Social Enterprises like the Right Step for Economic Development for Kosovo

The article on the basis of extrapolation of system laws of management of social and economic development illustrates the system reason of the Cobra effect, that is, a situation where, despite the rather attractive goals that managers formulate, the result of the activities of subordinates is opposite to what was intended. The main problem of management is the development of a system of indicators, in which, working on the indicator, employees would change the state in the right direction. The reason for the Cobra effect is the manifestation of systemic patterns of socio-economic development. The main system regularity is the desire of the system for stability and self-preservation. This state of the system is achieved using the least energy-consuming way. It is shown that any worker, realizing system regularities, aspires to stability and self-preservation. Therefore, the employee is always forced to work for achieving the indicator. The article analyzes the manifestation of these laws at the level of enterprises and state. When managers understand these patterns explicitly or covertly, changes in the economic system are moving in the right direction. It is shown that the existing system of target indicators used as indicators to assess the effectiveness of management does not meet the goals and objectives of socio-economic development. At the meso- and macrolevel, absolute, volumetric indicators, such as gross national product and others, reduce the range of benefits to the population. The article defines the vector of change in the system of indicators for assessing the effectiveness of management at the regional and state levels, based on the fact that the key element is the family. At the same time, the targets should be indicators to assess the availability of benefits for households.

Download Full-text

THE RIGHT TO USE HUMAN CAPITAL IN ACCOUNTING

International scientific journal Internauka Series Economical Sciences ◽

10.25313/2520-2294-2021-4-7144 ◽

2017 ◽

Author(s):

Oleksandra Mazina ◽

◽

Serhii Rohoznyi ◽

Olena Kareva ◽

◽

...

Keyword(s):

Human Capital ◽

Economic Development ◽

Accounting System ◽

Mathematical Methods ◽

Reporting Standard ◽

International Financial Reporting Standard ◽

Employment Contract ◽

Sustainable Economic Development ◽

Initial Cost ◽

The Right

The key factor of sustainable economic development is investment support for human capital development aimed at generating innovative knowledge, professional skills, support and development of abilities and talents, qualitative human characteristics without which economic and social growth is excluded. The study of human capital and the right to use it as objects of an accounting system designed to provide reliable information to users will help society to control the process of human development as a core value and driving force in achieving sustainable economic development from the micro to the global level. In this study, the methods for assessing human capital as an object of accounting «The right to use human capital» are applied according to the methodology of the International Financial Reporting Standard 16 "Lease". The condition for applying the methodology of this standard is the analogy with the employment contract between the business entity and the employee with the terms of the lease agreement. The measurement of such an asset is based on the initial measurement of the lease liability, which is calculated as the present value of future lease payments. Such an asset is subject to straight-line amortization over the life of the contract. Additional investment in human capital at the start of a contract, or in the process of execution, increases the value of the Right to Use Human Capital. To calculate the initial cost of an asset and its depreciation during the term of the employment contract, you can use the existing mathematical methods from the standard list of the EXCEL office program. In this study, using a conditional example of an employment contract for a period of five years, a minimum wage of UAH 6,000 and a discount rate of 7%, the calculation of the initial cost of the «Right to use human capital» is provided.

Download Full-text

Mudra (shishu) – an effective scheme in startups

Journal of Management and Science ◽

10.26524/jms.2019.28 ◽

2019 ◽

Vol 9 (4) ◽

pp. 222-226

Author(s):

K.C. Kavipriya

Keyword(s):

Economic Development ◽

Individual Development ◽

High Rate ◽

Small Scale ◽

Poor People ◽

Employment Opportunities ◽

The People ◽

The Individual ◽

The Right ◽

Small Scale Industries

Economic Development of a country depends upon the individual development; Creation of more Employment opportunities is the right way to strengthen our Economy. By way of strengthening Small scale units, ultimately more people will get Employment. More over Small scale Industries required less amount of Capital. These are the main reasons to start the scheme MUDRA. The scheme MUDRA was launched in the year 2015 by Government of India. In India most of the people are depending upon small scale businesses as their source of livelihood. Most of the individuals depend on un-organised sectors for loans and other credit facilities which have high rate of interest along with unbearable terms and conditions. Ultimately it will lead these poor people to fall in debts. This paper is an attempt to educate the readers about MUDRA Yojana.

