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1
Puhachova, M. V. "Using International Ranks and Business Activity Indicators for Economic Development Forecasting." Statistics of Ukraine 83, no. 4 (December 17, 2018): 34–43. http://dx.doi.org/10.31767/su.4(83)2018.04.04.
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The majority of countries use several well-known integral indicators for economic forecasting purposes, on which basis these countries’ ranks in the global economic community are computed. Apart from allowing investors to make investment decisions, such indicators and ranks help in forecasting economic development in forthcoming periods. The best known of them is Ease of Doing Business Index and Global Competitiveness Index.
The less known ones are indicators of Business Tendency Surveys (BTS), computed on the basis of data obtained from questionings of enterprise managers in various economic sectors and from studies of consumer sentiments. Yet, specialists tend to use the data from these conjuncture surveys to analyze the current economic situation in a country (total or by industry) and build short-term forecasts.
Apart from the survey indicators depicting quite clearly a situation in the economy, the most popular ones in Europe are Confidence Indicators for enterprises by economic activity, and Economic Sentiment Indicator incorporating the indicators from BTS of enterprises and consumer sentiments. These indicators are computed by the European Commission for EU member countries on monthly basis.
The article shows changes in Doing Business ranks for selected EU member countries and Ukraine. BTS indicators for industrial enterprises (estimate of production capacities; estimate of change in the production orders; estimate of the competitive position of enterprises at the internal market) are analyzed for some of these countries. A comparison of the dynamics of production capacities utilization, business confidence indicators and Doing Business rank is made for Ukraine and Bulgaria. The prognosticating capacities of BTS indicators compared with Doing Business indicator are analyzed.
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Arkhipova, M. Yu, and A. A. Cherviakova. "The Role of Small Manufacturing Enterprises in Innovation Development of the Real Sector of Economy: Economic and Statistical Study." Voprosy statistiki 29, no. 3 (July 6, 2022): 26–45. http://dx.doi.org/10.34023/2313-6383-2022-29-3-26-45.
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The aim of the economic and statistical study presented by the authors is the evaluation of the role of small manufacturing enterprises in innovation development of real sector of Russian economy. Compared to developed countries, Russia is characterized by a relatively low innovative activity of small industrial enterprises, as well as by their smaller contribution to employment and to the increase of living standards of the population. At the same time, small industrial enterprises have the highest potential for innovation growth, especially in high-tech economic activities. The similarity of small enterprises’ definition in Russia and in the European Union, the magnitude of innovative activity of small enterprises in Europe, and the development of instruments to support innovative companies make studying the European experience in stimulating the innovative activity of small enterprises in the real sector of the economy in order to adapt it to domestic practice relevant.The authors reveal the potential areas of innovative activity growth for small manufacturing enterprises on the basis of foreign experience as well as develop recommendations on support for small entrepreneurship in industrial sector. The research is based on Community Innovation Survey (CIS), national reports of European countries on the topic, the federal statistical surveys № 4 and № 2-MP provided by the Federal State Statistics Service.The study revealed key drivers of European small enterprises’ innovative activity: well-developed cooperation with other organizations, substantial investment in R&D, broad coverage of small business enterprises with support measures. Best European practices of small enterprises’ innovative activity and the analysis of the main barriers of Russian small enterprises’ innovative activity allowed to define the promising directions for supporting small business the real sector of economy of Russia: developing modernization programmes for enterprises, extending the access to borrowed financial sources, developing cooperation ties between small business enterprises. The authors highlighted growth points of innovative activity of small manufacturing enterprises that can be taken into account while developing support measures in order to increase small business’ innovative activity, create new jobs and provide population employment.
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Vovk, M. V., O. V. Kindrat, and O. Y. Hrymak. "Management of economic competition in the context of COVID-19: European initiatives and lessons for Ukraine." Scientific Messenger of LNU of Veterinary Medicine and Biotechnologies 24, no. 99 (November 27, 2022): 15–19. http://dx.doi.org/10.32718/nvlvet-e9903.
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Due to the coronavirus epidemic, a large number of changes occurred not only in social life, but also in the economy. These changes and unforeseen circumstances faced by most enterprises should encourage business entities to cooperate and coordinate their activities in order to overcome the consequences of the economic crisis. However, this was not the case in practice. After all, in business conditions with strict quarantine restrictions, enterprises were prone to both fierce competition and forced cooperation. Therefore, it should be stated that in many countries of Europe and the world in general, the pandemic has caused increased involvement of the state in the economy, and therefore a greater intensity of activities to coordinate the behaviour of business entities. This article is designed to reveal the important role of the impact of the COVID-19 pandemic on competition and competitiveness market economies. It further details what kind of changes have taken place in the field of protection of economic competition caused by the COVID-19 pandemic. The question of maintaining a healthy competitive struggle and maintaining one’s positions in the market economy in crisis conditions is revealed. It is noted that the principles of protecting the economy from external competition, ensuring food and economic security have undergone changes. It describes how enterprises cooperated with each other during the pandemic and what consequences this has for the post-Covid economy. It is indicated how important it is not to ignore the process of forming the price policy of enterprises and to carry out an analysis regarding the absence of abuse of market power or actions deliberately coordinated with competitors, or the presence of enterprises in a dominant position on the market. The reaction to the pandemic crisis in Europe on the part of the relevant state structures is shown, and the role of the Antimonopoly Committee of Ukraine in the formation and implementation of competition policy in this crisis period is revealed. European initiatives to overcome the economic crisis caused by the COVID-19 pandemic are characterized, and useful tools for overcoming it for Ukraine are presented.
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Humeniuk, V., Iu Umantsiv, A. Dligach, Н. Іванова, and H. Umantsiv. "STATE FINANCIAL SUPPORT FOR SMALL BUSINESS DURING THE CORONAVIRUS CRISIS IN EUROPEAN COUNTRIES." Financial and credit activity: problems of theory and practice 3, no. 38 (June 30, 2021): 326–32. http://dx.doi.org/10.18371/fcaptp.v3i38.237463.
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Abstract. The aim of the conducted research is elaboration of conceptual statements and formulation of practical recommendations aimed at development of the methodological bases of state financial support for small business. On the basis of the existing theoretical statements, discovery of essential characteristics, peculiarities and systematisation of the obtained results of the research, conceptual approaches to interpretation of the features of state financial support for small business during the coronavirus crisis have been suggested. Small business is an important component of the economic system of any country. It ensures formation of the complex structure of the market for goods and services, development of efficient competition and promotes addressing the needs of consumers in conditions of formation of their sovereignty. State financial support for small business in European countries is at different stages of development. In the EU countries, financial policy of small business regulation is an example of state intervention in the mechanism of market self-regulation in order to solve social and economic problems by changing the economic behaviorur of small enterprises. The formational process, strategic priorities of state financial support for small business in European countries and macroeconomic instruments for its implementation during the coronavirus crisis have been studied. Changes in the concern of the world community in forms of state financial support for small business have been detected. A comparative and analytical examination of the instruments for macroeconomic financial regulation, which are being used during the COVID-19 pandemic in Europe, has been conducted. The research shows the importance of small business in terms of solving economic and social problems of social development, outlines the situation of state financial support in the EU countries in comparison with Ukrainian small enterprises, determines the general features and differences in state regulation of entrepreneurship. The practical significance of the obtained results consists in the fact that the main scientific statements of the article can be used in practice of state and regional management of small business.
Keywords: small business, state regulation, financial support, financial policy, coronavirus crisis.
JEL Classification H12, D21, E61
Formulas: 0; fig.: 2; tabl.: 1; bibl.: 12.
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Dielini, Maryna. "STATE REGULATION OF SOCIAL AND ECONOMIC RESPONSIBILITY OF ENTREPRENEURSHIP: EUROPEAN EXPERIENCE." Economic Analysis, no. 27(4) (2017): 36–43. http://dx.doi.org/10.35774/econa2017.04.036.
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Introduction. The Ukraine’s integration into the European community is impossible without learning the experience of European countries in many spheres. Social responsibility of business becomes a significant element in strengthening the competitiveness of our enterprises and the state in general on the world level. The development of socially responsible practices can influence not only the society, but also business representatives themselves, namely: improving the image of the company, increasing the number of consumers, attracting and retaining more skilled personnel, etc. In Ukraine, the process of development of social responsibility of business circles has already begun, but it is still not enough. The state can play a significant role in the development of social practices. This scientific research is dedicated to the study of the experience of European governments in the sphere of social responsibility. The purpose. The article aims is to determine the directions of the state policy of Ukraine for the development of social and economic responsibility of entrepreneurship on the basis of European countries experience. Results. The basic world models of social responsibility of business have been investigated. The experience of European countries on state regulation in this area has been systematized. On the basis of the conducted research, we have proposed directions of the state policy in the field of regulation of social and economic responsibility of entrepreneurship in Ukraine, namely: drafting a law on social responsibility, introducing changes in tax legislation in the field of preferential taxation, increasing attention to non-financial reporting as a source of information on social company initiatives and the construction of national ratings.
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Czerwonka, Leszek, and Jacek Jaworski. "Capital structure and its determinants in companies originating from two opposite sides of the European Union: Poland and Portugal." Economics and Business Review 8 (22), no. 1 (2022): 24–49. http://dx.doi.org/10.18559/ebr.2022.1.3.
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The aim of the paper is to identify differences in enterprises’ capital structure and its determinants in Poland and Portugal. The research applies statistical methods to the financial data of 22,775 Polish enterprises and 36,625 Portuguese enterprises for the years 2010–2017. The research results show that: (i) despite several years of ongoing economic integration in the EU differences in enterprises’ capital structure in old and new countries of the community still exist, (ii) in Portugal representing the old EU enterprises are more likely to use debt than in Poland being an emerging EU economy, (iii) in Polish enterprises, tangibility, profitability, liquidity and non-debt tax shield exert a negative impact on debt; while growth and size have a positive impact; in Portugal tangibility and a non-debt tax shield show the opposite, (iv) in both countries industry growth decreases indebtedness of enterprises while financial risk results in higher debt; in addition, in Portugal the capital intensity of industry increases the share of debt in capital structure.
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Grzegorzewska, Emila. "The importance of large enterprises for the development of the furniture industry in the selected EU countries." Annals of WULS, Forestry and Wood Technology 109 (March 31, 2020): 116–25. http://dx.doi.org/10.5604/01.3001.0014.3429.
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The importance of large enterprises for the development of the furniture industry in the selected EU countries. In theoretical and empirical research, the role of small and medium-sized enterprises in the economic development of the country is usually explicitly emphasized, highlighting their importance for innovation and competitiveness of the economy. However, despite the small percentage of companies employing over 249 persons in most industries, these enterprises generate a significant value of industrial production and to a large extent create jobs. The main purpose of the research was to assess the importance of large companies for the development of the furniture industry in the selected EU countries. Five European Community countries were selected for the research, which are among the largest furniture manufacturers (Italy, Germany, Poland, Great Britain and France). A comparative analysis was carried out against all Member States of the Community, and the time range of the research covered the years 2010-2017. The analysis shows that overall, the importance of large enterprises for the development of the EU furniture industry has increased, although these trends were varied in analysed countries. The countries selected for the analysis play a significant role in creating value in production and jobs in the EU furniture industry. Enterprises with the highest level of employment are of great importance for the increase in production and the development of the labour market in this industry. These economic entities constituted less than 1% of the total functioning enterprises. The added value per employee in enterprises employing over 249 persons in the EU was clearly higher than the average for business entities in general.
