Pub Date : 2022-03-20DOI: 10.31520/2616-7107/2022.6.1-2
I. Mikhno, V. Koval, I. Sedikova, V. Kotlubai
Abstract. Over the past century, the rate of globalization has substantially grown due to the increasing impact of transnational companies, development of digital communications systems, integration of new technologies and the increasing need for rapid response to changes by transforming life orientations of society. Establishment of strategic alliances and enlargement of international companies are becoming more relevant in the digital services and informational support sector because of the constant development of technologies and the enhancement of legislation in many countries regarding authors' rights, patenting and intellectual property, which encourages the search for new possibilities of reducing corporate expenses and expanding sales markets and influence. Aim and tasks. The article is aimed at examining key globalization processes in the development of strategic alliances of transnational companies in the period of economy digitalization and providing recommendations for improving ecological and economic situations caused by globalization in developing countries. Results. The article analyzes key risks caused by globalization processes, Ukraine’s current situation and future trends. It analyzes Ukraine’s major transnational companies and their operating strategies, develops an activity scheme of donor countries of transnational corporations and recipient countries that most frequently serve as a financial or resource potential for the company. One has advanced an assessment model of the globalization level in the country, developed the table of globalization effects. Using KOF Globalisation Index, one has made a forecast for the future of Ukraine and other countries, provided recommendations for improving its calculation by putting an index of ecological impact of international companies on the situation in the country and the ecosystem before and after company’s entrance to the national market. Conclusions. Digital globalization processes increase the impact on international markets and establish a separate market of international digital services. Therefore, the establishment of strategic alliances based on digitalization and intelligent technologies enhances the efficiency of activities of transnational companies but requires further advancement of institutional support in the development of regulated rules of conduct on the information market. Following the analysis results, one has found out that the core problem of international companies operating in the territory of developing countries is the irrational use of natural resources. One has proven that, taking into account the level of globalization, it is viable to estimate the ecological impact of international companies on the ecosystem state in the given country, examine changes caused by globalization processes in natural systems as a result of social and political globalization changes in order to protect the economy and natural resources from the irrational use.
{"title":"Digital Globalization in the International Development of Strategic Alliances","authors":"I. Mikhno, V. Koval, I. Sedikova, V. Kotlubai","doi":"10.31520/2616-7107/2022.6.1-2","DOIUrl":"https://doi.org/10.31520/2616-7107/2022.6.1-2","url":null,"abstract":"Abstract. Over the past century, the rate of globalization has substantially grown due to the increasing impact of transnational companies, development of digital communications systems, integration of new technologies and the increasing need for rapid response to changes by transforming life orientations of society. Establishment of strategic alliances and enlargement of international companies are becoming more relevant in the digital services and informational support sector because of the constant development of technologies and the enhancement of legislation in many countries regarding authors' rights, patenting and intellectual property, which encourages the search for new possibilities of reducing corporate expenses and expanding sales markets and influence. \u0000Aim and tasks. The article is aimed at examining key globalization processes in the development of strategic alliances of transnational companies in the period of economy digitalization and providing recommendations for improving ecological and economic situations caused by globalization in developing countries. \u0000Results. The article analyzes key risks caused by globalization processes, Ukraine’s current situation and future trends. It analyzes Ukraine’s major transnational companies and their operating strategies, develops an activity scheme of donor countries of transnational corporations and recipient countries that most frequently serve as a financial or resource potential for the company. One has advanced an assessment model of the globalization level in the country, developed the table of globalization effects. Using KOF Globalisation Index, one has made a forecast for the future of Ukraine and other countries, provided recommendations for improving its calculation by putting an index of ecological impact of international companies on the situation in the country and the ecosystem before and after company’s entrance to the national market. \u0000Conclusions. Digital globalization processes increase the impact on international markets and establish a separate market of international digital services. Therefore, the establishment of strategic alliances based on digitalization and intelligent technologies enhances the efficiency of activities of transnational companies but requires further advancement of institutional support in the development of regulated rules of conduct on the information market. Following the analysis results, one has found out that the core problem of international companies operating in the territory of developing countries is the irrational use of natural resources. One has proven that, taking into account the level of globalization, it is viable to estimate the ecological impact of international companies on the ecosystem state in the given country, examine changes caused by globalization processes in natural systems as a result of social and political globalization changes in order to protect the economy and natural resources from the irrational use. ","PeriodicalId":29705,"journal":{"name":"Economics Ecology Socium","volume":"1 1","pages":""},"PeriodicalIF":0.3,"publicationDate":"2022-03-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72500398","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-03-20DOI: 10.31520/2616-7107/2022.6.1-4
Ju. Yereshko, Iryna Ageieva, O. Gura, O. Tkach
Introduction. In а modern world, higher education institutions (HEIs) play a key role in the development of science, technology, industry, economics and, most importantly, the development of humans, their individual and social consciousness, which are key innovative resources for sustainable development. At the same time, the specificity of the HEIs’ intellectual capital leads to the formulation of a paradox: higher education is both the most and the least (at least domestic one) intellectualized economic structure. HEIs are a source of knowledge, their staff, students and graduates – its carriers and, at the same time, domestic universities are stagnating in their development, not using this knowledge as a value-generating income factor. Aim and tasks. The purpose of the study is to develop a model in order to analyze the formation and implementation of HEIs’ intellectual capital in the entire structure of their economic activities. The model is proposed in order to identify the motives and ways of its development and the awareness of its main feature – a dual-natured direction, manifested for universities, scientific and teaching staff, students, business and state. Results. The article deals with an analysis of possible directions for achieving the goals of the HEI in the implementation of its chosen business model, as well as the relationship of elements of intellectual capital, should be based on the proposed model, which allows its management to ensure the synergistic effect of the totality of its components. Conclusions. The study presents the main sources of innovative advantage, and also describes how the intellectual capital of the HEI is related to its market value. It is a process of commercialization of knowledge, which generates intellectual capital at the HEI, giving it not only scientific and educational value, but also market value. Collaboration between HEIs and industry offers researchers the opportunity to increase the value of their intellectual capital through monetary or contextual support for research, which contributes to their greater scientific productivity. As for students, this allows them, in particular, to gain practice, learn to apply theoretical knowledge in practice and respond to business needs.