Download Full-text

Knowledge Transfer for Economic Development: Online Farmer Traning in Vojvodina

Regionalnaya ekonomika Yug Rossii ◽

10.15688/re.volsu.2021.3.5 ◽

2021 ◽

pp. 50-60

Author(s):

Juhász Bálint ◽

◽

László Lengyel ◽

Keyword(s):

Economic Development ◽

Knowledge Transfer ◽

Program Implementation ◽

Development Program ◽

Target Area ◽

Technical Equipment ◽

Level Of Knowledge ◽

The Right ◽

Farmer Training ◽

User Friendly

During the five-year period of the Vojvodina Economic Development Program implementation, €350 million has been invested in the target area. The aim of the present research is to review the process and achievements of farmer training and to introduce a model of successful knowledge transfer. The success of online farmer training was analyzed using statistical methods. A general model introducing a concrete practice example was developed using structural analysis and modeling. As a result of the research, we point out that improving the level of knowledge of farmers through training is a key issue in the operation of successful integration systems, in the production of crops of the right quality and quantity. Due to the fact that the design was made to be user-friendly, and requires a low-level technical equipment and IT skills, the knowledge base is equally accessible to farmers regardless of age, education and place of residence. The program expands the level of knowledge and digital competencies of the farmers, and provides useful information for further developments. The flowchart presented in the article is a suitable tool to increase the efficiency of the training today and can serve as a reference for other institutions engaged in similar activities.

Download Full-text

PROBLEMS OF FORMATION OF TAX POLICY OF UKRAINE IN THE IT SPHERE

International scientific journal Internauka Series Economical Sciences ◽

10.25313/2520-2294-2021-2-6965 ◽

2017 ◽

Author(s):

Elena Razborska ◽

◽

Khristina Khabik ◽

Keyword(s):

Economic Development ◽

Global Market ◽

Political Crisis ◽

Information Technology Industry ◽

It Services ◽

State Budget ◽

Priority Areas ◽

Technology Industry ◽

The Right ◽

Taxation System

The article considers the peculiarities of taxation of IT services in Ukraine. It is determined that IT technologies are one of the priority areas of economic development of Ukraine. It is determined that the IT sphere is very important for Ukraine, because against the background of the general economic and political crisis, IT technologies are identified in Ukraine as one of the priority sectors of economic development, as evidenced by the significant contribution of export industry to total GDP and taxes. to the state budget. The volume of exports of IT services from Ukraine is researched and analyzed. The necessity of tax regulation of the IT taxation system in Ukraine is determined, the main tasks, principles and factors on the basis of which the taxation system of IT technologies is based are revealed. In the course of the research, tax incentives (privileges) used in the taxation of IT services in foreign countries were identified as appropriate and considered. In Ukraine, of all these benefits, only VAT exemption applies to all software supply transactions, ie benefits are applied not by a specific entity that has received the right to use them, but by all entities that carry out the relevant transactions. Thus, it was found that the application of such a benefit is not a right but a duty of the taxpayer. Priority areas for optimizing the IT industry have been identified. The priority directions of optimization of the branch of IT technologies are defined. It is determined that one of the main factors contributing to the development of the information technology industry and IT business in Ukraine is the ability to use a simplified taxation system, the so-called "third group", which is currently analogous to industry incentive systems in other countries. Therefore, for Ukraine, which is still successfully competing in the global market, it is necessary to create a tax regime similar to those in force in foreign competitors.