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Gyamfi, Solomon, and Jan Stejskal. "Cooperating for knowledge and innovation performance: the case of selected Central and Eastern European countries." Problems and Perspectives in Management 18, no. 4 (December 11, 2020): 264–74. http://dx.doi.org/10.21511/ppm.18(4).2020.22.
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The open innovation concept thrives on knowledge and information flow; their sources for the current innovation performance of the selected Central and Eastern European (CEE) countries have since triggered research interest. This research aimed to explore the different sources of knowledge and information for innovation and the extent to which these different sources contribute to the innovation performance of small and medium-sized enterprises in some selected CEE countries. The study assesses the influence of different knowledge and information sources and their relationships in SMEs engaged in manufacturing activities for innovation performance in the selected CEE countries using structural equation modeling. Data were sourced from the anonymized European Community Innovation Survey (CIS, 2012). The results show that internal sources of information and knowledge from innovative internal activities highly influence SMEs’ innovation performance in these CEE countries. Additionally, SMEs in the selected countries’ sources of information and knowledge influence firm cooperation arrangements. The result is significant for SMEs and policymakers to ensure fostering information and knowledge sharing and support of creating valuable knowledge for innovation, most importantly, in the aftermath of financial and economic crisis. AcknowledgmentThis work was supported by a grant provided by the scientific research project of the Czech Sciences Foundation Grant No. 20-03037S.
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Tomashuk, Inna. "DEVELOPMENT OF ENTREPRENEURSHIP IN UKRAINE IN THE CONDITIONS OF EUROPEAN INTEGRATION." Green, Blue and Digital Economy Journal 3, no. 2 (November 30, 2022): 36–48. http://dx.doi.org/10.30525/2661-5169/2022-2-5.
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The purpose of the article is to study the peculiarities of the functioning of entrepreneurship institutes with fundamentally new tasks in the conditions of European integration of Ukraine and to develop conceptual proposals for supporting and improving the development of entrepreneurship in Ukraine in the conditions of European integration. Methodology. In the process of solving the tasks of scientific research, general scientific and special research methods were applied: descriptive-analytical method, systematic approach, method of analysis and synthesis, method of systematization, graphic method, method of dynamic series and structural analysis, method of cost analysis, method of comparison, method of average points evaluations, the method of scientific generalization. The results. Today, the development of entrepreneurship is one of the most important factors in the socio-economic growth of Ukraine. The effective development of entrepreneurship creates a competitive environment for business entities of various types of economic activity for the development of which there are favorable conditions and a sufficient scale of resource potential, the interest of foreign and domestic investors. At the same time, the successful activity of entrepreneurship solves a number of important tasks, in particular, contributes to the replenishment of the budget, saturation of the consumer market with goods and services, creates new jobs, increases the employment of the population, while reducing the unemployment rate. Practical implications. The process from the beginning of entrepreneurial activity to its termination is related to decision-making. The desire to open one's own business, as a rule, is accompanied by the hope of the future entrepreneur to succeed, while the factors of the external environment play a key role, influencing the future entrepreneur's decision. Over time, the result of the action of these factors, combined with the results of the action of the factors of the internal environment, may lead to the entrepreneur's decision to stop entrepreneurial activity due to the fact that his expectations were not met. In addition, one of the most important problems of managing a small enterprise is the lack of specialists in certain specialties, for example, marketers, financiers, programmers, etc. This is due to the fact that small businesses often cannot afford to keep such specialists. Outsourcing can be a rational way out of this situation. At the same time, the choice of the country's economic development strategy significantly affects the development of enterprises. Based on the global practice of the production sphere, a smart strategy makes it possible to create a "flexible" high-tech industrial production, where business can easily adapt, in addition, this approach will lead to sustainable economic growth, which is able to provide and promptly respond to any challenges of the globalized world economy. Today, European integration opens up great opportunities for domestic enterprises to expand foreign economic activity. When determining one or another vector of foreign policy, domestic enterprises need to assess the prospects of other global competitors. Value/originality. Stimulating the development of entrepreneurship reduces the problems of their functioning and ensures rapid integration into the European Community and highly developed economies of the EU countries. A reduction in the tax burden on small business entities is possible due to the reduction of total payroll charges, the introduction of lower income tax rates, and the exemption of small business entities from paying income tax during the first years of existence. Also, an important element of the state support system for small businesses is information and consulting services, within the framework of which assistance should be provided with problems of the formation and functioning of small enterprises.
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Romanovska, A., and V. Velichko. "THEORETICAL PRINCIPLES AND PROSPECTS OF USING MODELS OF FUNCTIONING OF SOCIALLY RESPONSIBLE BUSINESS." Series: Economic science 2, no. 169 (March 25, 2022): 86–90. http://dx.doi.org/10.33042/2522-1809-2022-2-169-86-90.
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The article considers the features, disadvantages and advantages of existing models of socially responsible business. The state of socially responsible business in Ukraine is also analyzed, the main obstacles to development are identified. Based on the results obtained, ways to overcome obstacles and prospects for dissemination are proposed. The main incentives for the implementation of CSR would be the introduction of preferential taxation, reducing administrative pressure on local authorities and providing them with proposals for social development programs in the region. In the context of globalization of the modern market, an increasing number of large enterprises in developed countries are paying attention to issues of socially oriented business. Corporate citizens, along with their core business activities, carry out activities aimed at solving social, environmental and other problems in the community. Corporate social responsibility is beginning to be used as one of the indicators of ensuring the competitiveness of the enterprise. Such changes in the socio-economic environment require a more detailed analysis of the criteria of socially responsible and socially oriented business to build an effective model of operation of the entity. In world practice, there are several models of socially responsible business, due to national and cultural characteristics of doing business. They correspond to three models of corporate governance. These are American, European and Japanese models. These models of CSR are quite common and are based on the cultural traditions of countries, economic and environmental situation. As for Ukrainian enterprises, companies do not perceive CSR as a policy that is integrated into the company's business strategy and is a factor of competitive advantage in the market. To develop CSR, it is necessary to develop a legal framework that would promote these activities, raise awareness of responsible business behavior, introduce CSR courses in university programs and increase the participation of business associations in promoting practices.
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Tymoshyk, D. D., L. L. Hrytsenko, and Ya S. Kovalev. "Small and Medium Entrepreneurship: Ukrainian and World Experience." Mechanism of an Economic Regulation, no. 2 (2020): 86–95. http://dx.doi.org/10.21272/mer.2020.88.07.
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The article considers the concept of small and medium enterprises in the process of economic thought formation. The task of the work is to determine and analyze the state of small and medium business in Ukraine and abroad. For this, the definitions of foreign and national scholars are outlined and their own understanding of the term is formulated. A comparative and quantitative analysis of enterprises was conducted on the basis of data collected by the State Statistics Service of Ukraine, and a positive increase in enterprises for the period 2014-2018 was revealed. In addition, the main approaches to the division of enterprises into types according to different classification criteria due to the Ukrainian economic system and the standards of the European Union, which fundamentally differ from the division system in the United States, are studied. At the same time, the indicators of small and medium-sized enterprises of the USA and European countries are considered, that allows us to say that the largest percentage of the contribution to GDP belongs to the small and medium-sized enterprise sector. The described features of SMEs in comparison with other types of enterprises determine the importance of SMEs as a stable and self-sufficient sector of the economy which requires support from government regulation. The urgency of research on the topic of SMEs is primarily dictated by the need to summarize the previously studied layers of this topic, the emergence of new reforms and Ukraine’s desire to improve the economic system and bring it to the world level. Economic development depends not only on internal policy principles, but also on external factors influencing the state of the world economy. The beginning of 2020 made the leaders of the world community think about the principles of maintaining economic indicators during the trigger caused by the coronavirus pandemic and the collapse of oil prices, and therefore it is natural to implement programs to support small and medium enterprises during the global recession.
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Molla, Rafiqul Islam. "Mainstreaming the Third Sector Economics by Adopting the Principles of Islamic Entrepreneurship: For Development with Equity and Social Justice." IIUC Studies 9 (July 10, 2015): 39–58. http://dx.doi.org/10.3329/iiucs.v9i0.24013.
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The private and public sector economics found their own strong places to play roles in the mainstream economy. At the end, however, these two systems the private, popularly called the first sector economy, and the public, called the second sector economy - both individually and jointly have been found seriously inadequate and incapable to ensuring wellbeing of human societies nationally and globally. Responding to such a situation a number of non-conventional approaches like cooperatives and social enterprises, waqaf, foundations, and other non-profit institutions, etc., together called third sector economy, were moved and promoted to ensure social justice and wellbeing of mankind. Initially it emerged as a make-up and defensive strategy of the market-state model to meet the minimum of unmet requirements in the sectors where the market and state have grossly failed. It, thus, played only a subordinate role. As a result, it could not help much to solve the problem of economic inequity, concentration of wealth, and social divides. However it is strongly felt that a broadly based third sector economic model with both not for-profit business like enterprises and for-profit businesses blended with social justice is necessary to play its role as a mainstream model not only for poverty alleviation but also for economic growth to bridge the economic and social divides. Mainstreaming the third sector is the urgent call of the day. Islamic entrepreneurship, which is basically a communitycentric mode of business initiative, is an antidote to the problem of intolerable economic and social dualism in the economies. It is a natural strategy against all forms of capitalist exploitations, like in the past through European colonialism and now through American led terrorism, to control resources. Accordingly it is the natural model for solving the problems of economic inequity, concentration of wealth, and social divides. Therefore, this study finds the Islamic mode of entrepreneurship as most suitable and effective for widening and mainstreaming the third sector economics, more particularly in the developing countries. Johor Corporation (JCorp) in Malaysia and Sheba Polly in Bangladesh are examples of two types of Islamic style third sector enterprises one is staunchly business like initiative and the other is cost based charity initiative for social benefit. For the development and promotion of the community-centric third sector economics model, the paper recommends for urgently establishing a research and development centre on third sector economics preferably under an Islamic Research and Development Institute in any reputed university.IIUC Studies Vol.9 December 2012: 39-58
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Lewandowska, Małgorzata Stefania. "Blending Innovation Types in Order to Achieve International Competitiveness. Multi-country Approach." WSEAS TRANSACTIONS ON BUSINESS AND ECONOMICS 18 (August 31, 2021): 1223–34. http://dx.doi.org/10.37394/23207.2021.18.114.
