Economic relations modification during the digital transformation of business (Conference Paper)

Research output

Abstract

This paper is devoted to economic relations transformation under the influence of digital transformation, the recent socio-economic trends and the overall crisis of the free market system. Recently researchers have shown an increased interest in changes of commodity-money relations, expansion of pseudo-market relations, de-commercialization and, vice versa, hyper-commercialization, that spreads out to cover new markets globally. By authors opinion economic relations are in the process of transformation that ultimately will lead to sufficient decrease of for-profit organizations and period of non–profit organizations flourishing. Digital transformation even now creates major challenges for current commodity-money relations. Excessive abundance of available information distort the market functioning and create obstacles for the productive forces development. Pseudo-market relations have become increasingly common especially in the spheres of culture, art and sport. Under these circumstances during the forthcoming long period of digital transformation the increasing importance has to be given to the moral aspects of economic relations, and these problems could not be any more ignored by governments.
Original languageEnglish
Pages415-421
Number of pages7
Publication statusPublished - 2019

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Economic relations
Commodity money
Commercialization
Art
Functioning
Socio-economics
Nonprofit organization
Free market
Long period
Economic trends
Government
New markets

Scopus subject areas

  • Business, Management and Accounting(all)

Cite this

@conference{382b2ee331af403386b8ef288f809322,
title = "Economic relations modification during the digital transformation of business (Conference Paper)",
abstract = "This paper is devoted to economic relations transformation under the influence of digital transformation, the recent socio-economic trends and the overall crisis of the free market system. Recently researchers have shown an increased interest in changes of commodity-money relations, expansion of pseudo-market relations, de-commercialization and, vice versa, hyper-commercialization, that spreads out to cover new markets globally. By authors opinion economic relations are in the process of transformation that ultimately will lead to sufficient decrease of for-profit organizations and period of non–profit organizations flourishing. Digital transformation even now creates major challenges for current commodity-money relations. Excessive abundance of available information distort the market functioning and create obstacles for the productive forces development. Pseudo-market relations have become increasingly common especially in the spheres of culture, art and sport. Under these circumstances during the forthcoming long period of digital transformation the increasing importance has to be given to the moral aspects of economic relations, and these problems could not be any more ignored by governments.",
keywords = "Commodity-money relationsDe-commercializationDigital transformationSociocultural factors",
author = "S. Smirnov and Чеберко, {Евгений Федорович} and Аренков, {Игорь Анатольевич} and Iana Salikhova",
note = "Smirnov, S., Cheberko, E., Arenkov, I., & Salikhova, I. (2019). Economic relations modification during the digital transformation of business. In {\'A}. Rocha, H. Adeli, L. P. Reis, & S. Costanzo (Eds.), New Knowledge in Information Systems and Technologies - Volume 3 (pp. 415-421). (Advances in Intelligent Systems and Computing; Vol. 932). Springer. https://doi.org/10.1007/978-3-030-16187-3_40",
year = "2019",
language = "English",
pages = "415--421",

}

TY - CONF

T1 - Economic relations modification during the digital transformation of business (Conference Paper)

AU - Smirnov, S.

AU - Чеберко, Евгений Федорович

AU - Аренков, Игорь Анатольевич

AU - Salikhova, Iana

N1 - Smirnov, S., Cheberko, E., Arenkov, I., & Salikhova, I. (2019). Economic relations modification during the digital transformation of business. In Á. Rocha, H. Adeli, L. P. Reis, & S. Costanzo (Eds.), New Knowledge in Information Systems and Technologies - Volume 3 (pp. 415-421). (Advances in Intelligent Systems and Computing; Vol. 932). Springer. https://doi.org/10.1007/978-3-030-16187-3_40

PY - 2019

Y1 - 2019

N2 - This paper is devoted to economic relations transformation under the influence of digital transformation, the recent socio-economic trends and the overall crisis of the free market system. Recently researchers have shown an increased interest in changes of commodity-money relations, expansion of pseudo-market relations, de-commercialization and, vice versa, hyper-commercialization, that spreads out to cover new markets globally. By authors opinion economic relations are in the process of transformation that ultimately will lead to sufficient decrease of for-profit organizations and period of non–profit organizations flourishing. Digital transformation even now creates major challenges for current commodity-money relations. Excessive abundance of available information distort the market functioning and create obstacles for the productive forces development. Pseudo-market relations have become increasingly common especially in the spheres of culture, art and sport. Under these circumstances during the forthcoming long period of digital transformation the increasing importance has to be given to the moral aspects of economic relations, and these problems could not be any more ignored by governments.

AB - This paper is devoted to economic relations transformation under the influence of digital transformation, the recent socio-economic trends and the overall crisis of the free market system. Recently researchers have shown an increased interest in changes of commodity-money relations, expansion of pseudo-market relations, de-commercialization and, vice versa, hyper-commercialization, that spreads out to cover new markets globally. By authors opinion economic relations are in the process of transformation that ultimately will lead to sufficient decrease of for-profit organizations and period of non–profit organizations flourishing. Digital transformation even now creates major challenges for current commodity-money relations. Excessive abundance of available information distort the market functioning and create obstacles for the productive forces development. Pseudo-market relations have become increasingly common especially in the spheres of culture, art and sport. Under these circumstances during the forthcoming long period of digital transformation the increasing importance has to be given to the moral aspects of economic relations, and these problems could not be any more ignored by governments.

KW - Commodity-money relationsDe-commercializationDigital transformationSociocultural factors

M3 - Abstract

SP - 415

EP - 421

ER -