

Received in revised form: 16 June 2020

Accepted: 10 July 2020

Available online: 14 August 2020

Subject Heading: SUSTAINABLE DEVELOPMENT OF REGIONS

JEL Classification: О14, O25, R58

Pages: 1478–1495

https://doi.org/10.24891/re.18.8.1478

Pechatkin V.V. Institute of Social and Economic Researches, Subdivision of Ufa Federal Research Centre of RAS (ISER UFRC RAS), Ufa, Republic of Bashkortostan, Russian Federation
Pechatkin08@rambler.ru

https://orcid.org/0000-0001-9191-8420

Subject. This article discusses the issues related to the implementation of the National project Digital Economy of the Russian Federation in the regions of Russia.
Objectives. The article aims to develop and test a methodological approach to assessing the impact of the economy digitalization on the level of competition capacity of the areas, and justify practical recommendations on its use in the system of regional management.
Methods. For the study, I used a correlation analysis, dialectical and systems approaches, and the table procedure of information interpretation.
Results. The article proposes a developed and tested methodological approach to assessing the impact of the economy digitalization on the level of sustainability of the competitive advantages of regions. The classification of regions by level of competitiveness, informatization and digitalization is presented. The article also offers a set of activities aimed at developing the digital economy taking into account new challenges for each type of regions.
Conclusions. The article concludes that there is a directly proportional relationship between the level of digitalization of the region and its stable ability to compete. To improve the system of regional management in the aspect of the digital economy development, the proposed set of measures is needed, which can help raise the country's competitive capacity in the medium term.

Keywords: digitalization, informatization, competitive stability, digital economy

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