scholarly journals Assessment of the Ukrainian Industries’ Participation in Global Value Added Chains

2020 ◽  
Vol 3 (45) ◽  
pp. 73-85
Author(s):  
V. Y. Khaustova ◽  
◽  
O. I. Reshetnyak ◽  
O. Y. Poliakova ◽  
V. O. Shlykova ◽  
...  
Keyword(s):  
Value Creation ◽  
Value Added ◽  
Graphical Analysis ◽  
Added Value ◽  
Low Grade ◽  
International Labor ◽  
Labor Division ◽  
Methodical Approach ◽  
Knowledge Intensive ◽  
Export Pattern

The article aims at assessing the Ukrainian industries’ participation in global value-added chains and identifying prospects for intensifying these processes. The research methods used are the following: statistical analysis, comparison, and graphical analysis. The rise of the role of exporting products with high added value, as well as that of their integration into global value creation chains has been identified. A methodical approach to assessing the Ukrainian industries’ participation in global value creation chains is proposed, making it possible to determine the level of the country’s involvement in the process of international labor division by industries. The export pattern of Ukrainian industries has been analyzed, and the industries that have a significant export share in total exports and in the output composition have been identified. The main indicators of the country’s participation in global value-added chains have been calculated, namely: the national value added in the country’s exports by industry; the contribution of certain sectors of the economy to the national value added of gross exports; the share of the total national gross exports value added accounting for the national value added in specific industries. The positioning of industries in the plane of coordinates ‘share in the exports pattern – share in the national value added in exports’ has been carried out. It has been determined that the share of national value added in the exports of Ukrainian extractive industries is higher than the average one in the countries surveyed, while in the manufacturing sphere it is lower, which confirms the nearly total lack of knowledge-intensive and innovative stages of manufacturing in the latter, thus raising the share of low-grade products in exports. Several directions of the rational integration of Ukraine’s economy into global value added chains have been suggested. State policy measures to intensify the involvement of Ukrainian producers in global value added chains have been designed

scholarly journals Assessing the Involvement of Industries in Global Value Chains

2021 ◽  
Vol 126 ◽  
pp. 03001
Author(s):  
Viktoriia Khaustova ◽  
Olena Reshetnyak ◽  
Mykyta Khaustov ◽  
Taras Danko ◽  
Natalia Danko
Keyword(s):  
Manufacturing Industry ◽  
Value Added ◽  
Global Value Chains ◽  
Graphical Analysis ◽  
Added Value ◽  
Value Chains ◽  
Low Grade ◽  
Virtual Absence ◽  
Export Structure ◽  
The Government

The purpose of the article is to assess the involvement of industries in global value chains and determine the prospects for intensification of these processes. The research methods are statistical analysis, comparison, graphical analysis. The role of export volumes of high value-added products, their enclosing in global value chains is determined. A methodical approach to assessing the involvement of industries in global value chains is proposed, allowing to detect the state of the country’s involvement in the international distribution of labour in concordance with specific industries. The analysis of the structure of exports of industries on the example of Ukraine is carried out. the industries that have a significant export share both in the total exports and in the structure of production output are determined. The leading indicators of the country’s involvement in global value chains are computed, as follows: the national added value in the country’s exports by industries, the contribution of specific industry sectors of the economy to the national added value of gross exports, the share of the national added value in exports of industries in the total national added value of gross exports. The positioning of industries within the coordinate system «share in the export structure - share of the national added value in exports» is carried out. It is determined that the share of national added value in exports of extractive industries of Ukraine is higher compared to the average of the world countries in this research. At the same time, being lower in the industries of the manufacturing industry, thus justifying the virtual absence of knowledge-intensive and innovative stages of production of the manufacturing industry, which necessitates a deeper specialization in the exports of low-grade products. The directions of a rational integration of the Ukrainian economy into global value chains are substantiated. The measures to be assumed on the part of the government policy to intensify the involvement of Ukrainian producers in global value chains are proposed.

scholarly journals SCIENTIFIC AND APPLIED BASES OF REDISTRIBUTION THE VALUE ADDED IN INTEGRATED COMMODITY MARKET (AT THE EXAMPLE OF BREAD MARKET OF UKRAINE)

2017 ◽  
Vol 19 (3(65)) ◽  
pp. 118-126
Author(s):  
O.V. Nikishyna
Keyword(s):  
Value Added ◽  
Added Value ◽  
Commodity Market ◽  
Value Added Tax ◽  
Economic Interests ◽  
Production Sector ◽  
Tax Rate ◽  
Methodical Approach ◽  
Reproduction Process ◽  
Financial Interests

