scispace - formally typeset
Search or ask a question
Journal ArticleDOI

Management of the economic potential of territories in the context of sustainable development: case of Ukraine

21 Oct 2019-Problems and perspectives in management (LLC CPC Business Perspectives)-Vol. 17, Iss: 4, pp 13-25
TL;DR: In this paper, the authors developed an assessment system of the economic potential of the territories under the conditions of sustainable development and the main components of its management, including environmental, investment, innovation, cluster, infrastructure, financial, export and human capital indices.
Abstract: The process of assessment of economic potential of territories and its governance is a complex task in emerging markets countries, such as Ukraine. This requires the creation of an effective evaluation system and management mechanisms. The paper aims to develop the assessment system of the economic potential of the territories under the conditions of sustainable development and the main components of its management. Methods of research are as follows: analysis, synthesis, systematization, standardization, etc. The integral indicator of the dynamics of the economic potential of Ukrainian regions assessment in the context of sustainable development is substantiated; it includes environmental, investment, institutional, innovation, cluster, infrastructure, financial, export and human capital indices. As a result three groups of regions with different levels of economic potential dynamics have been identified and clustered: regions with a high level of economic potential dynamics; regions with a stable level of economic potential dynamics; regions with low or negative levels of economic potential dynamics. The obtained results ascertain that special attention should be paid to the environmental, investment, innovation and institutional components of the economic potential management.

Content maybe subject to copyright    Report

Citations
More filters
Journal ArticleDOI
25 Apr 2019
TL;DR: In this paper, the authors defined international standards that are consistent with the sustainable development goals in the processes of globalization, and the scientific novelty consists in the allocation and content of the matrix of the sustainability development goals and their respective sectors that determine the direction in the international standardization system.
Abstract: The purpose of the article is to define international standards that are consistent with the sustainable development goals in the processes of globalization. The scientific novelty consists in the allocation and content of the matrix of the sustainable development goals and their respective sectors that determine the direction in the international standardization system. Conclusions. The generally accepted principles and foundations of international cooperation are presented in published (more than 22,000) international standards and related documents of the International Organization for Standardization (ISO). Consensus based, they provide a solid base on which innovation can thrive and are important tools that help governments, industry and consumers contribute to each of the goals of sustainable development. ISO standards cover almost all possible objects from technical solutions to systems that organize processes and procedures that support sustainable development goals through internationally agreed specifications that meet quality, safety and sustainability requirements and are found in sectors such as: security , safety and risk, construction, horizontal subjects, energy, health, medicine and laboratory equipment, information technology, graphics and photography, mechanical engineering, nonmetallic materials, food and agriculture gift, ores and metals, service, special technology, sustainability and the environment, transport, business management and innovation, freight, packaging and distribution. According to the results of the analysis carried out in the article and based on the stated goals of sustainable development and the corresponding sectors that define the direction in the system of international standardization of ISO, a matrix of conformity of the designation of elements is constructed.

5 citations

Journal ArticleDOI
TL;DR: In this paper, the impact of digitalization on the development of the world economy on the example of the economies of the European Union member states has been studied and the following methods have been used, namely: analysis, description, generalization, induction, deduction, tabular representation, graphical representation, correlation analysis, systematization and grouping.
Abstract: Transformation of economies with the application of information and communication technologies not only strengthens the competitiveness of countries in the international market, but also helps optimize and improve business processes in the international business environment. The purpose of the academic paper is to study the impact of digitalization on the development of the world economy on the example of the economies of the European Union member states. The following methods have been used, namely: analysis, description, generalization, induction, deduction, tabular representation, graphical representation, correlation analysis, systematization and grouping. Results: The positions of the European Union member states that are actively implementing the Digital Single Market strategy have been analyzed. It has been established that according to The Digital Economy and Society Index (DESI), Finland, Sweden, Denmark, the Netherlands and Malta have been among the top 5 leaders with the highest level of digitalization of the economy in 2020. Based on the study of The IMD World Digital Competitiveness Ranking, it has been found that the European Union member states, which are among the top 10 leading countries, such as: Denmark, Sweden and the Netherlands, have a high level of ability and readiness to research and implement digital technologies in order to achieve economic transformation and business transformation. The results of the correlation analysis have revealed the interrelationship between the values of Digital single market – promoting e-commerce for individuals and Enterprises that have provided training to develop / upgrade ICT skills of their personnel (%). It has been proved that Sweden, Malta and Estonia show a very high positive correlation, which indicates that these countries are actively implementing digital technologies in the development of economic processes.

