Innovative trends in international business and sustainable management

著者

    • Lazareva, Elena I.
    • Murzin, Anton D.
    • Rivža, Baiba A.
    • Ostrovskaya, Victoria N.

書誌事項

Innovative trends in international business and sustainable management

Elena I. Lazareva ... [et al.], editors

(Approaches to global sustainability, markets, and governance)

Springer Nature Singapore, c2023

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注記

Other editors: Anton D. Murzin, Baiba A. Rivza, Victoria N. Ostrovskaya||||

Includes bibliographical references

内容説明・目次

内容説明

This book describes the current innovative tendencies characteristic of multifaceted scientific research and practical developments in the field of international business development and sustainable management. This book shows how companies are forced to change development strategies and business models, which actualizes new priorities for scientific research in the field of international business and sustainable management. Therefore, completely new subject areas of research are being formed; management guidelines are being transformed; new business development tools are being developed; the very system of academic research is changing. This book "Innovative Trends in International Business and Sustainable Management" is devoted to the discussion of these and other issues related to all major areas of international business development and sustainable management. This book systematically describes multidimensional trends, challenges, and opportunities for the development of international business and sustainable management in the context of a global pandemic. In this sense, it is unique and relevant for both scientific researchers and modern business practitioners. This book uniquely highlights new priorities of scientific and practical research in the field of international business and sustainable management that require a systematic knowledge of the ongoing transformations of trends, challenges, and opportunities for the development. Aimed at scholars and practitioners, the book provides illustrations of international best practice for conducting business beyond borders. The main goals of the book are firstly to provide opinions on current innovative approaches and technologies for solving modern problems of international business, as well as on the formation of a multi-level system of sustainable management of the socioeconomic systems' development, secondly, to integrate research from academia, as well as practitioners in order to form priorities, approaches and models of company management in the context of globalization, strategies for the development of management systems in the context of the "new reality", thirdly, to find the most relevant new areas of research, the results of which can be useful to companies for making management decisions, and concludes to analyze new tools for the development of international business, their capabilities, and areas of application