{"title":"The Dual-Natured Direction of Intellectual Capital Formation in the System of Higher Education","authors":"Ju. Yereshko, Iryna Ageieva, O. Gura, O. Tkach","doi":"10.31520/2616-7107/2022.6.1-4","DOIUrl":"https://doi.org/10.31520/2616-7107/2022.6.1-4","url":null,"abstract":"Introduction. In а modern world, higher education institutions (HEIs) play a key role in the development of science, technology, industry, economics and, most importantly, the development of humans, their individual and social consciousness, which are key innovative resources for sustainable development. At the same time, the specificity of the HEIs’ intellectual capital leads to the formulation of a paradox: higher education is both the most and the least (at least domestic one) intellectualized economic structure. HEIs are a source of knowledge, their staff, students and graduates – its carriers and, at the same time, domestic universities are stagnating in their development, not using this knowledge as a value-generating income factor. \u0000Aim and tasks. The purpose of the study is to develop a model in order to analyze the formation and implementation of HEIs’ intellectual capital in the entire structure of their economic activities. The model is proposed in order to identify the motives and ways of its development and the awareness of its main feature – a dual-natured direction, manifested for universities, scientific and teaching staff, students, business and state. \u0000Results. The article deals with an analysis of possible directions for achieving the goals of the HEI in the implementation of its chosen business model, as well as the relationship of elements of intellectual capital, should be based on the proposed model, which allows its management to ensure the synergistic effect of the totality of its components. \u0000Conclusions. The study presents the main sources of innovative advantage, and also describes how the intellectual capital of the HEI is related to its market value. It is a process of commercialization of knowledge, which generates intellectual capital at the HEI, giving it not only scientific and educational value, but also market value. Collaboration between HEIs and industry offers researchers the opportunity to increase the value of their intellectual capital through monetary or contextual support for research, which contributes to their greater scientific productivity. As for students, this allows them, in particular, to gain practice, learn to apply theoretical knowledge in practice and respond to business needs.","PeriodicalId":29705,"journal":{"name":"Economics Ecology Socium","volume":"86 1","pages":""},"PeriodicalIF":0.3,"publicationDate":"2022-03-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72905679","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-12-31DOI: 10.31520/2616-7107/2021.5.4-5
D. Nowak, L. Dolinskyi, Kristina Filipishyna
Introduction. Digital transformations that have occurred in socio-economic development of entire society have been proven, so that direct consumers of digital products and services are population gaining access to the Internet, certain applications, programs and databases that help to improve the quality of life, make it more comfortable in conditions of turbulent development and quarantine restrictions caused by the COVID-19 pandemic. Development of digital opportunities has emphasized importance of supporting this area from regulatory and legislative framework, in particular its improvement and regulation, which will be reflected in improving population’s well-being and regional development. Aim and tasks. The aim of the article is devoted to consideration of theoretical and practical foundations of ongoing changes in the economy of territorial economic systems under the influence of rapid spread of innovative technologies, in particular digital transformations and digital challenges, their impact on regional development. Results. In the given article we have considered approaches and individual directions concerning certain changes in socio-economic direction of society’s development under the influence of digital transformations. The factors and indicators influencing region’s level of assessment of digital capabilities are indicated. A possible scenario for transformation of digital economy is given, taking into account forms of involvement in digitalization process contributing to the development of digital network and business, formation of new approaches to sustainable strategic development of the regional economy. The role of investment component in promoting and developing digital opportunities, which are reflected in population’s social well-being, has been proven. It has been established that the digital development of society is formed under the influence of the relationship between government and business, the use of the latest information technologies. Conclusions. The widespread dissemination and implementation of digital opportunities is the key to sustainable development of the region, which affects the improvement of business, interaction with the authorities and the growth of the population's well-being. Expanding access to the Internet, levelling user opportunities will accelerate implementation of digital economy and achievement of positive socio-economic changes. It is digitalization of the economy and society that is the main tool for development. A systematic approach to the usage of digital technologies will act as a stimulating factor in the development of society and economy at different levels: national, regional (territorial) and local. In addition, the systematic usage of digital technologies has an impact on raising the level and improving population’s living conditions.
