THE ROLE OF INDUSTRIAL-DIGITAL DEVELOPMENT IN TRANSFORMING THE SYSTEM OF ECONOMIC RELATIONS

Abstract

The intensification of industrial-digital development, driven by the widespread use of digital technologies underpinning the current technological paradigm, facilitates significant transformations in production and economic relations. This necessitates the identification and elucidation of new forms of economic relations emerging within the processes of production, distribution, exchange, and consumption of goods and services, as well as the justification for measures required to support their further development.
Through the systematic development of foundational principles from innovation cycle theory and technological change theory, alongside the comprehensive application of methods including systemic and comparative analysis, formal logic, generalization, systematization, expert evaluations, and classification, the content and manifestation characteristics of new forms of economic relations have been revealed. These forms arise in the processes of production, distribution, exchange, and consumption as a result of technological, production, organizational, and managerial innovations.
The primary factors contributing to their emergence have been identified, and recommendations for their further development, based on mechanisms of state support, have been substantiated. It has been demonstrated that a distinctive feature of the modern system of economic relations is its innovative-transformational nature, shaped by the extensive use of contemporary digital technologies. The research has identified and characterized new organizational forms of enterprises, types of business models, changes in production process management, the nature of labour relations¹, and shifts in the employment structure, all occurring due to automation, robotics, and the digitalization of production processes.
Furthermore, new types of monopolies, primary objects of competition, and the forms and peculiarities of mergers and acquisitions within the digital economy have been identified and characterized. The main forms of corporate social responsibility have been described, and directions for stimulating industrial-digital development to support and cultivate these new forms of economic relations have been determined. The proposed measures aimed at supporting and developing new forms of economic relations are expected to contribute to the formulation of appropriate policies and enhance enterprise performance in the context of ongoing industrial-digital development.