scholarly journals A Bibliometric Mapping of Innovative Entrepreneurship

2022 ◽  
Author(s):  
Ancuţa Lucaci ◽  
◽  
Mihaela Sarafescu ◽  
Keyword(s):  
Global Economy ◽  
Business Models ◽  
Job Creation ◽  
Business Environment ◽  
Relevant Research ◽  
Bibliometric Mapping ◽  
The World ◽  
Scopus Database ◽  
Access To Knowledge ◽  
Multiple Analysis

The new global economy requires innovative businesses that can respond to all major challenges around the world. Innovative Entrepreneurship is an active field of research since innovation is nowadays crucial for the development of any business in the world. Policymakers are also focusing their attention on innovation in business because Innovative Entrepreneurship contributes to economic growth and job creation. To create an environment that supports Innovative Entrepreneurship it is appropriate to provide access to knowledge, labour, finance, and specific policies and regulations. Innovative Entrepreneurship has a new role in the economic development of any country that is interested in creating a competitive business environment. This paper aims to identify the most relevant research concerning Innovative Entrepreneurship and realize a bibliometric mapping of the information gathered during the investigation. To perform the bibliometric analysis was used a Scopus database which included articles related to Innovative Entrepreneurship. The processing of data has been carried out using VOSviewer, an effective tool for the visualization of bibliometric networks. The bibliometric mapping included multiple analysis such as co-authorship, citation, and co-occurrence. The results of this research can be a basis for present and future researchers who are operating in the field of entrepreneurship and who intend to investigate more thoroughly the importance of innovation for business development. Another important issue to be investigated is the development of innovative business models that can strengthen the business environment.

scholarly journals Business environment, economic agglomeration and job creation around the world

2016 ◽  
Vol 48 (33) ◽  
pp. 3088-3103 ◽  
Author(s):  
George Clarke ◽  
Yue Li ◽  
Lixin Colin Xu
Keyword(s):  
Job Creation ◽  
Business Environment ◽  
The World ◽  
Economic Agglomeration

scholarly journals CONDITIONS FOR SUCCESSFUL DEVELOPMENT OF ELECTRONIC COMMERCE IN LATVIA

2015 ◽  
Vol 3 ◽  
pp. 47
Author(s):  
Sandra Ežmale
Keyword(s):  
Electronic Commerce ◽  
Global Economy ◽  
World Economy ◽  
Technological Development ◽  
Business Environment ◽  
Limiting Factors ◽  
Successful Development ◽  
Modern Information Technology ◽  
The World ◽  
Different Levels

<p>The electronic commerce has become an integral part of the global economy during the last decade. The most obvious indication of the importance of electronic commerce in the world economy is rapidly increasing Internet use in trade and other sectors. The successful growth of E-commerce promotes the use of other electronic media, as well as it is perspective for development of territories located in backcountry and remote regions. In the result of the Internet and electronic commerce technological development there can be observed changes also in the business environment. In these circumstances successful strategies applied in different levels and sectors for the implementation of the most modern information technology achievements, as well as for the development of professionals with appropriate knowledge, expertise and skills, are becoming increasingly important for the development of electronic commerce in Latvia. The article will view the current situation, will explain the main limiting factors and advantages for successful development of the electronic commerce in Latvia.</p>

scholarly journals Factors of the fintech market development in the global economy (the case of the alternative lending)

2021 ◽  
Vol 20 (1) ◽  
pp. 108-127
Author(s):  
Sergey A. Barykin ◽  
◽  
Andrei L. Bulgakov ◽  
◽  
Keyword(s):  
Venture Capital ◽  
Global Economy ◽  
Business Models ◽  
Econometric Model ◽  
Capital Investments ◽  
Economic Activities ◽  
Digital Platforms ◽  
The World ◽  
The Impact ◽  
Venture Capital Investments

Alternative lending is one of the largest segments of the financial technology market in the world which is represented by online platforms specializing in organizing the lending process. The purpose of the article is to assess the impact of key factors on the dynamics of venture capital investments in alternative lending platforms. The objectives of this study are to define the concept of alternative lending, build an econometric model to analyze the factors of development of alternative lending in the world, and interpret the results from the point of view of the prospects for the development of alternative lending. Alternative lending has been defined as a segment of the fintech market that can be characterized as parallel financing of economic activities based on digital platforms through the provision of syndicated loans after decentralized business models. To test the hypotheses of the study, an econometric model was built on the analysis of 5,234 investment transactions completed in the period from 2013 to 2019 in 35 countries of the world and included in the CrunchBase database. According to the model, such factors as the availability of venture capital, the number of workforce, the digital competitiveness of the economy (the factor of future readiness), and the availability of credit information have a significant impact on the dynamics of direct and venture capital investments in alternative lending companies. The obtained results can be considered when improving the national strategy for regulating the alternative lending market, which is especially important for Russia, where the segment of alternative lending is at the stage of stagnation.

