The role of digitalization in the development of regions and the use of their potential in terms of sustainable development

Keywords: sustainable development, digitalization, regional economic systems, potential, information and communication technologies.

Abstract

The study substantiates the determining role of digitalization and its tools in the development of regions and the use of their potential in terms of sustainable development. The methodological basis of the study was a systemic and process approach, as well as a dialectical method of scientific knowledge. Clarification of the main features of the potential of the regions and its properties made it possible to highlight the importance of digitalization for the economic development of regions and the achievement of sustainable development goals. The directions of increasing the efficiency of the information and communication environment of the regions are substantiated. The role of digitalization development in increasing the involvement of potential opportunities of regions in their development to ensure the achievement of sustainable development goals and ways to stimulate the activation of the potential of regions through digitalization. It is proved that digitalization contributes to the activation and transformation of the potential of regions, its transformation into capital and the formation of new potential that raises social, economic, environmental living standards of all segments of the population, increasing the competitiveness of regions.

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Author Biographies

Nataliia Kondratenko, O.M. Beketov National University of Urban Economy in Kharkiv, Ukraine.

Dr. of Economics, Professor, Professor of the Department of Management and Public Administration, O.M. Beketov National University of Urban Economy in Kharkiv, Ukraine.

Vasyl Papp, Mukachevo State Unіversity, Ukraine.

Dr. of Economics, Professor, Professor of the Department of Management, Management of Economic Processes and Tourism, Mukachevo State Unіversity, Ukraine.

Mykhailo Romaniuk, Vasyl Stefanyk Precarpathian National University, Ukraine.

Dr. of Economics, Professor, Head of the Department of Management and Marketing, Vasyl Stefanyk Precarpathian National University, 57 Shevchenko Str., Ivano-Frankivsk, Ukraine.

Olha Ivanova, Research Center for Industrial Problems of Development, Ukraine.

Dr. of Economics, Associate Professor, Head of the Departmen of Macroeconomic Policy and Regional Developmentt, Research Center for Industrial Problems of Development, Ukraine.

Liudmyla Petrashko, Kyiv National Economic University named after Vadym Hetman, Ukraine.

Dr. of Economics, Professor of the Department of International Management, Kyiv National Economic University named after Vadym Hetman, Ukraine.

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Published
2022-04-20
How to Cite
Kondratenko, N., Papp, V., Romaniuk, M., Ivanova, O., & Petrashko, L. (2022). The role of digitalization in the development of regions and the use of their potential in terms of sustainable development. Amazonia Investiga, 11(51), 103-112. https://doi.org/10.34069/AI/2022.51.03.10
Section
Articles
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