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Vol. 40, Nº 73 (2022), 713-725
IEPDP-Facultad de Ciencias Jurídicas y Políticas - LUZ
Recibido el 03/03/2022 Aceptado el 26/05/2022
State regulation of the development of
the digital economy infrastructure
DOI: https://doi.org/10.46398/cuestpol.4073.40
Serhii Matiukh **
Natalia Priamukhina **
Maryna Riabokin ***
Dmytro Kotelevets ****
Viktor Lopatovskyi *****
Abstract
The purpose of the study was to base the principles of state
regulation of the infrastructure of the digital economy in the
current conditions. In the methodological, a systematic approach
was used, which allows to consider the state regulation of the
infrastructure of the digital economy as a complex system, whose
structure is manifested in the relationships and interactions
between the components of the economic system. The tools for
regulating the development of the infrastructure of the digital economy
are highlighted, including: advancement of innovation infrastructure,
intensication of risk investment processes of technology companies,
modernization of the higher education system, implementation of state
digital economy programs, use of public procurement, public investment
and concessional loans, communication technologies, coordination of
actions between the administrative bodies that regulate the processes
of digitalization of the economy. In conclusion, it should be noted that
regulation must be based on a clear objective of infrastructure development,
foundation of state regulation tools, which provides a comprehensive
decision-making apparatus to regulate the development of digital economy
* PhD in Economics, Associate Professor, Department of International Economic Relations,
Khmelnytskyi National University, 11 Institutskaya Str., Khmelnytsky, 29016, Ukraine. ORCID ID:
https://orcid.org/0000-0001-9899-109X
** Doctor of Economic Sciences, Associate Professor, Department of Political Science and Public
Administration, Department of Management and Behavioral Economics, Vasyl Stus Donetsk National
University, 21, 600-richya Str., Vinnytsia, 21021, Ukraine. ORCID ID: https://orcid.org/0000-0003-
0788-7399
*** PhD in Economics, Department of Financial Markets and Technologies, State Tax University, 31
University Str., Irpin, 08200, Ukraine. ORCID ID: https://orcid.org/0000-0002-6724-9498
**** PhD in Economics, Doctoral Student (Economics), Department of Management, Marketing and Public
Administration, IHE «Academician Yuriy Bugay International Scientic and Technical University»,
3 Magnitogorsky Lane, Kyiv, 02000, Ukraine. ORCID ID: https://orcid.org/0000-0001-7778-6038
***** PhD in Economics, Associate Professor, Department of Accounting, Auditing and Taxation,
Khmelnytskyi National University, 11 Instytutska Str., Khmelnytsky, 29016, Ukraine. ORCID ID:
https://orcid.org/0000-0002-8830-1398
714
Serhii Matiukh, Natalia Priamukhina, Maryna Riabokin, Dmytro Kotelevets y Viktor Lopatovskyi
State regulation of the development of the digital economy infrastructure
infrastructure and have, without losing sight of the impact of threats and
risks to economic development in general.
Keywords: government regulation; digital economy infrastructure;
management methods; management tool; economic policy.
Regulación estatal del desarrollo de la infraestructura
de la economía digital
Resumen
El objeto del estudio fue fundamentar los principios de la regulación
estatal de la infraestructura de la economía digital en las condiciones
actuales. En lo metodologico se utilizó un enfoque sistemático, que permite
considerar la regulación estatal de la infraestructura de la economía digital
como un sistema complejo, cuya estructura se maniesta en las relaciones
e interacciones entre los componentes del sistema económico. Se destacan
las herramientas de regulación del desarrollo de la infraestructura de
la economía digital, que incluyen: adelanto de la infraestructura de
innovación, intensicación de los procesos de inversión de riesgo de
empresas tecnológicas, modernización del sistema de educación superior,
implementación de programas estatales de economía digital, uso de
la contratación pública, inversión pública y préstamos concesionales,
tecnologías de la comunicación, coordinación de acciones entre los órganos
administrativos que regulan los procesos de digitalización de la economía.
En conclusión, cabe señalar que la regulación debe basarse en un objetivo
claro de desarrollo de infraestructura, fundamentación de las herramientas
de regulación estatal, que proporciona un aparatode toma de decisiones
integral para regular el desarrollo de infraestructura de economía digital
y tener, sin perder de vista el impacto de las amenazas y riesgos para el
desarrollo económico en general
Palabras clave: regulación gubernamental; infraestructura de economía
digital; métodos de gestión; herramienta de gestión;
política económica.