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The relationship between innovation and international competitiveness is the subject of many research studies. The aim of the paper is to examine the association between the introduction of product innovation individually and in pairs with process and marketing innovation and the exporting of enterprises from 13 European Union countries, mainly from Central and Eastern Europe. The study used anonymized micro data from the Community Innovation Survey (CIS) for 2012-2014. Based on the sample of 98 809 enterprises, 14 models were built using path analysis with the Bonferroni correction, one for the whole sample and 13 for each of the country studied. The analysis indicates positive link between the introduction of product innovation on sales activity on foreign markets of the enterprises of the surveyed countries (measured by exporting), but only for Germany and Spain. Surprisingly, adding process or marketing innovation to product innovation in most of the cases has an adverse effect on exporting.
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Ray, Subrata Ray. "Globalization and its impact on Human Resource Management practice of India." Journal of Global Economy 6, no. 3 (September 30, 2010): 213–24. http://dx.doi.org/10.1956/jge.v6i3.62.
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The approaching of the 21 century globalization poses unique HRM challenges to business chiefly those functioning across countrywide boundaries as transnational or global enterprises. Global trade is considered by the open flow of human and economic resources particularly in the developed economies of European Union (EU), the North American Free Trade Agreement (NAFTA), other regional groupings such as the Association of South East Asian Nations (ASEAN), the Economic Community of West African States (ECOWAS), the Southern African Development Community, etc. Competing in global markets require loads of factors and centralization of its human resource practices is definitely imperative to get better global competitiveness and authorize workforce for global assignments. These developments are opening up new markets in a mode that has certainly not been seen earlier than. This accentuates the requirement to deal with human resources efficiently to increase aggressive benefit in the global market place. To attain this, organizations need an understanding of the factors that can decide the efficacy of different HR practices and approaches. This is because countries like India diverge down a number of scopes that persuade the attractiveness of direct overseas investments in every nation.Â
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Zhang, X. "The Coronavirus Will Not Change the long-Term Upward Trend of China’s Economic Development." Finance: Theory and Practice 24, no. 5 (October 24, 2020): 15–23. http://dx.doi.org/10.26794/2587-5671-2020-24-5-15-23.
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The author investigates the impact of COVID‑19 and macro-policy adjustment on China’s economic development. The aim is to describe the situation and trend of China’s economic development before and after COVID‑19. The research method is the comparative data analysis. The study shows that in response to COVID‑19, the Chinese government, on the one hand, has accelerated its opening-up, taken the opportunity of fighting against the pandemic to provide medical assistance to and cooperate with other countries, and actively promoted the building of a community with a shared future for mankind and the process of globalization. On the basis of the Belt and Road Initiative and multilateral, regional, and subregional cooperation mechanisms such as the United Nations, Shanghai Cooperation Organization, BRICS (Brazil, Russia, India, China, South Africa), G20 (Group of 20), and APEC (Asia-Pacific Economic Cooperation), China and the Eurasian Economic Union began to cooperate more frequently and the trade relations between Japan, South Korea, and European developed countries became closer. Meanwhile, committed to building a global interconnection partnership, China actively participates in global economic governance and provides various public products. The Chinese government has proposed “Six Guarantees” on the basis of “Six Stability”. In order to achieve the purpose of stabilizing foreign trade and expanding imports, China has imposed various measures to accelerate the liberalization and facilitation of international trade and investment, such as implementing the new version of the “Foreign Investment Law”, establishing free trade zones, and promoting its experience and organizing international import expositions. Additionally, the Chinese government also implemented targeted fiscal and monetary policies, increased support for enterprises, especially small and medium-sized enterprises, and promoted the construction of “new infrastructure” and innovation of business model, which have formed the driving forces for the transformation of the economic development model in China from traditional business to cloud business, from traditional marketing to live streaming marketing, from traditional sales to online sales. The author concluded thatChina’s adjustment of macro policies in response to COVID‑19 was effective and played an important role in the resumption of production and life, stabilizing foreign trade activities, releasing domestic demand and promoting stable and sustained growth of the economy
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Varady, David, Reinout Kleinhans, and Maarten van Ham. "The potential of community entrepreneurship for neighbourhood revitalization in the United Kingdom and the United States." Journal of Enterprising Communities: People and Places in the Global Economy 9, no. 3 (August 10, 2015): 253–76. http://dx.doi.org/10.1108/jec-01-2015-0009.
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Purpose – The aim of this paper is to assess the current potential of community entrepreneurship in neighbourhood revitalisation in the US and the UK. The global economic crisis has had a major impact on government spending for urban regeneration. In the context of these austerity regimes, in many European countries, community entrepreneurship and active citizenship are increasingly considered as a means to continue small-scale urban revitalisation. This paper investigates recent literature on both British community enterprises (CEs) and American community development corporations (CDCs). Design/methodology/approach – Starting from a seminal article, this paper reviews literature focusing on the role of CEs and CDCs in neighbourhood revitalisation. Differences and similarities are analysed, taking into account national context differences. Findings – While CDCs have a relatively successful record in affordable housing production in distressed areas, CDCs are fundamentally limited in terms of reversing processes of community decline. CEs in the UK have focused on non-housing issues. Research limitations/implications – This paper asks the question what CEs can learn from CDCs in terms of scope, aims, strategies, accountability, assets and partnerships with public and private actors. However, a systematic literature review has not been conducted. Originality/value – This comparison reveals not only similarities but also differences with regard to aims, organisational characteristics, cooperation on multiple scales and community participation. Apart from lessons that can be learned, this paper provides recommendations for further research that should cover the lack of empirical evidence in this field.
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Soldak, Мyroslava. "Industrial ecosystem and revitalization of brownfields." Economy of Industry 3, no. 95 (September 15, 2021): 70–101. http://dx.doi.org/10.15407/econindustry2021.03.070.
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The creation of climate-neutral industrial ecosystems based on digital leadership determines the movement of advanced countries towards competitiveness on the global stage. Industrial ecosystems of most regions of Ukraine are characterized by a low technological level of key industries and lack of organizational routines that can ensure their transition to a higher technological and resource-efficient level. The problem of forming a modern policy in the field of revitalization of abandoned areas of former industrial use (brownfields), in particular in the field of industrial waste processing, needs an urgent solution. The article is aimed at highlighting the theoretical foundations and practical aspects of creating a new industrial path through the revitalization of brownfields in underdeveloped industrial ecosystems on the example of old industrial mining regions. The paper proposes the use of a bricolage approach to create a new path of development of old industrial mining regions. This approach focuses not on the breakthrough development of the new industry, which is almost impossible in the conditions of insufficient development of industrial ecosystems, but on the gradual process of strategic cooperation of many participants (local and non-local enterprises, research institutes, local authorities, community, national and regional authorities, other stakeholders), coordination and pooling of resources at different levels, which will eventually have to evolve together, thus leading to a favorable institutional environment for the new industry. The establishment of an enterprises for the processing of coal preparation within the framework of the brownfield revitalization project is a kind of a kludge, the temporary adaptation of the community to the complex socio-economic and environmental situation, which is a consequence of the cessation of intensive coal mining, which will make it possible to create new routines of business behavior of institutions and citizens, the best of which in the process of evolutionary selection will be able to adapt to the new challenges of global technological transformations in industry and ecology. The practical implementation of the given approach is primarily represented in the creation of special institutions that are alternatives to the institutional traps of industrial development on the principles of the circular economy and relate to the introduction of more strict measures when implementing European waste management standards in national legislation and additional taxes that force enterprises to recycle waste; emergence of special enterprises (scavengers and decomposers) that use new effective disposal measures to restore and further use brownfields; creation of special community development corporations that promote economic development and environmental sustainability of the territory and ensure broad community participation in the creation of initiatives and decision-making; use of opportunities for Ukrainian integration in the field of innovation, science and education under the Association Agreement signed with the European Union in order to make effective decisions on the revitalization of brownfields.
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Shmygol, Nadiia, Olena Cherniavska, Dariusz Pawliszczy, Yeugeniia Shmygol, and Alexandra Cherniavska. "Modeling the development of the tourism industry in the smart age of globalization through transnational cooperation and capacity building." SHS Web of Conferences 107 (2021): 07002. http://dx.doi.org/10.1051/shsconf/202110707002.
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The relevance of the chosen topic is related to the growing interest of researchers in technologies and mechanisms of growth of new touristic opportunities in the smart era of society, features of its impact on national policies in order to achieve strategic socio-economic goals of the countries both for domestic territories and along the path of development of geoeconomic strategies in the global space. In addition the relevance of the research direction is enhanced by the fact that tourism is one of the sectors of the world economy that has suffered the most from restrictions on movement during the pandemic crisis. The European Commission has recently presented a series of proposals setting out the foundations of the EU economy and society suitable for the digital age, outlining the development of a genuine European data space and offering a European approach to new technologies. The new industrial strategy and the SME strategy (adopted on March 10, 2020) identify the path to digital transformation to empower industry and small and medium-sized enterprises. The latest strategic communication of the European Commission “Tourism and Transport for 2020 and beyond” emphasizes the role of digital transformation and sustainability. This involves investing in digital skills and promoting digital innovation, as well as linking the tourism business and businesses to existing data spaces, technology providers, and community actors at the local and regional levels. To determine the possibilities of further evelopment of the industry, ithe article proposes a factor model of the total revenue from tourism activities, taking into account regional changes in tourist flow, provide recommendations for the effective development of the industry with account of future trands of tourism industry and ecosystem development. These issues are equally pertinent both for tourism, given the advantages innovative, new technologies can bring to tourism destinations and for businesses, local communities and travellers. They can facilitate tourism management both at destination and business level, contributing to balanced and sustainable growth of tourism in post Pandemic time. New smart technologies can help businesses provide more personalised services and therefore enhance the tourism experience.
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Velychko, Tatiana. "Involvement of system management to achieve global goals of sustainable development in Ukraine." University Economic Bulletin, no. 48 (March 30, 2021): 159–63. http://dx.doi.org/10.31470/2306-546x-2021-48-159-163.
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The subject of research is the theoretical and methodological aspects of involving system management to achieve the goals of sustainable development and practical areas of its implementation in Ukraine. The purpose of the article is the further development of areas and components of system management to achieve global goals of sustainable development in Ukraine, taking into account the principles of social responsibility and processes and opportunities for digitalization of the population. The methodological basis of the article were the theoretical and methodological provisions of economics of nature management, regional economy, demography, ecology; international and national normative-legislative acts, norms, initiatives on sustainable development. As a fundamental methodological approach, the article uses system-structural analysis and synthesis, as well as historical, monographic, statistical-economic, problem-target methods. The results of the article. The article highlights the concepts and ideas of sustainable development, identifies the features of system management for their achievement and priority areas for development for Ukraine, taking into account the country's ratings in the world community and their dynamics. Features of system management for the purposes of sustainable development are defined; identified its priority areas in Ukraine, taking into account its ratings in the global dimension. Field of application of results. In higher education institutions in the teaching of environmental economics, regional economics and sustainable development, in schools, environmental governmental and non-governmental organizations. Conclusions. It is determined that the most significant feature of the theory and practice of rural green tourism enterprises in European countries is the expansion of their functions from purely business to more socially necessary and significant - as tools for preservation and reproduction of rural areas, including depressed. This provides greater support at the level of local communities, government, which is appropriate for all uses. It is also advisable to use proven mechanisms and forms of tourism in the countryside.