目次

  • 1. Rivza Baiba (Ed)Latvia University of Agriculture LLUFaculty of Economics and Social developmentDoctor of Business AdministrationE-mail: baiba.rivza@llu.lvORCID 0000-0002-8719-3102 CONTEMPORARY TRENDS IN INTERNATIONAL MANAGEMENT AND BUSINESS: CHALLENGES AND OPPORTUNITIESThe change in the paradigm of business development in the context of a global pandemic and digitalization has an impact not only on the process of economic management itself but also directly on management methodologies and tools. It is characteristic that the transformation of the economy within the framework of management encompasses both separately functioning leading companies of developed countries and each type of activity, sector, and direction. The transformation affects not only the development of international management but also approaches to staffing and interaction with human resources. The values of entrepreneurship are changing - from purely financial aspects to value and customer-oriented results. The new economy is a response to the processes of resource conservation and the implementation of the concept of lean production, which requires the use of innovative solutions to maintain competitiveness in the context of globalization.2. Elena Lazareva (Ed)Southern Federal University, Rostov-on-Don, RussiaE-mail: elazareva@sfedu.ruORCID: 0000-0001-5829-5372 THE SUSTAINABILITY FORMULA: A HUMAN-CENTERED STRATEGY FOR MANAGING ECONOMIC TRENDS IN THE CONTEXT OF ESG-TRANSFORMATIONThe relevance of this study is determined by the fact that the COVID-19 pandemic has become an unprecedented challenge for the entire planet, requiring a comprehensive response, combined efforts of government and business. In general, the pandemic gave an important impetus to humanity's awareness of the important role of humans and ESG-factors in economic activity. Effective strategic management of human capital is a key condition for increasing the sustainability of innovative development of the economy and society. The purpose of the study is to substantiate the ways of installing human capital, which perform a significant reproduction function in the economy of sustainable innovative development, into the strategic management system. To achieve the goal of the study, the article has solved the problem of systematizing fundamentally new approaches to the strategic management of socio-economic systems, aimed at increasing human resources
  • the systems of human capital characteristics that affect the degree of sustainability of socio-economic trajectories are structurally presented
  • the specificity of the innovation-reproduction function of human resources is revealed, the strategies for the increment of human capital in the management system for the sustainable-innovative development of the economy are substantiated and empirically verified. The novelty of the author's approach lies in the substantiation of the directions of integration of the structural model of human capital as an important resource-reproductive component of sustainable and innovative development of the economy into the strategic management system. The results of approbation of the author's developments can serve as the basis for the formation of an effective regulatory mechanism that ensures an increase in the degree of stability of the trajectory of innovation-oriented economic development in the context of fluctuations in the world socio-economic system.3. Anton Murzin (Ed), Chang ShanyiSouthern Federal University, Rostov-on-Don, Russia, ChinaE-mail: admurzin@sfedu.ruORCID: 0000-0001-9190-8919 MODELING THE REGIONAL ECONOMIC DEVELOPMENT OF THE RUSSIAN BORDER CHINA'S PROVINCES BASED ON THE SOLOW MODELAs the concept of green development is becoming more and more popular today, the driving factors of regional economic growth significantly affect the high-quality and sustainable development of the regional economy. Taking the Solow growth model as the basic framework, using the economic development data of Xinjiang, Inner Mongolia, and Heilongjiang in three provinces in China since 2010 to carry out empirical research to measure the contribution rate of various factors such as capital input and labour input to economic growth
  • The model is expanded to study the long-term driving forces of economic growth in several provinces, and explain the current and long-term kinetic energy conversion. At this stage, capital investment is still the main driver of economic output in several provinces. Several provinces should focus on scientific and technological innovation, optimize and adjust the industrial structure, integrate technological factors into the capital and labour supply side, comprehensively deepen technology-based improvements, and accelerate the transformation of economic growth power.4. Elena PopkovaMoscow State Institute of International Relations (MGIMO), Ministry of Foreign Affairs of the Russian Federation, Moscow, VolgogradE-mail: 210471@mail.ruORCID: 0000-0003-2136-2767 STRATEGY FOR THE FUTURE: PROSPECTS FOR THE DEVELOPMENT OF THE WORLDThis study identifies the key problems that humanity faced in the first two decades of the 21st century and will actively fight until 2030: climate change, the suspension of economic growth and the need to accelerate it, rethinking globalization, the need to improve the quality of life and ensure security. The adoption of the Sustainable Development Goals confirmed the global recognition of their priority. Science must outline and propose means for modernizing security systems.This study identifies the prospects for the implementation of urgent tasks of economic sciences to solve the key problems of humanity noted based on the capabilities of the digital economy and Industry 