SocioEconomic Challenges (SEC)

Permanent URI for this collectionhttps://devessuir.sumdu.edu.ua/handle/123456789/61497

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    Implementation of knowledge economy and innovation through business education
    (Academic Research and Publishing UG, 2023) Habenko, M.; Койбічук, Віталія Василівна; Koibichuk, Vitaliia Vasylivna; Krawczyk, D.; Майборода, Тетяна Миколаївна; Mayboroda, Tetyana; Самойлікова, Анастасiя Вiкторiвна; Samoilikova, Anastasiia Viktorivna
    The article’s purpose is to analyse the issue of implementation of knowledge economy and innovation through business education based on cluster analysis. The role of knowledge economy, innovation transfer, entrepreneurship and business-education coopetition are grounded to achieve economic growth and sustainable development. Input data withing the distribution of the knowledge economy through business education include a data of 23 countries for the following indicators: new registered enterprises, labour force, employment in industry, proportion of population studying ‘Business, Administration and Law’, proportion of population studying ‘Services’ and proportion of population studying ‘Economics’. Using data normalization, Ward and Sturges methods and Statgraphics Centurion 19 soft five clusters were determined to show hidden dependencies and structure in countries sample in this research context. The first cluster includes 2 countries (Austria and the United Kingdom), the second – 11 countries (Belgium, Portugal, Denmark, Italy, Lithuania, Latvia, Poland, Ukraine, Croatia, Norway, and the Netherlands), the third – 5 countries (Bulgaria, Spain, France, Switzerland, and Finland), the fourth – 3 countries (Estonia, Germany and Sweden), and the fifth – 2 countries (the Czech Republic and Hungary). Due to building dendrogram of distribution on clusters and graph of agglomeration distance the quality of countries distribution into clusters was confirmed. Obtained results can be useful for further research and improving the state innovation, information and educational policy based on positive experience of neighbour countries within certain formed cluster
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    Environment and female entrepreneurship in Southeast Asia: investigation of the environmental Kuznets curve hypothesis
    (Sumy State University, 2023) Chikh-Amnache, S.; Harnane, N.; Mekhzoumi, L.
    This paper examines the relationship between female entrepreneurship and environmental implications in ASEAN economies. While economic growth and affluence benefit society, they come at the cost of environmental degradation, particularly rising carbon dioxide levels and ecosystem concerns. Women entrepreneurs in Southeast Asia can potentially support their families and contribute to societal development by starting their own businesses. Their ventures provide fresh perspectives on societal challenges and enable active participation and contribution to creative endeavors, leading to economic and social empowerment with ripple effects on families and communities. To assess the environmental consequences of women’s entrepreneurial activities, the study applies the bias-corrected method of moments and tests the Environmental Kuznets Curve hypothesis across ten ASEAN nations from 1980 to 2021. Results show cross-sectional dependence in all variables and confirm a long-term relationship within the EKC model. The fixed-effects estimator with bias correction is deemed the most suitable model. Findings indicate that GDPpc leads to decreased emissions, while the square of GDPpc contributes to increased emissions; however, the cubic term of GDPpc leads to decreased CO2 emissions, supporting the “inverted N” curve distribution of emissions across ASEAN nations proposed by the EKC theory. Additionally, the study reveals that higher percentages of female entrepreneurs are associated with increased carbon dioxide emissions, potentially due to increased efforts to support and develop female entrepreneurs. Conversely, a reduction in the gender gap in marriage, divorce, remarriage, and domestic violence leads to a shift away from entrepreneurial activities among women, positively impacting the environment.
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    The global crisis, manufacturing firms, regulations and taxes
    (Sumy State University, 2022) Kaya, H.D.
    In this study, we focus on how regulations and taxes affect manufacturing firms in Eastern Europe and Central Asia. We examine whether overall regulations became a bigger obstacle to these firms after the 2008- 2009 Global crisis. We also examine whether tax inspections became a bigger obstacle after the Global crisis. Besides regulations and tax inspections, we also look into the prevalence of corruption related to tax officials before and after the Global crisis. Using two large datasets (i.e. the BEEPS IV and BEEPS V surveys), we are able to compare the pre-crisis period to the post-crisis period. Our results show that, in this region, post-crisis, senior managers spent more time on dealing with overall regulations which includes tax-related regulations and other types of regulations. Therefore, we can conclude that, post-crisis, regulations became a bigger obstacle to manufacturing firms’ operations. We also find that, post-crisis, there was a significant drop in the percentage of firms that had inspections or meetings with tax officials. Also, post-crisis, each firm on average, had fewer inspections or meetings with tax officials. Therefore, while overall regulations became a bigger obstacle to these firms, tax inspections became a smaller problem. When we examine corruption, we find that there was no significant change in the prevalence of bribes related to tax officials. Before and after the Global crisis, a similar percentage (8-9%) of manufacturing firms had to deal with bribe requests by tax officials. Future studies may focus on other types of regulations which include employment regulations, health and safety regulations, licensing regulations, environmental regulations, and zoning regulations, and the corruption related to these regulations.
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    The Asian entrepreneurship core in COVID-19 period: value chains, specialized education, massive participation of women and strategic accompaniment
    (Sumy State University, 2022) Castro, F.A.O.