{"title":"Digital challenges in the economy and their impact on regional development","authors":"D. Nowak, L. Dolinskyi, Kristina Filipishyna","doi":"10.31520/2616-7107/2021.5.4-5","DOIUrl":"https://doi.org/10.31520/2616-7107/2021.5.4-5","url":null,"abstract":"Introduction. Digital transformations that have occurred in socio-economic development of entire society have been proven, so that direct consumers of digital products and services are population gaining access to the Internet, certain applications, programs and databases that help to improve the quality of life, make it more comfortable in conditions of turbulent development and quarantine restrictions caused by the COVID-19 pandemic. Development of digital opportunities has emphasized importance of supporting this area from regulatory and legislative framework, in particular its improvement and regulation, which will be reflected in improving population’s well-being and regional development. \u0000Aim and tasks. The aim of the article is devoted to consideration of theoretical and practical foundations of ongoing changes in the economy of territorial economic systems under the influence of rapid spread of innovative technologies, in particular digital transformations and digital challenges, their impact on regional development. \u0000Results. In the given article we have considered approaches and individual directions concerning certain changes in socio-economic direction of society’s development under the influence of digital transformations. The factors and indicators influencing region’s level of assessment of digital capabilities are indicated. A possible scenario for transformation of digital economy is given, taking into account forms of involvement in digitalization process contributing to the development of digital network and business, formation of new approaches to sustainable strategic development of the regional economy. The role of investment component in promoting and developing digital opportunities, which are reflected in population’s social well-being, has been proven. It has been established that the digital development of society is formed under the influence of the relationship between government and business, the use of the latest information technologies. \u0000Conclusions. The widespread dissemination and implementation of digital opportunities is the key to sustainable development of the region, which affects the improvement of business, interaction with the authorities and the growth of the population's well-being. Expanding access to the Internet, levelling user opportunities will accelerate implementation of digital economy and achievement of positive socio-economic changes. It is digitalization of the economy and society that is the main tool for development. A systematic approach to the usage of digital technologies will act as a stimulating factor in the development of society and economy at different levels: national, regional (territorial) and local. In addition, the systematic usage of digital technologies has an impact on raising the level and improving population’s living conditions.","PeriodicalId":29705,"journal":{"name":"Economics Ecology Socium","volume":"723 1","pages":""},"PeriodicalIF":0.3,"publicationDate":"2021-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78244670","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-12-31DOI: 10.31520/2616-7107/2021.5.4-3
Fadil Mušinović
Introduction. During the Covid-19 pandemic, a crisis unmatched that will have significant negative consequences and encompass the social, economic and environmental environment and its consequences affect organizations in both the private and public sectors. The Covid-19 pandemic has a significant impact on the population and their lives, and therefore on their organizational effectiveness in overcoming the crisis. The crisis has caused a number of uncertainties and confusion related to workers' risks and the adoption of measures to overcome them. In the face of uncertainty, it is even more difficult to manage organizations that do not have properly developed, recognizable and competent crisis management and communication. Aim and tasks. The purpose of the study was to highlight the pandemic-induced problems and to contribute to the adoption of measures related to the functioning of the organizations. Additionally, the aim was also to establish the connection between the introduction of new forms of work and the shortage of the staff. Main goal of this research was to analyse functioning of the crisis management in selected organizations during the Covid-19 pandemic. Results. The results of the study conducted via an online questionnaire showed that crisis management and communication are adequately adopted in the organizations in question, but shortcomings were nevertheless disclosed. They are a consequence of the specificity of the crisis and the lack of knowledge of how to operate under such conditions. Participants of the survey estimated that the pandemic raised thus far investigated issues and that crisis management and communication in the organization was better trained to operate and take crisis measures in cases other than the epidemic. Conclusions. The article proposes an analysis of the entire operation of management during the pandemic, a review of all organizational acts in the field of crisis management, their modernization, and additional training and education in crisis management by exchanging practices of other organizations. However, the state, as the holder of measures during the pandemic, must adopt appropriate legal acts, which will be the base for organizations in the economy and the public sector to take appropriate measures. Organizational management during the pandemic must be flexible, innovative and focused on a healthy work environment.