Introduction
Modern global relations, their complexity, diversity and multi-
vector necessitate the use of extensive information and communication
technologies, which provides digitalization of economic processes. The
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Vol. 40 Nº 73 (2022): 713-725
digitalization of the economy is a platform for economic development that
aects all areas of economic activity. Modern relations in such areas as
transport, healthcare, retail, banking and nance, education and others
cannot be imagined without the use of the digital technology infrastructure.
Modern global challenges, such as the COVID-19 pandemic, are increasingly
relevant to the development of the digital economy infrastructure under the
inuence of government regulation.
The development of the infrastructure of the digital economy contributes
to:
• Ensuring economic and information security of socio-economic
development of the country with the use of the digital technologies.
• Increasing the use of the existing economic potential of the country
by expanding opportunities for the use of potential, including
humans.
• Increasing the competitiveness of the country’s economy in the
international market, through faster dissemination of knowledge
and information, which contributes to the innovation of economic
development.
• Reduction of barriers to the development of business structures
and their promotion in international markets through the use of the
digital technologies;
• Ensuring the principles of social interaction and improving the
living standards of the population of all territories of the country.
• Ensuring increased eciency of production activities of economic
development entities through the use of the principles of
Industry-4.0, etc.
Today, the digital economy is seen as a direction of social development,
a certain way of life, the sphere of the economy, a new basis for economic
development and security, a new platform for business and social
development. The purpose of this study is to substantiate the principles of
state regulation of the digital economy infrastructure in current conditions.
In the context of the methodological basis of this study, a systematic
approach was used, which allows to consider state regulation of the digital
economy infrastructure as a complex system, the structure of which is
manifested in the relationships and interactions between components
of the economic system. The methodology of a systematic approach to
state regulation of the development of the digital economy infrastructure
involves compliance with such principles as:
• The principle of analysis, which provides for the unity of the theory
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Serhii Matiukh, Natalia Priamukhina, Maryna Riabokin, Dmytro Kotelevets y Viktor Lopatovskyi
State regulation of the development of the digital economy infrastructure
of public administration and practice.
• The principle of catalysis, which involves the attractors of the
process of public administration of infrastructure development of
the digital economy.
• The principle of strategizing, which is the need to build foresight
of possible scenarios for the development of infrastructure of the
digital economy and get from this socio-economic eect.
• The principle of harmony, which takes into account the existing
structure of the economy and the development of new sectors of the
economy in terms of using existing potential.
• The principle of synergy, according to which management decisions
will help to obtain a synergistic eect on the intensication of the
infrastructure of the digital economy and the eect on economic
growth.
• The principle of consistency, which provides for the management of
decisions to take into account the sequence of structural changes.
The application of a systematic approach and the principles of analysis,
catalysis, strategy, harmony, synergy and consistency will help increase the
eectiveness of state regulation of the development of the digital economy
infrastructure.
1. Literature Review
Many scientic studies have been devoted to the issue of public
administration in the context of digitalization and development of the
digital economy infrastructure. Among the scientists we would like to
mention are the following: Adriaens (2021); Casalino (2010); Cosmulese
(2019); Derhaliuk (2021); Djakona (2020); Flensburg (2020); Kholiavko
(2021, 2022); Mengs (2021); Novachenko (2020); Popelo (2021); Pujadas
(2019); Rukanova (2021); Samoilovych (2021); Sazonets (2018); Shkarlet
(2020), Tulchynska (2022), Zhavoronok (2021) and others.
The authors’ study (Sazonets et al., 2018) analyzes the most eective
practices of the digital public administration in the context of realizing the
innovative potential of the national economy. Researchers have studied
that China’s digital administration system has its advantages in realizing
the innovative potential of the national economy, as it signicantly restrains
the growth of corruption.
The aim of the article (Adriaens and Ajami, 2021) is to analyze current
trends and features of infrastructure and the digital economy, namely the
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nancing and management of basic services for society. The authors argue
(Rukanova et al., 2021) that digital infrastructure innovations have the
potential to ensure the visibility of circular economy ows. Researchers
have shown that there is very limited research on how digital infrastructure
innovations can enable and support the management of the circular
economy.
In the article (Flensburg et al., 2020), scientists have developed a
structure that provides a basis for measuring and comparing digital
communication systems in national or regional contexts. Researchers
(Pujadas et al., 2019) have found that while digital platforms tend to be
seamlessly presented as the infrastructure of a shared economy, the
formation of infrastructure boundaries is political and performative,
meaning that it is involved in ontological policies that have implications for
the sharing of responsibilities.
German scholars (Mengs et al., 2021) are considering modernizing the
provision of public services through digitization. The article (Novachenko et
al., 2020) is devoted to the research and analysis of the use of information
technologies to increase the level of economic eciency and trust in public
administration in Ukraine. The authors applied the concept of the digital
management in order to integrate the interaction of municipal and state
structures with business, civil society institutions and the population.