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Mitra, Jay, Mariusz Sokolowicz, Ursula Weisenfeld, Agnieszka Kurczewska, and Silke Tegtmeier. "Citizen Entrepreneurship: A Conceptual Picture of the Inclusion, Integration and Engagement of Citizens in the Entrepreneurial Process." Journal of Entrepreneurship and Innovation in Emerging Economies 6, no. 2 (July 2020): 242–60. http://dx.doi.org/10.1177/2393957520936884.
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This conceptual and exploratory article aims to present a rationale for the engagement of citizens with the process and practice of, and research on new civic forms of entrepreneurship. We argue that this form of citizen engagement could enable a better alignment of entrepreneurial initiatives with economic, social and community priorities, and to address issues of global significance of local interest in uncertain environments. To this end, we posit that engaging citizens in the entrepreneurial process could facilitate agency at the collective level of people with their rights, duties and responsibilities, to identify, participate in and govern with existing institutions, in meaningful economic and social activity in defined spatial environments. Our normative understanding of entrepreneurial process involves the creation of business, social and public enterprises, the formation of which is led by entrepreneurs. Entrepreneurs are of course citizens of specific nation states, but their endeavours do not necessarily warrant the participation of the wider community of citizens in the entrepreneurial process beyond their receiving function as users of goods and services. We consider whether pro-active engagement in a variety of ways, as nurtured in the practice of Citizen Science or Citizen Economics projects, could strengthen the profile and substance of entrepreneurship to resolve critical economic, social and environmental concerns of our times. We use the concept of the ‘commons’ and collective efficacy to argue for an understanding of entrepreneurship and innovation as a social good. We argue that Citizen Entrepreneurship (CE) is able to create new forms of collective organisation and governance, and derive economic and social value by addressing local issues arising from wide-spread phenomena such as climate change, ecological and environmental challenges, inequality, social polarisation, populism, migration and the gradual erosion of democratic institutions. To do so, citizens need to develop capabilities for engagement in the entrepreneurship process, especially when traditional public and market institutions fail to satisfy their existential needs. Indeed, active engagement could lead to the achievement of capabilities for well-being and fulfilling lives which go beyond the acquisition of skills and competencies necessary to pursue a vocation or a career. We refer to and interpret three examples of collective entrepreneurial activity in different urban environments in European countries as models of CE highlighting what we see as a growing trend in the entrepreneurial substance of the ‘urban commons’. We work towards the creation of a conceptual model with which to develop an understanding of a unique formulation of entrepreneurship.
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Nwabueze, Caroline Joëlle. "Challenges of Transnational Trademark Law Practice: The Case of Nigerian Companies’ Brands in OAPI States." Revue générale de droit 45, no. 1 (July 8, 2015): 321–47. http://dx.doi.org/10.7202/1032041ar.
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Nigeria industrial growth has turned the country into an indispensable economic support for its neighbours. Only for the case of Cameroon, Nigeria has been the leading supplier with respectively 22% and 17.8% of imports in 2011 and 2012 with trade amounting to 328 billion FCFA per annum. This results in part from Nigerian companies’ exportations in local markets. Nigerian trademarks related to cosmetics, furniture, electronics, and pharmaceutical goods abound in neighbouring countries. However, a strengthening of Nigerian companies in regional markets encompasses strategies to avoid infringing on the trademark rights. Such strategies should include the consideration of special trademarks features by different institutions of the intellectual property (IP) system in the relevant neighbour export markets. This is by the mere fact that the legal status of those goods, although physical property, relies mainly on the material law applicable, which is trademark in the present case. Because the principle of territoriality requires that trademark protection be sought in the place where the goods are sold—and trademark applications filed in each country in which protection is sought—, Nigerian companies planning to outsource some business activity in neighbour markets will seek compliance with trademarks norms applicable in the Organisation africaine de la propriété intellectuelle (OAPI) of which those countries—Benin, Cameroon, Chad, and Guinea—are part. The trade partnership between companies from a common law trademark background on one hand, and civil law intellectual property community on the other, inevitably raises some frictions and trademarks issues. This article analyses the trademark challenges arising from Nigerian companies’ business decision to enter OAPI markets and export goods and services. The article firstly underlines the issues to be taken into consideration, including registration and enforcement of the companies’ marks in OAPI. Then the paper simultaneously reviews the dissimilarities issues between the Nigerian Trademark Act and the OAPI Trademark System to which the Nigerian companies are confronted. If trademark protection makes it easier for an enterprise to access transnational markets, the establishment of a Trademark Community with neighbouring countries helps for sure national industries to establish partnerships with other firms for sustainable development in the areas such as production, marketing, distribution or delivery of goods and services. In light of the trademark harmonisation in the European Union internal market, the present paper concludes by recommending the creation of a Trademark Community in the West and Central African region between Nigeria and its neighbouring countries.
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Kovtun, О. V. "DEVELOPMENT OF FAMILY FARMING PRODUCTION AS THE GUARANTY OF STABLE FOOD SECURITY: REVIEW OF THE SITUATION IN UKRAINE AND SOME COUNTRIES OF THE WORLD." Animal Breeding and Genetics 56 (December 4, 2018): 141–48. http://dx.doi.org/10.31073/abg.56.19.
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In this study we introduce a comparative analysis of the current situation in the sector of small yield agriculture in Ukraine and some countries belonging to the Community of Portuguese Language Countries, such as Portugal, Brazil, and Cape Verde, in the context of the international policies for the Strategy of Nutritional and Food Security (Estratégia de Segurança Alimentar e Nutricional). We used materials from the United Nations on Food Security, secondary sources from Ukrainian, Portuguese, Brazilian, and Cape Verdean researchers on the characteristics of the sector, as well as, the results from personal experience and research during the stay in those countries. Portugal and Ukraine are both European countries, Portugal is a member European Union and Ukraine is on its way to joining. Portugal, Brazil and Cape Verde are characterized by their common history, dating back to the days of colonialism, and belong to The Community of Countries of Portuguese Language. All these countries are located in different economic-geographical zones and because of their levels of development they belong to different worlds in economy. It is noticeable, in any of them, that small rural agricultural businesses have an important role in ensuring sustainable food security. Also shared by all three is the fact that small agricultural producers suffer from being invisible to public policy, in comparison with larger industrial agriculture, taking into account the different factors from each country in particular. As such, one of the main goals of the present study is to reflect on the importance of small agriculture, or family agriculture, on providing for society and ensuring nutritional and food security in those countries. According to Ukrainian researchers, the per capita consumption of food products has significantly decreased over the past two decades, which is reflected in a steady decrease in the amount of milk and meat in the daily consumption of dietary products. This is a very important factor for the food safety of the entire population and, above all, the preservation of the health of the most vulnerable groups, including children. The Community of Countries of Portuguese Language (Comunidade dos Países de Língua Portuguesa, CPLP), to which Brazil, Cape Verde and Portugal belong to, has approximately 250 million of inhabitants. It is predicted that that number will increase up to 323 million in 2050. Today, in absolute terms, and considering the CPLP as a whole, around 28 million people are malnourished. In general, from all the countries in the CPLP, Portugal is the only country free from problems having to do with food security, but the level of dependence from imports has risen in the last decade, especially of cereals (from 55.6% to 82.8%). Brazil reduced the prevalence of malnutrition to less than half, in comparison with the levels from 1990 and the dependence on imports of cereals in this country remains the lowest compared to other countries and stands at 14.2%. Cape Verde maintains a high level of dependence on imports of food products, including cereals (94.3%). It turns out that in all the countries studied it is common ground that, despite their importance for sustainable food security, small family farms do not receive the necessary support from the state authorities for their technical and technological progress, in order to produce and sell on equal conditions with large enterprises its products in competitive markets. The lack of competitiveness from national food products, which is also seen in all countries, is one of the first factors that cause the objective necessity of an innovative transformation of the field of small agricultural production.
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Zaritskii, B. "German Economy: Angela Merkel’s Heritage." World Economy and International Relations 65, no. 9 (2021): 34–42. http://dx.doi.org/10.20542/0131-2227-2021-65-9-34-42.
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The article analyses the main stages of development of the German economy during the 16-year reign of Chancellor Angela Merkel (2005–2021). During this period, Germany was reasonably successful in dealing with the impacts of the world financial and economic crisis it faced in 2008–2009. The 10 subsequent years witnessed economic growth, however, today the country is once again trying to find a way out of a crisis this time caused by the COVID 19 pandemic. In 2020, the GDP fell by almost 5%, while the industrial production declined by 10.4%. The return to the growth trajectory is being linked to improving the epidemiological situation and increasing foreign orders, primarily from China and the United States. The German economy is expected to reach pre-crisis levels in late 2022. Projections for further development assume that, due to a number of internal constraints and external risks, the GDP growth will not exceed 1% in 2023–2025. Angela Merkel is not leaving the country in the best of shapes. It is not her fault. Germany’s economy has more than once demonstrated its resilience to external shocks. Even today, Germany’s position looks preferable to that of most European countries. Its main advantage is a diversified and competitive industry, but the sentiments in the German business community vary greatly. Much depends on the sector and region. Small and medium-sized enterprises (SMEs), especially in the service sector, have been particularly hard hit. Many of them have run out of reserves, and their capacity to pay now depends largely on the financial support of the State. How long can the government “pump up” the economy with budget money without fear of a surge in inflation? Nor will the European Central Bank (ECB) indefinitely maintain interest rates at historically low levels. For many SMEs, the increase in the cost of credit, combined with the inevitable reduction in government support, will be a blow that not all will be able to withstand. People are tired of everything related to the pandemic and the years of familiar politicians. Everyone is waiting for the end of the epidemic and for new faces in politics. Whether the new politicians will be better than the old ones is a big question. Under all circumstances, in Germany’s recent history, Angela Merkel will remain a major political figure whose scale is yet to be truly appreciated.
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IEFYMENKO, Tetiana, Yurij IVANOV, and Vlada KARPOVA. "Differentiated VAT rates in Ukraine: problems and directions of solution." Naukovi pratsi NDFI 2021, no. 1 (June 24, 2021): 5–21. http://dx.doi.org/10.33763/npndfi2021.01.005.