In the article author developed of theory circulation of sectoral value added in integrated commodity market, which distinguishes two stages or processes of its movement: process of formation and process of use value added. Determined the internal and external contradictions of economic interests of participants in reproduction process according to the stages of value added movement in market system. The emphasis is on external contradictions of financial interests the subjects of various sectors of integrated commodity market, which in practice are manifested in migration (cross-sectoral redistribution) of unproductive value added component usually from the production to the trading sector. Fiscal redistribution of added value associated with external contradictions between the economic interests of state and market subjects.In practice, to determine deformations in the processes of formation and use of value added in certain commodity markets it is necessary to use a reproduction methodical approach and build a cross-sectoral balance of key indicators of market efficiency. The analysis on example of bread market of Ukraine showed the presence of deformations in fiscal use of value added of production sector, which for a minimum profitability of products (4,1 %) has the highest among sectors the level of taxcapacity of value added (0,34 points). The expediency of implementation is substantiated of reduced rates of value added tax for the sale of bread and bakery products in Ukraine in order to balance the volumes of fiscal and reproduction use of value added in production sector of integrated bread market. On the basis of reproduction methodical approach impact assessment was conducted of this regulatory measure on indicators of the efficiency of bread market. According to calculations, a 1 % reduction in value added tax rate will contribute to the growth of value added by 13,23 million UAH. (by 0,82 %), its share in production � by 0,11 %, the profitability of products � by 0,19 %, while the reduction in taxes will be 2,4%. Such a calculation allows you to determine various options for reducing fiscal load and choose the best scenario in terms of harmonization of economic interests state, bakery enterprises and population.

Value-Adding to Public Services Through the Adoption of Lean Thinking

2013 ◽  
pp. 193-212
Author(s):  
Ayham A. M. Jaaron ◽  
Chris J. Backhouse
Keyword(s):  
Value Creation ◽  
Quantitative Methods ◽  
Affective Commitment ◽  
Work Productivity ◽  
Value Added ◽  
Added Value ◽  
Call Centre ◽  
Lean Thinking ◽  
Qualitative And Quantitative Methods ◽  
Call Centres

This paper describes an investigation into alternative management models applied to public call centres operations with the aim of delivering significant added value to the overall public firm. Call centres offer significant potential for value creation. However, in practice they are often created as mechanistic organisations and managed in such a way is to inhibit value creation. An investigation in a UK city council was carried out through the means of a case study using both qualitative and quantitative methods to collect data from directors, middle-managers and employees to evaluate the development of a lean thinking type of call centre. The results indicate that by implementing the lean thinking approach to the design of call centre service operations significant, but often counter-intuitive, benefits can be created. Lean thinking was found to yield improvements in service performance, value work productivity, and employees’ affective commitment. Evidence on lean value-added to the public call centres is very limited, this paper addresses this shortcoming.

scholarly journals Value Creation in Fisheries Supply Chain as A Role Model for Fish Protein Hydrolyzate Cluster Development

2020 ◽  
Vol 11 (3) ◽  
pp. 401-407
Author(s):  
Sugeng Santoso ◽  
◽  
Tjiptogoro Dinarjo Soehari ◽  
Yoce Aprianto ◽  
Dicky Andrean ◽  
...  
Keyword(s):  
Supply Chain ◽  
Value Creation ◽  
Role Model ◽  
Value Added ◽  
Added Value ◽  
Strategic Partnership ◽  
Fish Protein ◽  
Protein Hydrolyzate ◽  
Readiness Level ◽  
The Government

To increase the level of competitiveness in the maritime and fisheries industry in Indonesia, the creation of added value products, such as Fish Protein Hydrolyzate (FHP) would be essential to accelerate this mission. This value creation occurs along the fisheries supply chain, including fishermen, shippers, fish processing units, and industry. To assess the innovation maturity, the FHP machine was assessed with the Technology Readiness Level (TRL) and Innovation Readiness Level (IRL). The TLR was carried out by TRL-Meter and IRL was carried out by IRL-Meter. The data was collected by interviews and questionnaires with related stakeholders. The data assessed that the machine met the requirement for TRL level 9 and IRL Level 3. The recommendation for TRL 9 and IRL 3 has been conducted through a strategic partnership with a related state-owned enterprise. Because the FHP shows product competitiveness, gives value-added, and generates value creation in the fisheries supply chain, it could be a role model for the development of the FHP cluster in another location. However, the involvement of local and central governments still needs to be improved significantly. Furthermore, the government should build a conducive ecosystem for technology-based innovation in the country.

scholarly journals Industry aspects of farm access to high value-added supply chains

