Model of creating an economic ecosystem in the framework of economic convergence under the influence of digitalization

Abstract

The article contains the study of the capabilities of choosing such a form of joint business organization by an economic convergence initiator which would ensure the maximum growth of such business under the influence of digitalization and thereby the maximum improvement of the initiator's competitive capability. The author has developed a model of creating an economic ecosystem as a really effective ecosystem which takes into account the influence of both positive and possible negative consequences of the impact of digitalization on a joint business and ensures the maximum economic benefits of the joint business. An algorithm has been developed to implement the model in the framework of a certain level and a specific product of digitalization. The main parameters of the model and the algorithm for the implementation of the same are such terms introduced by the author as an economic ecosystem, potentially the most effective economic ecosystem, a real ecosystem, and a really effective ecosystem, which are described by indicators and costs of the economic effect. Following the steps of the algorithm which implements the model will eventually make it possible to create such a version of an economic ecosystem which would bring the highest economic effect to the initiator on a certain convergence level considered when a certain digitalization product is used in the joint business. Comparison of the versions of real ecosystems obtained for each digitalization level and product makes it possible to select the final version which would produce the maximum economic effect for the initiator with respect to convergence levels and digitalization products and hence the maximum growth of the initiator's competitive capacity. The economic ecosystem formed on the basis of the developed model and the algorithm that implements it gives the initiator of the joint business the greatest advantages in a competitive economy.