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In the context of the economic crisis, it is important to ensure a steady flow of taxes to the budget and at the same time support domestic producers. There is a negative trend towards a decrease in VAT revenues for goods and services produced in Ukraine. This leads to a fall in GDP and a deterioration of the economy in Ukraine. Therefore, it is necessary to identify existing problems of administrating VAT in Ukraine and suggest ways of their solving. The purpose of the article is to study the problems of administrating VAT in Ukraine, which are associated with the application of differentiated VAT rates and to develop recommendations for their solution. The article uses qualitative research methods to describe the existing problems in VAT administration. Quantitative methods are used to analyze VAT revenues. The study identified four problems in VAT administration. The first problem is the lack of harmonization of norms on the application of reduced VAT rates in Ukraine with the legislation of the European Union (EU). It is proposed to analyze the potential consequences that may lead to an expansion of the range of transactions for which reduced VAT rates are applied in Ukraine in line with Directive № 112. The second problem is the lack of tools in the Ukrainian legislation that ensure the reduction of prices for the relevant product (service) by the supplier when reduced tax rates are introduced. It is proposed to analyze the price regulation tools used in the practice of EU countries and determine the feasibility of their use in Ukraine, taking into account the current regulatory framework for price regulation. The third problem is the growth of the tax burden on processing enterprises with the introduction of reduced VAT rates in Ukraine. It is proposed to analyze the feasibility of extending reduced VAT rates not only to primary products, but also to the relevant processing companies that use these products, based on the practice of EU countries. The fourth problem is ambiguities in rules for applying a reduced VAT rate to the hotel business. It is proposed to clearly define which services are subject to the reduced rate, whether the reduced rate is applied to catering services or to other hotel services, as provided for in some EU countries. In addition, it is necessary to clearly define the range of persons who can apply a reduced VAT rate to hotel services and also include natural persons-entrepreneurs, travel agencies and tour operators who are VAT payers. The proposals set out in the article should be discussed with scientists, specialists, representatives of the business community and the public. Based on the results of the disputes, it is advisable to develop specific recommendations for making appropriate changes to the Tax Code of Ukraine. This will be the direction of further research.
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Mufidah, Ainin Nur, Hammis Syafaq, and Ana Toni Roby Candra Yudha. "INTEGRATED ECONOMIC EMPOWERMENT: EVIDENCE IN THE RELIGIOUS AREA OF GUSDUR'S TOMB." Jurnal Ekonomi Syariah Teori dan Terapan 8, no. 6 (December 5, 2021): 785. http://dx.doi.org/10.20473/vol8iss20216pp785-796.
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ABSTRAKSaat ini wisata syariah yang biasa dikenal dengan wisata religi sedang menjamur, khususnya di Jawa Timur. Sosok yang dianggap wali oleh sebagian orang itu berada di Surabaya, Gresik, dan Tuban, namun saat ini berkembang di kabupaten Jombang, yakni makam Presiden ke-4 Abdurrahman Wahid yang disebut Gus Dur. Penelitian ini bertujuan untuk mengetahui pemahaman masyarakat dalam memanfaatkan peluang wisata religi makam Gus Dur dalam meningkatkan perekonomian masyarakat sekitar pondok pesantren Tebuireng khususnya di dusun Jalan Seblak gang III. Penelitian ini dapat dicermati melalui perubahan kehidupan ekonomi, pemanfaatan peluang usaha dan faktor penghambat bagi kepentingan usaha. Penelitian ini menggunakan metode deskriptif kualitatif dengan teknik pengumpulan data wawancara dan dokumentasi. Hasil penelitian ini menunjukkan bahwa masyarakat setempat mengalami perubahan ekonomi dengan memanfaatkan peluang untuk membangun warung di atas tanah mereka dan menyewakannya kepada pedagang luar. Ini memberikan nilai ekonomi tambahan. Namun, penjualan warung-warung tersebut dinilai tidak mencukupi, sehingga mengharuskan mereka untuk membuka usaha sampingan. Terdapat peluang yang sangat baik bagi masyarakat untuk memilih menyewakan lapaknya karena faktor penghambat yaitu keluarga, tenaga kerja, permodalan, dan rasa empati yang tinggi terhadap pedagang pendatang. Saran bagi Pemerintah Kabupaten Jombang adalah memfasilitasi masyarakat dengan pengetahuan kewirausahaan dengan mengadakan seminar agar memiliki pengetahuan dan motivasi yang tinggi untuk menjalankan bisnis.Kata Kunci: Wisata Religi Makam Gus Dur, Peningkatan Ekonomi, Peluang Usaha. ABSTRACTCurrently, sharia tourism, commonly known as religious-friendly tourism is proliferating, especially in East Java. The figure, who is considered a guardian by some people, is located in Surabaya, Gresik, and Tuban but currently developing in the Jombang district, namely the tomb of the 4th President Abdurrahman Wahid, who is called Gus Dur. This study aims to determine the understanding of the community in taking advantage of religious tourism opportunities in Gus Dur's tomb in improving the community's economy around the Tebuireng Islamic boarding school, especially in the hamlet of Street Seblak street alley III. This study can be observed through changes in economic life, utilization of business opportunities and inhibiting factors for business interests. This study uses a qualitative descriptive method with interview and documentation data collection techniques. The results of this study show that the local community is experiencing economic changes by taking advantage of the opportunity to build a warung on their land and rent it out to outside traders. It provides added economic value. However, the sales of the stalls are considered insufficient, so they require them to open a side business. There is an excellent opportunity for the community to choose to rent out their stalls because of the inhibiting factors, namely family, labour, capital, and a high sense of empathy for migrant traders. The suggestion for the Jombang Regency Government is to facilitate the community with entrepreneurial knowledge by holding seminars to have high knowledge and motivation for business interests.Keywords: Religion Tourism of Gus Dur Tomb, Economic Improvement, Business Opportunity. REFERENCESAbdi, M. K., & Febriyanti, N. (2020). Penyusunan strategi pemasaran islam dalam berwirausaha di sektor ekonomi kreatif pada masa pandemi covid-19. El Qist - Journal of Islamic Economics and Business, 10(2), 160–179.Abduh, M. (2019). The role of Islamic social finance in achieving SDG Number 2: End hunger, achieve food security and improved nutrition and promote sustainable agriculture. 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Test Engineering and Management, 83(3590), 3590–3595.
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Shchetinina, K. I. "Green Economy in Hotel Business of EU Countries." MGIMO Review of International Relations, no. 1(28) (February 28, 2013): 254–59. http://dx.doi.org/10.24833/2071-8160-2013-1-28-254-259.
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Tourism today is one of the fastest growing economic sectors in the world. The article gives a brief review of a new economic paradigm and development model: a green economy. It shows how green investment in European tourism sector can contribute to economically viable and robust growth, decent work creation and poverty alleviation, while improving resource efficiency and minimising environmental degradation. Much of the economic potential for green tourism is found in small and medium-sized enterprises (SMEs), which need better access to financing for investing in green tourism. Investments and policies of European Union government can leverage private sector actions on green tourism.
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Kondonassis, A. J. "The European Economic Community: Thirty Years Later." Journal of Applied Business Research (JABR) 6, no. 1 (October 25, 2011): 1. http://dx.doi.org/10.19030/jabr.v6i1.6312.
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The European Economic Community has been in operation for about 30 years. During this period an increased economic cooperation has been attained but the goal of a truly integrated Europe has remained elusive. The Single European Act, which was ratified in 1987, represents a recommitment to an integrated Europe by 1992. It is premised on a number of changes and reforms. Above all the effectiveness of the new effort will depend on the achievement of social cohesion and supranationalism among the EEC countries.
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Topchiy, Vasyl, Maksym Zabarniy, and Nataliya Lugina. "APPLICATION OF THE METHOD OF SWOT-ANALYSIS AS A MEANS OF STRATEGIC PLANNING DURING THE INVESTIGATION OF CRIMINAL CASES IN THE FIELD OF ECONOMICS IN BORDERS." Baltic Journal of Economic Studies 6, no. 3 (August 5, 2020): 166–70. http://dx.doi.org/10.30525/2256-0742/2020-6-3-166-170.
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A cooperation between states in criminal cases is carried out in order to achieve the goals of justice and may exist at the stage of pre-trial investigation, trial, as well as after the entry into force of a court decision (sentence, ruling). Forms of international cooperation in the investigation of criminal cases are quite diverse. The main ones are: providing legal assistance, which consists in carrying out procedural actions, because during the investigation and trial of criminal cases there is often a need to gather evidence abroad by questioning defendants, victims, witnesses, experts, conducting searches, examinations, court inspections, seizure and transfer of items, delivery, and forwarding of documents, etc.; extradition of persons for criminal prosecution or for the execution of a court sentence; arrest, search and confiscation of proceeds of crime (states undertake to cooperate in the investigation of money laundering; assist in the investigation and take appropriate measures: to freeze bank accounts, seize property to prevent its concealment; confiscate proceeds of crime or property, value of which corresponds to the value of income, etc.). The normative basis for the international cooperation in the investigation of criminal cases is the European Convention on Mutual Assistance in Criminal Matters dated April 20, 1959; the Criminal procedural code of Ukraine; Methodical recommendations of the General Prosecutor’s Office of Ukraine; Order No. 223 “On the organization of the work of the Prosecutor’s Office of Ukraine in the field of international legal cooperation” dated September 18, 2015. The legal basis for international cooperation in criminal matters is the current bilateral and multilateral international treaties of Ukraine, the binding nature of which has been approved by the Verkhovna Rada of Ukraine. Among the multilateral international agreements, there should be noted the European conventions on criminal justice: the European Convention on the Extradition with two additional protocols to it, the European Convention on Mutual Assistance in Criminal Matters with an additional protocol to it, the European Convention on the Transfer of Proceedings in Criminal Matters, The Convention on the Transfer of Sentenced Persons with an additional protocol, The European Convention on the Supervision of Conditionally Sentenced or Conditionally Released Offenders, the Convention on Laundering, Search, Seizure, and Confiscation of the Proceeds from Crime and the European Convention on the International Validity of Criminal Judgements. In addition, the Commonwealth of Independent States has the 1993 Convention on Legal Assistance and Legal Relations in Civil, Family and Criminal Matters and its 1997 Protocol; within the framework of the United Nations, there is the Convention on Transnational Crime of 2000, together with two Protocols thereto. These multilateral international agreements establish a uniform sphere of cooperation between law enforcement and judicial authorities in relation to all European countries. Today, the most effective is the method of “SWOT-analysis”, which is currently recognized in the scientific community as one of the most popular tools in strategic planning of social processes, including in the investigation of criminal cases. Although the type of analysis is still considered by most scientists as Bohomolova Ye., (2004) a method of marketing research of enterprises in the market in the context of business practice, the object of “SWOT-analysis” can be as legislation, the practice of its application and prospects of their improvement, and materials of criminal cases. Methodology. Achieving the purpose of this publication is ensured by the use of cognitive philosophical, general scientific and special methods, among which the main are analysis and synthesis, comparative law method, which allow to identify prospects for the use in criminal cases of the method of “SWOT-analysis”, which is currently recognized in the scientific community as one of the most popular tools in strategic planning of social processes. Methods of grammatical review and interpretation of legal norms have helped to identify gaps in the legislation governing the investigation of criminal cases, in particular in the field of economics, and to develop proposals for its improvement. Practical importance. International cooperation in criminal proceedings is an organizationally complex process, which requires the use of effective and efficient methods to perform the tasks of criminal proceedings, respect for the rights and freedoms of all participants in the process, including not violating a reasonable time in the investigation. To date, science has developed many methods of analyzing the law, the practice of their application, and identifying ways to improve legislation, taking into account the results of forecasting the prospects for society and the state. To ensure a high level of quality of criminal investigations in the framework of international cooperation, it is necessary to choose the one that will give the most effective results and allow to formulate the most optimal proposals in a particular criminal case and the practice of their application. An attempt to solve this problem is presented in this study.