4.0. The study is based on a progressive methodology for conducting dataset research, which allows, based on current international statistics, to carry out economic and mathematical modeling of the current state and best practices, as well as to conduct a strategic analysis of the prospects for the development of the world economy. The target focus of scientific research carried out in the 2020s is outlined. A new scientific vision of the growth strategy of developing countries was proposed, and the scientific foundations for the application of advanced digital technologies of Industry 4.0 to solving urgent problems of economic science in the interests of humanity were developed.5. Jeddy ShahriarCommercial Expert, Tehran, IranE-mail: jeddy.shahriar@gmail.comORCID: 0000-0003-1967-9490 REVIEWING THE EFFECTS OF IMPEDIMENTS OF INTENTION TO TRUST FOR PURCHASING ONLINE PRODUCTSIn Iran, during recent years there has been a quantitative and qualitative increase in online business sectors. However, despite the daily growth of virtual business networks, Iranian consumers regrettably did not trust such deals in a way that should be expected but were still willing to purchase the products in person through traditional channels. Trust and security of websites are considered to be the most important factors for the users as such businesses are under the category of B2C, and thus the satisfaction, as well as trustworthiness for the consumer, is on the priority. The purpose of this research is to investigate and review the Effects of Obstacles of Intention to Trust for Purchasing Online Products. The Theory of Planned Behaviour (TPB) model was used for the analysis of data by means of Partial Least Squares (PLS) Structural Equation Modelling (SEM). The population sample size for the study was 71 persons examined by an online survey. The findings revealed that there was positive significance between lack of integrity, lack of benevolence, lack of competency and intention to trust. In the meantime, intention to trust was significant with the intention to purchase. Consequently, it was suggested that e-tailers should try to enhance the dimensions of their trustworthiness to e-clients.6. Nadezda GriskjaneDaugavpils University, Daugavpils, LatviaE-mail: nadezhda.grishkyane@gmail.comORCID: 0000-0002-9532-8441 SOCIALIZATION OF THE ECONOMY IN LATVIAThe smart economy is the new direction of economic development that can be characterized by intellectualization, institualization, ecologization and socialization. To manage the smart economy is necessary to analyze all these characteristics in global, makro, mikro and mezo levels. A modern economy is an economy that focuses on the everyday context of people's lives. Therefore, in the transition to a smart economy, it is necessary to study and analyze individual characteristics of the population, as well as its lifestyle. This is the socialization of the economy. In the world, subjective assessment is mainly used to analyze the socialization of the economy, but in this article the author makes an objective assessment of the socialization of the economy in Latvia and its regions, taking into account official statistics.This article describes and analyzes the indicators of socialization of the economy, as well as their impact on the well-being of the population in Latvia and its regions.7. Ankita GuptaColliers International, Mumbai, IndiaE-mail: guptaankitain@gmail.comORCID: 0000-0001-9542-3417 ARTIFICIAL NEURAL NETWORK ANALYSIS FOR COST ESTIMATION OF BUILDING PROJECTS IN INDIAIn Construction Management, it is difficult to predict the cost estimate during the preliminary stage of the project. The difficulty stems from limited information and unknown factors. This paper aims to use Artificial Neural Networks to predict the cost estimate for construction projects. Due to their self-organizing nature, they can be used to solve problems even with low-level programming. This makes them useful in interpreting and generalizing inadequate input information. ANN's are crude derivatives of the biological neural network with a single-layered or multi-layered neuron in the form of the input layer, hidden layer and output layer. The neural network first has to undergo training from historical data to make predictions or show results. The size of the data set, the number of hidden neurons and the neural network architecture determines the success of the results. For the purpose of cost estimation, cost drivers were taken as inputs and their estimated costs were taken as the target value. The cost drivers were selected carefully through literature review and survey to provide accurate results for the estimate. Pareto analysis was performed to identify the most important cost drivers in a construction project. A problem was formulated based on these drivers and the data set was trained with a neural network using the MATLAB software. The training was carried out till the greatest correlation and least Mean Squared Error was obtained after multiple iterations. This trained data was used to predict the cost for a new project.8. Aibek TursunovHigher School of Economics, St. Petersburg, RussiaE-mail: atursunov@hse.ruORCID: 0000-0002-4875-611X LUSTER NETWORKS MANAGEMENT: INTER-CLUSTER BENCHMARKING MODELS FOR EAEUThe inter-cluster cooperation and collaboration tie formation or a cluster network establishment could serve for a deep understanding of cluster policy development potential and effective innovative development management in the Eurasian countries, including achieving strategic goals. In this paper, we had studied new inter-cluster tie possibilities and drawn up a Eurasia cluster network concept. By examining common factors of all clusters located