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The purpose of this chapter is to develop a new perspective model of well-balanced information economy.

The methodological tools of this work are based on application of the method of comparative analysis for comparing the old and the new model of information economy, modeling of socio-economic systems, simplex-method as an algorithm for solving the optimization task of linear programming, related to improvement of the conceptual model of information economy, and the method of formalization for graphical presentation of a new model of information economy.

The developed and presented author’s perspective model of information economy envisages balancing in four main directions: infrastructural possibilities and readiness for their practical usage by society and business; state regulation and market self-management; existing and new information; and external information exchange. Despite the clarity and strictness of conceptual settings, the new model is peculiar for increased flexibility and adaptation to the peculiarities of the socio-economic practice of economic system. Thus, the new model of well-balanced information economy allows overcoming all drawbacks – logical mismatches and contradictions – of the existing (old) model of information economy.

Due to optimization of the conceptual model, its practical implementation in economic activities of modern socio-economic systems becomes possible – as a result of which, with accumulation of experience, it will be possible to assess true value of the idea of information economy’s formation for humanity and the global economic system.

The purpose of this chapter is to develop criteria of effectiveness of state management of the process of implementing the information economy’s optimization model, determine the corresponding indicators, and offer the method of evaluation of the effectiveness of state management of the process of implementing the information economy’s optimization model.

This research applies the methods of induction, deduction, structural and functional analysis, and graphical presentation of information.

Based on the peculiarities of the information economy’s optimization model, three main criteria of the effectiveness of state management while implementing this model are distinguished: flexibility of the normative and legal provision of information economy; balance of the level and rate of development of the noosphere components; and success of the protection, usage, and preservation of information’s uniqueness. To distinguish these criteria it is offered to evaluate the effectiveness of state management of the process of implementation of the information economy’s optimization model by progressive comparison of the sum of results with the sum of limitations and costs for each direction of state management of the process of implementation of the information economy’s optimization model, related to the provision of observation of the above criteria. The author determines the indicators that conform to the offered criteria of effectiveness of state management of the process of implementation of the information economy’s optimization model systematized in connection to these criteria, and offers the formula for calculating the final indicator of the effectiveness of state management of the process of implementation of the information economy’s optimization model.

The offered criteria of effectiveness of state management of the process of implementing the information economy’s optimization model, the corresponding indicators, and the compiled methodology of evaluating the effectiveness of this process are recommended for usage as methodological provision of monitoring and control of implementation of the information economy’s optimization model.

The purpose of the chapter is to develop and substantiate the principles of implementation of the innovational model of well-balanced information economy.

The methodology of the research consists of the method of analysis of causal connections, which is used for determining the need for proclaiming various principles of implementation of the innovational model of well-balanced information economy, evaluation and comparison of the possible methods of their observation, and studying possible consequences. This allows determining the optimal set of principles that allow – with the highest precision – implementing in practice the offered innovational model of well-balanced information economy.

The author offers eight main principles of implementation of the innovational model of well-balanced information economy: principle of balance, principle of simultaneousness, principle of balance of state and entrepreneurial initiative, principle of innovational activity of personnel, principle of cyclicity, principle of feedback, principle of effectiveness, and principle of protection. They focus on peculiarities and key advantages of the innovational model of well-balanced information economy and guarantee its formation as a result of practical measures that are aimed at informatization of the economic system. These principles must be a guide for action for modern economic systems, and their strict observation will allow implementation of the offered optimal model, not just formation of information economy, thus guaranteeing its balance.

The developed principles are recommended to scientific and practical application.

The purpose of this chapter is to determine the basic institutes of well-balanced information economy and compile its institutional model.

The research methodology is based on the methods of the new institutional economic theory. The authors determine the most important qualitative characteristics of the innovational model of a well-balanced information economy and select social institutes that allow taking them into account and ensuring them during practical implementation of the model. The authors describe social institutes that are the basis of a well-balanced information economy and the process of their formation. The authors also use the method of modeling socio-economic phenomena and processes to compile the institutional model of a well-balanced information economy and the method of formalization of its graphic interpretation.

