An economic analysis of the impact of "grand challenges" on sustainability and business continuity of economic entities

2020 ◽  
Vol 19 (12) ◽  
pp. 2253-2275
Author(s):  
N.P. Lyubushin ◽  
N.E. Babicheva ◽  
A.I. Lylov ◽  
E.I. Pulyakhin
Keyword(s):  
Sustainable Development ◽  
Economic Analysis ◽  
Business Continuity ◽  
Continuity Of Operations ◽  
Grand Challenges ◽  
Stage Of Development ◽  
Hierarchical Levels ◽  
The Face ◽  
Business Entities ◽  
The Impact

Subject. "Grand challenges", creating risks and threats to economic development, are an important factor to assess new opportunities and reserves for business entities' development, which provide for business continuity. To manage business entities in the face of "grand challenges", it is necessary to devise accounting and analytical support and a system of indicators to ensure the sustainability of development and the continuity of operations. Objectives. The aim is to substantiate a model characterizing "grand challenges" and to determine quantitative and qualitative indicators that describe the sustainability of development and business continuity of economic entities at various hierarchical levels. Methods. The methodology of the study rests on the resource-oriented approach. We developed and tested it through the economic analysis of sustainable development of economic entities. Results. We present a model, describing "grand challenges", identify prerequisites for their emergence, on the basis of which a system of indicators is developed. We also identify indicators, characterizing the sustainable development and ensuring the business continuity at various hierarchical levels, and threshold levels of indicators of sustainable development in the face of "grand challenges". Conclusions. The developed model will enable to expand the methodology for economic analysis and build a system of indicators that help determine the reserves and new conditions for the functioning of business entities during the transition to a new stage of development.

The economic analysis of the impact of grand challenges on sustainability and continuity of business entities’ activities

2021 ◽  
Vol 20 (11) ◽  
pp. 1994-2020
Author(s):  
Nikolai P. LYUBUSHIN ◽  
Nadezhda E. BABICHEVA ◽  
Ol'ga M. KUPRYUSHINA ◽  
Dmitrii G. KHANIN
Keyword(s):  
Sustainable Development ◽  
Economic Analysis ◽  
Intellectual Capital ◽  
Methodological Approach ◽  
Grand Challenge ◽  
Integrated Reporting ◽  
Grand Challenges ◽  
The Face ◽  
Business Entities ◽  
The Impact

Subject. The article addresses the need to develop new methodological tools for assessing threats to and opportunities of sustainable development of business entities, enabling to adequately reflect their activities in the analysis of their interaction in rapidly changing economic conditions. Objectives. The aim is to underpin a methodological approach to the formation of indicators for assessing the sustainable development of business entities in the face of grand challenges, which rests on the grouping of indicators according to the type of economic development. Methods. The study draws on resource-oriented approach, which we developed and tested in the economic analysis of sustainable development of business entities, and statistical methods. Results. Based on the methods of cognitive and resource-oriented analysis, we defined a set of basic indicators, characterizing the intellectual capital. The implementation of the methodological approach enabled to identify two baseline indicators of intellectual capital involved in the formation of a Grand Challenge, i.e. the number of computers with access to global information networks and the cost of patents and licenses for inventions, industrial designs, utility models. We developed and evaluated integrated indicators of intellectual capital to determine the possibilities of sustainable development of economic entities of the Russian Federation. Conclusions. The offered approach helps define a set of indicators of different types of capital to be included in the integrated reporting and analysis of possibilities of economic entities’ sustainable development in the face of grand challenges. The produced set of indicators is basic and may change.

scholarly journals Setting up a methodology for evaluating, analyzing and predicting the sustainable development of economic agents amid Grand Challenges

2020 ◽  
Vol 25 (4) ◽  
pp. 366-386
Author(s):  
N.P. Lyubushin ◽  
N.E. Babicheva ◽  
O.M. Kupryushina ◽  
D.I. Khanin
Keyword(s):  
Sustainable Development ◽  
Economic Analysis ◽  
Technological Development ◽  
National Development ◽  
Grand Challenge ◽  
Operational Environment ◽  
The Sustainable Development ◽  
Economic Agents ◽  
Grand Challenges ◽  
The Impact

