Assessing the Role of Digital Platforms and Ecosystems in Economic Development

Abstract

In most countries, regulation of digital platforms and ecosystemsʼ activities has emerged quite recently. This regulation should take into account the specifics of platform business models, characterized by network effects, access to big data, assets mobility and lightness, and large economies of scale and scope. This article examines the trends in of the global economy digitalization, as well a factors and directions of digital platformsʼ impact on different economic indicators. The analysis serves as the basis for conceptual recommendations on improving digital platforms regulation in Russia. Key recommendations are related to the development and legislative adoption of definitions for digital platforms and ecosystems, the development of special measures to support national platforms (based on certain criteria for their classification as national enterprises), the amendment in and improvement to antimonopoly regulation, the establishment of interdepartmental coordination and interaction with relevant stakeholders