{"title":"Organizational management with the crisis of the Covid-19 pandemic","authors":"Fadil Mušinović","doi":"10.31520/2616-7107/2021.5.4-3","DOIUrl":"https://doi.org/10.31520/2616-7107/2021.5.4-3","url":null,"abstract":"Introduction. During the Covid-19 pandemic, a crisis unmatched that will have significant negative consequences and encompass the social, economic and environmental environment and its consequences affect organizations in both the private and public sectors. The Covid-19 pandemic has a significant impact on the population and their lives, and therefore on their organizational effectiveness in overcoming the crisis. The crisis has caused a number of uncertainties and confusion related to workers' risks and the adoption of measures to overcome them. In the face of uncertainty, it is even more difficult to manage organizations that do not have properly developed, recognizable and competent crisis management and communication. \u0000Aim and tasks. The purpose of the study was to highlight the pandemic-induced problems and to contribute to the adoption of measures related to the functioning of the organizations. Additionally, the aim was also to establish the connection between the introduction of new forms of work and the shortage of the staff. Main goal of this research was to analyse functioning of the crisis management in selected organizations during the Covid-19 pandemic. \u0000Results. The results of the study conducted via an online questionnaire showed that crisis management and communication are adequately adopted in the organizations in question, but shortcomings were nevertheless disclosed. They are a consequence of the specificity of the crisis and the lack of knowledge of how to operate under such conditions. Participants of the survey estimated that the pandemic raised thus far investigated issues and that crisis management and communication in the organization was better trained to operate and take crisis measures in cases other than the epidemic. \u0000Conclusions. The article proposes an analysis of the entire operation of management during the pandemic, a review of all organizational acts in the field of crisis management, their modernization, and additional training and education in crisis management by exchanging practices of other organizations. However, the state, as the holder of measures during the pandemic, must adopt appropriate legal acts, which will be the base for organizations in the economy and the public sector to take appropriate measures. Organizational management during the pandemic must be flexible, innovative and focused on a healthy work environment.","PeriodicalId":29705,"journal":{"name":"Economics Ecology Socium","volume":"14 1","pages":""},"PeriodicalIF":0.3,"publicationDate":"2021-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81657481","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-12-31DOI: 10.31520/2616-7107/2021.5.4-1
Caleb Lugar, Rajko Novićević
Introduction. Employee creativity is an essential element that is required for the dynamic work environments. Companies able to foster employee creativity through knowledge based human resource management practices enhance their competitive advantage over companies who stifle employee creativity. The conceptual model in this paper aims to demonstrate that knowledge sharing and knowledge hiding mediate the relationship between knowledge based human resource management practices and employee creativity. The implementation of knowledge based human resource management practices can lead to increased knowledge sharing and decreased knowledge hiding both of which will result in increased employee creativity. Aim and tasks. The aim of this paper is to build on social exchange theory as the foundational theory for understanding how knowledge based human resource management practices impact employee creativity through the mediators of knowledge sharing and knowledge hiding. Results. In previous research have studied the relationship between knowledge behaviors and employee creativity while accounting for motivational climate, transformational leadership, goal orientation, and various human resource management practices. Many of these factors have traditionally been exogenous variables to the individual employees working in organizations. While social exchange theory implies a dyadic exchange, it would be relevant to examine the endogenous variants within employees that might contribute to differential reactions to reciprocation. It is substantiated that individuals that have different exchange ideologies react differently to organizational support. The first section includes a literature review of the constructs - knowledge based human resource management, knowledge sharing, knowledge hiding, and employee creativity. The second section provides a model focusing on the impact social exchange theory has on the constructs, including theory-based propositions. In reviewing this model, the paper makes theoretical contributions to the constructs and social exchange theory. The final section provides direction for future research and discussion. Conclusions. Creativity is the fuel for the 21st century’s competitive organizations. Researchers and practitioners alike rely on creativity to solve problems and improve products and services around the globe. It is important to deeply understand the antecedents necessary for creativity so that organizations employ systems and process that are conducive for creative production. From the theoretical foundations laid out in this paper, knowledge based human resource management practices will increase employee creativity through increased knowledge sharing and decreased knowledge hiding.
{"title":"Knowledge based human resource management and employee creativity: the dual mediation of knowledge sharing and knowledge hiding","authors":"Caleb Lugar, Rajko Novićević","doi":"10.31520/2616-7107/2021.5.4-1","DOIUrl":"https://doi.org/10.31520/2616-7107/2021.5.4-1","url":null,"abstract":"Introduction. Employee creativity is an essential element that is required for the dynamic work environments. Companies able to foster employee creativity through knowledge based human resource management practices enhance their competitive advantage over companies who stifle employee creativity. The conceptual model in this paper aims to demonstrate that knowledge sharing and knowledge hiding mediate the relationship between knowledge based human resource management practices and employee creativity. The implementation of knowledge based human resource management practices can lead to increased knowledge sharing and decreased knowledge hiding both of which will result in increased employee creativity. \u0000Aim and tasks. The aim of this paper is to build on social exchange theory as the foundational theory for understanding how knowledge based human resource management practices impact employee creativity through the mediators of knowledge sharing and knowledge hiding. \u0000Results. In previous research have studied the relationship between knowledge behaviors and employee creativity while accounting for motivational climate, transformational leadership, goal orientation, and various human resource management practices. Many of these factors have traditionally been exogenous variables to the individual employees working in organizations. While social exchange theory implies a dyadic exchange, it would be relevant to examine the endogenous variants within employees that might contribute to differential reactions to reciprocation. It is substantiated that individuals that have different exchange ideologies react differently to organizational support. The first section includes a literature review of the constructs - knowledge based human resource management, knowledge sharing, knowledge hiding, and employee creativity. The second section provides a model focusing on the impact social exchange theory has on the constructs, including theory-based propositions. In reviewing this model, the paper makes theoretical contributions to the constructs and social exchange theory. The final section provides direction for future research and discussion. \u0000Conclusions. Creativity is the fuel for the 21st century’s competitive organizations. Researchers and practitioners alike rely on creativity to solve problems and improve products and services around the globe. It is important to deeply understand the antecedents necessary for creativity so that organizations employ systems and process that are conducive for creative production. From the theoretical foundations laid out in this paper, knowledge based human resource management practices will increase employee creativity through increased knowledge sharing and decreased knowledge hiding.","PeriodicalId":29705,"journal":{"name":"Economics Ecology Socium","volume":"1 1","pages":""},"PeriodicalIF":0.3,"publicationDate":"2021-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90350060","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-12-31DOI: 10.31520/2616-7107/2021.5.4-4
