Please use this identifier to cite or link to this item: http://ena.lp.edu.ua:8080/handle/ntb/56103
Title: The formation of digital business factors
Authors: Pyrog, O.
Poritska, A.
Affiliation: Lviv Polytechnic National University
Bibliographic description (Ukraine): Pyrog O. The formation of digital business factors / O. Pyrog, A. Poritska // Economics, Entrepreneurship, Management. — Lviv : Lviv Politechnic Publishing House, 2020. — Vol 7. — No 1. — P. 10–17.
Bibliographic description (International): Pyrog O. The formation of digital business factors / O. Pyrog, A. Poritska // Economics, Entrepreneurship, Management. — Lviv : Lviv Politechnic Publishing House, 2020. — Vol 7. — No 1. — P. 10–17.
Is part of: Economics, Entrepreneurship, Management, 1 (7), 2020
Issue: 1
Issue Date: 24-Feb-2020
Publisher: Видавництво Львівської політехніки
Lviv Politechnic Publishing House
Place of the edition/event: Львів
Lviv
DOI: doi.org/10.23939/eem2020.01.010
UDC: 339.5
330.23
JEL: F10
F17
F20
Keywords: digital business
electronic business
electronic commerce
electronic banking
electronic education and training
digital business factors
Number of pages: 8
Page range: 10-17
Start page: 10
End page: 17
Abstract: The article is concerned with identifying and studying factors affecting digital business formation and development process in order to form tools for affecting the digital business. The novelty of this research paper is establishing causes increasing the volume of digital business and the dependence of its growth rate on the existing factors. The authors define the concept of digital business as an entrepreneur activity (providing electronic commerce, electronic services) in the Internet for making a profit with the help of information and communication technologies that blur boundaries between the real and virtual worlds. The digital business structure is studied and analysed. It is generally distinguished 4 sectors (electronic financial services; electronic commerce; electronic education and training; other electronic transactions). The authors prove that modern digital business model has been transformed from a 4-sectoral into a 3- sectoral one, including electronic commerce, electronic financial services, electronic education and training. It is suggested to study and define factors affecting the development of digital business according to sevenstage sequence of digital business evaluation. The hypothesis concerning a set of digital business factors is proposed and 24 factors affecting digital business are identified, among which 8 factors mostly affect the digital business market of the European Union. The authors also distinguish influencing factors which are common for all three sectors of digital business, such as: Internet use by individuals, proportion of people using the Internet to order goods or services, the level of household Internet access. The methodology of the given research is based on scientific and verification principles, comparative, structural and system analysis. Applying economic and mathematical methods, it has been investigated the correlation between the digital business and the main factors affecting it. The correlation density between the outcome feature and influencing factors using a determination coefficient is estimated. The given research proves that factors are multicollinear between each other. It has been revealed the correlation between the EU digital business volume and chosen factors
URI: http://ena.lp.edu.ua:8080/handle/ntb/56103
Copyright owner: © Національний університет “Львівська політехніка”, 2020
URL for reference material: https://www.gartner.com/en/newsroom/press-releases/2014-05-21-gartner-identifies-six-key-steps-to-build-asuccessful-digital-business
https://ec.europa.eu/
https://books.google.com.ua/books?id=
https://books.google.com.ua/books?hl=uk&lr=&id=oYufDwAAQBAJ&oi=fnd&pg=PT19&dq=what+is+digital+business+&ots=Onjujy0Gep&sig=wsTL2CQaPH0XbFDfcBH4urMj
https://books.google.com.ua/books?hl=uk&lr=&id=wzT6CAAAQBAJ&oi=fnd&pg=PA1&dq=what+is+electronic+business+&ots=QEsgh3t_Y3&sig=f0HKTLxYDafy2g7pDkmXQ_Q18
http://www.mavriz.ru/articles/2002/3/315.html
https://sibac.info/archive/economy/
http://212.111.199.131/jspui/bitstream/123456789/275/1/business-inform-2014-8_0-pages184_188
