{"id":8202,"date":"2026-04-10T15:58:43","date_gmt":"2026-04-10T12:58:43","guid":{"rendered":"https:\/\/nti.ukrintei.ua\/?page_id=8202"},"modified":"2026-04-11T10:45:06","modified_gmt":"2026-04-11T07:45:06","slug":"%d0%b5%d0%ba%d0%be%d0%bd%d0%be%d0%bc%d1%96%d1%87%d0%bd%d1%96-%d0%b5%d1%84%d0%b5%d0%ba%d1%82%d0%b8-%d1%86%d0%b8%d1%84%d1%80%d0%be%d0%b2%d1%96%d0%b7%d0%b0%d1%86%d1%96%d1%97-%d0%b2-%d0%b5%d0%ba%d0%be","status":"publish","type":"page","link":"https:\/\/nti.ukrintei.ua\/?page_id=8202","title":{"rendered":"Digitalisation and economic performance in Azerbaijan&#8217;s new economy"},"content":{"rendered":"\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p><strong>SALIMLI HUSEYN ERKEN oqlu,&nbsp;<\/strong>Postgraduate Student<\/p>\n\n\n\n<p><strong>DOI: <\/strong>http:\/\/doi.org\/10.35668\/2520-6524-2026-1-03<\/p>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-buttons\">\n<div class=\"wp-block-button is-style-outline\"><a class=\"wp-block-button__link\" href=\"http:\/\/nti.ukrintei.ua\/wp-content\/uploads\/2026\/04\/\u0421\u0430\u043b\u0456\u043c\u043b\u0456_26-1-2.pdf\"><img loading=\"lazy\" width=\"352\" height=\"372\" class=\"wp-image-8127\" style=\"width: 30px;\" src=\"http:\/\/nti.ukrintei.ua\/wp-content\/uploads\/2026\/04\/\u0417\u043d\u0456\u043c\u043e\u043a-\u0435\u043a\u0440\u0430\u043d\u0430-2026-04-08-\u043e-22.02.47.png\" alt=\"\" srcset=\"https:\/\/nti.ukrintei.ua\/wp-content\/uploads\/2026\/04\/\u0417\u043d\u0456\u043c\u043e\u043a-\u0435\u043a\u0440\u0430\u043d\u0430-2026-04-08-\u043e-22.02.47.png 352w, https:\/\/nti.ukrintei.ua\/wp-content\/uploads\/2026\/04\/\u0417\u043d\u0456\u043c\u043e\u043a-\u0435\u043a\u0440\u0430\u043d\u0430-2026-04-08-\u043e-22.02.47-284x300.png 284w\" sizes=\"(max-width: 352px) 100vw, 352px\" \/>  PDF<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>Keywords:&nbsp;<\/strong>new generation economy, digitalization, structural equation modelling, economic performance, Azerbaijan, SEM.<\/p>\n\n\n\n<p><strong>ABSTRACT<\/strong><\/p>\n\n\n\n<p><em>The article examines how digitalization affects economic performance in Azerbaijan within the frame- work of the new generation economy. Although digital transformation is increasingly treated as a decisive source of productivity growth, competitiveness, and structural modernization, its mechanisms remain insufficiently quan- tified in developing economies. The objective of the study is to identify and empirically measure the channels through which digitalization influences firm-level economic outcomes in Azerbaijan. The empirical base combines a structured survey of 450 enterprises, including 200 firms from the general sample and 250 small and medium- sized enterprises, with a composite indicator system labelled AZ-NGE-DI. The study applies structural equation modelling in two stages: first, the measurement model is validated for latent constructs describing digital infra- structure, human capital, policy and regulation, the level of digitalization, and economic outcomes; second, the structural model is estimated using maximum likelihood procedures