Subject. Mentioned in the Strategy for Scientific and Technological Development of the Russian Federation, Grand Challenges entail difficulties, threats and opportunities for the national development. The complicated nature, scale of problems and threats cannot be addressed, eliminated or resolved by multiplying resources consumed. This aspect should be taken into consideration in evaluating, analyzing and predicting the sustainable development of economic agents operating amid grand challenges. Objectives. We outline a methodology for a set of methods used to evaluate, analyze and predict the sustainable development of economic agents operating amid grand challenges. Methods. The methodological framework comprises the resource-based approach, which we set up and tested when conducting the economic analysis of the sustainable development of economic agents. Results. The article produced an algorithm for evaluating, analyzing and predicting the sustainable development of economic agents operating amid grand challenges. We determined sustainable development indicators throughout hierarchical levels and thresholds based on the Fibonacci numbers, which satisfy the sustainable development amid grand challenges. Conclusions. There should be a set of subjective, industrial and technological indicators to monitor the performance of national programs and strategies and governance of economic operations, since such indicators could help gauge the impact of the grand challenge throughout its phases. The proposed algorithm will amplify the economic analysis methodology and highlight partial and integrated indicators measuring reserves and new operational environment of economic agents in the time of grand challenges.

Safe development of business and national economy in the face of a pandemic and global recession

2020 ◽  
Vol 16 (6) ◽  
pp. 1182-1198
Author(s):  
I.V. Vyakina
Keyword(s):  
Economic Security ◽  
Global Recession ◽  
Graphical Visualization ◽  
National Economic ◽  
Business Support ◽  
The Face ◽  
The Russian Federation ◽  
Business Entities ◽  
Visualization Techniques ◽  
The Impact

Subject. This article deals with the issues related to the national economic security of the State in today's conditions. Objectives. The article aims to develop a set of special measures for additional business support to reduce the impact of restrictions imposed against the background of quarantine and the pandemic spread, and which would help prevent collapse of business entities. Methods. For the study, I used the methods of theoretical, systems, logical, and comparative analyses, and tabular and graphical visualization techniques. Results. The article proposes possible measures to support business aimed at reducing the costs of business entities due to the restrictions caused by the pandemic, that complement and explain the activities proposed by the President and Government of the Russian Federation, taking into account the regional and municipal levels. Conclusions. The uncertain current situation requires constant adjustment and adaptation of public policy in accordance with specific circumstances. Ensuring the country's economic security and sustainability associates with creation of a business organization system that connects public administration tools and business support and development opportunities under the changed environment.

scholarly journals Formulating Modes of Cooperative Leaning for Education for Sustainable Development

2021 ◽  
Vol 13 (6) ◽  
pp. 3465
Author(s):  
Jordi Colomer ◽  
Dolors Cañabate ◽  
Brigita Stanikūnienė ◽  
Remigijus Bubnys
Keyword(s):  
Sustainable Development ◽  
Real Life ◽  
Education For Sustainable Development ◽  
Professional Life ◽  
Global Challenges ◽  
Life Problems ◽  
The Face ◽  
Contemporary Education ◽  
The Impact

In the face of today’s global challenges, the practice and theory of contemporary education inevitably focuses on developing the competences that help individuals to find meaningfulness in their societal and professional life, to understand the impact of local actions on global processes and to enable them to solve real-life problems [...]

FEATURES OF ACCOUNTING AND ANALYTICAL SUPPORT FOR ENTREPRENEURIAL RISK MANAGEMENT

2021 ◽  
Author(s):  
Ruslan Skrynkovskyy ◽  
◽  
Oleh Kramar ◽  
Khrystyna Zamula ◽  
Vasyl Khmyz ◽  
...  
Keyword(s):  
Risk Management ◽  
Management Program ◽  
Negative Consequences ◽  
Development Trends ◽  
Stage Of Development ◽  
Risk Management Program ◽  
Industry Affiliation ◽  
Business Entities ◽  
Entrepreneurial Activities ◽  
The Impact