http://nauka-online.com/
https://www.researchgate.net/publication/334085110_Simulation_of_Innovative_Systems_under_Industry_40_Conditions
References (Ukraine): 1. Gartner, Inc. Six Key Steps to Build a Successful Digital Business. Retrieved from: https://www.gartner.com/en/newsroom/press-releases/2014-05-21-gartner-identifies-six-key-steps-to-build-asuccessful-digital-business
2. Yevrostat [Eurostat] Retrieved from: https://ec.europa.eu/ eurostat/data/database [in Ukrainian]
3. Castells Manuel. The Internet Galaxy: Reflections on the Internet, Business, and Society. Retrieved from: https://books.google.com.ua/books?id= Q1Mo3ObWWgC&printsec=frontcover&hl=uk#v=onepage&q&f=false
4. Chaffey Dave, Hemphill Tanya, EdmundsonBird David. Digital Business and E-commerce Management. Retrieved from:https://books.google.com.ua/books?hl=uk&lr=&id=oYufDwAAQBAJ&oi=fnd&pg=PT19&dq=what+is+digital+business+&ots=Onjujy0Gep&sig=wsTL2CQaPH0XbFDfcBH4urMj Ww&redir_esc=y#v=onepage&q=digital%20business&f=false
5. Cunningham Peter, Fröschl Friedrich. Electronic Business Revolution: Opportunities and Challenges in the 21st Century. Retrieved from: https://books.google.com.ua/books?hl=uk&lr=&id=wzT6CAAAQBAJ&oi=fnd&pg=PA1&dq=what+is+electronic+business+&ots=QEsgh3t_Y3&sig=f0HKTLxYDafy2g7pDkmXQ_Q18 aw&redir_esc=y#v=onepage&q=what %20is %20electronic %20business&f=false
6. Kasatonova I. A. Virtualnyi biznes kak pochva dlia razvytyia i ukreplenia rynochnykh pozitsyi predpriatyi v sfere elektronnoi ekonomiki [Virtual business as a basis for the development and strengthening of market positions of enterprises in the field of electronic economy]. Ekonomichnyi prostir [Economic space]: Collection of scientific works, No. 56/2 [in Russian].
7. Baburin S. N. (2005). Rossiyskiy torhovoeconomicheskiy slovar’ [Russian trade and economical dictionary]. Ed. by S. N. Baburin, Moscow, Economist, 525. [in Russian].
8. Holubkov E. P. (2002). Ispolzovanie Internet v marketinge. Marketing v Rossie i za rubezhom [Using Internet in marketing. Marketing in Russia and abroad], No. 3 (29). Retrieved from: http://www.mavriz.ru/articles/2002/3/315.html [in Russian].
9. Indrysov M. N., Shavshyna S. A. Rynok onlain torgovli [Market of online trading]. Retrieved from: https://sibac.info/archive/economy/ 4(31).pdf#page=8[in Russian].
10. Yevtushenko D. D. Elektronnyi biznes, elektronna komertsiia, Internet-torhivlia: sutnist ta vzaiemozviazok poniat. [Electronic business, electronic commerce, Internet trading: the nature and interconnection of concepts] Retrieved from: http://212.111.199.131/jspui/bitstream/123456789/275/1/business-inform-2014-8_0-pages184_188 %20 %281 %29.pdf [in Ukrainian].
11. Fedyshyn I. B. (2016). Elektronnyi biznes ta elektronna komertsiia (opornyi konspekt lektsii dlia studentiv napriamku “Menedzhment” usikh form navchannia) [Electronic business and electronic commerce (a keynote summary of lectures for students of Management in all forms of study)], Ternopil, Ivan Pulyuy TNTU, 97. [in Ukrainian].
12. Voronkova V. H. (2015). Internet yak hlobalna tendentsiia rozvytku informatsiinoho suspilstva [The Internet as a global trend in information society development]. Collection of scientific works “Hileia: naukovyi visnyk” [“Guillaume: a scientific bulletin”]. Issue 93, 174. [in Ukrainian].
13. Zahorodniy А., Partyn H. (2018). Crypto Currency – a Virtual Phenomenon which can Destabilize Financial Markets. EEM. Issue 5, Number 2, 59–66.
14. Chushak-Holoborodko A., Didukh O., Zaderetska R. (2018). Determining the Efficiency of the Financial Outsourcing Use by an EnterpriseCustomer. EEM. Issue 5, Number 2, 67–74.
15. Pyroh O., Horyachka A. (2016). The development of e-commerce in terms of virtualization industry. EEM. Issue 3, Number 1, 51–57.
16. Pyroh O., Horyachka A. (20190. Global trends of e-commerce development. International Electronic Scientific Journal “Science Online”. Issue 2. Retrieved from: http://nauka-online.com/
17. Shpak Nestor, Odrekhivskyi Mykola, Doroshkevych Kateryna, Sroka Włodzimierz. Simulation of Innovative Systems under Industry 4.0 Conditions. Retrieved from: https://www.researchgate.net/publication/334085110_Simulation_of_Innovative_Systems_under_Industry_40_Conditions.