2020 ◽  
Vol 176 ◽  
pp. 05005
Author(s):  
Aleksandr Kudryavtsev ◽  
Yuliya Karmyshova
Keyword(s):  
Supply Chains ◽  
Value Creation ◽  
Value Added ◽  
Agricultural Products ◽  
Added Value ◽  
Production Volume ◽  
On Farm ◽  
Consumer Cooperatives ◽  
Significant Production ◽  
Gain Access

This paper examines the factors characterizing the access of farms to the supply chains of agricultural products with high added value. Indicators of statistical reporting on farm activity grouped by type of products are analyzed, on the basis of which the influence of production size on opportunities selling products at a higher price is assessed. It is concluded that for various sectors of agriculture the level of product sale prices’ dispersion by individual farmers differs, which characterizes differences and opportunities of farmers to increase own share in the added value creation chain. Identified types of agricultural products, producers of which must increase production volumes to gain access to more profitable trade channels of products, as well as types of products where significant production volume is not a prerequisite for higher sales prices. These conclusions can be taken into account in assessing the feasibility of establishing marketing or processing consumer cooperatives of farmers.

Value-Adding to Public Services Through the Adoption of Lean Thinking

2011 ◽  
Vol 2 (3) ◽  
pp. 33-50 ◽  
Author(s):  
Ayham A. M. Jaaron ◽  
Chris J. Backhouse
Keyword(s):  
Value Creation ◽  
Quantitative Methods ◽  
Affective Commitment ◽  
Work Productivity ◽  
Value Added ◽  
City Council ◽  
Added Value ◽  
Call Centre ◽  
Lean Thinking ◽  
Call Centres

This paper describes an investigation into alternative management models applied to public call centres operations with the aim of delivering significant added value to the overall public firm. Call centres offer significant potential for value creation. However, in practice they are often created as mechanistic organisations and managed in such a way is to inhibit value creation. An investigation in a UK city council was carried out through the means of a case study using both qualitative and quantitative methods to collect data from directors, middle-managers and employees to evaluate the development of a lean thinking type of call centre. The results indicate that by implementing the lean thinking approach to the design of call centre service operations significant, but often counter-intuitive, benefits can be created. Lean thinking was found to yield improvements in service performance, value work productivity, and employees’ affective commitment. Evidence on lean value-added to the public call centres is very limited, this paper addresses this shortcoming.

Differentiation of countries in terms of the shore of domestic value added in exports

2019 ◽  
Vol 64 (7) ◽  
pp. 32-47
Author(s):  
Wirginia Doryń
Keyword(s):  
Value Added ◽  
Trade Flows ◽  
Added Value ◽  
Value Chains ◽  
Manufacturing Processes ◽  
Advanced Manufacturing ◽  
South American ◽  
Knowledge Intensive ◽  
European Economies ◽  
Trade In Value Added

The emergence of global value chains entails that measuring the benefits of foreign trade cannot be limited to measuring trade flows nor their structure. The article aims atpresentingthe results of the time series cluster analysis of the share of the domestic value added of gross exports. It isbased ondata from the latest TiVA database (Trade in Value Added) from December 2018,covering the period 2005–2016. Four clusters of countries were identified. The cluster containing countries with the highest values of the national share of added value in exports included economies rich in natural resources (i.a., Saudi Arabia, Russia, South American countries), with a large internal market and involved in technologically advanced manufacturing processes/knowledge intensive services (including USA, Japan, Great Britain). A group with the lowest share of the domestic value added in exports (not exceeding 50%) contained small and open European economies of Luxembourg and Malta.

Organizational Innovation and Value Creation in Small Technology-based Companies in Malaysia

2014 ◽  
Vol 69 (6) ◽  
Author(s):  
Abdul Sattar Almujaiheem Alshammari ◽  
Amran Rasli ◽  
Nik Zahirah Nik Mustaffa ◽  
Majeedah Alnajem
Keyword(s):  
Comparative Advantage ◽  
Value Creation ◽  
Exploratory Study ◽  
Organizational Innovation ◽  
Value Added ◽  
Added Value ◽  
Resource Based View ◽  
Depth Interview ◽  
Document Review ◽  
Near Future

This paper seeks to apply the resource-based view theory of organisational competitiveness based on in-depth interview, document review and observation of 13 small technology-based companies in Malaysia. Based on an exploratory study, the interplay of innovativeness and value creation as the main drivers of competitiveness within the perspective of time were studied. In addition, three types of value creation and the transition from compatitive advantage to comparative advantage were uncovered. To conclude, only a few companies were able to demonstrate capabilities to become global players in the near future. We propose that Malaysian companies embrace the concept of learning culture to be the driver for the attainment of high value added value creation and organization innovation.