in AMOS v.24. The results show that the level of digitalization has a strong positive and statistically significant effect on economic outcomes (gamma&nbsp;<\/em>\u2248&nbsp;<em>0,50; p &lt; 0,001). Digital infrastructure (beta&nbsp;<\/em>\u2248&nbsp;<em>0,30) and human capital (beta&nbsp;<\/em>\u2248&nbsp;<em>0,25) are identified as the strongest de- terminants of digitalization, while the direct effects of infrastructure, skills and policy variables on final economic outcomes are weak and statistically insignificant. This confirms the mediating role of digital transformation: infra- structure and competencies improve firm performance primarily through a higher level of digital adoption. The AZ-NGE-DI assessment additionally shows that Azerbaijan has reached a medium level of digital development, with relatively stronger readiness indicators than maturity and results indicators. The study contributes to the lit- erature by providing one of the first SEM-based empirical assessments of the economic effects of digitalization in Azerbaijan. Its practical value lies in the policy implications: the findings support prioritizing broadband and plat- form infrastructure, advanced digital skills, SME support mechanisms, and a more coherent innovation ecosystem in order to narrow the gap between digital readiness and measurable economic returns.<\/em><\/p>\n\n\n\n<p><em>\u041d\u0430\u0434\u0456\u0439\u0448\u043b\u0430 \u0434\u043e \u0440\u0435\u0434\u0430\u043a\u0446\u0456\u0457 02.03.2026 <\/em><\/p>\n\n\n\n<p><em>\u041f\u0440\u0438\u0439\u043d\u044f\u0442\u0430 \u0434\u043e \u0434\u0440\u0443\u043a\u0443 12.03.2026<\/em><\/p>\n\n\n\n<p><strong>REFERENCES<\/strong><\/p>\n\n\n\n<ol><li>Abdullayev, K., Badalova, S., Mustafayev, A., Zeynalov, M., &amp; Babayeva, A. (2024). Assessment of the current state and prospects for the devel- opment of the digital economy of the Republic of Azerbaijan.&nbsp;<em>Theoretical and Practical Research in Economic Fields, 15&nbsp;<\/em>(2), 217-231.<\/li><li>Abdullayev, K., Allahyarov, R., Teymurova, G., Zeynalov, M., &amp; Fataliyeva, G. (2023). The role of digital transformation in building a competitive economy: A case study of Azerbaijan.&nbsp;<em>Economic Affairs, 68&nbsp;<\/em>(Special Issue), 705-710.<\/li><li>Babayev, E. A. (2018). Electronic government as an element of the digital economy: Experience of the Republic of Azerbaijan.&nbsp;<em>Administrative Consulting, 8,&nbsp;<\/em>137-147.<\/li><li>Bloom, N., Sadun, R., &amp; Van Reenen, J. (2012). Americans do IT better: US multinationals and the productivity miracle.&nbsp;<em>American Economic Review, 102&nbsp;<\/em>(1), 167-201.<\/li><li>Brynjolfsson, E., &amp; Hitt, L. M. (2000). Beyond com- putation: Information technology, organizational transformation and business performance.&nbsp;<em>Journal of Economic Perspectives, 14&nbsp;<\/em>(4), 23-48.<\/li><li>Dabbous, A., Barakat, K. A., &amp; Kraus, S. (2023). The impact of digitalization on entrepreneurial activ- ity and sustainable competitiveness: A panel data analysis.&nbsp;<em>Technology in Society, 73<\/em>, 102224.