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Digital Economy Institutional Traps: A Regional-Sectoral Approach

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Digital Transformation of the Economy: Challenges, Trends and New Opportunities

Part of the book series: Advances in Intelligent Systems and Computing ((AISC,volume 908))

Abstract

The article presents the results of the authors’ research the subject of which are issues of the region fisheries industry development in a digital economy. The paper presents the main problems of entrepreneurship in the region, due to its exclave position. Those problems were the main deterrent on its way to a competitive position among the Baltic Sea countries.

The article is devoted to the analysis of the institutional space of the Kaliningrad region in the fisheries industry from the standpoint of the institutional traps theory. The study allowed the authors to identify existing institutional traps in the industry. There are institutional traps associated with the development subsidy model, with the format of the region as a special economic zone (SEZ), with the lack of small enterprises.

The authors of the article studied the issues related to the growing pressure of the digital economy and determined the regulating directions of the fisheries industry institutional traps in the Kaliningrad region.

The study offers the author’s view on a significant impact of the institutional traps in the fisheries sector of the region in the context of the global transformation of the country and the increasing pressure of universal digitalization.

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Authors and Affiliations

  1. Kaliningrad State Technical University, Kaliningrad, Russia

    T. E. Stepanova & R. K. Polyakov

Authors
  1. T. E. Stepanova
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  2. R. K. Polyakov
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Corresponding author

Correspondence to R. K. Polyakov .

Editor information

Editors and Affiliations

  1. Department of Applied Management, Samara State University of Economics, Samara, Russia

    Svetlana Ashmarina

  2. School of Accounting and Administration, Polytechnic Institute of Porto, SĂŁo Mamede de Infesta, Portugal

    Anabela Mesquita

  3. Institute of Technology and Business, České Budějovice, Czech Republic

    Marek Vochozka

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Stepanova, T.E., Polyakov, R.K. (2020). Digital Economy Institutional Traps: A Regional-Sectoral Approach. In: Ashmarina, S., Mesquita, A., Vochozka, M. (eds) Digital Transformation of the Economy: Challenges, Trends and New Opportunities. Advances in Intelligent Systems and Computing, vol 908. Springer, Cham. https://doi.org/10.1007/978-3-030-11367-4_1

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