The article reveals the features of accounting and analytical support for entrepreneurial risk management. It was found that entrepreneurial risk is a certain act as a result of which the business entity may suffer losses. It is proved that entrepreneurial risks should be classified according to the specifics of origin, the specifics of the legal settlement, the specifics of industry affiliation, the specifics of the consequences, the specifics of the duration of the impact of entrepreneurial risk, the specifics of the expression of will, the specifics of the form, the specifics of the level of typicality, the specifics of the level of validity, the specifics of the possibility of assessing and resolving the impact, the specifics of the possibility of insuring entrepreneurial risks, the specifics of the occurrence of entrepreneurial risks by sources of origin, the specifics of the scale of the impact, the specifics of the level of losses and the specifics of character. It is established that the process of entrepreneurial risk management is the process of managing the activities of the business entity as a whole and its individual parts, and takes into account the management of not only existing risks but also potential entrepreneurial risks in space and time, that may occur in the future during entrepreneurial activities. It is determined that the process of entrepreneurial risk management should take into account the stage of preparation and implementation of appropriate measures to reduce the risk as a result of making erroneous decisions by business entities, the stage of reducing the impact of possible negative consequences that may occur, especially, if the entity operates in unexpected changes and alarming development trends, as well the stage of development and implementation of the Declaration on Risk Management and the Risk Management Program. It is established that the important information on which it is possible to estimate possibility of occurrence of entrepreneurial risks, is the accounting reporting. In the perspective of further research, it is recommended to study entrepreneurial risks in Ukraine in the context of such aspects as causes, consequences and management.

scholarly journals Developing corporate social responsibility in the face of the COVID-19 pandemic

2021 ◽  
Vol 11 (1) ◽  
pp. 31-42
Author(s):  
Nataliia Riabets
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Process Management ◽  
Positive Impact ◽  
Evolutionary Development ◽  
Practical Implementation ◽  
The Face ◽  
Business Entities ◽  
Corporate Social ◽  
The Impact

The paper presents the results of the study of the manifestations, trends of business social responsibility during the pandemic and gives the dominant directions of its practical implementation. The paper provides the results of the analysis of the evolutionary development of views and approaches to theoretical and conceptual understanding of corporate social responsibility. The impact of business social responsibility on the results of its activities and the quality of relationships with stakeholders is revealed. A study was also conducted on the transformation of directions and tools for the practical implementation of CSR initiatives before and during the spread of the pandemic. Potential directions for establishing a constructive conversation business structure with society, which will have a positive impact on the success and stability of the business, as well as on social development in the current environment have been identified. A study was carried out to evaluate the perception of the social responsibility by domestic business organizations and awareness of its trends, and the need for its implementation and advantages. A comparative analysis of the development of corporate social responsibility in the world and in Ukraine has been conducted. Trends and mechanisms that have a transformational impact on the formation and implementation of CSR in modern conditions of development are identified. The priority vectors of CSR programs of international business entities in the face of a pandemic are outlined. The necessity of developing a business process management model based on corporate and social responsibility tools has been formulated, taking into account the desire of business to conduct successful activities in a highly dynamic global environment.

The Impact of African States on the United Nations

1969 ◽  
Vol 23 (1) ◽  
pp. 20-47 ◽  
Author(s):  
David A. Kay
Keyword(s):  
United Nations ◽  
Political System ◽  
Political Process ◽  
The Political ◽  
Stable Pattern ◽  
Stage Of Development ◽  
External Pressures ◽  
The Face ◽  
The United Nations ◽  
The Impact

The United Nations at its present stage of development is a political system of formally coordinate Members, each able to place before the Organization the demands that flow from its own environment. One can hypothesize that a stable environment will yield a stable pattern of demands on the United Nations political system. Similarly it can be hypothesized that a change in the environment—the major components of which are the Member States—will change the pattern of demands made on the political system of the Organization. It is on just such a change that this article proposes to focus. In the period between 1955 and the end of 1968, 37 African states, largely devoid of experience in the contemporary international arena and struggling with the multitudinous problems of fashioning coherent national entities in the face of both internal and external pressures, joined the United Nations. The admission of these states substantially altered the Organization's environment and the demands being made upon it. It is suggested here that these changes have been so substantial as to alter the nature of the political process of the Organization. Concern will be focused successively upon the nature of the entry of the African states into the United Nations, a determination of the areas in which the African states have made demands upon the system, the constitutional structure of the Organization as it has evolved under the impact of the African states, the impact of the African states on the handling of major issues, and finally on trends and implications of the role of African states in the United Nations.