<\/li><li>David, O. O. O., &amp; Grobler, W. (2020). Information and communication technology penetration level as an impetus for economic growth and develop- ment in Africa.&nbsp;<em>Economic Research-Ekonomska Istra\u017eivanja, 33&nbsp;<\/em>(1), 1394-1418.<\/li><li>Dedrick, J., Gurbaxani, V., &amp; Kraemer, K. L. (2003). Information technology and economic perfor- mance: A critical review of the empirical evidence.&nbsp;<em>ACM Computing Surveys, 35&nbsp;<\/em>(1), 1-28.<\/li><li>Isayeva, X. I. (2023). Development of financial ac- counting methods for the digital economy in Azer- baijan.&nbsp;<em>Scientific Bulletin (Social and Technical Sci- ences Series), 1,&nbsp;<\/em>216-222.<\/li><li>Niebel, T. (2018). ICT and economic growth: Com- paring developing, emerging and developed coun- tries.&nbsp;<em>World Development, 104<\/em>, 197-211.<\/li><li>OECD. (2022). Promoting enterprise digitalisation in Azerbaijan. Retrieved from: https:\/\/surl.lt\/kswrny. <\/li><li>12. Solow, R. M. (1987, July 12). We\u2019d better watch out. The New York, Times Book Review.<\/li><li>United Nations. (2024). E-Government Survey 2024: Accelerating digital transformation for sus- tainable development. United Nations, 205 p. Retrieved from: https:\/\/surl.li\/ifbtxx<\/li><li>UNCTAD. (2019). Digital Economy Report 2019: Value creation and capture.&nbsp;<em>United Nations Publica- tions.&nbsp;<\/em>Retrieved from: https:\/\/unctad.org\/publica- tion\/digital-economy-report-2019.<\/li><li>Verhoef, P. C., Broekhuizen, T., Bart, Y., Bhattacha- rya, A., Dong, J. Q., Fabian, N., &amp; Haenlein, M. (2021). Digital transformation: A multidisciplinary reflection and research agenda.&nbsp;<em>Journal of Busi- ness Research, 122&nbsp;<\/em>(4), 889-901. DOI: 10.1016\/j. jbusres.2019.09.022.<\/li><li>World Bank. (2016). World Development Report 2016: Digital dividends.&nbsp;<em>World Bank.&nbsp;<\/em>Retrieved from: https:\/\/ www.worldbank.org\/en\/publication\/wdr2016.<\/li><\/ol>\n\n\n\n<blockquote class=\"wp-block-quote\"><p><\/p><cite><strong>\u041b\u0456\u0446\u0435\u043d\u0437\u0456\u044f<\/strong><br>\u0410\u0432\u0442\u043e\u0440\u0441\u044c\u043a\u0435 \u043f\u0440\u0430\u0432\u043e (c) 2026 \u0416\u0443\u0440\u043d\u0430\u043b \u00ab\u041d\u0430\u0443\u043a\u0430, \u0442\u0435\u0445\u043d\u043e\u043b\u043e\u0433\u0456\u0457, \u0456\u043d\u043d\u043e\u0432\u0430\u0446\u0456\u0457\u00bb<br><br>\u0423\u0441\u0456 \u043c\u0430\u0442\u0435\u0440\u0456\u0430\u043b\u0438, \u043e\u043f\u0443\u0431\u043b\u0456\u043a\u043e\u0432\u0430\u043d\u0456 \u0432 \u043f\u043e\u0442\u043e\u0447\u043d\u043e\u043c\u0443 \u0432\u0438\u043f\u0443\u0441\u043a\u0443 \u0436\u0443\u0440\u043d\u0430\u043b\u0443, \u043f\u043e\u0448\u0438\u0440\u044e\u044e\u0442\u044c\u0441\u044f \u043d\u0430 \u0443\u043c\u043e\u0432\u0430\u0445 \u043b\u0456\u0446\u0435\u043d\u0437\u0456\u0457&nbsp;<strong>Creative Commons Attribution-NonCommercial 4.0 International (CC BY-NC 4.0)<\/strong>:&nbsp;<a href=\"https:\/\/creativecommons.org\/licenses\/by-nc\/4.0\/deed.uk\">https:\/\/creativecommons.org\/licenses\/by-nc\/4.0\/deed.uk<\/a><br>\u041b\u0456\u0446\u0435\u043d\u0437\u0456\u044f \u0434\u043e\u0437\u0432\u043e\u043b\u044f\u0454 \u0432\u0456\u043b\u044c\u043d\u0435 \u043d\u0435\u043a\u043e\u043c\u0435\u0440\u0446\u0456\u0439\u043d\u0435 \u0432\u0438\u043a\u043e\u0440\u0438\u0441\u0442\u0430\u043d\u043d\u044f, \u043f\u043e\u0448\u0438\u0440\u0435\u043d\u043d\u044f, \u0432\u0456\u0434\u0442\u0432\u043e\u0440\u0435\u043d\u043d\u044f \u0442\u0430 \u0430\u0434\u0430\u043f\u0442\u0430\u0446\u0456\u044e \u043c\u0430\u0442\u0435\u0440\u0456\u0430\u043b\u0456\u0432 \u0443 \u0431\u0443\u0434\u044c-\u044f\u043a\u043e\u043c\u0443 \u0444\u043e\u0440\u043c\u0430\u0442\u0456 \u0437\u0430 \u0443\u043c\u043e\u0432\u0438 \u043e\u0431\u043e\u0432\u2019\u044f\u0437\u043a\u043e\u0432\u043e\u0433\u043e \u0437\u0430\u0437\u043d\u0430\u0447\u0435\u043d\u043d\u044f \u0430\u0432\u0442\u043e\u0440\u0441\u0442\u0432\u0430 \u0456 \u043f\u043e\u0441\u0438\u043b\u0430\u043d\u043d\u044f \u043d\u0430 \u0434\u0436\u0435\u0440\u0435\u043b\u043e \u043f\u0443\u0431\u043b\u0456\u043a\u0430\u0446\u0456\u0457. \u041a\u043e\u043c\u0435\u0440\u0446\u0456\u0439\u043d\u0435 \u0432\u0438\u043a\u043e\u0440\u0438\u0441\u0442\u0430\u043d\u043d\u044f \u043c\u0430\u0442\u0435\u0440\u0456\u0430\u043b\u0456\u0432 \u0434\u043e\u043f\u0443\u0441\u043a\u0430\u0454\u0442\u044c\u0441\u044f \u043b\u0438\u0448\u0435 \u0437\u0430 \u043d\u0430\u044f\u0432\u043d\u043e\u0441\u0442\u0456 \u043f\u0438\u0441\u044c\u043c\u043e\u0432\u043e\u0433\u043e \u0434\u043e\u0437\u0432\u043e\u043b\u0443 \u0432\u0438\u0434\u0430\u0432\u0446\u044f.<\/cite><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>SALIMLI HUSEYN ERKEN oqlu,&nbsp;Postgraduate Student DOI: http:\/\/doi.org\/10.35668\/2520-6524-2026-1-03 Keywords:&nbsp;new generation economy, digitalization, structural equation modelling, economic performance, Azerbaijan, SEM. ABSTRACT The article examines how digitalization affects economic performance in Azerbaijan within the frame- work of the new generation economy. Although digital transformation is increasingly treated as a decisive source of productivity growth, competitiveness, and structural modernization, &hellip; <\/p>\n<p><a class=\"more-link btn\" href=\"https:\/\/nti.ukrintei.ua\/?page_id=8202\">Continue reading<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/nti.ukrintei.ua\/index.php?rest_route=\/wp\/v2\/pages\/8202"}],"collection":[{"href":"https:\/\/nti.ukrintei.ua\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/nti.ukrintei.ua\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/nti.ukrintei.ua\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/nti.ukrintei.ua\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8202"}],"version-history":[{"count":6,"href":"https:\/\/nti.ukrintei.ua\/index.php?rest_route=\/wp\/v2\/pages\/8202\/revisions"}],"predecessor-version":[{"id":8217,"href":"https:\/\/nti.ukrintei.ua\/index.php?rest_route=\/wp\/v2\/pages\/8202\/revisions\/8217"}],"wp:attachment":[{"href":"https:\/\/nti.ukrintei.ua\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}