References (International): 1. Gartner, Inc. Six Key Steps to Build a Successful Digital Business. Retrieved from: https://www.gartner.com/en/newsroom/press-releases/2014-05-21-gartner-identifies-six-key-steps-to-build-asuccessful-digital-business
2. Yevrostat [Eurostat] Retrieved from: https://ec.europa.eu/ eurostat/data/database [in Ukrainian]
3. Castells Manuel. The Internet Galaxy: Reflections on the Internet, Business, and Society. Retrieved from: https://books.google.com.ua/books?id= Q1Mo3ObWWgC&printsec=frontcover&hl=uk#v=onepage&q&f=false
4. Chaffey Dave, Hemphill Tanya, EdmundsonBird David. Digital Business and E-commerce Management. Retrieved from:https://books.google.com.ua/books?hl=uk&lr=&id=oYufDwAAQBAJ&oi=fnd&pg=PT19&dq=what+is+digital+business+&ots=Onjujy0Gep&sig=wsTL2CQaPH0XbFDfcBH4urMj Ww&redir_esc=y#v=onepage&q=digital%20business&f=false
5. Cunningham Peter, Fröschl Friedrich. Electronic Business Revolution: Opportunities and Challenges in the 21st Century. Retrieved from: https://books.google.com.ua/books?hl=uk&lr=&id=wzT6CAAAQBAJ&oi=fnd&pg=PA1&dq=what+is+electronic+business+&ots=QEsgh3t_Y3&sig=f0HKTLxYDafy2g7pDkmXQ_Q18 aw&redir_esc=y#v=onepage&q=what %20is %20electronic %20business&f=false
6. Kasatonova I. A. Virtualnyi biznes kak pochva dlia razvytyia i ukreplenia rynochnykh pozitsyi predpriatyi v sfere elektronnoi ekonomiki [Virtual business as a basis for the development and strengthening of market positions of enterprises in the field of electronic economy]. Ekonomichnyi prostir [Economic space]: Collection of scientific works, No. 56/2 [in Russian].
7. Baburin S. N. (2005). Rossiyskiy torhovoeconomicheskiy slovar’ [Russian trade and economical dictionary]. Ed. by S. N. Baburin, Moscow, Economist, 525. [in Russian].
8. Holubkov E. P. (2002). Ispolzovanie Internet v marketinge. Marketing v Rossie i za rubezhom [Using Internet in marketing. Marketing in Russia and abroad], No. 3 (29). Retrieved from: http://www.mavriz.ru/articles/2002/3/315.html [in Russian].
9. Indrysov M. N., Shavshyna S. A. Rynok onlain torgovli [Market of online trading]. Retrieved from: https://sibac.info/archive/economy/ 4(31).pdf#page=8[in Russian].
10. Yevtushenko D. D. Elektronnyi biznes, elektronna komertsiia, Internet-torhivlia: sutnist ta vzaiemozviazok poniat. [Electronic business, electronic commerce, Internet trading: the nature and interconnection of concepts] Retrieved from: http://212.111.199.131/jspui/bitstream/123456789/275/1/business-inform-2014-8_0-pages184_188 %20 %281 %29.pdf [in Ukrainian].
11. Fedyshyn I. B. (2016). Elektronnyi biznes ta elektronna komertsiia (opornyi konspekt lektsii dlia studentiv napriamku "Menedzhment" usikh form navchannia) [Electronic business and electronic commerce (a keynote summary of lectures for students of Management in all forms of study)], Ternopil, Ivan Pulyuy TNTU, 97. [in Ukrainian].
12. Voronkova V. H. (2015). Internet yak hlobalna tendentsiia rozvytku informatsiinoho suspilstva [The Internet as a global trend in information society development]. Collection of scientific works "Hileia: naukovyi visnyk" ["Guillaume: a scientific bulletin"]. Issue 93, 174. [in Ukrainian].
13. Zahorodniy A., Partyn H. (2018). Crypto Currency – a Virtual Phenomenon which can Destabilize Financial Markets. EEM. Issue 5, Number 2, 59–66.
14. Chushak-Holoborodko A., Didukh O., Zaderetska R. (2018). Determining the Efficiency of the Financial Outsourcing Use by an EnterpriseCustomer. EEM. Issue 5, Number 2, 67–74.
15. Pyroh O., Horyachka A. (2016). The development of e-commerce in terms of virtualization industry. EEM. Issue 3, Number 1, 51–57.
16. Pyroh O., Horyachka A. (20190. Global trends of e-commerce development. International Electronic Scientific Journal "Science Online". Issue 2. Retrieved from: http://nauka-online.com/
17. Shpak Nestor, Odrekhivskyi Mykola, Doroshkevych Kateryna, Sroka Włodzimierz. Simulation of Innovative Systems under Industry 4.0 Conditions. Retrieved from: https://www.researchgate.net/publication/334085110_Simulation_of_Innovative_Systems_under_Industry_40_Conditions.
Content type: Article
Appears in Collections:Economics, Entrepreneurship, Management. – 2020. – Vol. 7, No. 1



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