Digital Transformation of the Russian Economy: State Regulation, Industry Specifics, and Problems

Abstract

The research aims to show the impact of the sanctions of unfriendly countries on the digitalization of the Russian economy. The research is based on statistical and content analysis of information from official sources, such as the Federal State Statistics Service of the Russian Federation, Federal Service for Intellectual Property (Rospatent), government documents, and Internet resources. The research notes that the process of digitalization of the Russian economy is uneven. Digitalization is developing most rapidly in sectors such as transportation, finance, and banking. Despite the sanctions of unfriendly countries, the digitalization process is actively developing. Global challenges have become a catalyst for the development of science, innovation, and invention in Russia. This is evidenced by the improvement of Russia’s positions in the main international ratings of digital development. To promote digitalization processes, the country actively improves the institutional environment, supports digital initiatives of leading companies in all sectors of the economy, and constantly monitors the results of the digital maturity of society.