in EAEU, analyzing influencing effects on new inter-cluster tie formation and outlining significant factors. According to revealed factors, management tools were benchmarked in order to highlight the Eurasian cluster network concept. Since, the practice on such network, the cluster policies of Eurasian Union countries and cluster organizations management instruments were taken into account in the delivered concept, we conclude with a wide description of the concept that has practical implementation and highly likely could be adapted in Eurasian economic realities.9. Tatyana KocherginaRussian Customs Academy Rostov Branch, Rostov-on-Don, RussiaE-mail: tpodgurskaya@mail.ruORCID: 0000-0002-0972-5652 ASSESSMENT OF COUNTRY RISK IN INTERNATIONAL BUSINESS MANAGEMENTCountry risks determine the environment for doing international business in a particular country. The business environment is characterized by the action of political, economic, technological, socio-cultural and other factors. To assess country risk, these factors must be taken into account, as they affect the final result of a business transaction. Country risk assessment is carried out by collecting information, processing it taking into account the chosen methodology, identifying risks, developing a strategy for the company's behaviour in the external market in order to minimize risks external for the company. The information base for assessing country risks is the data of international ratings, for example, the Global Competitiveness Index, the Doing Business Index, the Country Risk Rating (WMRC), and the International Country Risk Guide (ICRG) ratings. In modern conditions, the methods for determining the positions of countries in the rating data are criticized, which necessitates adjusting the methodological approaches to determining the rating indicators. The information collected in the form of indicators of international rankings represents a large amount of data. The processing of this data set presupposes the presence of certain software products developed in accordance with the selected risk assessment methodology. Risk assessment methods and risk indicators are independently determined by the firm following its strategy for organizing and conducting international business.10. Yuri KolesnikovSouthern Federal University, Rostov-on-Don, RussiaE-mail: yakolenikov@sfedu.ruORCID: 0000-0002-4057-0943 TAX INCENTIVES FOR SUSTAINABLE DEVELOPMENT IN THE CONTEXT OF DIGITALIZATIONIn the Russian Federation and European countries, there are national strategies and programs for the digitalization of the economy and society. Even though the state goals and objectives are similar in most cases, the approaches, in turn, to the implementation of the policy are somewhat different. Thus, the digital economy is characterized by economic activity, the key factor of which is IT production with data in digital form, contributing to the formation of information and telecommunications infrastructure. The degree of digitization of the economy allows us to predict the dynamics of GDP indicators in many countries of the world. It is worth noting that according to the growth rates of digitalization implementation in the economy, Russia is among the TOP 5 countries. Scientists agree that the digital economy is the only possible option to meet the needs of society in the XXI century. Digital technologies are transforming not only business within the country, but also pose new challenges to the tax system. Thus, this paper considers the tools of tax incentives that accelerate the process of digitalization of the economy. Digitalization of all spheres of life requires the state to exercise balanced tax supervision and take decisive actions in the national tax policy, providing the participants of the tax system with benefits and subsidies for the formation of the competitiveness of the Russian economy on the world market.11. Alla KiselevaSouthern Federal University, Rostov-on-Don, RussiaE-mail: avkiseleva@sfedu.ruORCID: 0000-0002-6252-0429 IDENTIFYING FINANCIAL BARRIERS TO THE USE OF INDUSTRY 4.0The report substantiates the inextricable link between financial, economic and constitutional construction. The author believes that the main obstacles for a long time, as well as the opportunities for the successful implementation of the 4:0 industry in the Russian Federation, lie in public legislation: constitutional and financial. The main trend of the fourth industrial revolution is the supposed clarification of a person from the production process, the replacement of human labour with robotic processes and programs. States, on the one hand, carrying a social function, cannot and do not want to allow unemployment, which can lead to upheavals in the political system, and will also inevitably lead to a reduction in the sources of tax revenue of the budget, which, in turn, undermines the foundations of statehood. On the other hand, market capitalist economies are a one-way road. Each of the economically active subjects makes the production process as efficient as possible in order to maximize consumption. Constitutions in the modern sense arose precisely to protect capital, reflecting the results of the political victory of the new economically powerful class - the bourgeoisie. The new values recognized by the world community are expressed in the UN Sustainable Development Goals and are related to the future of humanity as a whole.12. Roman Revunov, Sergey RevunovSouthern Federal University, Rostov-on-Don