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de Koning, Aad, and Jacqueline Snijders. "Policy on Small-and Medium-Sized Enterprises in Countries of the European Community." International Small Business Journal: Researching Entrepreneurship 10, no. 3 (April 1992): 25–39. http://dx.doi.org/10.1177/026624269201000302.
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Angheluță, Petrică Sorin, Svetlana Platagea Gombos, Ciprian Rotaru, and Anna Kant. "Aspects of globalization of employment in the European Union." SHS Web of Conferences 129 (2021): 08001. http://dx.doi.org/10.1051/shsconf/202112908001.
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Research background: The influence exerted by globalization manifests predominantly in field of employment. The challenges generated by this process are amplified by technological developments. Facilities of movement and establishment in various regions, and the new opportunities for conducting professional activities, have led to increased mobility of employment. Globalization has led to a growing interest of businesses to operate outside their own country. Purpose of the article: In the current context, the purpose of the article is to analyze whether in the field of employment there is a tendency to increase the share of persons employed in enterprises controlled from outside the EU in total EU employment. Methods: The article presents the comparative situation of the number of persons employed for enterprises controlled from outside the EU. The article also presents an analysis of the number of persons employed for enterprises controlled from inside the European Union. Findings & Value added: Following the analysis, there is an increase in employment in enterprises controlled from inside the EU in total EU employment. Also, depending on the economic activity, there is a higher distribution for the following economic activities: Manufacturing, Wholesale and retail trade, Administrative and support service activities, Information and communication, Transportation and storage. Regarding the comparative situation of the number of employed persons for enterprises controlled by all countries of the world for total business economy, except financial and insurance activities, a number of over 5 million employed persons was registered in 6 countries (Germany, France, Italy, Spain, Poland, Netherlands). Regarding the situation of the foreign control of enterprises by economic activity, controlled by all countries of the world for total business economy, except financial and insurance activities, at the level of the European Union the economic activities in which more than 10 million people are employed are: Manufacturing, Wholesale and retail trade, Administrative and support service activities, Construction, Professional, scientific and technical activities, Accommodation and food service activities and Transportation and storage.
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Iaroslav, Petrunenko, Iryna Khmarska, Tetiana Tkachenko, Hanna Koptieva, and Veronika Komandrovska. "The Importance оf Small and Medium Enterprises in the Economic Development of Eastern Europe." WSEAS TRANSACTIONS ON ENVIRONMENT AND DEVELOPMENT 17 (August 5, 2021): 898–910. http://dx.doi.org/10.37394/232015.2021.17.84.
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An important engine of economic development of the country is the development of small and medium enterprises. At the same time, small and medium-sized businesses, being elements of the economic system, have a significant impact on the overall economic growth of the country. Thus, there is a mutual influence of economic units on the economy as a whole. The purpose of the article is to study the impact of small and medium-sized enterprises of small and medium-sized enterprises on the gross domestic product on the example of Eastern European countries. Methods: analysis, description, observation, comparison, generalization, induction, deduction, grouping, systematization, tabular and graphical representation. Results: The level of ease of doing business in Eastern Europe was analyzed according to the Ease of doing business ranking and it was found that the Czech Republic and Poland are among the 40 countries in Eastern Europe ranked 40th and 41st out of 190 possible. It is established that the subjects of small (including micro-enterprises) and medium-sized enterprises belonging to the non-financial sector, in the structure of all enterprises of the non-financial sector of each of the studied countries occupy more than 90%. It was found that a significant share in the structure of small and medium enterprises in Eastern Europe is occupied by micro-enterprises, while the share of medium-sized enterprises is the lowest. The results of regression analysis to determine the impact of small and medium enterprises on the economic growth of countries obtained by establishing the dependence of GDP on Turnover of the non-financial business economy by size class of employment. Revealed a high dependence of GDP Turnover of the non-financial business economy by size class of employment in all surveyed countries in Eastern Europe.
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Matuszyk, Anna. "Szanse i zagrożenia sektora małych i średnich przedsiębiorstw wobec przystąpienia Polski do Unii Europejskiej." Zeszyty Naukowe SGGW - Ekonomika i Organizacja Gospodarki Żywnościowej, no. 54 (November 25, 2004): 115–27. http://dx.doi.org/10.22630/eiogz.2004.54.31.
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The process of integration with European Union means lots of changes in the functioning conditions of enterprises. They must adjust to norms and standards that are obligatory in EU. Polish market became a part of uniform European market. This situation forced economic entities to start adaptation processes to new conditions. Small and medium enterprises, that are the basis of economy, are particularly sensitive for changes in business environment. Their special needs should be taken into consideration. Majority of Polish entrepreneurs are satisfied with joining European Union. They lead business with countries that are members of EU.
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Sipkov, Ivan. "The European Economic Community: A Sovereign Entity Under its Own Legal Order." International Journal of Legal Information 16, no. 3 (1988): 177–89. http://dx.doi.org/10.1017/s0731126500022289.
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The European Economic Community (EEC), also known as the European Community, the Common Market, and the Community, originated through the European Coal and Steel Community (ECSC) Treaty. The inaugural agreement was signed in Paris on April 18, 1951, and became effective on July 25, 1952. The original members included Germany, France, Italy, and the Benelux countries of Belgium, Luxembourg, and the Netherlands. The primary task of the ECSC Treaty was to create a common market for coal and steel by prohibiting all duties on imports and exports and all quantitative and private restraints on competition. This Treaty is considered the first step towards a united Europe. Its decisive innovation was to entitle the Community's institutions established by the Treaty to directly bind member states and enterprises by means of its decisions.
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BLAKYTA, Hanna, Viktoriia MELNYK, and Olena PURDENKO. "ECONOMIC SECURITY OF PRIVATE ENTERPRISES." Economy of Ukraine 2018, no. 9 (October 5, 2018): 60–73. http://dx.doi.org/10.15407/economyukr.2018.09.060.
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The article is devoted to the definition of the essential characteristics of economic security of private enterprises and its main components; it is proposed to expand the main structural elements of the system of economic security of private enterprises. The main functional objectives of economic security are: ensuring the high financial efficiency of work, financial stability and independence of private enterprises on a industry scale; ensuring technological independence and achieving the high competitiveness of the technical potential of small business enterprises; achievement of high efficiency of management; achievement of a high level of personnel qualification and its intellectual potential; Minimizing the devastating impact of the results of industrial and economic activity on the state of the environment; qualitative legal protection of all aspects of the activity of private enterprises, etc. It is proposed to consider the system of economic security of private enterprises as an integral set of subjects and objects of security, an environment that ensures their interaction and purposeful activity in the internal and external environment in relation to countering threats, protection of economic interests and, in general, creation of safe conditions for functioning at the planned level indicators. Attention is drawn to European experience and standards in the field of business security, but to take into account the fact that private enterprises of Ukraine are forced to operate in more difficult and dangerous conditions than in developed countries, therefore, during the period of the current stage of reforms in the sphere of private entrepreneurship, it is recommended to introduce normative and legal base which would fine-tune the peculiarities of functioning of private enterprises and create favourable conditions for the emergence of the economic crisis in order to create a reserve of strength in the event of unforeseen circumstances, as private enterprises are a significant component of the economic security of the state.
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SHUBA, Tetyana, and A. MIKISHA. "IMPLEMENTATION OF INTERNATIONAL ENTREPRENEURIAL ACTIVITY IN THE CONTRACT OF EUROPEAN INTEGRATION." HERALD OF KHMELNYTSKYI NATIONAL UNIVERSITY 296, no. 4 (June 2021): 138–41. http://dx.doi.org/10.31891/2307-5740-2021-296-4-22.
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The article analyzes the peculiarities of the implementation of international business activities in the context of European integration. The main ways to improve and simplify the conditions for enterprises to enter the foreign market are identified. Opportunity to learn from EU countries and set new standards, as the international market requires a high level of enterprise development and high quality services and goods. The issues concerning the formation of strategies for the development of enterprises and the urgent solution of current problems that may hinder the implementation of successful international business activities are considered. European integration is an opportunity to realize the entrepreneurial potential of the country and ensure its economic development. Therefore, the main task for modern entrepreneurs is to enter the international market, because it ensures the dynamic development of their business in the context of the spread of integration processes. Intensification of European integration processes allows to find effective ways of stimulation on the basis of studying the experience of European countries. The purpose of these processes is to establish close cooperation between the EU and Ukraine in the economic sphere. This cooperation does not provide any guarantees for the economic development of the country, but opens up opportunities for this to be realized. EU integration tools can increase the efficiency and competitiveness of enterprises, and the existing structural funds support these processes. European integration is only a complement to the implementation of international business, it can not replace domestic efforts and entrepreneurial activity in the country. Currently, the main task for Ukraine is to formalize agreements with the EU on the implementation of the principles set out in the AMB. European integration is the main goal of Ukraine – it can be an opportunity to build an economically developed state, strengthen and find new ties in the world system of international relations. European integration is a profitable way for those companies that want to realize themselves in the international market and is one of the main ways to develop and improve business.
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Roman, Angela, and Valentina Diana Rusu. "Digital Technologies and the Performance of Small and Medium Enterprises." Studies in Business and Economics 17, no. 3 (December 1, 2022): 190–203. http://dx.doi.org/10.2478/sbe-2022-0055.
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Abstract The profound negative effects of the current pandemic crisis on firms, especially small and medium-sized ones, have forced them to rethink their business models. In order to survive and compete, many businesses have focused on adopting and using digital technologies. Several studies have shown that digital technologies could facilitate business continuity and increase their resilience to shocks. Starting from the fact that SMEs are an important source of innovation and the predominant form of business organization, the European Commission has repeatedly emphasized the importance of digital business transformation and the need to support the digitalisation of SMEs. Our study aims to analyse the degree of digitalisation of SMEs in EU countries and the obstacles they face in digitizing their business. In addition, we aim to examine the extent to which the use of various forms of digital technology could stimulate the growth of SME performance. The analysis covers the 27 EU member states and is mainly based on data provided by the European Commission and the OECD, as well as information provided by European Investment Bank surveys. Our paper complements the literature focused on the digitization of SMEs, especially by highlighting the gaps between EU countries in terms of digitization of the SME sector, but also by empirically examining the impact of digital technologies on the performance of SMEs in EU countries. Through its content, our study emphasizes the crucial importance of digitizing SMEs so that these companies are drivers of economic growth and development of countries. The results of our research may be of interest to both researchers concerned with business digitalisation and decision-makers at various levels, who should prioritize the identification of appropriate measures to stimulate digital innovation and investment in information and communication technology infrastructure.
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Dubyna, Maksym, Nataliia Kholiavko, Artur Zhavoronok, Yuriy Safonov, Denys Krylov, and Yuliia Tochylina. "The ICT Sector in Economic Development of the Countries of Eastern Europe: a Comparative Analysis." WSEAS TRANSACTIONS ON BUSINESS AND ECONOMICS 19 (January 11, 2022): 169–85. http://dx.doi.org/10.37394/23207.2022.19.18.