E. Kharaishvili, Mirza Suknishvili
Introduction. The article substantiates the importance of agribusiness development in solving the problem of food security and food security of the population. Economic indicators of agribusiness development in Georgia and Adjara region are analized, the role of determining agribusiness development trends and perspective directions in strengthening the rural community, especially in terms of rural community involvement in business is assessed. Therefore, in order to overcome the problem of agribusiness development, it is of special importance to study the development trends of agribusiness, to identify the current challenges in this field and to develop perspective directions of development. Aim and tasks. The aim of the research is to identify modern challenges based on the study of agribusiness development trends and to make recommendations on promising development directions. Results. The paper analyzes the views of researchers on alternative models of development in the field of agribusiness, focusing on the components of the agribusiness sector as a model. The article presents the conclusions and develops recommendations on overcoming the factors hindering the development of agribusiness and ways of future development. The development of the cooperation process is also important for the growth of scale and its place in international markets. Quantitative research has shown that 86% of farmers are not united in cooperatives. Even those who are united from year to year with less turnover of financial and material resources are recorded in the respective organizations, indicating their less life skills. Conclusions. Quantitative and qualitative research on the example of Adjara region (Georgia) has been conducted to identify the trends and characteristics of agribusiness development and to determine future directions. A questionnaire has been developed for the quantitative research and beneficiaries have been selected from the database of employees in the field of agribusiness, while for the qualitative research a group of experts has been identified and focus groups have been formed from these groups to clarify some problems. Quantitative research has identified the current challenges of agribusiness development, while qualitative research has identified the specific causes of the problems and the characteristics that will determine the future priorities of agribusiness development in the Adjara region.
{"title":"Agribusiness development trends in Georgia: modern challenges and solutions","authors":"E. Kharaishvili, Mirza Suknishvili","doi":"10.31520/2616-7107/2021.5.4-4","DOIUrl":"https://doi.org/10.31520/2616-7107/2021.5.4-4","url":null,"abstract":"Introduction. The article substantiates the importance of agribusiness development in solving the problem of food security and food security of the population. Economic indicators of agribusiness development in Georgia and Adjara region are analized, the role of determining agribusiness development trends and perspective directions in strengthening the rural community, especially in terms of rural community involvement in business is assessed. Therefore, in order to overcome the problem of agribusiness development, it is of special importance to study the development trends of agribusiness, to identify the current challenges in this field and to develop perspective directions of development. \u0000Aim and tasks. The aim of the research is to identify modern challenges based on the study of agribusiness development trends and to make recommendations on promising development directions. \u0000Results. The paper analyzes the views of researchers on alternative models of development in the field of agribusiness, focusing on the components of the agribusiness sector as a model. The article presents the conclusions and develops recommendations on overcoming the factors hindering the development of agribusiness and ways of future development. The development of the cooperation process is also important for the growth of scale and its place in international markets. Quantitative research has shown that 86% of farmers are not united in cooperatives. Even those who are united from year to year with less turnover of financial and material resources are recorded in the respective organizations, indicating their less life skills. \u0000Conclusions. Quantitative and qualitative research on the example of Adjara region (Georgia) has been conducted to identify the trends and characteristics of agribusiness development and to determine future directions. A questionnaire has been developed for the quantitative research and beneficiaries have been selected from the database of employees in the field of agribusiness, while for the qualitative research a group of experts has been identified and focus groups have been formed from these groups to clarify some problems. Quantitative research has identified the current challenges of agribusiness development, while qualitative research has identified the specific causes of the problems and the characteristics that will determine the future priorities of agribusiness development in the Adjara region.","PeriodicalId":29705,"journal":{"name":"Economics Ecology Socium","volume":"30 1","pages":""},"PeriodicalIF":0.3,"publicationDate":"2021-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90535458","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-12-21DOI: 10.31520/2616-7107/2021.5.4-2
Annija Harmsone
Introduction. The article explores several factors of corporate social responsibility (CSR) influencing various aspects of a company, including profitability, efficiency and employee attitude and wellbeing, further focusing on employee CSR awareness. Approximately Aim and tasks. The aim of the article is to determine how companies CSR efforts are affecting the company results and employee awareness, with discussion of latest available researches from 2020 and to date, including an analysis of employee awareness in a selected company in Latvia during 2020. A quantitative method is used in this study, using a questionnaire for analysis of Atea Global Services Ltd employee CSR awareness, conducted by the companies CSR Ambassadors team. Data was collected from the internal survey conducted among employees of the Atea Group company in Latvia, with the total of 108 company employed participants out of 465 existing employees. The main tasks of the article are 1) to indicate and discuss possible outcomes of companies CSR efforts and employee awareness based on existing recent researches; 2) to understand whether employees were aware of the existing “CSR Ambassadors” initiative in Atea Global Services Ltd. (AGS) based on the conducted survey; 3) to determine the employee level of knowledge of the general CSR concept and company’s CSR initiatives based on their self-evaluation. Results. The article provides several theoretical aspects of CSR effort outcomes, including increased profitability, customer satisfaction, employee retention and an overall positive company image. Findings show that the employees of Atea Global Services are largely aware of the CSR Ambassadors initiative, but show a lack of understanding of the performed activities due to moderate level of internal communication on the subject. Conclusions. The theoretical research indicate several positive aspects for companies to support their CSR efforts as well as some possible implications. Theoretical research results may be applied to understand CSR efforts in various industries, however, the practical example of employee awareness research is limited to a single company in the information technology industry and requires further research for wider application.
