Modern Factors of Economic Development

Author(s):  
В. Бабанов ◽  
V. Babanov

The economy as an economic system is under continuous influence of numerous internal and external factors; it is the integral effect of these factors on the processes of economic activity; the Central place in the economy belongs to the processes of production, distribution and consumption of produced and traded in this system are good; the behavior of the consumer depends on many factors, but the main factor here is the utility of the consumed good; new factors that should be considered as problems on the way to economic development are becoming more and more evident; the first of these factors is the transformation of the traditional economy into a digital one; the organization of people’s activities is becoming an increasingly acute problem; the role of man in the key areas of the economy today: production, circulation, consumption — will weaken.

Author(s):  
Carrie Figdor

Chapter 10 provides a summary of the argument of the book. It elaborates some of the benefits of Literalism, such as less conceptual confusion and an expanded range of entities for research that might illuminate human cognition. It motivates distinguishing the questions of whether something has a cognitive capacity from whether it is intuitively like us. It provides a conceptual foundation for the social sciences appropriate for the increasing role of modeling in these sciences. It also promotes convergence in terms of the roles of internal and external factors in explaining both human and nonhuman behavior. Finally, it sketches some of the areas of new research that it supports, including group cognition and artificial intelligence.


2020 ◽  
Vol 10 (9) ◽  
pp. 2003-2012
Author(s):  
O.V. Karpets ◽  
◽  
A.V. Sinitsyn ◽  
A.V. Firsova ◽  
◽  
...  

This article discusses the problem of choosing the correct and effective organizational structure of enterprise management for its correct functioning. The existing types of organizational structures of enterprise management, which are used in practice today, are analyzed, and their positive, negative sides and the type of enterprises for which they can be used are revealed. Along with this, this article discusses and describes methods for choosing an organizational structure for an enterprise. Also, during the study, internal and external factors were identified that affect the choice of an organizational structure. Based on the analysis, a methodology for choosing the most effective type of organizational structure for enterprises was drawn up. The question of choosing an organizational structure is acute for every manager at the very beginning of the operation of an enterprise, because the quality of performance of functions, both of individual divisions and of the entire enterprise as a whole, directly depends on this. Among many types of organizational structures in this study, the types of organizational structures that are most adaptable to changes in external and internal factors are identified. This study provides methods and tools for selecting the appropriate organizational structure for any enterprise. At the moment, some methods, be it goal structuring or computer modeling, are not widely used, which in turn makes it difficult to choose an effective organizational structure for enterprise management. The choice of an effective organizational structure is an extremely urgent problem today for every entrepreneur, who is interested in the stable economic activity of his or her enterprise.


2020 ◽  
Vol 86 ◽  
pp. 01034
Author(s):  
Iriani Ismail

The aim of this study is to explain the role of remuneration in improving the performance of library employees. This study uses the qualitative method which the population is all employees numbering 17 people. Based on interactive analysis methods and ethnographic techniques, its took In-depth interview and observations. Using this analysis, the result showed that the remuneration has an important role in improving employees performance. Some internal and external factors influence it so that optimal performance is obtained. Generally, employees expect that the remuneration has been high to be accepted like as expected. Most employees demands such remuneration to meet their daily needs. External factors also has a strong role so the employees demand high, but not balanced with high performance.


Author(s):  
Yasmine Mahmoud Elgazzar

    The paper illustrates the role of investment in the roads transportation sector development in Egypt. As the investments is considered an important source of external funding especially for countries that are characterized by low level of savings and investments like Egypt. As the country is seeking to attract many investments in order to work on the expansion and the construction of new urban communities and industrial centers. Egypt also is trying work on extending the roads networks between the different regions. The thing that made it a necessity for Egypt to attract the private investment sector as source to finance these investments in the transportation sector. To achieve the objective of the paper, both inductive and descriptive analytical approaches will be combined. The study concluded that there should be integration between economic activity plans and expansion plans in transport activities depending on the size of investment and also encourage the private sector to provide many investments to help the growth of industries, intensify investment and participate in the wheel of economic development.   ، ، ، ، ، ،


Author(s):  
Olga Batrak ◽  
◽  
Nataliia Flentei ◽  

The current state of the national economy means that businesses need to constantly look for ways to improve their efficiency and find new ideas to address their shortcomings. The problem of improving the financial condition of the enterprise and finding ways to improve the financial condition of the enterprise is primarily related to the mechanism for assessing the financial condition of the enterprise. The study of the financial condition of the enterprise gives an advantage to the business entity among competitors, allows to identify shortcomings in the activities of the enterprise and to form methods to improve its activities. Both internal and external factors have a significant impact on the financial condition of the enterprise. Since the internal and external environment is constantly changing, so business is characterized by uncertainty. The article considers the specifics of the analysis of the financial condition and prospects of economic development of the outsourcing company. The author generalizes the concept of "financial condition of the enterprise" and substantiates the importance of a comprehensive study of its evaluation indicators. Based on the analysis of the financial condition of Corplex LLC identified promising ways of economic development of the studied outsourcing company.


