scholarly journals ENSURING THE INNOVATIVE COMPETITIVENESS OF THE ENTERPRISE ON THE BASIS OF SUSTAINABILITY

Economical ◽  
2020 ◽  
Vol 1 (1(22)) ◽  
pp. 132-139
Author(s):  
Oleksandr Liashok ◽  

It was noted that the complexity of approaches to addressing the issues of achieving innovative competitiveness of the enterprise on the basis of sustainability. Scientists have raised a number of issues related to the active implementation of the achievements of STP (scientific and technological progress) in the processes of production and consumption. But due to the complexity and dynamism of the studied phenomena, the theoretical and practical aspects disclosed earlier are not universal enough. This concerns the separate representation of the place of ecological, economic and social components of sustainable development. Based on the above, the aim of the article is to substantiate the theoretical basis of innovative competitiveness of the enterprise biosphere as the mainstream of the world economy. The obtained results of the research allow to assert the necessity to introduce the provisions of the concept of sustainable development into the model of management of innovative competitiveness of the enterprise. The main idea should be the provisions for the implementation of sustainable development tools to market mechanisms that cover the behavior of producers and consumers. The synergy of interests of producers and consumers will intensify the economic development of the enterprise, increase its competitiveness. Taking into account the manifestations of such basic mainstream sustainable development as the combination of environmental, social and environmental goals of economic activity will build an ideal model of financial support for innovative competitiveness of the enterprise. Such a model can be considered quite promising, because it is expected to achieve a balance of interests between producers and consumers, between the ways of development of society and the economy with their natural capabilities to ensure further progress. It is proved that mentioned sustainable and environmental friendly business methods for ensuring the innovative competitiveness of the enterprise on the basis of sustainability are not only better for our eco-system but they can also create a unique competitive advantage for companies. In this case the investment could pay off. Since our eco-system is very important for us humans it is logical to give our best to pave our way to a green economy.

2021 ◽  
Vol 2 (1) ◽  
Author(s):  
A. Cristina Ribeiro-Duthie ◽  
Fred Gale ◽  
Hannah Murphy-Gregory

AbstractAs a relatively new form of non-state governance, the fair trade movement presents an opportunity to promote sustainable production and consumption and hence social change. Global market demands and consumer engagement denote changes in social practices that have led governments to share decision-making processes with private sector and non-governmental organisations. In this context of change, it is important to consider not only whether new forms of governance weaken or strengthen states’ authority within the marketplace but also the extent to which they may allow for “green washing” instead of the green economy proposed by the United Nations Environmental Program. This study considers the fair trade of food production and consumption as a potential innovative model. In doing so it examines the existing general literature on governance, which highlights that decision-making processes tend to reproduce top-down approaches. While such practices may reproduce conventional hierarchies, it is worth questioning the potential of new forms of governance within global markets. This article builds on a sustainability governance analytical framework to deepen understandings of fair trade governance and its possible responses to the dilemmas of food production for ethical consumption and thus sustainable development in transnational relations. This research aims to contribute to the literature on improving compliance with global sustainability standards and through this, inform practices that allow for cooperation towards a green economy.


2020 ◽  
Vol 15 (3) ◽  
pp. 155-164
Author(s):  
N. G. Gadzhiev ◽  
N. A. Murzak ◽  
A. E. Mitenkova ◽  
O. V. Skripkina ◽  
S. A. Konovalenko

Aim. To investigate the process of formation of the circular economy in Russia within the framework of ensuring sustainable development and to identify the problems of forming a circular economy and the barriers that hinder the process of implementing business models of a circular economy in enterprises.Materials and Methods. Our study is based on systems analysis, comparative and statistical methods.Discussion. The research results have confirmed the necessity of transition to the formation a circular economy in Russia. This is despite the fact that the volume of recycled waste arising from production and consumption in Russia is growing faster than that of its generation, the actual proportion of recycling and waste disposal is growing rather slowly (somewhat more than 50%), while the proportion of the volume of production and consumption waste placed at company facilities, on average, amounted to 50% for the period analysed. Greenhouse gas emissions also have a negative impact on the environment with those of the "Economy" sector accounting for almost 79% thus determining the relevance of transition to renewable energy.Conclusion. The transition to a circular economy, in particular as a result of the use of renewable energy, will reduce the negative impact of anthropogenic pressure on the environment and ensure a balance between the environmental, economic and social components of sustainable development.


2020 ◽  
Vol 4 (2) ◽  
pp. 23
Author(s):  
I Wayan Suartana ◽  
I Ketut Suryanawa

Development that exploits natural resources is an easy story to hear. The exploitation-based development model that is maintained will only result in marginalization. A green economy as a means of achieving sustainable development is designed to protect and increase the value of the natural resource base, increase resource efficiency, promote sustainable or environmentally friendly patterns of production and consumption, and encourage the world towards low carbon development. Green economy policies and measures should be designed to improve the integration between economic development and its sustainable aspects. A development that combines economic, social and environmental interests to meet the needs of the current generation without sacrificing the interests of future generations. For this reason, Malini Agro Park, which is located in the arid area of ??Pecatu, implements an integrated hydroponic system to support sustainable development. The specific objective of this research is to examine in depth the implementation of green accounting at Malini Agro Park. Index Terms— green economy, triple bottom line accounting


2021 ◽  
Vol 7 (3) ◽  
pp. 203-208
Author(s):  
Veronika Chala ◽  
Yuliia Orlovska