介绍。本文探讨了企业社会责任(CSR)影响公司各个方面的几个因素，包括盈利能力、效率和员工的态度和幸福感，并进一步关注员工的CSR意识。大致目标和任务。本文的目的是确定公司的企业社会责任努力如何影响公司业绩和员工意识，讨论从2020年到目前为止的最新研究，包括分析2020年期间拉脱维亚一家选定公司的员工意识。本研究采用定量方法，采用问卷调查分析Atea Global Services Ltd员工的企业社会责任意识，由公司的企业社会责任大使团队进行。数据来自对拉脱维亚Atea集团公司员工进行的内部调查，在465名现有员工中，共有108名公司雇佣了参与者。本文的主要任务是:1)在现有研究的基础上，指出并讨论企业社会责任努力和员工意识可能产生的结果;2)根据调查结果，了解员工是否了解Atea Global Services Ltd. (AGS)现有的“CSR大使”计划;3)根据员工的自我评价，确定员工对企业社会责任总体概念和企业社会责任举措的了解程度。结果。本文提供了企业社会责任成果的几个理论方面，包括增加的盈利能力、客户满意度、员工保留率和整体积极的公司形象。调查结果显示，Atea Global Services的员工大多意识到企业社会责任大使的倡议，但由于内部沟通水平不高，他们对所开展的活动缺乏了解。结论。理论研究指出了企业支持其企业社会责任努力的几个积极方面以及一些可能的启示。理论研究结果可以应用于了解各行业的企业社会责任努力，但员工意识研究的实际案例仅限于信息技术行业的单个公司，需要进一步研究才能更广泛地应用。
{"title":"Analysis of CSR effort affect on company results and employee awareness","authors":"Annija Harmsone","doi":"10.31520/2616-7107/2021.5.4-2","DOIUrl":"https://doi.org/10.31520/2616-7107/2021.5.4-2","url":null,"abstract":"Introduction. The article explores several factors of corporate social responsibility (CSR) influencing various aspects of a company, including profitability, efficiency and employee attitude and wellbeing, further focusing on employee CSR awareness. Approximately \u0000Aim and tasks. The aim of the article is to determine how companies CSR efforts are affecting the company results and employee awareness, with discussion of latest available researches from 2020 and to date, including an analysis of employee awareness in a selected company in Latvia during 2020. A quantitative method is used in this study, using a questionnaire for analysis of Atea Global Services Ltd employee CSR awareness, conducted by the companies CSR Ambassadors team. Data was collected from the internal survey conducted among employees of the Atea Group company in Latvia, with the total of 108 company employed participants out of 465 existing employees. The main tasks of the article are 1) to indicate and discuss possible outcomes of companies CSR efforts and employee awareness based on existing recent researches; 2) to understand whether employees were aware of the existing “CSR Ambassadors” initiative in Atea Global Services Ltd. (AGS) based on the conducted survey; 3) to determine the employee level of knowledge of the general CSR concept and company’s CSR initiatives based on their self-evaluation. \u0000Results. The article provides several theoretical aspects of CSR effort outcomes, including increased profitability, customer satisfaction, employee retention and an overall positive company image. Findings show that the employees of Atea Global Services are largely aware of the CSR Ambassadors initiative, but show a lack of understanding of the performed activities due to moderate level of internal communication on the subject. \u0000Conclusions. The theoretical research indicate several positive aspects for companies to support their CSR efforts as well as some possible implications. Theoretical research results may be applied to understand CSR efforts in various industries, however, the practical example of employee awareness research is limited to a single company in the information technology industry and requires further research for wider application.","PeriodicalId":29705,"journal":{"name":"Economics Ecology Socium","volume":"66 1","pages":""},"PeriodicalIF":0.3,"publicationDate":"2021-12-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79989510","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-09-20DOI: 10.31520/2616-7107/2021.5.3-1
Olha Rudenok, O. Laktionova, V. Orlov
Introduction. The ownership structure affects the stock market liquidity. In turn, stock markets are a key lever to ensure the efficient functioning and development of the country's economy as a whole. Recently, the widespread use of securities market instruments has become of paramount importance due to the limited opportunities for self-financing of enterprises and the shortage of external sources of financing. The performance of the stock market of its functions is largely determined by its characteristics, the implementation of which leads to positive structural changes in the economy. Aim and tasks. The main purpose of the article is to determine the correlation between the ownership concentration of corporations and the level of stock market development in Ukraine and the world. Results. The comprehensive characteristics of financial systems are characterized by the measurement of four categories for one of the key components of the financial sector, namely financial markets. Such categories include the depth of the financial market, the level of use of financial markets among individuals, the efficiency of financial markets in the provision of financial services, and the volatility of financial markets. A general description of the development of financial markets is given, it is determined that developing financial systems tend to be less deep as well as somewhat less efficient, their access and stability are on par with those of developed countries. The article shows the results of correlation-regression analysis between ownership concentration and the above categories, taking into account data from different countries. Conclusions. To determine the depth of financial markets, the article used the capitalization of the stock market as a percentage of GDP. Increasing the level of concentration of ownership leads to a decrease in this indicator. The inverse relationship between ownership concentration and characteristics of access to financial services has been confirmed. To analyze the efficiency of financial markets, this paper uses the ratio of the total value of traded shares to the average value of market capitalization for the analyzed period. The inverse relationship between ownership concentration and characteristics of efficiency has been also confirmed. Stability has a particularly low correlation with the other three characteristics. As a result, the direct relationship between ownership concentration and characteristics of financial markets stability has been confirmed.
