Accumulation process under conditions of technical and digital transformation

Yu. V. Matveev, K. V. Shnyakin, T. E. Stepanova
Samara State University of Economics, Samara, Russian Federation
Department of Regulation of Municipal Infrastructure and Gas Supply of the Department of Price and Tariff Regulation of the Samara Region, Samara, Russian Federation
Kaliningrad State Technical University, Kaliningrad, Russian Federation

Accumulation process under conditions of technical and digital transformation

Abstract. The study is devoted to the process of accumulation in the context of digitalization of the reproductive
process. The problem and objectives setting identified the main task of the study; it is to determine the factors and
conditions contributing to the achievement of appropriate proportions in the structure of capital accumulation in
conditions of modern technical and digital transformation on the example of foreign countries. The research is carried out
on the basis of the reproduction approach through the use of the limiting approach. It was revealed that in the conditions
of technical and digitalization changes, the essence of the universal law of accumulation is being transformed. This is
manifested in the emergence of a new law of free time accumulation based on the development of productive forces and
on the formation of an intellectual capital part as the comprehensive human development. In the course of the study, it
was determined that further civilizational development (digitalization is considered here as the basic condition) entirely
depends on the profound study of the law of accumulation, as well as the quality of management of the reproduction
processes of accumulation and investment. It is substantiated that the synthesis of the plan and the market resulting from
the combination of all phases of the reproduction process based on digitalization necessitates the implementation of the
network management method in practice.

Keywords: process of accumulation, law of accumulation of free time, reproduction process, technical and digital transformation, method of network management.

Paper submitted: August 9, 2021.

For citation: Matveev Yu. V., Shnyakin K. V., Stepanova T. E. (2021) Accumulation process under conditions of technical and digital transformation. The Science of Person: Humanitarian Researches, vol. 15, no. 3, pp. 182–190.
DOI: 10.17238/issn1998-5320.2021.15.3.21.

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