Institutional innovation creates smart institutions that idiosyncratically thrive in a world of exponential change. Through policy-driven interventions and experiential learning, managers of institutions become adept at delivering praxis- and crisis-driven innovations required for survival and success. Similarly, the management of institutional innovation remains an interest in research due to links of this form of innovation to economic growth, and the demands of on-going major socioeconomic transformations due to technological advances, increased occurrences of major crises, and emerging socioeconomic challenges. Accordingly, a key question arising from the literature concerns the range of determinants and priorities that influence institutional innovation for delivering society value. Thus, the onus is on scholarship to capture and advance knowledge for harnessing the potency of institutional innovation. The purpose of this article is to analyse the current state of research on institutional innovation. Using the systematic review methodology, we identify and critically appraise 485 peer-reviewed scientific publications between 1969 and 2021. The review finds key determinants and management priorities with a view to developing a multi-level management model of institutional innovation. Guided by insights from the review, the article sets a research agenda for future management studies of institutional innovation. 

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Systematic review of institutional innovation literature: towards a multi-level management model

One of the most important demonstrations of the modern economy is the growing importance of innovation. The innovative process, or the process of technological change is a complex concept encompassing the improvement of products, production processes, raw materials as well as management methods. Therefore, the central  aim of the research is to analyse the innovative processes that contribute to the development of the state economy. To accomplish the objectives, we carried out the calculations to examine the relations between the cost indicators, modelling, correlation and regression analyses. The particularities of business processes in innovative activities of organisations leads to uneven distribution, specific cost structure in the crisis and the traditional situation of an insignificant share of innovation in the financing process. The study presents mathematic model of innovation activities of an enterprise, based on economic indicators of current operations. The object of the research are industrial enterprises. Since an important segment of business processes in innovation is small innovative companies, our task is to develop a methodology for forecasting the number that would be suitable for them. From the findings of our research, we concluded that the models that had been previously developed were more effective at the micro level. Based on the analysis of the distribution of costs between technological, marketing, organisational innovations by types of innovation and economic activities by building an adequate set of statistical models, we have identified the following particularities: the basic internal (directly dependent) and external (indirectly affecting) factors that affect the selected performance characteristics.

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Providing Innovative Processes in the Economic Development of the Russian Regions

The relevance of the study of student mobility in the academic space is determined by the possibilities of implementing education outside one country, as well as the possibility of the establishment and development of cross-cultural communication. The purpose of this study is to determine the effectiveness of pedagogical conditions for the development of professional mobility of future teachers of foreign languages in the educational environment of the university. In the course of the research, a pedagogical experiment was conducted using monitoring, the statistical method, the method of collecting and processing data, as well as diagnostics and testing. In total, 722 students of II-IV years of the first educational level, a bachelor of a philological university, specialising in “Philology (foreign language and literature)”, took part in the study. The study describes the main pedagogical conditions for the development of the professional mobility of future teachers of foreign languages in the educational sphere of the university. An empirical study was carried out, the essence of which was in the process of development of the professional mobility of future teachers of foreign languages by introducing and studying the discipline “Mobility as a path to success”. Paired Student's t-test was calculated to determine changes in data at different stages of the study. The positive influence of certain pedagogical conditions on the general state of preparedness of students of higher educational institutions was revealed. It was found that the professional mobility of future teachers of foreign languages is determined by the personal, activity, and cognitive communication components. Three levels of development of professional mobility were investigated in accordance with the indicated components. The unpreparedness of future teachers of foreign languages for active professional mobility in accordance with the requirements of the innovative modern educational space was revealed. Research prospects are in the further improvement and implementation of the discipline “Mobility as a path to success” in higher educational institutions with a philological orientation

https://pp-msu.com.ua/web/uploads/pdf/Scientific Bulletin of MSU. Series Pedagogy and Psychology_2021_Vol. 7, No. 2_9-17.pdf

Academic Mobility of Students of Philological Specialisations in the Structure of Polylingual Intercultural Education

The challenges brought by the COVID-19 pandemic and the changes in the globalized market significantly affect the way business is conducted. The modern business environment is characterized by the fourth industrial revolution - Industry 4.0. The role of technology is increasing, and the pandemic accelerated the application of information-communication technologies and the need for sustainable development and sustainable business. These changes and the global economic challenges point towards entrepreneurship as an important driver of technology development, innovation, and overall economic growth. Entrepreneurship and youth entrepreneurship can positively affect economic development. It reduces unemployment rates, increases the standard of living, and supports economic growth. In this paper, a youth entrepreneurship model for sustainable business growth is developed. The goal was to identify influencing factors on youth entrepreneurship development and sustainable business. The research approach included a thorough analysis of available data and analysis of the existing body of literature in the domain of entrepreneurship, youth entrepreneurship, sustainable development, Industry, and Industry 5.0. The findings indicate that youth entrepreneurship is influenced by a wide array of factors, most notably age, close social environment, attitudes, and awareness of incentive means. Furthermore, the developed model provides a significant insight into what major factors and sub-factors can affect youth entrepreneurship and sustainable business. It can be concluded that entrepreneurial education, a stimulating environment, and an entrepreneurial economy can significantly influence youth entrepreneurship and sustainable business growth. These findings are important for government policies and strategies when it comes to youth entrepreneurship and sustainable business growth.