Scientists (Casalino et al., 2010) have presented a model of system
dynamics, in order to determine the benets of the digitization process
in Italian public administration. According to the authors, the systems
approach allows to consider many important aspects of the problem of
digitalization and provides a broad analysis.
The study (Shkarlet et al., 2020) analyzes the theoretical and practical
aspects of infrastructural and regional development. The article of scientists
(Samoilovych et al., 2021) reveals the features of the digital transformation
of regions in the context of information economy development. The aim of
the authors’ scientic work (Popelo et al., 2021) is to study the functions of
public administration of regional development in the digital transformation
of the economy.
The article (Derhaliuk et al., 2021) deals with the state policy of
transformation of potential-creating space in the context of intensication
of regional development. The issues of developing methodological
approaches (Tulchynska et al., 2022) to the assessment of innovation in
the Polish and Ukrainian regions in the light of digitalization are extremely
important. The articles of scientists (Cosmulese et al., 2019; Djakona et
al., 2020; Kholiavko et al., 2021, 2022; Zhavoronok et al., 2021) reveal
the role of higher education in the development of the digital economy
and the priority areas for increasing the adaptability of universities to the
conditions of digitalization.
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Serhii Matiukh, Natalia Priamukhina, Maryna Riabokin, Dmytro Kotelevets y Viktor Lopatovskyi
State regulation of the development of the digital economy infrastructure
2. Results
The digital economy infrastructure includes the branching of platforms,
networks and communications, the availability, modernity and state of
technical means for communication, equipment to cover the Internet,
software and more. The digital economy infrastructure provides the
dissemination of knowledge and information, the implementation of social
products and services for all members of society regardless of their location,
the movement of nancial resources, the administration of diverse systems
and processes and more.
To develop the digital economy infrastructure, it is necessary to ensure
the appropriate quality of institutional support, which consists in the
formation of eective and ecient institutional and legal bases, supported
by the implementation of the state strategy on state policy of digitalization
of the economy.
Also, for eective state regulation of the digital infrastructure
development, it is important to branch out and develop state and non-
state public institutions, institutions, organizations that provide not only
regulation but also stimulate the development of the digital infrastructure.
Digital infrastructure provides the development of the digital technologies
and their dissemination in all spheres of social activity, which contributes
to the digitalization of social development processes.
State regulation of the development of the digital economy infrastructure
must include the following elements (Fig. 1):
• Formation of a clear goal to be achieved as a result of state regulation
of the development of the digital economy infrastructure and have
a positive eect on economic growth through harmonization of
economic processes and taking advantage of the digital economy
taking into account the security of economic development.
• Substantiation of the tools of state regulation of the development of
the digital economy infrastructure should be in accordance with the
innovativeness of economic development through the dissemination
of knowledge and information with the introduction of specic
forms, methods and models of management decisions.
• The principle of comprehensive decision-making to regulate the
development of the infrastructure of the digital economy in the
context of security of its operation.
• Taking into account the impact of economic threats and risks of
economic development in making management decisions to regulate
the development of the digital economy infrastructure.
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CUESTIONES POLÍTICAS
Vol. 40 Nº 73 (2022): 713-725
Fig. 1. Methodological principles of state regulation of the
digital economy infrastructure development. Source: built by
the authors.
State regulation of the development of the digital economy infrastructure
should provide for multi-vector methods of state regulation, which should
include:
• Firstly, administrative methods of state regulation, involving the use
of permits and administrative tools, tools for public administration of
digitalization of the economy, the adoption of necessary instructions
for digital economies, decisions, orders, issuing permits for activities
in the eld of information and communication technologies,
introduction and substantiation of technical requirements and
regulations in the eld of the digital technologies.
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Serhii Matiukh, Natalia Priamukhina, Maryna Riabokin, Dmytro Kotelevets y Viktor Lopatovskyi
State regulation of the development of the digital economy infrastructure
• Secondly, normative-legal ones, which provide for the improvement
of the normative-legal eld of the digital economy infrastructure
development through the adoption of necessary laws and regulations
on stimulating the development of the digital economy infrastructure.
• Thirdly, economic methods related to providing nancial and
economic incentives in the eld of information and communication
technologies and the development of infrastructure of the digital
economy in general. Economic methods of state regulation of the
digital economy infrastructure development may include such tools as
direct state nancing in the form of budget subsidies and subventions,
regulation of credit rates, taris, taxation of the digital sector entities,
customs regulation, etc.