scholarly journals Windfall profits and losses caused by the COVID-19 pandemic

VUZF Review ◽  
2021 ◽  
Vol 6 (3) ◽  
pp. 5-12
Author(s):  
Irena Brukwicka ◽  
Iwona Dudzik
Keyword(s):  
Roman Empire ◽  
Global Economy ◽  
World Economy ◽  
Business Environment ◽  
Remote Work ◽  
The World ◽  
Brick And Mortar ◽  
The Subject ◽  
Economic Shock ◽  
Online Shops

The outbreak of COVID-19 pandemic is a great economic shock, both for the European countries and for the entire world. The subject of the study is the unexpected profits or losses connected with the coronavirus pandemic. The authors of the article focus on the areas affected by losses and the areas, which achieved windfall profits during the discussed period. The purpose of this article is to analyze and evaluate the profits and losses resulting from the ongoing SARS-CoV-2 pandemic. The world economy has been struggling with epidemic phenomena, varying in intensity and extent, since at least the Roman Empire. This is also the case when the global economy is affected by the pandemic. The business environment has radically evolved. The pandemic contributed to losses in many areas, the most influenced fields are the following: aviation, hospitality and tourism. Profits, on the other hand, relate to the Zoom company, which enables and facilitates videoconferencing, it is so important in the case of remote work. Online shops, such as Amazon, have also recorded an increase, especially during the closure of brick and mortar shops. Stock market increases were also observed among companies supplying food and food products. It should be emphasized, however, that the financial situation of individual companies also depends on the principals and permanent contracts.

scholarly journals IMPERATIVES OF THE DIGITAL ECONOMY DEVELOPMENT IN UKRAINE

2021 ◽  
Vol 06 (04(01)) ◽  
pp. 39-46
Author(s):  
Tetiana Halimon Tetiana Halimon
Keyword(s):  
Economic Development ◽  
Information And Communication Technologies ◽  
Business Models ◽  
Digital Technologies ◽  
Communication Technologies ◽  
Business Environment ◽  
Digital Economy ◽  
The World ◽  
Information And Communication ◽  
Traditional Economy

The priority vector of development of many countries of the world is digital transformation and creation of a hypercompetitive digital economy. The key trend of modern global economic development in all countries of the world is the rapid spread of information and communication, digital technologies and the development of the digital economy, which causes changes in the business environment, transaction methods and the level of connections between individual entities. The digital economy is an innovative dynamic economy based on the active introduction of innovations and information and communication technologies in all types of economic activities and spheres of society, which increases the efficiency and competitiveness of individual companies, the national economy and living standards. In the third wave of globalization, the digital economy plays an important role in the development of countries, the most important factor of which is information and knowledge, as well as ways to access them. Increasingly, the digital economy is intertwined with the traditional economy, making clear demarcations increasingly difficult. The main products of the digital economy are the same goods and services of the traditional economy provided by computer equipment and digital systems such as the global Internet. However, the rapid development of digitalization is becoming a source not only of new opportunities, but also of serious threats and problems for all segments of the population that need to be taken into account. That is, the digitalization of the economy and all spheres of public life, on the one hand, becomes a challenge and threat to established business models and successful strategies of behavior of enterprises in a market economy, on the other - opens new opportunities for improvement and competitive advantage. Digitalization has significant benefits for economic development. Benefits at the level of the whole society include: economic and social effect of digital technologies for business and society; improving the quality of life; increasing the productivity of all social labor; the emergence of new models and forms of business that can increase profitability and competitiveness; increasing the transparency of economic transactions and ensuring the possibility of their monitoring. Key words: digital economy, innovative activity, innovative development, competitiveness, scientific and technological progress, information and communication technologies, information society.

scholarly journals DIGITAL ECONOMY. THE CONVERSION OF THE TRADITIONAL ECONOMY AS A CONSEQUENCE OF THE ICT INNOVATIONS

2021 ◽  
Vol IV(1) ◽  
Author(s):  
Alexandra Ungureanu ◽  
Keyword(s):  
21St Century ◽  
Business Intelligence ◽  
Global Economy ◽  
Business Models ◽  
Leadership Skills ◽  
Business Environment ◽  
Digital Economy ◽  
Digital Transformation ◽  
Global Business ◽  
Traditional Economy