    The document seeks to follow up on companies, entrepreneurs and States, on the issue of strategy and entrepreneurship. For this, two parts are taken, “Companies and take-off strategies typical of central and southeast Asia, before the pandemic”, there are unicorn companies, ventures, new versions of organizations before COVID, period from 2012 to 2019. The cases to be studied come from companies, States, organizations, which are located in the center, such as in Southeast Asia: the Republic of India and the People’s Republic of China. It also takes the leading countries of Southeast Asia, led by Japan, first-generation of the Asian Tigers, Singapore, South Korea, Republic of China Taiwan (ROC); second generation, Thailand, Indonesia, Vietnam, among others. Then, strategic cases are described, analyzed, and sought, in the period 2021-2022, the same countries of Central Asia, plus Japan, the first-generation Tigers, all those previously analyzed, plus Hong Kong and the Second generation, all the analyzed in the previous period, plus Malaysia and Cambodia (OJEDA F. A., 2014). Sectors associated public policies, business strategies, exact cases of companies are observed, for each country, before and after the pandemic until today, 2022. With this research scheme, the reader establishes a “road map” of the companies, which has been generated from a highly volatile international environment, but with great opportunities. It is also an attempt to show a business “catalogue of practices” from these countries, which can be an example for Western organizations, in times of global crisis and international price volatility, especially affecting the value chains of food commodities, energy and basic electronic supplies.
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    Regulations and the characteristics of entrepreneurs
    (Sumy State University, 2022) Kaya, H.
    In this study, we examine whether different types of regulations affect the composition of small business owners in U.S. states. We employ a national survey titled the “United States Small Business Friendliness Survey”. This survey asks small business owners their opinions on different types of regulations (i.e. “health and safety regulations”, “employment regulations”, “tax code”, “licensing regulations”, “environmental regulations”, and “zoning regulations”). The survey also asks business owners questions on their own characteristics like “position in the firm”, “previous entrepreneurial experience”, “gender”, “age”, “political view”, “education level”, and “race”. Our results show that each regulation category affects almost all categories of owner characteristics. The exceptions are the following: “Health and safety regulations” do not affect position in the firm, “employment regulations” do not affect gender and age, “tax code” does not affect position in the firm and age, “licensing regulations” and “environmental regulations” do not affect position in the firm and gender, and “zoning regulations” do not affect position in the firm, previous experience, and gender. “Health and safety regulations” affect gender, age, political view, education level, and race. “Employment regulations” affect previous entrepreneurial experience, political view, education level, and race. “Tax code” affects previous entrepreneurial experience, gender, political view, education level, and race. “Licensing regulations” affect previous entrepreneurial experience, age, political view, education level, and race. “Environmental regulations” affect previous entrepreneurial experience, age, political view, education level, and race. “Zoning regulations” affect age, political view, education level, and race. Overall, our findings indicate that regulations affect the geographical choice of entrepreneurs. The states with a more favorable score in a certain area of regulation attract a certain group of entrepreneurs. Policymakers should consider these findings when devising their strategies to attract certain types of entrepreneurs to their states.
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    Economic Crises And Entrepreneurship: A Comparison Of Developed And Less Developed Countries
    (Sumy State University, 2021) Kaya, H.D.
    This paper examines the change in entrepreneurial activity in developed and less developed countries during the period surrounding the 2008-2009 Global Crisis. The paper also examines how several entrepreneurship-related factors including costs, taxes, number of procedures, legal rights and credit coverage had changed for the two groups of countries after the Global Crisis. For the developed nations, we find that most factors had not significantly changed from the pre-crisis period to the post-crisis period.
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    The Role of SMEs in Strengthening the UK-USA Partnership
    (Sumy State University, 2021) Davies, R.; Gopalakrishnan, B.N.; Balasubramanian, A.
    UK-U.S. Partnership has a historical legacy in the political, cultural, and economic matters concerning both countries mutually. Trade has played a significant role in boosting economic relationships between both countries/This study aims to study SMEs’ role (Small and Medium Enterprises) in the post-COVID trade policy with an emphasis on technological transformation and economic recovery.
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    How Does The Use Of Technology In Entrepreneurial Process Affect Firms’ Growth?
    (Sumy State University, 2021) Kaya, H.D.
    This paper summarizes the arguments and counterarguments within the scientific discussion on the issue of how technology use in entrepreneurial process relates to firm performance and business owner’s optimism in U.S. states. We specifically focus on each U.S. state’s success in employing internet as a tool during the startup process, the tax payment process, and the licensing process. We try to answer the following question: “Do the small firms that operate in an internet-friendly state perform better than the small firms that operate in a less internet-friendly state?” We also examine how internet usage affects owners’ outlook for the future. Our results show that the prevalence of internet use for tax payments or for licensing in a state is not related to companies’ performance or their owners’ outlook.
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    The Financial Innovative Business Strategies of Small to Medium Scale Enterprises in Developing Country and Influence for the Global Economy Performance
    (Sumy State University, 2020) Umadia, K.Sr.; Kasztelnik, K.
    The paper summarizes the arguments and counterarguments within the scientific discussion on the issues such the financial innovative business strategies of small to medium scale enterprises in developing country and influence for the global economy performance. The main purpose of this scientific research study problem is the impact of all business strategies of small to medium scale enterprises for the global economy performance.
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    Government Support, Entrepreneurial Activity and Firm Growth
    (Sumy State University, 2019) Kaya, H.D.
    Systematization of the literary sources and ap-proaches for solving the problem of the impact of government support on entrepreneurial activity, growth, and optimism indicates that neither the support of state governments nor the support of local governments has a significant impact on the entrepreneurial activity in that state. However, the results show that both the support of state governments and the support of local governments have a significant impact on firm perfor-mance and owner’s outlook for the future.