The Role of Digital Transformation in Building a Competitive Economy: a Case Study of Azerbaijan


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Abdullayev K., Allahyarov R., Teymurova G., Zeynalov M., Fataliyeva G.

Economic Affairs (New Delhi), vol.68, pp.705-710, 2023 (Scopus) identifier

  • Publication Type: Article / Review
  • Volume: 68
  • Publication Date: 2023
  • Doi Number: 10.46852/0424-2513.2s.2023.11
  • Journal Name: Economic Affairs (New Delhi)
  • Journal Indexes: Scopus, IBZ Online, International Bibliography of Social Sciences, Periodicals Index Online, ABI/INFORM, CAB Abstracts, EconLit
  • Page Numbers: pp.705-710
  • Keywords: adaptation, business, enterprises, Innovations, regional features
  • Azerbaijan State University of Economics (UNEC) Affiliated: Yes

Abstract

The purpose of this study is to examine indicators of digital transformation in enterprises of Azerbaijan by analysing statistical data and forming recommendations for improving this process, considering regional features. In the course of the research, the following scientific methods were used: economic-statistical analysis, rating comparison analysis, deduction and induction, graphical methods. As a result of the study, the main advantages and disadvantages of the digital transformation process are identified. The place of Azerbaijan in the Digital Index rating is determined, the dynamics of the share of informationcommunication technologies in the gross domestic product (GDP) of the country is presented, and an analysis of the ease of establishing and conducting business in the country is conducted an economicstatistical analysis of data from Azerbaijani enterprises regarding the implementation of digital transformation on them was conducted. The following indicators were analysed: the main indicators of the use of information-communication technologies by enterprises, and the distribution of enterprises by the purposes of using the Internet. A number of recommendations were formulated regarding improving the process of digital transformation of enterprises in Azerbaijan.