2017 ◽  
Vol 36 (2) ◽  
pp. 230-243
Author(s):  
Suse Petersen

Musical talent development and the factors that influence it—such as family or peers—have been widely researched, especially in a Western setting. Despite the growing body of research in non-Western cultures and regions, there is still a lack of research comparing the factors and perceptions of musical talent development between Western and Asian settings. This interview study compared Swiss and Chinese music students’ ( N = 19) musical talent development and the factors influencing musical talent during childhood and adolescence, their professional aims, and their perception of internal and external factors affecting talent development. The students had similar opinions regarding the role of their teachers, the roles of internal and external factors in talent development, and their career goals. However, the students from China and Switzerland differed in their experiences of making and discussing music with peers, in the difficulties experienced during their music education, and in their relationship with their families. The results are a starting point for further comparative research on the perception and development of musical talent, and offer material for a mutual understanding of music students’ backgrounds in countries with differing music education traditions.


2016 ◽  
Vol 11 (2) ◽  
pp. 214-231 ◽  
Author(s):  
Frank L. DuBois ◽  
Marcos Andre Mendes Primo

Purpose – State capitalism is an economic model that relies on the role of a strong central government to support chosen firms and industries with subsidies, tax benefits and other advantages to which non-favored firms or industries do not have access (Bremmer, 2010). From an economic development perspective state capitalism is often used to redirect economic activity to underdeveloped regions (Wickham, 2009; Chobanyan and Leigh, 2006; Porter, 2008). The purpose of this paper is to examine the case of the Brazilian shipbuilding to illustrate the use of state capitalism to direct economic activity. Design/methodology/approach – Using Porter’s diamond factor model the authors analyze the development of an economic cluster focussed on the shipbuilding industry in northeastern Brazil. Using interviews with company executives and archival information, the authors profile the investments and incentives that the government has made in this region with particular attention to the mechanisms and policy directives designed to support local involvement in cluster activity. Findings – The authors find that the Brazilian shipbuilding industry offers a unique perspective on the role that governments play in the inducement of economic activity. The authors document the challenges that confront the local enterprise in meeting the requirements of the state controlled buyer and the difficulties associated with developing a local supplier base and finding a qualified workforce. The authors conclude with comments with regard to the applicability of this model to economic development activity in other country contexts. Research limitations/implications – This research adds to the body of literature on the role of governments in the creation of economic clusters. Practical implications – Economic development in emerging markets is often associated with strong government intervention. The authors use the Brazilian shipbuilding industry to illustrate the role of a state owned enterprise in facilitation of economic development. Social implications – Some countries may suffer from what has been known as the “resource curse,” that is, the misallocation of resource wealth into non-productive activities. In this paper, the authors illustrate and attempt by the Brazilian government to use this wealth to create employment opportunities in an underdeveloped region of the country. Originality/value – Emerging markets are challenged in developing viable enterprises that are competitive in global markets. Most research on the development of industrial clusters is focussed on developed markets. These markets do not have to confront the same challenges found in emerging markets. The research illustrates these challenges and the efforts that may be made to surmount them.


1982 ◽  
Vol 42 (1) ◽  
pp. 91-104 ◽  
Author(s):  
David I. Steinberg

The Harvard University–Korea Development Institute eight-volume study of Korean economic development from 1945 to 1975 represents what is probably the single most comprehensive attempt to document economic change in a developing society. Although the volumes concentrate on economics, important omissions are evident, most of them because of the dearth of contributions from noneconomic social scientists and the orientations of the sponsoring institutions. Donors may be strongly tempted to view Korea as a development model, but a variety of internal and external factors make this approach inappropriate.


2003 ◽  
Vol 41 (4) ◽  
pp. 555-586 ◽  
Author(s):  
Hege M. Knutsen

The article addresses possibilities and barriers to economic activity and development in the Oshana region of Northern Namibia. The focus is on the role of local embeddedness of economic activities in attaining economic development. A network perspective, based on theories of value chains that are embedded both in social relations and spatially, is selected as the analytical framework. The value chains of local black entrepreneurs in the study area are short. Moreover, the analysis reveals that social obligations may impede economic development, but that such practices are diminishing. The economic dominance and competition from South Africa is the main impediment to economic development in Northern Namibia. Local political embeddedness is shallow and political measures have not significantly reduced the implications of this dominance.


Author(s):  
V. Baynev ◽  
Bin Zhang

The article is devoted to a comprehensive analysis of Chinese industrial policy, which for many decades has been the main strategic priority of China. In the context of the progress of its industrial-industrial complex, the stages of development of the Chinese economy are highlighted and characterized. The active role of the state and the corresponding organizational and economic mechanism in the implementation of the new (digital) industrialization of the Chinese economy is investigated.


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