COMPARATIVE ANALYSIS OF SMART STRATEGIES IN STATE POLICIES

Abstract

The contemporary advancement of digital technologies presents a transformative opportunity for the transition to the concept of smart development. The integration of digital, physical and human systems, which occurs as part of the process of smartification, gives rise to intelligent ecosystems that create distinctive conditions for sustainable and efficient growth, process optimisation, productivity and new opportunities for businesses and individuals. The objective of this study is to provide a systematic and analytical framework for understanding the processes through which countries around the world are developing smart economies. The study focuses on the state smartisation policy in Singapore and Brazil, analysing the organisational and legal framework of smartisation, the ways and tools for the formation of a smart economy, approaches to promoting sustainable development, and the international and regional aspects of national smartisation policy. The research indicated that the foundational components of the smartisation strategy in these countries are the digitalisation of the economy, government, and society. Both countries allocate significant resources to the digital transformation of the economy, the requirements of Industry 4.0, and the instruments that facilitate the innovation ecosystem. The promotion of innovation development in Singapore is evident through a variety of mechanisms, including innovative tax incentives, the commercialisation of intellectual property derived from R&D, and the cultivation of an extensive startup ecosystem. In Brazil, noteworthy initiatives that facilitate innovative development include the establishment of the National Research Infrastructure Platform, AI Applied Research Centres, the Human Resources in Strategic Areas Program, and the Startup Support Program. The study indicates that Brazil's primary focus is on the development of smart cities and the introduction of new technologies that enhance the urban environment and reduce environmental impact. Brazil's digital transformation strategy, in conjunction with a number of programs and initiatives to "smarten" cities, provides the foundation for modern changes throughout the country. Singapore is developing and implementing a comprehensive strategy to construct a society and economy that is adequately prepared for emerging challenges and capable of leveraging the opportunities presented by innovative development and digitalisation for sustainable and inclusive growth as part of its large-scale Smart Nation initiative. It is imperative to examine global experiences in the development of a smart economy, as this facilitates the optimisation of smartisation strategies at the national level, the implementation of superior foreign practices, and the formulation of efficacious mechanisms for smart development, particularly in the context of Ukraine's post-war recovery.