Digital Space as Necessary and Sufficient Criterion for Economy Digitalization

Abstract

Today, the digital space ensures the success of the digitalization of the economy, forms systems thinking about the processes of digital transformation and makes it possible to avoid unpredictable consequences. The aim of the research is to present a logical sequence of digital space formation. The sequence of the formation of the digital space can develop according to two scenarios, one starts with the formation of innovative potential and digital culture, assessment of innovative and digital maturity; the other begins with an assessment of digital maturity and digital transformation, as it was created on the basis of a third technology platform. Digital culture reflects the preparedness for digital transformation, and it is responsible for the implementation of management functions and maintaining the integrity of the system. Digital culture creates a number of conditions for increasing labor productivity - these are flexibility, agility, autonomy and speed in decision-making. Digital transformation cannot be considered only a process of introducing digital technologies, it is also a process of business development. The digital space is a necessary and sufficient condition for the digitalization of the economy. It creates a level playing field for everyone involved in digital transformation through its interoperability. The digital space provides everyone with equal access to information, technological and technical resources, preserves and increases capacity of the workforce.