Download Full-text

E-Development in Bangladesh

Electronic Government ◽

10.4018/978-1-59904-947-2.ch054 ◽

2011 ◽

pp. 632-641

Author(s):

Mohammed Jabed Sarwar

Keyword(s):

Information Technology ◽

Economic Development ◽

Information Dissemination ◽

Developing World ◽

National Development ◽

Political Stability ◽

Economic Networks ◽

Recent Developments ◽

Use Of The Internet ◽

The Right

Numerous factors, like political stability, physical infrastructure, basic healthcare, and so forth influence the extent and speed of social and economic development. There is no suggestion that ICT can eliminate the need for these or offer a panacea for all development problems. But detail analyses of experience around the world reveal ample evidence that, if used in the right way and for the right purposes, ICT can have a dramatic impact on achieving specific socio-economic development goals, as well as, play a key role in broader national development strategies. The real benefits lie not in the provision of technology rather in its application to create powerful socio-economic networks by drastically improving communication and the exchange of information (Vulkan, 1999). Recent developments in the fields of communications and information technology are indeed revolutionary in nature. Information and knowledge are expanding in quantity and accessibility. In many fields, future decision-makers will be presented with unprecedented new tools for development. In such fields as agriculture, health, education, human resources and environmental management, or transport and business development, the consequences could be really quite revolutionary. Communications and information technology have enormous potential, especially for developing countries, and in furthering sustainable development (Hamelink, 1997). ICTs have therefore brought about a new hope for the developing world. Many of these countries continue to labor in the agricultural age and their economic development is thus restricted and unable to move on and catch up with the developed world. Most developing nations have also been unable to industrialize their economies leading to greater impoverishment and dependence. In this context, the very prospect of “leapfrogging” the traditional stages and cycles of progress, is seen as revolutionary. Telemedicine, distance education, wireless applications, the use of the Internet for a wide variety of critical information dissemination tasks—hold the promise of overcoming fundamental barriers of infrastructure which have plagued the developing world (Mody, 1999).

Download Full-text

Selected Observations and Lessons Learned for 21st-Century Supports for Social Entrepreneurship and Social Enterprises

Social Entrepreneurship and Enterprises in Economic and Social Development ◽

10.1093/oso/9780197518298.003.0018 ◽

2020 ◽

pp. 358-368

Author(s):

Katharine Briar-Lawson ◽

Paul Miesing ◽

Blanca M. Ramos

Keyword(s):

Economic Development ◽

21St Century ◽

Social Entrepreneurship ◽

Social Protection ◽

Well Being ◽

Lessons Learned ◽

Warning Signs ◽

Social Enterprises ◽

Future Research ◽

Social And Economic Development

Key propositions and recommendations for support of social enterprises and entrepreneurship are presented in this chapter on “Selected Observations and Lessons Learned for 21st-Century Supports for Social Entrepreneurship and Social Enterprises.” These are derived from snapshots of developments in the nations and regions discussed in prior chapters. In addition, warning signs about these innovations are offered. Some recommend more social protection and social supports for social entrepreneurs. Others suggest more, not less, government intervention in support of sustainable social and economic development. Key domains for further exploration include the premises on which social enterprises and social entrepreneurship are built. In addition, more contextual understanding is needed, as well as a balancing of social and economic development for human well-being. Moreover, selected findings for social enterprises and their role in social inclusion and economic development are offered. Lessons learned are highlighted along with recommendations for future research.

Download Full-text

Evaluating Economic Development Strategies

Economic Development Quarterly ◽

10.1177/089124249400800212 ◽

1994 ◽

Vol 8 (2) ◽

pp. 218-229 ◽

Cited By ~ 5

Author(s):

John J. Accordino

Keyword(s):

Economic Development ◽

Technology Development ◽

Local Economic Development ◽

High Technology ◽

Development Strategies ◽

Local Conditions ◽

Community Benefits ◽

State And Local ◽

The Right ◽

Economic Development Strategies

This essay reviews recent evaluations of three of the most widely used state and local economic development strategies—traditional business recruitment, enterprise zones, and high-technology development. The studies do not succeed in their efforts to produce broadly generalizable findings that provide clear guidance to state and local policymakers and practitioners. Rather, they show that local conditions are responsible for the success or failure and level of net community benefits to be derived from any approach. Under the right conditions, each of the approaches described here might be appropriate.

