Authors: S.M. Nikitenko, E.V. Goosen

Title of the article: Upgrading business models of producing companies in the conditions of Industry 4.0. and energy transition

Year: 2021, Issue: 4, Pages: 27-38

Branch of knowledge: 5.2.3 Regional and sectoral economics

Index UDK: 330.341.2; 622

DOI: 10.26730/2587-5574-2021-4-27-38

Abstract: External challenges for the global and national economies in the context of digital-ization and transit towards a new industrial revolution (Industry 4.0) predetermine the successful development of companies due to their choice of an appropriate business model. The authors of the article analyze the existing business models and focus on the dual approach, since within its framework the business model expands the boundaries of the business process by expanding the boundaries of the market, switching to network forms of interaction with key partners, the state, society, which can significantly increase added value and ensures greater stability not only for mining companies, but for the entire national economy.

Key words: Business model Industry 40 energy transition extractive industry Transformation

Receiving date: 04.10.2021

Approval date: 01.12.2021

Publication date: 24.12.2012

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