  • South-Russian State Polytechnic University, Novocherkassk, RussiaE-mail: rrevunov@sfedu.ruORCID: 0000-0002-5089-4204 MODELING A UNIFIED EDUCATIONAL SPACE OF EURO-ASIAN STATESAnalysis of the main trends in the world labour market shows that the basic requirements for the level of education and training of job seekers are constantly increasing. The relevance of the work is due to the need to create favourable socio-economic conditions for attracting and retaining foreign citizens on the territory of the Russian Federation that meet the needs of the Russian labour market in qualified personnel, as well as the potential willingness to apply the knowledge gained in the Russian education system to carry out highly productive work within their own countries. One of the primary tasks is the search for a universal and effective mechanism for managing human capital with modern means of infocommunications in the context of an export educational model. The purpose of this study is to analyze the strategic directions of personnel training for the Russian economy, the development of human capital by increasing the competitiveness of Russian education, and the identification of factors to stimulate the export of educational services. The achievement of the goals set by the study is predetermined by the analysis of the main measures for the introduction of progressive digital tools into the export model of education, the formation of conditions for the effective self-realization of participants in the educational process, regardless of their territorial location. An analysis of empirical data shows that at the present stage, the Russian Federation, the Republic of Uzbekistan, the Republic of Belarus, the Republic of Kazakhstan have the potential for integration in the educational space, which allows, using digital tools, to form an effective environment for training highly qualified specialists for various sectors of national economies. The predicted results of our study can be considered the development of a set of socio-economic, organizational and technological recommendations aimed at increasing the human capital index and, as a consequence, the quality of life of all participants in the educational system (both in the model of its export and for an effective strategy for the development of education within the country).13. Evgeny MartishinSouth-Russian State Polytechnic University, Novocherkassk, Russia.E-mail: martishin@bk.ruORCID: 0000-0001-8595-2155 EVOLUTIONARY MANAGEMENT IN THE MANAGEMENT OF ECONOMIC GROWTH AND SUSTAINABLE DEVELOPMENTThe article reveals the tools and use of new areas of management: evolutionary management, DNA management, etc., shows their role in managing economic growth and sustainable strategic development of the economic system. The principles and tools of DNA management are being expanded and applied in macroeconomic research.The structure and mechanisms of evolutionary management, DNA management, new evolutionary-genetic and institutional factors, sources of economic growth and their management are highlighted. The article substantiates the systematic and interdisciplinary methodology, the principles of its use, the logical and semiotic nature of economic genes and genotype, the content of semiotic methodological tools, first of all, the structure of genotypic concepts and logical forms of economic genes, the influence of these mechanisms on economic growth and sustainable development. The economic genotype sets the direction of the functioning and development of the economic system. Hence, based on evolutionary and genetic principles, a prognostic basis for the strategy of economic growth and sustainable development, programs for its practical implementation and their monitoring are created. In managing the implementation of strategic forecasting and planning, it is important not to unambiguously or probabilistically anticipate development scenarios, but to establish, first of all, a logical sequence of the stadiality of economic evolution. Strategic management involves the implementation of the goals of socio-economic development and priorities of socio-economic policy. Such goals at the macro - and micro-levels are, as it is justified, the content of genotypic concepts of the economic system. From the standpoint of the evolutionary-genetic approach, the management of economic growth and sustainable development involves the activation and stimulation of economic genes and genotypic structures, the elimination of socio-economic negative mutations in the development process.14. Taiwo T. LasisiSouthern Federal University, Rostov-on-Don, Russia
  • School of Tourism and Hotel Management, Bahcesehir Cyprus University, North Cyprus, Turkey.E-mail: lasisi@sfedu.ruORCID: 0000-0003-1912-5391 MODELLING THE RELATIONSHIP BETWEEN NATURAL RESOURCE RENT, URBANIZATION, ECONOMIC GROWTH, AND CARBON EMISSIONS: DOES ECO-INNOVATION MATTER?Even though Luxembourg is flourishing economically, the annual carbon emission of the country is still experiencing an upward trend, which indicates that their economic growth achievements are not sustained simultaneously with their environmental quality. Therefore, this study analyzed the effect of economic growth, urbanization, total natural resource rent, and eco-innovation on the carbon emissions of the country. Data spanning from 2003 to 2016 was used and several econometric methods were used to determine the impact of these variables. Findings revealed that economic growth and natural resource rent significantly increase carbon emissions while urbanization also increases carbon emissions but is not statistically significant and eco-innovation was found to reduce carbon emissions both in the short and long run. Based on these findings, it is recommended that policies are put in place in Luxembourg to promote environmental-related technologies to ensure environmental sustainability.

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