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The purpose of the article is to study the impact of the ICT sector on economic development of countries based on the comparative analysis of this sector development in some Eastern European countries. Within the article, economic development of the outlined countries in 2010-2019 was studied and analyzed. The analysis of the impact of the ICT sector on the GDP formation allowed to single out certain groups of countries under this indicator and to identify the characteristics that are inherent to them. Using the correlation-regression analysis made it possible to analyze the ICT impact on economies development of Hungary, Bulgaria, Poland, Romania, Slovakia and the Czech Republic. Authors paid a special attention to the study of the influence of various factors on the ICT sector development. Accordingly, an analytical study of the dependence of the ICT sector weight in the GDP of the countries on the following parameters: enterprises that employ ICT specialists; enterprises that provided training to develop/upgrade ICT skills of their personnel; percentage of the ICT personnel in total employment; using Internet for Internet banking, % of individuals; enterprises who have ERP software package to share information between different functional areas; enterprises selling online (at least 1% of turnover), % of enterprises; online purchase in the last 12 months, % of individuals; enterprises having received orders via computer mediated networks, % of enterprises. Within the article, the features of the ICT sector development in the COVID-19 context are examined, and it is analyzed how the pandemic has affected the development of this sector in long and short terms. The study showed that the ICT sector today already plays a key role in the development of the national economies. Countries where the sector is developing faster show better performance and economic development.
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M. Posokhov, I., and E. V. Chepizhko. "Modern Approaches to Ensuring the Competitiveness of Railway Transport in the Context of the European Integration." International Journal of Engineering & Technology 7, no. 4.3 (September 15, 2018): 497. http://dx.doi.org/10.14419/ijet.v7i4.3.19923.
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The article provides a comparative analysis of the place of Ukraine in the international rankings such as GCI, Doing business, IEF, SPI, CPI. The necessity of transformation and socio-economic features and indicators of development of the existing economic model of Ukraine are researched. The main reasons for the low level of management quality of the enterprises are identified and analyzed. The world experience of the structure of elements and implementation of organizational and economic mechanism of managing the competitiveness of enterprises of individual countries with the most successful indicators of economic development is researched. The main problems of the railway industry and the necessity of continuous improvement of the enterprise competitiveness management system are determined. The article outlines the main directions of increasing the competitiveness and development of rail transport.
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Fu, Ze. "Challenges and Countermeasures of Zhejiang's Multicultural Community Governance under the Background of Digital Reform." International Journal of Computing and Information Technology 1, no. 1 (May 29, 2022): 1. http://dx.doi.org/10.56028/ijcit.1.1.1.
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In recent years, with the economic globalization, not only promote the development of international trade, but also conducive to the spread of various countries, around the culture, folk customs, customs and so on, and even Our country learn from other countries' business management model, so as to improve the business situation of our own enterprises. Under the development of the global economic reform, the digital reform is sharing information resources across China, so as to realize information exchange across China. In the process of implementing the reform of pluralistic community governance in Jiangsu and Zhejiang regions, there are many problems, and it is necessary to formulate relevant countermeasures for the problems of pluralistic community governance with the help of the background of globalization and digital reform.
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Belyaeva, Zhanna, Edyta Dorota Rudawska, and Yana Lopatkova. "Sustainable business model in food and beverage industry – a case of Western and Central and Eastern European countries." British Food Journal 122, no. 5 (March 29, 2020): 1573–92. http://dx.doi.org/10.1108/bfj-08-2019-0660.
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PurposeThe presented study pinpoints transformation of business models of small and medium enterprises (SMEs) in the food and beverage sector depending on their sustainability strategy. This paper makes a novel contribution to understanding various instruments of sustainability implementation in SMEs’ business models operating in the food and beverage industry of well-developed Western European countries versus less-developed Central–Eastern European countries.Design/methodology/approachThe empirical basis is a survey of 770 European SMEs, of which 369 operate in Western European countries (including Great Britain, Germany and Spain) and 401 in Central and Eastern Europe (including Poland, Croatia and Russia). The nonparametric U Mann–Whitney test was used to examine the significance of the differences between the two groups of companies.FindingsThe study empirically confirmed that despite self-declared lack of skills and knowledge in managerial impacts of sustainability, it shapes business models of SME in both country groups in food and drink industry. At the same time, the motivation grounds for business models transformation toward sustainable models vary between mostly economic factors in Eastern Europe and social and cultural factors in Western Europe. The economic factor is formed due to smaller integration into social investments at the SME-level Eastern European countries, while Western European SMEs invest more in a variety of sustainability supporting instruments (R&D, new equipment).Originality/valueThis comparative study is the novel empirical research study on the implementation of sustainability into business models of food and beverage SMEs operating in two groups of Western and Central–Eastern European countries, which has not been previously observed in such a setting.
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Stanković, Jelena J., Ivana Marjanović, Sandra Milanović, and Milica Jovanović Vujatović. "DETERMINANTS OF ENTREPRENEURIAL DYNAMICS: THE CASE OF THE EUROPEAN UNION." Zbornik radova Ekonomskog fakulteta u Rijeci: časopis za ekonomsku teoriju i praksu/Proceedings of Rijeka Faculty of Economics: Journal of Economics and Business 40, no. 2 (December 30, 2022): 329–51. http://dx.doi.org/10.18045/zbefri.2022.2.329.
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Since economic theory identifies new enterprises as one of the basic drivers of economic growth, it brings to the forefront the need to understand the existing dynamics of entrepreneurship. Consequently, the identification of the basic entrepreneurship’s determinants is a central issue from both a theoretical and a practical point of view in contemporary literature. A better understanding of the factors influencing the dynamics of entrepreneurship is a basic precondition for creating effective policies aimed at encouraging the creation of new companies, and consequently, the creation of new jobs. Therefore, this paper addresses several important issues. From the theoretical standpoint, the role of entrepreneurial determinants in creating a new business is examined. From a practical standpoint, the basic formal institutional factors influencing the birth rate of new companies are analyzed. The analysis was conducted on a sample of European Union countries for the period from 2010 to 2019 using data from the World Bank’s Doing Business database, as well as data on business dynamics from the Eurostat database. A panel data regression analysis using the fixed-effects estimation procedure with Driscoll-Kraay standard errors was conducted, and the results indicate that the dynamics of new enterprises’ foundation are negatively affected by the total tax burden, as well as the cost of property registration, while the amount of initial capital required to open a business has a positive impact. The results of the research can serve as a basis for fine-tuning policies that will facilitate and encourage the creation of new enterprises.
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Stąpniak-Kucharska, Anna. "Changes In The Rules For Granting State Aid To Enterprises In The European Union." Comparative Economic Research. Central and Eastern Europe 16, no. 4 (February 13, 2014): 101–20. http://dx.doi.org/10.2478/cer-2013-0030.
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The point of departure of EU State aid policy is laid down in the Treaty establishing the European Community (hereinafter the “Treaty”). This Treaty provides that State aid is, in principle, incompatible with the common market. However, the principle of incompatibility does not amount to a full-scale prohibition. In the EU countries state aid is permissible to promote the economic development (of areas where the standard of living is abnormally low or where there is serious underemployment) and to facilitate the development of certain economic activities or certain economic areas (where such aid does not adversely affect trading conditions contrary to the common interest). The provisions of the 2000 Lisbon Strategy and the “Europe 2020” Strategy are also important in determining the directions of state aid in the European Union. According to their assumptions the member countries have been required to: reduce the level of aid relative to GDP; reduce state aid which decreases competition; reorient sectoral aid to horizontal and regional aid; and change the forms of state aid-from passive to active instruments. The purpose of this paper is to present the directions of allocation of state aid in the EU countries during 2000-2011, and answer the question whether the resolutions contained in the Lisbon Strategy have been implemented. The research hypothesis is: have the changes in the size, direction and allocation of state aid taken place in accordance with the resolutions of the Lisbon Strategy.
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Nur Laila Rahmawati, Indah Fajrotuz Zahro, Asnawi, Nurul Fitriandari, and Eryul Mufidah. "Pemanfaatan Pelepah Pisang Menjadi Produk Inovatif sebagai Upaya Peningkatan Pendapatan Ekonomi Keluarga di Desa Jamberejo Kecamatan Kedungadem Kabupaten Bojonegoro." Engagement : Jurnal Pengabdian Kepada Masyarakat 3, no. 1 (May 30, 2019): 21–31. http://dx.doi.org/10.29062/engagement.v3i1.47.
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The economic challenge in the era of ASEAN Economic Community (MEA) is economic competition in the ASEAN countries. Consequently, efforts to improve Small and Medium Enterprises (SMEs) must be sustainable and should be done by synergizing among the social community, higher education, and the business community. To implement it, Jamberejo village of Kedungadem Sub-district, Bojonegoro developed assets that the social community has, that is banana bark which was able to be used as crafts that have economic value. By using Participatory Action Research (PAR) method, 57 women and higher education were invited to make crafts from banana bark to be used as a home industry business. Based on 6 samples of product, the business got a profit of Rp. 2,100,000. Return of Investment (ROI) is about 2.2 months. Then the average income level of the Jamberejo people has increased by 42.9% or equivalent to Rp. 900,000 per month. It happened after they got a mentoring program for the innovation of banana bark
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Rusu, Valentina Diana, and Angela Roman. "E-Entrepreneurship and Economic Development: the Case of EU Countries." Open Economics 3, no. 1 (March 13, 2020): 1–24. http://dx.doi.org/10.1515/openec-2020-0001.
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AbstractThe aim of our paper is to identify how entrepreneurs from European Union (EU) countries use information and communications technologies (ICTs) in their business activities. We also propose to identify if there are differences in the use of ICTs by entrepreneurs, according to level of economic development of EU countries. In order to achieve these goals, we analyse a sample of EU countries, by including them into two groups, according to the stage of their economic development. For analysing the data, we use several methods (the logical-constructive method, comparative methods and benchmarking). The benchmarking method helps us to estimate indicators at country level and to compare them between countries. Our results indicate that e-entrepreneurship in developed countries is more advanced compared to developing countries. There are also significant differences regarding the use of informational technologies between types of firms by their size. Small enterprises use in a lower proportion ICTs in their activity compared with large firms. Through the content of our research, we emphasize that in order to adapt to the rapid changing environment and also to the changes in the consumer’s behaviour the enterprises should focus on introducing the ICTs in their activity to face the competition. Also, government policies should pay more attention to supporting development of information technology infrastructure.
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Khalatur, Svitlana, Nataliia Kuprina, and Larysa Kurbatska. "NEW BUSINESS STRATEGIES FORMATION OF ENTERPRISES AND OUTSOURCING DEVELOPMENT AS A CONDITION FOR INCREASING COMPETITIVENESS IN THE MARKETS OF EUROPE AND UKRAINE: COMPARATIVE ANALYSIS." Baltic Journal of Economic Studies 7, no. 4 (September 27, 2021): 203–13. http://dx.doi.org/10.30525/2256-0742/2021-7-4-203-213.
