TRANSFORMATION OF ECONOMIC SYSTEMS UNDER THE INFLUENCE OF DIGITAL INNOVATIONS: THEORETICAL AND APPLIED ASPECTS
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Author(s): | Elovskaya M. A., Plotnikov V. A., |
| Number of journal: | 2(75) | Date: | June 2026 |
| Annotation: | This article provides a theoretical and empirical analysis of the transformation of the Russian economic system under the influence of digital innovations in the context of the fourth industrial revolution. The relevance of the study lies in the need to quantitatively assess the nonlinear effects of digitalization, in particular, the existence of a threshold level of digital maturity, after which the returns on technology implementation increase multiplicatively. The aim of the study is to provide a theoretical and methodological substantiation and empirical verification of a model of the impact of digital innovations on labor productivity. The study was conducted using data from 85 constituent entities of the Russian Federation for the period 2014-2024. The methodological framework incorporates the concepts of technological paradigms, innovation diffusion, and econometric methods of panel data analysis, including fixed-effects models and Hansen threshold regression. The scientific novelty of the results obtained lies in the identification and verification of the threshold value of the integrated index of regional digital maturity, equal to 0.48 (assessed on a scale from 0 to 1). Upon crossing this threshold, the impact of digital innovation on labor productivity increases by 2.5-3.5 times. Econometric modeling results show that the greatest potential for efficiency gains comes from the implementation of artificial intelligence technologies: the elasticity coefficient is 0.21 for the entire sample and reaches 0.31 for regions with a high level of digital maturity. The theoretical significance of this study lies in developing a theory of the digital transformation of economic systems by introducing and substantiating the concept of the digital maturity threshold as a quantitative characteristic distinguishing between the linear and multiplicative impacts of innovation. The practical significance of this study lies in the potential use of the findings to adjust regional digital development strategies. For regions with the index below 0.48, priority should be given to measures to create basic digital infrastructure and develop digital competencies among the population, while for regions that have crossed this threshold, a shift in emphasis to the implementation of artificial intelligence and big data processing technologies in key industries is advisable. | ||
| Keywords: | digital innovations, digital transformation, artificial intelligence, economic growth, labor productivity, panel data, threshold effects, regional economy, cross-cutting technologies, econometric modeling, digital maturity |
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| For citation: | Elovskaya M. A., Plotnikov V. A. Transformation of economic systems under the influence of digital innovations: theoretical and applied aspects. Biznes. Obrazovanie. Pravo = Business. Education. Law. 2026;2(75): 22—27. DOI: 10.25683/ VOLBI.2026.75.1653. |
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