The subject of this study is the principles, factors and features of the green economy as a complex multicomponent system. It was important to clarify the ontology of the term “development” and to propose a methodology for filling the meaning of this term with a specific scientific approach, which consisted in identifying factors that shape directed, natural (regular) and inevitable changes as mandatory elements of development in the philosophical sense of the latter. The article analyzes different approaches to the definition of green economy, which gave the authors a reason to propose their own perception of the green economy as a socio-eco-economic system, which should be simultaneous under directed, natural (regular) and inevitable changes to ensure its development. The authors dwelled on the characteristics of each of the three mandatory changes. Directed changes in the green economy as a system were considered through the prism of seventeen goals of sustainable development (defining those for which the green economy “works” directly), which form new requirements for key components of the economic system: production, exchange, distribution and consumption. Regular changes are characterized as those that correspond or do not contradict the basic economic laws of the post-industrial era and form the ecological basis for the competitiveness of the economy. Irreversibility of change is defined as justified regulatory measures of strict environmental and economic policy, based on the methodological, proven by scientists, the principle of regulation in a mixed economic system and the abandonment of free market mechanisms (which “does not work” to achieve sustainable development). The authors have proposed a system-hierarchical approach to ensuring intermediate principles of green economy development as a system (direction, regularity and irreversibility of changes) and their integral effect on the quality of sustainable development of the social system as a whole. Further directions of research of system principles of development of green economy have been defined as well.


Author(s):  
Piotr Jeżowski

Diverse perception of natural capital and sustainability in opposite approaches of environmental economics and ecological economics has impact on understanding and defining of sustainable development. Ecological economics approach based on strong and very strong sustainability is too ambitious for contemporary generation, although environmental economics approach based on weak sustainability is more realistic, but insufficient. Weaknesses of mainstream economics gave heterodoxy broad field for redefinition of sustainable development and for new synthesis for this socio-economic category. Demographic changes, duplication of Western consumption patterns in emerging economies and intensive pressure of global production and consumption on environment are the reasons why new agreements at international level on climate, energy, food security, access to clean water and protection other natural resources are needed. Effective coordination of actions and application of good governance standards taking into account such matters as human existential problems and needs, equity, access to information, social participation as well as indicators for sustainable development and green economy are also necessary,


2022 ◽  
Vol 5 (1) ◽  
pp. 46
Author(s):  
Stela Zhivkova

The sustainability topic is present in our everyday life. No matter if we are traveling in the public transport, we are having coffee with friends or watching tv we hear something related to green economy, sustainable usage of resources or smart energy saving devices. All ads that we see around us, in one way or another, also are calling to be environmentally friendly and sustainable. On national and international level, there are a lot of regulations and requirements developed and enforced both for the business and for the citizens. In the general case, it is commonly accepted, that the companies are taking actions in the field of sustainable development only because they are forced to do so by legislative requirements and penalties. But is it always the case? The paper discusses the main idea standing behind the sustainable development and presents some of the models that summarizes this idea. Further, by reviewing the practices of three large companies in different economic fields, it discusses their approach and attitude towards the subject. Key words: Sustainability, environment protection, business practices


Author(s):  
N.I. Chovgan ◽  
◽  
O.S. Akupiyan ◽  

The development of the modern capital market and innovative technologies, including in the financial sector, creates the need to expand the research areas of the reproduction process and individual mechanisms that support it. Financial institutions are constantly required participants in responsible financing. Investors’ expectations regarding investments in environmental production and technologies reorient capital flows to these areas, and schemes for attracting financial resources and distributing risks in the process of implementing the principles of sustainable development are considered as unified. The article analyzes transformations and reviews the existing experience of forming appropriate mechanisms, justifies the functioning of the most effective ones. Among the investment and financial mechanisms of the “green” economy, the most important are budget investment mechanisms and financial market mechanisms. The mechanisms of the stock, credit and insurance markets are identified as components of the financial market mechanisms.


2020 ◽  
pp. 75-83
Author(s):  
L.Z. Khalishkhova ◽  
A.Kh. Temrokova ◽  
I.R. Guchapsheva

The article is devoted to the issues of measuring environmentally oriented economic development. The current stage of economic development requires the integration of environmental development, taking into account: environmental boundaries, biosphere processes, social problems, human needs and environmental processes. A green economy can become the main point of growth for the modern global economy. The article presents a complex of measures for the transition to a green economy, as well as tools for their implementation.


2016 ◽  
Vol 3 (01) ◽  
Author(s):  
Rakesh Rangwani

Despite substantial improvements over the past 23 years in many key areas of sustainable development, the world is not on track to achieve the goals as aspired to in Agenda 21, adopted in Rio de Janeiro in 1992, and reiterated in subsequent world conferences, such as the World Summit on Sustainable Development held in Johannesburg in 2002. While there have been some achievements in implementing Agenda 21, including the implementation of the chapters on “Science for Sustainable Development” and on “Promoting Education, Public Awareness and Training”, for which UNESCO was designated as the lead agency, much still remains to be done. This decade had seen the idea of a “green economy” float out of its specialist moorings in environmental economics and into the mainstream of policy discourse. It is found increasingly in the words of heads of state and finance ministers, in the text of G20 communiqués, and discussed in the context of sustainable development and poverty eradication. The research paper focused to establish a relationship between sustainable development and green economics. The research paper is descriptive and analytical in nature. The data collected from secondary sources such as report from niti aayog, IMF indicators, RBI reports, newspapers, journals. The research design was adopted to have greater accuracy and in depth analysis of the research study. The statistical tools for the analysis are also being used.


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