Download Full-text

E-Development in Bangladesh

Encyclopedia of Digital Government ◽

10.4018/978-1-59140-789-8.ch070 ◽

2011 ◽

pp. 462-468

Author(s):

M. J. Sarwar

Keyword(s):

Information Technology ◽

Economic Development ◽

Information Dissemination ◽

Developing World ◽

National Development ◽

Political Stability ◽

Economic Networks ◽

Recent Developments ◽

Use Of The Internet ◽

The Right

Numerous factors, like political stability, physical infrastructure, basic healthcare, and so forth influence the extent and speed of social and economic development. There is no suggestion that ICT can eliminate the need for these or offer a panacea for all development problems. But detail analyses of experience around the world reveal ample evidence that, if used in the right way and for the right purposes, ICT can have a dramatic impact on achieving specific socio-economic development goals, as well as, play a key role in broader national development strategies. The real benefits lie not in the provision of technology rather in its application to create powerful socio-economic networks by drastically improving communication and the exchange of information (Vulkan, 1999). Recent developments in the fields of communications and information technology are indeed revolutionary in nature. Information and knowledge are expanding in quantity and accessibility. In many fields, future decision-makers will be presented with unprecedented new tools for development. In such fields as agriculture, health, education, human resources and environmental management, or transport and business development, the consequences could be really quite revolutionary. Communications and information technology have enormous potential, especially for developing countries, and in furthering sustainable development (Hamelink, 1997). ICTs have therefore brought about a new hope for the developing world. Many of these countries continue to labor in the agricultural age and their economic development is thus restricted and unable to move on and catch up with the developed world. Most developing nations have also been unable to industrialize their economies leading to greater impoverishment and dependence. In this context, the very prospect of “leapfrogging” the traditional stages and cycles of progress, is seen as revolutionary. Telemedicine, distance education, wireless applications, the use of the Internet for a wide variety of critical information dissemination tasks—hold the promise of overcoming fundamental barriers of infrastructure which have plagued the developing world (Mody, 1999).

Download Full-text

Social Entrepreneurship as a Form of Cross-Border Cooperation: Complementarity in EU Border Regions

Sustainability ◽

10.3390/su12208463 ◽

2020 ◽

Vol 12 (20) ◽

pp. 8463

Author(s):

Herman T. Wevers ◽

Cosmina L. Voinea ◽

Frank de Langen

Keyword(s):

Economic Development ◽

Social Entrepreneurship ◽

Social Enterprises ◽

Border Regions ◽

Cross Border ◽

Commercial Activities ◽

Social And Economic Development ◽

Regional Problems ◽

Cross Border Cooperation ◽

Insight Into

EU border regions continue to face economic and social disadvantages compared to other regions in the same country. Since 1990, the European Commission has been implementing extensive territorial cooperation programs to support EU border regions in solving regional problems and building social cohesion. This study offers a contribution for decreasing the economic and social disadvantages of EU border regions by investigating the complementarity between institutional EU cross-border cooperation and social entrepreneurship. We argue that both concepts build upon similar drivers and characteristics with the aim of creating impact and bringing about change. We test and improve our initially literature-based framework to provide a better insight into how institutional and entrepreneurial processes could benefit from each other. We conduct interviews with experts operating at different governance levels and in various EU countries and border regions. The complementarity between both concepts is confirmed considering a differentiation between governance levels and fields of expertise. The results show that complementarity between the concepts mainly exists in terms of taking advantage of opportunities for a certain effect. The commercial activities of social enterprises are seen as effective, but it is necessary for social enterprises to establish sustainable EU cross-border cooperation and to improve regional social and economic development.

Download Full-text