{"title":"Ownership concentration of corporations and the level of stock market development","authors":"Olha Rudenok, O. Laktionova, V. Orlov","doi":"10.31520/2616-7107/2021.5.3-1","DOIUrl":"https://doi.org/10.31520/2616-7107/2021.5.3-1","url":null,"abstract":"Introduction. The ownership structure affects the stock market liquidity. In turn, stock markets are a key lever to ensure the efficient functioning and development of the country's economy as a whole. Recently, the widespread use of securities market instruments has become of paramount importance due to the limited opportunities for self-financing of enterprises and the shortage of external sources of financing. The performance of the stock market of its functions is largely determined by its characteristics, the implementation of which leads to positive structural changes in the economy. \u0000Aim and tasks. The main purpose of the article is to determine the correlation between the ownership concentration of corporations and the level of stock market development in Ukraine and the world. \u0000Results. The comprehensive characteristics of financial systems are characterized by the measurement of four categories for one of the key components of the financial sector, namely financial markets. Such categories include the depth of the financial market, the level of use of financial markets among individuals, the efficiency of financial markets in the provision of financial services, and the volatility of financial markets. A general description of the development of financial markets is given, it is determined that developing financial systems tend to be less deep as well as somewhat less efficient, their access and stability are on par with those of developed countries. The article shows the results of correlation-regression analysis between ownership concentration and the above categories, taking into account data from different countries. \u0000Conclusions. To determine the depth of financial markets, the article used the capitalization of the stock market as a percentage of GDP. Increasing the level of concentration of ownership leads to a decrease in this indicator. The inverse relationship between ownership concentration and characteristics of access to financial services has been confirmed. To analyze the efficiency of financial markets, this paper uses the ratio of the total value of traded shares to the average value of market capitalization for the analyzed period. The inverse relationship between ownership concentration and characteristics of efficiency has been also confirmed. Stability has a particularly low correlation with the other three characteristics. As a result, the direct relationship between ownership concentration and characteristics of financial markets stability has been confirmed.","PeriodicalId":29705,"journal":{"name":"Economics Ecology Socium","volume":"11 1","pages":""},"PeriodicalIF":0.3,"publicationDate":"2021-09-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75864150","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-09-19DOI: 10.31520/2616-7107/2021.5.3-3
I. Arsawan, I. Supartha, Ni Wayan Rustiarini, Putu Ayu Sita Laksmi
Introduction. The Covid 19 pandemic has challenged SMEs to continue to innovate, develop and maintain sustainability. Various efforts have been made to be able to have performance and competitiveness. Covid-19 provides lessons on how SMEs must be agile and resilient to turbulence, especially the global crisis so that they can carry out risk mapping, take important lessons and build relevant strategies. Aims and Task. This study aims to map the literature on organizational agility and organizational resilience in SMEs by conducting a bibliography analysis on 932 papers published in 2010-2021 in the Scopus bibliography. Result. Based on the results of the network visualization, there are seven main clusters. From the results of the overlay visualization, a supply chain is the most important variable concerning organizational agility and organizational resilience in realizing sustainability. Meanwhile, in the density visualization aspect, variables with a very high probability as future research topics such as supply management, supply chain sustainability, sustainable development goals, human resource management, chain resilience, sustainable supply chain management, agile, urban resilience, visibility, supply chain design, resilient supplier selection, and enterprise architecture. Conclusion. The present study produces a visual trend of organizational agility and resilience in SMEs sector that can be used as a references, guidance and proposed for further researchers in exploring research topics, bridging the gap in the literature, building expertise in related topic, increasing the number of citations, and enhance international networking among authors all around the world. Research regarding organizational agility and resilience could be a strategic and essential because of every organization need to sustain their existance, minimize potential risk both financial and non-financial.
