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From Platforms to Institutions: Digitalization of Small and Medium Enterprises as a Factor of Modernization of the Russian Economy

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The article reveals how digitalization transforms SMEs in Russia, highlighting institutional barriers faced by businesses.

Digitalization of SMEs significantly alters both business models and institutional frameworks in Russia, pushing for modernization.
The proposed model includes essential elements like digital enterprise profiles and smart contract mechanisms for effective support.
An analysis of regulatory barriers indicates that medium-sized enterprises are particularly vulnerable to institutional traps.
Shifting the focus from technical infrastructure to an institutional approach may enhance digital economic policy in Russia.

Gonenko et al. (2025) studied this question.

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