scholarly journals Sustainability of urbanization processes in the digital environment: food security factors

2021 ◽  
Vol 20 (4) ◽  
pp. 283-294
Author(s):  
Rasul Anvar Balayev​ ◽  
Natig Sarhad Mirzayev ◽  
Hafiz Maharram Bayramov
Keyword(s):  
Sustainable Development ◽  
Food Security ◽  
Average Distance ◽  
Weighted Average ◽  
Digital Environment ◽  
Fresh Milk ◽  
Fresh Food ◽  
Business Entities ◽  
The Impact

Motives: The article examines the potential of the digital environment in the sustainable supply of fresh food to the big city. Urbanization is a difficult process to manage, and adapting it to the demands of sustainable development requires the search for the new opportunities and ways. In this context, it is highly probable to use the opportunities provided by the digital environment through the Internet, digital technologies and devices, or other digital means. The place and role of ensuring food security in cities and the sustainability of urbanization processes have been little studied. Aim: It is expedient to assess the role of the suburban zone and the zone of transportation of these products to the city in the provision of large cities with fresh food products in terms of sustainable development of urbanization zones. Results: Research and calculations conducted on the example of the Baku agglomeration (Azerbaijan) have provided an opportunity to comment on the impact of food security factors on the sustainability of urbanization processes in the digital environment. To determine the changes in the transportation zone of fresh milk to this agglomeration, we calculated the proposed “weighted average distance of transportation” indicator. It was revealed that the formation of the digital environment in the agricultural production business entities is faster in the areas located closer to the Baku agglomeration.

scholarly journals Inovation policy of industry business entities as a factor of sustainable development in transitional environment

2020 ◽  
Vol 15 (2) ◽  
pp. 31-47
Author(s):  
Vladimir Mitrović ◽  
Ivana Mitrović
Keyword(s):  
Sustainable Development ◽  
Innovation Policy ◽  
Developed Countries ◽  
Theoretical Research ◽  
Primary Role ◽  
Innovation Development ◽  
Transitional Environment ◽  
Business Entities ◽  
S Model ◽  
The Impact

Innovations hold a primary role in today' Abstract s model of economic growth and are considered an important factor of sustainable development. With that aim in mind, it is necessary to define adequate innovation policy, as well as the development of inovation incentive environment, which needs to be strengthened both at macro level and the business entities level. The basic aim of this research is the analysis of the impact of innovation policy of the Serbian industry business entities as a factor of sustainable development in transitional environment. The starting hypothesis is that the largest number of Serbian business entities does not base their competitiveness on innovation development, as is common in developed countries. The paper summarises what industry business entities in Serbia need to do in order to be more numerous and more efficient. The paper consists of theoretical research that was realised in accordance with the techniques of the methodology of scientific research.

scholarly journals On the Methodological Unity of Post-Industrial and Sustainable Development as the Environment Preservation Imperative

2018 ◽  
Vol 41 ◽  
pp. 04021
Author(s):  
Daniela Marasova ◽  
Massimo Ligatto ◽  
Daniel Cassati ◽  
Vladimir Zolotukhin
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Industrial Society ◽  
Human Society ◽  
Environmental Conditioning ◽  
Stage Of Development ◽  
National Economies ◽  
Post Industrial ◽  
The Impact ◽  
Satisfaction Of Needs

Each stage of the economic development of any society is associated with the consumption of natural resources. Thus, the impact of human society on the environment determines the environmental conditionality of the economy. The problem of economy – the maximum satisfaction of needs – becomes the central problem of ecology, as the development of civilization has caused a large volume of resources’ consumption. National economies can be at one of the following development stages: traditional, industrial, post-industrial society. Each stage is characterized by a certain state, the structure of economy, the type and amount of used resources, the attitude to the natural environment and, accordingly, the type of ecological and economic development. In an industrial society, the environmental conditioning of the economy is associated with the use and minimization of resource consumption in order to increase the economic efficiency, but not with understanding that the resources are exhaustible and non-renewable. Therefore, when moving to the postindustrial stage of development, it is important to understand its connection with sustainable development, which consists in synchronizing the innovative development of the productive forces of industry and the "green" nature-saving technologies.

Sign in / Sign up

Export Citation Format

Share Document