Multiplier effects of traditional high-tech and digital industry development

Magomedova N.A.1
1 Российский университет дружбы народов им. Патриса Лумумбы

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Journal paper

Leadership and Management (РИНЦ, ВАК)
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Volume 12, Number 4 (April 2025)

Citation:

Magomedova, N. A. (2025). Multiplier effects of traditional high-tech and digital industry development. Leadership and Management, 12(4), 915-934. https://doi.org/10.18334/lim.12.4.123100

Indexed in Russian Science Citation Index: https://elibrary.ru/item.asp?id=82282752

Abstract:
The article examines the mechanisms for the development of the knowledge-intensive and high-tech industrial sector in the context of digital transformation. The research purpose was to identify the key factors influencing intensive economic growth and to determine the possibilities for realizing the multiplier effect through the active integration of digital technologies. The methodology includes an analysis of the industrial production structure, export policy and intersectoral interactions, as well as an assessment of the multiplier effect based on macroeconomic indicators. The development of high-tech industries and digital technologies can significantly enhance economic stability by increasing the value added of products and fostering stronger intersectoral linkages. The author concludes that digital technologies have a unique advantage: their cross-cutting nature, which accelerates and intensifies intersectoral interactions, thereby increasing the effectiveness of the multiplier effect. The research highlights that digital transformation not only drives the growth of traditional high-tech industries, but also expands their impact on the economy. Increasing the production volume of knowledge-intensive and high-tech products, especially in the context of digitalization, contributes to more intensive economic growth by strengthening intersectoral interactions and enhancing national economic competitiveness.

Keywords: multiplier effect, digitalization, knowledge-intensive industry, high-tech sector, intersectoral linkage, innovation, digital transformation

JEL-classification: L16, L52, L63, L86, O32

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