It is concluded that the basic institutes of the innovational model of a well-balanced information economy include the institutes of feedback collection and control and protection of information. These institutes ensure observation of the principles of implementation of this model and ensure its cyclic development and sustainability in the long-term.

The presented institutional model of a well-balanced information economy harmonizes the interaction between all the participants of socio-economic relations and processes of information economy, including its state regulation, transition of new information into the category of existing (from product into resource), internal and external exchange of information, its usage, etc.

The purpose of the work is to verify the offered hypothesis and to develop a new model of macro-economic balance, adapted to peculiarities of information economy.

The methodology of the research is based on equilibrium approach to studying socio-economic phenomena and processes. According to this approach, in order to determine the balance in information economy, the methods of abstracting and modeling of economic systems are used. The theoretical basis of the chapter is the classical macro-economic balance in “AD–AS” model (aggregate demand–aggregate supply model).

The research concluded that information economy envisages high specificity of the main commodity market – market of information as a product – and that behavior of sellers and buyers cannot be described correctly with the help of the classical two-dimensional model of demand and offer in macro-economics. In order to solve this problem, the author presents a new three-dimensional model of balance, which is adapted to peculiarities of information economy. This model shows that the aggregate demand and supply of information as a product in information economy depends not only on the level of market price for information but also on its value and preservation of its uniqueness. So apart from striving for lowest prices, consumers are interested in purchasing the most valuable information, which is not sold by sellers and is not available in the market. The market has only information that has no critical value for its owners and economy on the whole.

The author’s three-dimensional model of balance, adapted to peculiarities of information economy, is recommended for application.

The purpose of this chapter is to study the American practice of implementing the model of information economy as an example to the leading countries of the American region of the global economic system and to compile a conceptual model of formation and development of information economy in modern America.

For provision of compatibility of data on different regions of the global economic system, the research is performed on the basis of the previously used methodology and information platform. The values of the indicators of technosphere, sociosphere, economic sphere, and target result in information economy’s formation in American countries and are compared to determine their variation from direct average; subsequently, they are compared with the global values for evaluation of percentage deviations. The research concerns countries such as USA, which is a leader in the American region with regard to the global economic system, Canada, which is the country closest to the level of economic development by the region’s leader, and Brazil, which is the foremost leading country among the developing countries of the American region. The data from 2017 is used in the study.

The authors conclude that the US economy is not a deviant economic system but a true leader of the American region with regard to the the global economic system. That is, the USA shows higher level and rate of information economy’s formation, but applied that for the same conceptual model as other countries of the American region. The most vivid uniqueness of the American model of establishment and development of information economy is the stage-by-stage character of the noosphere pyramid, which is manifested by vivid reduction of the area of its structural elements, the most massive of which is technosphere, which corresponds to the indicators that are standard for the leading countries of the world.

The offered conceptual model is recommended for studying the formation of information economy in the America region and compare this process in other regions of the world.

The purpose of this chapter is to study perspectives of formation of the optimization model of a well-balanced information economy in modern Russia.

The research methodology includes the complex SWOT analysis of the environment, wherein the optimization model of a well-balanced information economy in modern Russia is implemented; this analysis allows determining threats and possibilities for its formation. Also, the method of formalization is used that allows tablulation of results.

The authors show a number of prerquisites for the formation of a well-balanced information economy in Russia, as well as multiple internal barriers on the path of its development. One of the barriers is deficit of resources. Also, there exist large perspectives of formation of the optimization model of a well-balanced information economy. These perspectives include improvement of legal conditions of financing of development of digital economy, intensive development of the ICT spheres and online business, growth of innovational activity and efficiency in the information sphere, and creation and stimulation of implementing the possibilities for feedback in the course of information economy’s formation. Based on the analyzed tendencies, it is concluded that these perspectives will allow overcoming the major barriers on the path of implementation of the strategy of building the optimization model of a well-balanced information economy in modern Russia, related to deficit of resources, structural imbalance of the noosphere, low efficiency of information, and linear direction of the process of management of information economy.

