TY - JOUR

T1 - Global innovation trends in trade development and their social and economic implications

T2 - Global innovation trends in trade development and their social and economic implications

AU - Malenkov, Yuri

AU - Shishkin, Victor V

AU - Shishkin , Victor I

AU - Evgrafov, Arkadiy

N1 - ISSN (печатное издание): 1757-8981

PY - 2019/4/3

Y1 - 2019/4/3

N2 - This paper observes global innovation trends (GIT) of trade development including digitalization of economy. Based on a number of approaches to GIT, their conglomerate nature is shown; the lack of consistency and analysis of social and economic consequences of GIT is revealed, including major staff reductions in trade and the related sectors. It is offered to study GIT on the basis of a two-level model of global trends and social and economic implications, as well as to estimate them according to 4 subsystems: 1) GIT development including digitalization of trade and structural changes in its business processes and management; 2) identification and assessment of the GIT social and economic implications in foreign and domestic trade environment; 3) formation of damping mechanisms to compensate the negative effects of GIT in trade and enhancing their positive effects; 4) identification and implementation of positive synergistic effects. A range of suggestions to prevent the growth of SMEs bankruptcies in Russian trade and to improve efficiency of the "Digital Economy of the Russian Federation" program is given in the article.

AB - This paper observes global innovation trends (GIT) of trade development including digitalization of economy. Based on a number of approaches to GIT, their conglomerate nature is shown; the lack of consistency and analysis of social and economic consequences of GIT is revealed, including major staff reductions in trade and the related sectors. It is offered to study GIT on the basis of a two-level model of global trends and social and economic implications, as well as to estimate them according to 4 subsystems: 1) GIT development including digitalization of trade and structural changes in its business processes and management; 2) identification and assessment of the GIT social and economic implications in foreign and domestic trade environment; 3) formation of damping mechanisms to compensate the negative effects of GIT in trade and enhancing their positive effects; 4) identification and implementation of positive synergistic effects. A range of suggestions to prevent the growth of SMEs bankruptcies in Russian trade and to improve efficiency of the "Digital Economy of the Russian Federation" program is given in the article.

KW - global innovation trends

KW - trade development

KW - digitalization

KW - social and economic implications

KW - changes

KW - systemic effects

KW - program

KW - digital technologies

KW - internal trade environment

KW - external trade environment

KW - category

KW - consequences

KW - Global trends

KW - innovation

KW - changes

KW - trade industry

KW - developmen

KW - social

KW - economic

KW - implications

KW - bankruptcies

KW - efficiency

KW - digitalization

KW - model

KW - synergistic effects

KW - scientific category

KW - employment

UR - https://iopscience.iop.org/issue/1757-899X/497/1

UR - http://www.mendeley.com/research/global-innovation-trends-trade-development-social-economic-implications

U2 - 10.1088/1757-899X/497/1/012127

DO - 10.1088/1757-899X/497/1/012127

M3 - Article

VL - 497

JO - IOP Conference Series: Materials Science and Engineering

JF - IOP Conference Series: Materials Science and Engineering

SN - 1757-8981

IS - 1

M1 - 012127

ER -