Affiliation:
1. Volga State University of Technology, Russia
2. University of California, Berkeley, USA
Abstract
Countries are striving to opt for digital economy by adopting miscellaneous state programs and translating them into national projects. The chapter describes digital relations and the digital economy. It examines the effectiveness of the government strategies on digitalization and indulges the programs' context in terms of their priorities, objectives, and tools for implementation, based on the rigorous critique of the programs in the literature. Furthermore, it audits the chronicle of events in programs development, actors involved, and the decision-making process. Moreover, it focuses on the legal regulation of the digital economy with a specific focus on the situation in the Russian Federation. In addition, it examines governance and economics in the context of a digitally hybridized civilization. Moreover, it assesses Russia's potential and innovative performance in the context of the Global Innovation Index to better implement robust innovation policy conditions.