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Development of a youth entrepreneurship model for sustainable business growth

Aim of the Study: The business models of foreign TV channels that actively entered the Russian market at first meant only generating revenue from subscription fees. This was the basis of the cable operators ' business. Mostly TV channels used the services of distribution companies. Only a few of them, such as Nickelodeon, BBC Prime, TV XXI, have long represented themselves. Cooperation with one of the Russian partners, which they eventually agreed to, doubled their business in Russia in less than a year. But the operators wanted more diverse and unique content, on the basis of which they could form package offers. After all, the vast majority of broadcasters sought to get only in the basic packages. This limited the ability to segment the operator's offer. In addition, there are several difficult moments in relations with foreign TV companies. First, payments had to be made in foreign currency, while Russian partners would prefer to stay in the ruble zone due to the inconvenience of paying in foreign currency. Methodology: The production and distribution of television content is subject to the laws of the market economy to the same extent as for any other product. The content is created for the sales and profits of its producers. This is an axiom. But how such a task is solved is already the subtleties of marketing. In Russia, three main business models in the television industry were formed spontaneously: paid subscription, sale of airtime for advertising, and mixed, combining the first two. The intervention of the state regulator in this issue is likely to eliminate two of them, making all thematic television in the country only paid.. Conclusion: Today, advertising is not sold except on premium HD channels. Either the subscription more than pays for the cost of their production and distribution, or there are not enough subscribers to present to advertisers. However, even in this segment, distribution strategies and business models may differ significantly. The classical scheme can be considered a thing of the past. There is practically no broadcaster left that produces a TV channel based on exclusive content and simply sells it to premium packages of digital platform operators. This is mainly due to a decrease in the level of exclusivity of content that is increasingly available on the air of the basic package channels.

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On the Transformation of the Media System in the Business Environment on the Example of TV Journalism in Uzbekistan

Aim of the study: When considering entrepreneurship as a function, small and large entrepreneurs are singled out. On one side are the founders of small firms, often retaining the position of private owners. Their businesses face tough problems of survival, freedom of decision-making is very limited and depends on larger market participants. Innovation, they often cannot afford because of the limitations and lack of resources. Being sandwiched between three major forces - the state, large capital and organized wage labor, this group often simply does not have the ability to be focused on innovation and social change, it remains to try to adhere to the status quo. Methodology: Economic sociologists complement the functional approach with a structural approach, highlighting entrepreneurs as a set of social groups. And in the construction of samples for empirical research, entrepreneurs usually do not include those who implement the entrepreneurial function, since their selection before the study is often difficult, but the creators and leaders of new, primarily non-governmental organizations. Conclusion: This set of entrepreneurs is extremely heterogeneous. Fundamental differences between groups of entrepreneurs are related to the scale and scope of business, property rights, management schemes, the origin of capital, the nature of technological and financial chains in which their enterprises are embedded. The characteristics of different groups of entrepreneurs also include demographic characteristics, such as ethnicity, gender, age.

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Implementation of International Experience in Support of Youth Innovative Entrepreneurship in the Union State

The purpose of the research is the formation of innovative strategy of development of integration in the Union state as a basis for achieving the equilibrium state and the formation of a holistic understanding of the integration mechanism. The basis for equal partnership is an innovative mechanisms. In their study, we define such mechanisms on the basis of energy cooperation. Methods of research are forms and methods of formation of innovative system based on energy cooperation The result of the study is that the energy factor has always played and continues to play an important role in the world of international politics. Relations scheme "supplier-transit country-the ultimate consumer" has created a complex fabric of inter-state interactions that goes far beyond energy cooperation. Russia and Belarus was no exception. Energy, supply and transit of energy resources are the Central theme of the bilateral relations and the key issue on the agenda for all the countries of the former Soviet Union.

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Institutional Framework for Entrepreneurship of Regional Innovation Systems of the Union State

In modern conditions of development of market economy much attention in the Union state is paid to small and medium-sized businesses, their existence and problems. A necessary strategic resource for the development of small and medium-sized businesses is its youth sector.  The growing interest in youth entrepreneurship is also due to the fact that it currently has the potential to improve the socio-economic situation of young people. Methods of research are forms and methods of formation of innovative system based on entrepreneurship cooperation. The urgency of the problem of youth entrepreneurship development is recognized both in the state as a whole and in many regions of the country. Youth entrepreneurship is recognized as one of the priorities of the state youth policy and state policy in the field of support of small and medium-sized businesses. Evidence of this is the growing number of state, regional and municipal regulations and various programs directly or indirectly related to youth entrepreneurship.

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Regional Differentiation of Support of Youth Innovative Entrepreneurship System in the Union State

Aim of the study. Interaction as a basis of socio-economic integration in the construction of the Union state of Russia and Belarus determined by the ability of regional interstate economic projects. In particular, based on the integration of the latest technological processes. One such area is alternative energy. Methodology. The creation of a General for the Union state of Belarus and Russia program for alternative sources of electric energy will give the energy development of the two countries more dynamic and effective. The use of renewable alternative energy is an important way in the development of energy systems in many countries. And in Belarus, and in Russia already there are certain practices in this direction, but to achieve greatest result, it is important to join forces. Conclusion. In the framework of the Union state is currently implemented 14 joint programmes for implementation which only this year allocated more than 2.7 billion Russian rubles. Under development is another 27 programs. The most important current direction is the formation of the United energy system of Russia and Belarus. Also developed a long-term program of cooperation in the field of energy security, reviewed the tax and customs change, developing the necessary infrastructure.

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Sokolov Maksim Sergeevich

Papers

Implementation of International Experience in Support of Youth Innovative Entrepreneurship in the Union State

Institutional Framework for Entrepreneurship of Regional Innovation Systems of the Union State

Regional Differentiation of Support of Youth Innovative Entrepreneurship System in the Union State

Entrepreneurship of Regional Innovation Systems of Russia and Belarus as a Factor of Socio Economic Transformation in the National Economy