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The purpose of the article is to substantiate the need for the formation of new business strategies of enterprises and the development of outsourcing as a condition for increasing competitiveness in the markets of Europe and Ukraine. The subject of research is the process of forming new business strategies of enterprises and the development of outsourcing as a condition for increasing competitiveness in the markets of Europe and Ukraine. Methodology. Theoretical and methodological basis of the study is the theory of systems, the theory of economic development, scientific developments of foreign and domestic models on the business strategy formation of enterprises, economic development of European countries. General scientific and special methods were used to achieve a specific goal, in particular: the methods of economic and financial analysis; statistical and economic method, including comparison, as well as the graphical method. Conclusion. Thus, in the context of globalization, all countries and their businesses are looking for new forms of international cooperation, including outsourcing. The effectiveness of outsourcing business strategies is confirmed by global practice, which shows that currently more than half of European companies use outsourcing in their activities. There is a unique opportunity for Ukraine and its regions to take advantage of international outsourcing due to the possible positioning in today's market both as a provider of outsourcing services and as a customer. In the first case, this can be achieved through an attractive ratio of high skills and low wages, a satisfactory level of infrastructure development, and in the second case – by getting access to cheaper or rare resources, new technologies, best business practices, which forms the basis for the transition of Ukrainian enterprises to innovative development. Outsourcing is an effective way of doing business, given the benefits and opportunities that the customer company receives when using it. The business model of innovative outsourcing is an important direction of modern business development in the global marketplace. Nowadays, personnel outsourcing is an effective tool for improving the performance of any enterprise, taking into account the above-mentioned advantages and limitations that the customer receives in their application. However, outsourcing should not be considered a universal tool for solving issues and problems of enterprises, as there are tasks that can not be entrusted to independent professionals. Any business strategy of the enterprise must be consistent with the probable risks.
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Tereschenko, Svetlana, and Elena Diachenko. "UKRAINE’S PLACE AND CHALLENGES IN THE EASTERN EUROPEAN PRODUCTION OF CHICKEN EGGS." Baltic Journal of Economic Studies 5, no. 2 (May 13, 2019): 214. http://dx.doi.org/10.30525/2256-0742/2019-5-2-214-220.
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Research subject. This report examines the current situation in poultry egg sector development in countries of Eastern Europe, features and challenges for Ukrainian eggs sector. The aim of the work is to summarize theoretical and practical aspects of improving the economic efficiency of poultry industry enterprises, to analyse the current state of the organization of egg poultry production, to develop and substantiate general recommendations for improving the state of the poultry industry at specialized enterprises. The methodology of the study includes statistical methods and methods of economic and comparative analysis, etc. The article presents the results of research on the dynamics of poultry development in Eastern Europe and Ukraine in particular. The movement of poultry, the level of poultry production and the production of chicken eggs, consumption of poultry products are analysed. The functional and organizational structure of the poultry business in Ukraine is developed. The general structure of poultry production allocation is provided, which proves the formation of poultry farming as an industrial business and reduction in the share of poultry keeping in households due to the concentration of production in specialized enterprises. The main producers of poultry products in Ukraine are revised. The dynamics of sales prices for chicken eggs and main factors influencing its annual fluctuations are investigated. The export potential of poultry farming is analysed, as well as the main importer countries of Ukrainian poultry production. The issue of modern challenges and problem areas of production of the corresponding products is investigated, concerning less manoeuvrability of small poultry farms, their inability to influence the conjuncture of the poultry market. The main threats to the activities of enterprises are named, first of all, by external factors: the economic situation in the country, which affects purchasing power of buyers, the level of egg prices, increased competition from large enterprises and enterprises of EU member states, livestock diseases and the epidemiological situation in the country. The analysis of the possibilities of further development of poultry farms, taking into account the existing potential and modern poultry business problems, is carried out. The main directions for improving production with the aim of improving the efficiency of the poultry industry are determined: improving biotechnological processes, providing a set of measures improving poultry, compliance stocking density of birds in the poultry house, proper nutrition by scientifically grounded norms of consumption of nutrients and elements; improvement of methodological basis of state supervision over the quality and safety of food products and raw materials; creation of modern instrumental analytical framework and quality control and safety of food raw materials and foodstuffs, etc.
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Horbal, Natalia, and I. Plish. "CIRCULAR BUSINESS MODELS FOR SUSTAINABLE DEVELOPMENT OF UKRAINIAN ENTERPRISES." Journal of Lviv Polytechnic National University. Series of Economics and Management Issues 5, no. 1 (June 1, 2021): 15–29. http://dx.doi.org/10.23939/semi2021.01.015.
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Purpose. The purpose of the research is to analyze Ukraine and its enterprise’s methods of implementation of circular principles and business models to ensure their sustainable development. Design/methodology/approach. The study examines the hypothesis of the global need and high efficiency of changing the economic model from linear to circular at different levels, including the adaptation of circular business models at Ukrainian enterprises. To assess the essence, advantages, practical approaches, and examples of transformation by enterprises of the circular principles and business models, general scientific theoretical methods of scientific research (formalization, analysis, and synthesis, systematization, and explanation) are used. Findings. The hypothesis of the global need and high efficiency of changing the economic model from linear to circular at different levels, including the adaptation of circular business models at Ukrainian enterprises, is proven. The world experience and practice, first of all, European, are analyzed, and successful examples of their introduction by the leading enterprises are given. They confirmed that circular principles are helpful not only for ecology and the environment but also for enterprises and states’ economic efficiency. Practical implications. The results of this research show that taking into account the world experience and provided recommendations, in particular on “green procurement”, it is expedient for domestic enterprises to implement promptly circular business models for sustainable development and international competitiveness boosting, and for the state – to develop a clear strategy for transition to a circular economic model. For its effective implementation, it is necessary to consider three aspects: economic, environmental, and social, as well as possible risks. Originality/value. Considering current environmental and economic problems, the circular model was recognized as especially relevant for Ukraine today on its way to the E.U. This study highlights the essence, principles, prerequisites, and world experience of transition from a linear to a circular model of the economy and ways of sustainable development and competitiveness of domestic enterprises by adapting circular business models. The results are valuable for enterprises and countries in their transition to circularity, providing waste recovery and recycling, using renewable materials and reuse of products, prevention of pollution and depletion of resources, ensuring profitability and sustainable development.
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Batrancea, Larissa M., Mehmet Ali Balcı, Leontina Chermezan, Ömer Akgüller, Ema Speranta Masca, and Lucian Gaban. "Sources of SMEs Financing and Their Impact on Economic Growth across the European Union: Insights from a Panel Data Study Spanning Sixteen Years." Sustainability 14, no. 22 (November 18, 2022): 15318. http://dx.doi.org/10.3390/su142215318.
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Getting access to sufficient funding is the keystone for the development of any business, but especially for small and medium enterprises (SMEs). These economic entities are crucial players in the global economy since they include almost 90% of companies, provide jobs for nearly 50% of the global workforce, and enhance long-term economic growth. In this context, our study explores important sources concerning the financing of small and medium enterprises and their impact on economic growth during the period 2005–2020 with data from SMEs covering the 28 countries belonging to the European Union. The set of predictors included Strength of legal rights index, Days sales outstanding, Bad debt loss, Interest rate, Bank support, Business angels, Private lenders, and Public support. The set of dependent variables included Cost of loans, Equity fund, GDP growth rate, and Value added growth rate. Our methodological approach was complex, it considered a panel data analysis with a first-difference generalized method of moments estimator and a multiplex time series analysis. The novelty of the study resides in combining the two methods in order to investigate significant drivers of economic growth across the EU. Empirical results showed that economic growth was mainly triggered by predictors such as Interest rate, Business angels, Bank support, and Public support. Moreover, the valuable mathematical insights elicited by the multiplex time series analysis suggested that European economies cooperated intensively through SME activities. Based on our empirical results, national and regional authorities should enact adequate policies to support business endeavors of small and medium enterprises.
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Valaskova, Katarina, Peter Adamko, Katarina Frajtova Michalikova, and Jaroslav Macek. "Quo Vadis, earnings management? Analysis of manipulation determinants in Central European environment." Oeconomia Copernicana 12, no. 3 (September 27, 2021): 631–69. http://dx.doi.org/10.24136/oc.2021.021.
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Research background: The paper investigates the earnings management phenomenon in the context of Central European countries, attempting to identify the factors and incentives that can influence earnings management behavior on a sample of 8,156 enterprises from Slovakia, the Czech Republic, Hungary, and Poland.
Purpose of the article: The main purpose of the manuscript is to prove that there are significant differences in earnings management practices (measured by discretionary accruals) across the countries and to find the firm-specific features that influence the way enterprises manage their earnings.
Methods: The modified Jones model was used to calculate the discretionary accruals, which are further analyzed across the countries. The statistically significant differences were confirmed across the countries. Thus, the impact of the economic sector, firm size, firm age, legal form, and ownership structure on earnings management behavior is studied by the Kruskal-Wallis test. The Dunn-Bonferroni post hoc tests then revealed the significant differences across the categories of the investigated earnings management determinants. To find the association between the particular earnings management practice (income-increasing or income-decreasing manipulation), correspondence analysis was used to visualize the mutual relations.
Findings & value added: The results of the realized investigation revealed that the economic sector is one of the most important earnings management determinants, as its statistical significance was confirmed in each analyzed country. The correspondence analysis determined specific sectors, where income-increasing manipulation with earnings is practiced (NACE codes F, J, K, M, N), and vice versa, income-decreasing earnings management is characteristic for enterprises in sectors A, C, D, G or L. In specific economic conditions, firm size is also a relevant indicator (Hungary), or firm age and legal form and ownership structure (Poland). The recognition of crucial earnings management incentives may be helpful for authorities, policymakers, analysts and auditors when identifying various techniques and practices of earnings manipulation which could vary across the sectors and taking necessary measures to mitigate potential financial risks.
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Petrushenko, Yuriy, Fedir Zhuravka, Vladyslav Shapoval, Lyudmila Khomutenko, and Olena Zhuravka. "Sustainable socio-economic development and Rainbow Europe Index." Problems and Perspectives in Management 19, no. 4 (December 21, 2021): 408–21. http://dx.doi.org/10.21511/ppm.19(4).2021.33.
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The issues of recognizing the rights of the LGBTQ+ community around the world and developing appropriate anti-discrimination policies and laws are one of the main topics for discussion in the global agenda. This is due to the commitment of the world community to protect human rights and meet the needs of society. The paper aims to assess the relationship between socio-economic development indicators of some European countries and the Rainbow Europe Index. To find out how discrimination against the LGBTQ+ community affects various social and economic development indicators of some European countries, a data matrix was developed and the Spearman rank correlation coefficient was calculated. The obtained results confirmed a positive relationship between the Rainbow Europe Index and GDP per capita, the Human Development Index, the Corruption Index, and the Index of Happiness. Calculations have shown that the Rainbow Europe Index had a significant impact on these indicators. The study proved the dependence of indicators and demonstrated the need to provide freedoms and rights for LGBTQ+ affiliated members in Ukraine and other European countries. AcknowledgmentThis paper is published as a part of research projects “Convergence of economic and educational transformations in the digital society: modeling the impact on regional and national security” (No. 0121U109553) and “Reforming the lifelong learning system in Ukraine for the prevention of the labor emigration: a coopetition model of institutional partnership” (No. 0120U102001).