The authors determine that successful practical implementation of this strategy is largely predetermined by the capability of state regulators for a highly effective management of internal and external factors. It is recommended to pay attention to the management of these factors in the process of practical implementation of the strategy of forming the optimization model of a well-balanced information economy in modern Russia.

The purpose of this chapter is to develop a framework strategy for implementing the optimization model of information economy in modern Russia, aimed at its adaptation to the peculiarities of the Russian economic practice.

The methods of induction, deduction, synthesis, and systemic analysis are used, as along with goal-oriented approaches, such as the method of modeling of socio-economic systems, and the method of formalization.

The authors develop the framework strategy of implementing the optimization model of information economy in modern Russia that takes into account specifics of socio-economic development and informatization of the Russian economic system at the modern stage. This strategy differs from the strategy of formation of an information economy implemented in modern Russia. The most important difference is a wide and comprehensive balance, while the Russian economy is tolerant toward imbalance. The offered strategy allows refusing from copying economic practice implemented by other countries and determining own path of formation and development of information economy. This envisages the Russian treatment of the principles of implementing the innovational model of a well-balanced information economy. This treatment is based on the current possibilities of the Russian economy and on the set goal within the formation of an information economy. Due to this, the possibilities and needs of strategic development of information economy in modern Russia are balanced.

The developed framework strategy of implementing the optimization model of information economy in modern Russia is recommended for usage in the domestic economic practice.

The purpose of this chapter is to develop the indicators that are necessary for monitoring and controlling the efficiency of the process of implementation of information economy’s optimization model. For this, the authors used general scientific research methods – systemic, problem, structural, and functional analysis to determine the key components of balancing, along with a specific method of economics – the balance method – for determining the method of balancing of indicators.

On the basis of the complex analysis performed with the application of the above methods, the authors determined the main indicators of efficiency of the process of implementation of information economy’s optimization model essential for its successful monitoring and control. These indicators are systematized in connection to the noosphere levels and are presented in this work. The offered indicators of efficiency of the process of implementation of the information economy’s optimization model are recommended for systemic national and international monitoring and control during model implementation. The indicators for the current year, in comparison with the dynamics of previous years, could be used. The balance coefficients pose the largest value and provide the highest level of information as they reflect the results of analysis of intermediary indicators and offer information in the form that is ready for regulators. The offered indicators have to supplement the indicators used for evaluating the efficiency of economy’s formation according to the its old model.

The indicators offered in this chapter focus on the balance model of information economy, however to compile a complete picture on the progress of its formation requires consideration of the values of the indicators used within the old model.

The purpose of this chapter is to compile the expected scenarios of development of information economy in the global economic system, determine the role of scenario that envisages practical implementation of the new model of a well-balanced information economy among these scenarios according to the criterion of effectiveness and probability, and select and substantiate the optimal scenario.

Due to the absence of initial statistical information that allows characterizing the basic conditions for further development of information economy in the global economic system, the method of stochastic modeling is used for describing forecast scenarios in this chapter. This method is used due to its applicability for forecast analysis in the conditions of uncertainty. With the help of this method, qualitative description of the expected scenarios of development of information economy in the global economic system is accompanied by selected quantitative characteristics, which are conventional, that is, they are given for comparing various scenarios, not for specifying a precise value of estimate indicators. Comparison of the expected scenarios of development of information economy in the global economic system is conducted using comparative analysis method.

It is concluded that the most effective and optimal scenario is the one that supposes implementation of the offered new model of a well-balanced information economy – despite its lower probability as compared to the other scenarios.

The set optimal expected scenario of development of information economy, which envisages application of its new well-balanced model, is recommended for practical implementation in the modern economic systems.