5 citations

Journal ArticleDOI
TL;DR: In this paper, the authors study the features of the application of public-private partnership for the purpose of implementing state policy in the sphere of health care in the country of Ukraine and reveal the problem of implementing the PPP model has been revealed being the impossibility of municipal authorities to provide guarantees of funds' return to a private partner.
Abstract: Purpose: The problematic of functions and responsibilities’ distribution of the public and private sectors is a debatable issue in the study of the most effective PPP models. The objective of this academic paper is to study the features of the application of public-private partnership for the purpose of implementing state policy in the sphere of health care. Design/Methodology/Approach: Based on the in-depth case study for data collection and semi-structured in-depth interview, detailed data on the experience of PPP projects in Ukraine have been collected and analysed with statistical methods. Findings: As a result, the problem of implementing the PPP model has been revealed being the impossibility of municipal authorities to provide guarantees of funds’ return to a private partner. This problem is common in the countries with transition economies, where the concept of new public governance has not been implemented yet. The experience of Italy and China as an example of effective implementation of hybrid PPP models in the health care sphere has been studied. Originality/Value: Research proves the importance of compliance with the obligations of the municipality and its active participation in the implementation of the PPP project. The basic limitation is the inability to scale the results, the experience of the PPP project to other regions within countries due to the lack of practice of implementing the PPP mechanism.

2 citations

References
More filters
Journal ArticleDOI
TL;DR: In this article, the authors argue that the trade-off between environmental regulation and competitiveness unnecessarily raises costs and slows down environmental progress, and that instead of simply adding to cost, properly crafted environmental standards can trigger innovation offsets, allowing companies to improve their resource productivity.
Abstract: Accepting a fixed trade-off between environmental regulation and competitiveness unnecessarily raises costs and slows down environmental progress. Studies finding high environmental compliance costs have traditionally focused on static cost impacts, ignoring any offsetting productivity benefits from innovation. They typically overestimated compliance costs, neglected innovation offsets, and disregarded the affected industry's initial competitiveness. Rather than simply adding to cost, properly crafted environmental standards can trigger innovation offsets, allowing companies to improve their resource productivity. Shifting the debate from pollution control to pollution prevention was a step forward. It is now necessary to make the next step and focus on resource productivity.

8,154 citations

Book
01 Aug 1997

1,345 citations


Additional excerpts

  • ...Problems and Perspectives in Management, 17(4), 13-25....

    [...]

01 Jan 2003
TL;DR: In this article, the capability approach: conceptual roots, Commodities, functionings and capability, and Utilitarian calculus versus objective deprivation are discussed. But the capability is not defined as a set of goods and services.
Abstract: Page Introduction ........................................................................................................................41 The capability approach: conceptual roots .........................................................................43 Commodities, functionings and capability..........................................................................43 Utilitarian calculus versus objective deprivation ................................................................44 Ambiguities, precision and relevance .................................................................................45 Quality of life, Basic needs and capability .........................................................................46 Rawls, primary goods and freedoms...................................................................................47 Freedom, capability and data limitations ............................................................................48 Inequality, class and gender................................................................................................51 Conclusion ..........................................................................................................................54

1,079 citations

Journal ArticleDOI
TL;DR: In this paper, the authors define virtual enterprise as a temporary alliance of enterprises that come together to share their skills, core competencies, costs and resources in order to better respond to rapidly changing market environment and dynamic customer demands.
Abstract: Growing market globalization, increasing global competition, more complex products results in application of new technologies, methods and business processes – due to the abovementioned tendencies novel supply chain strategies (Lean, Agile and Leagile Supply Chains) are established. In this study these supply chain concepts are being described and compared. Virtual enterprise is a temporary alliance of enterprises that come together to share their skills, core competencies, costs and resources in order to better respond to rapidly changing market environment and dynamic customer demands. Economic and social benefits and effects of virtual enterprises for customers and production companies and service providers are also described. Optimization software has been developed for optimal formation of virtual enterprise networks and is also introduced in this study. The aim of this software application is to define virtual enterprise as the optimal combination of supply chain members.

79 citations


"Management of the economic potentia..." refers background in this paper

  • ...According to them, the development of regions and territories today is complicated by negative financial and economic situation, food insecurity, and they argue that in order to achieve the goals of sustainable development, these ideas must be implemented first in the regions (Jovovic et al., 2017)....

    [...]