Accelerating Economic Growth and Increasing Labor Productivity: The Role of Digital Technologies

Digital technologies play an important role in modern economic development, significantly influencing the acceleration of growth and increasing productivity. With the development of technologies such as artificial intelligence, process automation, big data and cloud computing, companies and organizations can significantly optimize their business processes, improve production efficiency and reduce costs. The purpose of this study is to identify the main areas of using digital technologies to stimulate economic growth, as well as analyze the impact of such technologies on increasing productivity in various sectors of the economy, including industry, services and trade. The paper considers examples of successful digital transformation at the global and regional levels, as well as the impact of new technologies on the development of individual industries. Particular attention is paid to the challenges and problems that enterprises face when implementing digital solutions, such as the need to update infrastructure, ensure cybersecurity and train personnel. In conclusion, the importance of government support and the implementation of policies aimed at stimulating innovation processes is emphasized, which will allow the potential of digital technologies to be used as effectively as possible to achieve sustainable economic growth in the future.

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Publication Details

Journal
Russian Journal of Management
Published
2025-06-17
DOI
https://doi.org/10.29039/2500-1469-2025-13-5-320-331
Primary Topic
Economic and Technological Developments in Russia
Type
article
Field-Weighted Citation Impact
0.00
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article

Accelerating Economic Growth and Increasing Labor Productivity: The Role of Digital Technologies

Zoya Sh. Babaeva, Nadezhda Surnina
Russian Journal of Management
Economic and Technological Developments in Russia
article

Accelerating Economic Growth and Increasing Labor Productivity: The Role of Digital Technologies

Zoya Sh. Babaeva, Nadezhda Surnina
article en

Abstract

Digital technologies play an important role in modern economic development, significantly influencing the acceleration of growth and increasing productivity. With the development of technologies such as artificial intelligence, process automation, big data and cloud computing, companies and organizations can significantly optimize their business processes, improve production efficiency and reduce costs. The purpose of this study is to identify the main areas of using digital technologies to stimulate economic growth, as well as analyze the impact of such technologies on increasing productivity in various sectors of the economy, including industry, services and trade. The paper considers examples of successful digital transformation at the global and regional levels, as well as the impact of new technologies on the development of individual industries. Particular attention is paid to the challenges and problems that enterprises face when implementing digital solutions, such as the need to update infrastructure, ensure cybersecurity and train personnel. In conclusion, the importance of government support and the implementation of policies aimed at stimulating innovation processes is emphasized, which will allow the potential of digital technologies to be used as effectively as possible to achieve sustainable economic growth in the future.

Russian Journal of ManagementVol. 13(5)
West Ural Institute of Economics and Law (RU), Dagestan State University (RU)
Openalex Percentile: Top 69%
Economic and Technological Developments in Russia
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Accelerating Economic Growth and Increasing Labor Productivity: The Role of Digital Technologies — Zoya Sh. Babaeva, Nadezhda Surnina · Russian Journal of Management (2025) | TGRS Research Map | TGRS