The Evolution of Digital Capital in Organizations: A Quantitative Assessment

Main Article Content

Vladimir Bubnov
Valeria Kopilevich
Anna Istomina

Keywords

digital capital, knowledge economy, global information networks, digital resources, ICT

Abstract

This study analyzed the evolution of resources in organizations towards digital capital using the example of Russia, by analyzing data on the development of technological infrastructure. It concluded that, over the past decade, there were moderately favourable conditions in terms of technological orientation in the Russian Federation. However, only a third of Russian organizations have mastered digital transformation in the context of digital interaction in the online environment using relatively simple information technologies. At the same time, a downward trend was noted for the pace of digitization of business processes and management decisions through dedicated software, reducing the global competitiveness of such organizations. The quantitative assessment of the evolution of digital resources demonstrated that Russian organizations have only a basic level of mastery of digital technologies, with some additional capabilities. This level is characterized by the use of relatively simple digital technologies and standard software. Thus, Russian economic entities in almost all areas use information and communication technology as a component of digital capital for the production of added value, but within limited professional competencies. The study results can be used by organizations’ management for meso-level research and by policymakers for evaluating the digital economy.

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