The ability of the global economy to compete and evolve in the 21st century increasingly depends on the innovative and efficient use of information and communication technologies (ICT). Over the last decade, digitalization has improved decision-making in the global business ecosystem in a variety of contexts, and recent advances in technology transformed the business models in a way that reshapes the economic actor’s interaction with business activities. The emergent conversion of the traditional economy is changing as automation tools, process standardization, and reuse of goods along with cloud computing technology shape the global economy towards digitalization, arising the concern to ensure the development of ICT proficiency in all sectors of the economy in order to create economic balance, avoiding a potential crisis based on the innovation deficit. The speed of digital transformation in the business environment will directly affect the models of economic growth and social development in the future. The present technological revolution is a valid indicator of the civilization progress of the 21st century and the digital transformation requires an improved association of organizational e-leadership skills, innovation, and business development based on business intelligence concepts. Therefore, the reduction of e-leadership skills can be a competitive disadvantage for the industry and a constraint on potential growth. From these considerations, the aim of the paper is to examine the diffusion of business intelligence elements in the global economy, providing examples of business models that have emerged as a result of digitalization improvement, and contributes to an overview of the main features of the digital economy that have emerged in these business models. Using a methodology based on the systematic review of the literature and global analysis regarding the topic, the paper presents a framework of the role that digitalization performs in the global economy transition from analog to digital configuration.

Entrepreneurial ecosystems during COVID-19: the survival of small businesses using dynamic capabilities

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Sumayya Rashid ◽  
Vanessa Ratten
Keyword(s):  
Small Business ◽  
Small Businesses ◽  
Global Economy ◽  
Dynamic Capabilities ◽  
Business Models ◽  
Entrepreneurial Ecosystem ◽  
Global Crisis ◽  
Content Type ◽  
The World ◽  
Dynamic Capabilities Perspective

PurposeThe world is going through a global crisis after the outbreak of coronavirus (COVID-19) in most areas of the world. Businesses particularly small ones do not work in isolation but instead are embedded in an entrepreneurial ecosystem that is dependent on environmental conditions. The disruptive changes from COVID-19 have caused serious damage to the global economy, so it is up to entrepreneurs to bring equilibrium by introducing change. This paper adopts the lens of dynamic capabilities to study how small business entrepreneurs are trying to survive and grow in an entrepreneurial ecosystem affected by coronavirus.Design/methodology/approachUsing qualitative research methods, 20 Pakistani entrepreneurs have been interviewed in order to assess how the entrepreneurial ecosystem in an emerging economy has been affected by COVID-19. This enables a contemporary and realistic understanding about the way small business entrepreneurs have adjusted to a crisis.FindingsFrom the data analysis, the three main dimensions of dynamic capabilities for small business entrepreneurs emerge, which involve a sensing, seizing and transforming capability.Research limitations/implicationsThe findings suggest that small businesses utilise the following strategies to cope with change: emergent humanitarian crisis, carte blanche agile business models and effectual business functions. These findings contribute to the literature about the challenges of current crises and how businesses can cope in this situation using a dynamic capabilities perspective.Practical implicationsThe findings contribute to the ability of small businesses to cope during the current pandemic situations and anticipate how to manage future crises. Furthermore, the entrepreneurial practices exercised by small businesses are also presented that represent an innovative way to understand crisis management techniques by entrepreneurs in emerging economies.Social implicationsThese findings contribute to the literature about the challenges of current crises and how businesses can cope in this situation using a dynamic capabilities perspective.Originality/valueBy drawing on the existing literature of COVID-19's impact on businesses, the theoretical contribution of this paper highlights the applicability of dynamic capabilities on small businesses to survive during the global crisis.

scholarly journals GLOBAL ECONOMY: TOWARDS A “LONG” RECOVERY AGENDA

2020 ◽  
Vol 225 (5) ◽  
pp. 239-263
Author(s):  
MASLENNIKOV NIKITA I. ◽  
Keyword(s):  
International Trade ◽  
Global Economy ◽  
World Economy ◽  
Business Environment ◽  
International Expert ◽  
Global Crisis ◽  
The World ◽  
Monetary Authorities ◽  
Structural Measures ◽  
Global Agenda

The article examines the interim results of international expert discussions on regulatory solutions needed to manage the transit risks of the global economy, which is significantly accelerating during the recovery from the global crisis triggered by COVID-19. According to the author, the current adjustments of the world economy and the emerging global agenda focused on the reform of the international trade and financial and debt architecture and the search for a new balance of regulatory incentives for the growth of the world’s leading economies are of fundamental and relevant importance for Russia. In this regard, the regulatory forks associated with overcoming the deficit of structural measures, updating the business environment and launching a new investment cycle have been identified, which the Russian economic and monetary authorities will have to go through.

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