• Fourthly, organizational methods include the use of tools and means
of regulation, organization and functioning of the digital economy,
harmonization of global and national standards for the development
of the digital economy infrastructure; state regulation in determining
the priorities of development of this area and ensuring their
implementation through the program-target method;
• Fifthly, socio-psychological methods that involve the development of
the digital culture of the population, increasing the competence of the
population to use digital technologies, attitude to the importance of
information and digitalization.
The use of such methods of state regulation of the digital economy
infrastructure as administrative, regulatory, economic, organizational and
socio-psychological allows to increase the eectiveness of state regulation,
as well as to establish close interaction of all components of the digital
economy infrastructure.
In addition to the outlined methods of state regulation, the tools of state
regulation of the development of the digital economy infrastructure should
be singled out, which should include:
• Development of innovation infrastructure that provides the
processes of digitalization of the economy by domestic developments
and implementations.
• Intensication of investment processes through the development
of collective investment institutions, public-private partnerships,
incorporation of nancial infrastructure.
• Intensication of venture nancing of technology companies.
• Modernization of the system of higher education, training and
retraining in the direction of increasing the digital competencies of
the workforce.
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CUESTIONES POLÍTICAS
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• Introduction of modern educational programs that combine science,
technology, engineering and mathematics, which form a new
constellation of specialists in digital economics.
• Creation of a system of informing economic entities about the
opportunities and benets of digitalization of economic processes at
dierent levels.
• Implementation of state programs for the development of the
digital economy and coordination of strategies and programs for the
development of the digital economy infrastructure.
• Use of public procurement, public investment and preferential lending
for the development of information and communication technologies.
• Coordination of actions between regulatory and administrative bodies
regulating the processes of digitalization of the economy.
State regulation of the development of the digital economy infrastructure
should be based on the following requirements for the management process:
• To use program-prognostic models of management of the
development of the digital economy infrastructure of principles of
development of the digital economy built on foresight.
• Modernization of the economy taking into account the security of
the processes of digitalization of the economy.
• Providing information competencies of representatives of state,
regional and local authorities to increase the eciency of digitalization
processes of socio-economic development management.
• Transformation of outdated principles of functioning of the system
of social and labor relations, education system, etc. in the direction
of using information and communication technologies.
• Purposefulness of state regulation of the infrastructure development
of the digital economy, which makes it possible to obtain a synergistic
eect for the development of the country’s economy.
• Consensus between the authorities, taking into account the processes
of decentralization of power in the context of economic security and
the development of information and communication technologies
to ensure the digitalization of economic processes.
• To take into account the specic features of economic process
management based on the experience of European countries on state
regulation of the development of the digital economy infrastructure
(Fig. 2).
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Serhii Matiukh, Natalia Priamukhina, Maryna Riabokin, Dmytro Kotelevets y Viktor Lopatovskyi
State regulation of the development of the digital economy infrastructure
Fig. 2. Means of state regulation of the development of the
digital economy infrastructure. Source: developed by the
authors
The infrastructure development through government regulation makes
it possible to intensify activities in the digital sector and the economy as a
whole. Thus, increasing the share of information technology and the digital
sector in value added and gross national product. Thanks to the state’s
regulatory measures in the direction of developing the infrastructure of the
digital economy, equal access to all citizens of the country to information,
knowledge and services that can be obtained through the use of information
and communication technologies should be achieved.
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CUESTIONES POLÍTICAS
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This, in turn, helps to improve the quality of life of the population
throughout the territory, regardless of the remoteness of the place of
residence to cities and centers of socio-economic development. Ensuring
the infrastructure of the digital economy provides benets for businesses
through increased competitiveness as a result of increased production
eciency, resource eciency and the ability to nd partners and
consumers using information and communication technologies. Also, the
infrastructure development should be focused on European cooperation,
activation of European and global markets with a high level of security and
trust between partners.
Conclusion
The use of a systematic approach to substantiate the principles of
state regulation of the development of the digital economy infrastructure
makes it possible to note that regulation should be based on a clear goal
of infrastructure development, substantiation of state regulation tools,
provide comprehensive decision-making to regulate digital economy
infrastructure development and take into account the impact of threats and
risks to economic development.
The scientic novelty is the substantiation of the use of administrative,
regulatory, economic, organizational and socio-psychological methods,
tools of state regulation of the digital economy infrastructure, which
under the conditions of using a systematic approach and adherence to
the principles of analysis, catalysis, strategy solutions makes it possible
to increase the eectiveness of government regulation and ensure the
interaction of all components of the infrastructure of the digital economy.
Further research is required on the issues of state regulation of
intensifying the use of the advantages of the digital economy in social
development in order to increase the competitiveness of the economy on
the world market.
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Esta revista fue editada en formato digital y publicada
en julio de 2022, por el Fondo Editorial Serbiluz,
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Vol.40 Nº 73