{"title":"SMEs resiliencies and agility during pandemic Covid-19: a bibliography analysis and future directions","authors":"I. Arsawan, I. Supartha, Ni Wayan Rustiarini, Putu Ayu Sita Laksmi","doi":"10.31520/2616-7107/2021.5.3-3","DOIUrl":"https://doi.org/10.31520/2616-7107/2021.5.3-3","url":null,"abstract":"Introduction. The Covid 19 pandemic has challenged SMEs to continue to innovate, develop and maintain sustainability. Various efforts have been made to be able to have performance and competitiveness. Covid-19 provides lessons on how SMEs must be agile and resilient to turbulence, especially the global crisis so that they can carry out risk mapping, take important lessons and build relevant strategies. \u0000Aims and Task. This study aims to map the literature on organizational agility and organizational resilience in SMEs by conducting a bibliography analysis on 932 papers published in 2010-2021 in the Scopus bibliography. \u0000Result. Based on the results of the network visualization, there are seven main clusters. From the results of the overlay visualization, a supply chain is the most important variable concerning organizational agility and organizational resilience in realizing sustainability. Meanwhile, in the density visualization aspect, variables with a very high probability as future research topics such as supply management, supply chain sustainability, sustainable development goals, human resource management, chain resilience, sustainable supply chain management, agile, urban resilience, visibility, supply chain design, resilient supplier selection, and enterprise architecture. \u0000Conclusion. The present study produces a visual trend of organizational agility and resilience in SMEs sector that can be used as a references, guidance and proposed for further researchers in exploring research topics, bridging the gap in the literature, building expertise in related topic, increasing the number of citations, and enhance international networking among authors all around the world. Research regarding organizational agility and resilience could be a strategic and essential because of every organization need to sustain their existance, minimize potential risk both financial and non-financial.","PeriodicalId":29705,"journal":{"name":"Economics Ecology Socium","volume":"16 1","pages":""},"PeriodicalIF":0.3,"publicationDate":"2021-09-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84896016","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-09-19DOI: 10.31520/2616-7107/2021.5.3-2
L. Cherchyk, N. Khumarova
Introduction. The fundamental principles of inclusive development are equality of opportunity, availability of all types of resources, equality and fairness in the distribution of income and benefits. The main message of inclusive recreational nature management is the creation of equal opportunities for the use of natural recreational resources and areas for the well-being and quality of life of people. Realization of priorities of the organization of recreational activity is not possible without the developed institutional maintenance. Defining the leading role of state authorities and civil society representatives, which establish a system of laws, rights and responsibilities, "rules of the game" and develop a set of mechanisms for their close institutionalized interaction, it is necessary to form institutions within which public representatives reconcile contradictions and determine common interests. Aim and tasks. The purpose of the study is to study the state and develop directions for the development of institutional support for inclusive tourism and recreational nature. Results. The article examines the state of institutional support for inclusive tourist and recreational nature management in Ukraine. The essence and its content are determined, the documents according to which it is determined are analyzed. The domestic legislative and normative-legal base of regulation of nature use in general and recreational in particular is studied, where separate principles of inclusive development are laid down. At the same time, a significant layer of problems remains unresolved, including the formation of new principles, forms of management to prevent the degradation of natural recreational resources, their diversity and sustainability. The interaction of formal institutions and institutes (legislative and normative base, system of state regulation, bodies of state administration and local self-government, public organizations, approved norms and norms of nature use) and informal institutions has to promote inclusive recreational nature use. Conclusions. The study of the state and directions of development of institutional support of inclusive recreational nature management allowed to determine that the implementation of an inclusive approach requires: changing the structure and stereotype of recreational needs of people and restructuring the economy of recreational nature management; reducing economic and social inequality of people to meet their recreational needs and ensuring equal access to valuable natural recreational resources.
{"title":"Institutional provision of inclusive recreational nature management: background status and requirements","authors":"L. Cherchyk, N. Khumarova","doi":"10.31520/2616-7107/2021.5.3-2","DOIUrl":"https://doi.org/10.31520/2616-7107/2021.5.3-2","url":null,"abstract":"Introduction. The fundamental principles of inclusive development are equality of opportunity, availability of all types of resources, equality and fairness in the distribution of income and benefits. The main message of inclusive recreational nature management is the creation of equal opportunities for the use of natural recreational resources and areas for the well-being and quality of life of people. Realization of priorities of the organization of recreational activity is not possible without the developed institutional maintenance. Defining the leading role of state authorities and civil society representatives, which establish a system of laws, rights and responsibilities, \"rules of the game\" and develop a set of mechanisms for their close institutionalized interaction, it is necessary to form institutions within which public representatives reconcile contradictions and determine common interests. \u0000Aim and tasks. The purpose of the study is to study the state and develop directions for the development of institutional support for inclusive tourism and recreational nature. \u0000Results. The article examines the state of institutional support for inclusive tourist and recreational nature management in Ukraine. The essence and its content are determined, the documents according to which it is determined are analyzed. The domestic legislative and normative-legal base of regulation of nature use in general and recreational in particular is studied, where separate principles of inclusive development are laid down. At the same time, a significant layer of problems remains unresolved, including the formation of new principles, forms of management to prevent the degradation of natural recreational resources, their diversity and sustainability. The interaction of formal institutions and institutes (legislative and normative base, system of state regulation, bodies of state administration and local self-government, public organizations, approved norms and norms of nature use) and informal institutions has to promote inclusive recreational nature use. \u0000Conclusions. The study of the state and directions of development of institutional support of inclusive recreational nature management allowed to determine that the implementation of an inclusive approach requires: changing the structure and stereotype of recreational needs of people and restructuring the economy of recreational nature management; reducing economic and social inequality of people to meet their recreational needs and ensuring equal access to valuable natural recreational resources.","PeriodicalId":29705,"journal":{"name":"Economics Ecology Socium","volume":"68 1","pages":""},"PeriodicalIF":0.3,"publicationDate":"2021-09-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87126098","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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