Key Factors Influencing the Development of the Digital Economy in Ukraine

This study investigates the key factors influencing the development of Ukraine’s digital economy. By analyzing data from 2015 to 2023, including internet penetration, digital literacy, foreign direct investment, and government IT spending, the paper applies econometric methods to identify which variables most significantly affect digital economic growth. Results indicate that digital literacy and internet penetration have the strongest positive impact, followed by foreign investment and governmental support.[1] The findings highlight the critical need for policy focus on education and infrastructure to sustain digital transformation. Recommendations for policymakers include expanding digital education programs, enhancing broadband access, and improving the investment environment. Limitations and directions for future research are also discussed.

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Publication Details

Journal
RA Journal Of Applied Research
Published
2025-06-16
DOI
https://doi.org/10.47191/rajar/v11i6.03
Primary Topic
Business and Economic Development
Type
article
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article

Key Factors Influencing the Development of the Digital Economy in Ukraine

Heng Zhang
RA Journal Of Applied Research
Business and Economic Development
article

Key Factors Influencing the Development of the Digital Economy in Ukraine

Heng Zhang
article en

Abstract

This study investigates the key factors influencing the development of Ukraine’s digital economy. By analyzing data from 2015 to 2023, including internet penetration, digital literacy, foreign direct investment, and government IT spending, the paper applies econometric methods to identify which variables most significantly affect digital economic growth. Results indicate that digital literacy and internet penetration have the strongest positive impact, followed by foreign investment and governmental support.[1] The findings highlight the critical need for policy focus on education and infrastructure to sustain digital transformation. Recommendations for policymakers include expanding digital education programs, enhancing broadband access, and improving the investment environment. Limitations and directions for future research are also discussed.

RA Journal Of Applied ResearchVol. 11(06)
Sumy State University (UA), ORCID (US)
Quality Education
Openalex Percentile: Top 80%
Business and Economic Development
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Key Factors Influencing the Development of the Digital Economy in Ukraine — Heng Zhang · RA Journal Of Applied Research (2025) | TGRS Research Map | TGRS