Redefining economics: why shared value is not enough

2019 ◽  
Vol 29 (5) ◽  
pp. 497-514 ◽  
Author(s):  
Friedrich Glauner
Keyword(s):  
Value Creation ◽  
Mental Model ◽  
Business Models ◽  
Value Added ◽  
Added Value ◽  
Shared Value ◽  
Wealth Creation ◽  
Content Type ◽  
Viable Business ◽  
Value Concept

Purpose This paper aims to offer scholars and practitioners critical arguments on the strengths and weaknesses of the shared value concept and of the mental model of economics that lies at its heart. On the basis of these arguments, it proposes the paradigm of ethicological value-added creation as a new economic framework extending the shared value concept into a concept of lastingly viable business strategy. Design/methodology/approach Conceptual and philosophical analysis of the mental model of economics and of basic concepts and premises regarding scarcity, competition, growth and raising value. Application of this analysis to the re-design of the shared value approach and to the development of practical guidelines for sustainably viable business models. Findings This paper highlights how the shared value approach can be transformed into an even stronger strategic tool for the design of viable business models. Practical implications Scholars, entrepreneurs and managers receive a new conceptual framework to design lastingly viable business models on the basis of re-defined tools and concepts. Originality/value Leading texts on strategy and business development as well as CSR-driven texts on designing sustainable business models do not bridge the paradox of destructive wealth creation, i.e. the fact that individually rational and, in itself, highly successful economic behaviors lead, on the group level and the level of the whole system, to an outcome that by and large is highly destructive, as it places the social, ecological and economic sources of this wealth creation process in existential jeopardy. The paper proposes a new framework of economic reasoning for solving the paradoxes that shape current economic models and the shared value approach. It offers a first set of indicators, the parameters by which the shared value approach can be transformed into a living model for generating resource growth and added value creation cycles that stop the present downward spiral of acceleration, disruption, concentration and resource depletion. The paper thus presents forms of shared value creation that are more holistic and sustainable.

Value creation and sustainability in knowledge-based strategies

2016 ◽  
Vol 17 (3) ◽  
pp. 457-470 ◽  
Author(s):  
Gianpaolo Iazzolino ◽  
Domenico Laise
Keyword(s):  
Human Capital ◽  
Empirical Analysis ◽  
Value Creation ◽  
Value Added ◽  
Capital Intensity ◽  
Point Of View ◽  
Sustainable Growth ◽  
Theoretical Point ◽  
Content Type ◽  
Knowledge Intensive

Purpose – The purpose of this paper is to place the value creation process within sustainable growth strategies. Building on Drucker (1968, 1999a, b), Pulic (2000, 2004, 2008) and other papers by the same authors (Iazzolino and Laise, 2013) the specific aim of this research is to propose an accounting-based framework able to: distinguish between knowledge-intensive firms (KIFs) and nonknowledge intensive firms (nonKIFs); and investigate the contribution of the two sets of firms (KIFs and nonKIFs) to overall sustainability, from a social point of view, of the economic system. Design/methodology/approach – The paper uses the notion of value added (VA) (Pulic, 2000, 2004, 2008) as the main indicator to measure the value creation in a knowledge economy context. As regard the first point of the framework, the approach is based on the analysis of VA and its components, starting from a reinterpretation of the concept of value added intellectual coefficient made by the same authors of this paper. An empirical analysis based on the composition of VA in ten Italian industries, by using an overall sample of 1,000 firms, has been carried out and is described in the paper. As regards the second point, the paper analyses, from a theoretical point of view, the necessary conditions to set up a sustainable value creation strategy in social terms, using the conceptual categories introduced by Drucker (1968, 1999a, b) and Pulic (2000, 2004, 2008). Findings – From results of the empirical analysis it emerges that: first, in traditional industries the weight of the cost of employees on VA (human capital investments) is less than the other sectors (low human capital intensity). In these sectors the value creation strategy is mainly based on “dead knowledge,” embedded in machines (physical capital); and second, in nontraditional industries (consulting, advertising, research, etc.) the economic value creation is mainly based on “living knowledge,” embedded in human resources (high human capital intensity). In these sectors we have lower productivity of work (VA/human capital) and higher employment. Practical implications – The framework proposed makes it possible to reduce the risk of myopic valuation of economic performance. Through this methodology it is possible to highlight the effects of sustainable strategies based on knowledge investments oriented toward the stakeholder value theory and corporate social responsibility. The approach can be very useful for top managers and for accountants, as it underlines the importance of the VA income statement and constructs a strong link to the themes of knowledge management. Originality/value – The originality and the value of this methodological proposal can be appreciated by taking into account that in the literature there is no accounting-based methodology that is able to identify: the knowledge-intensive firms; and the firms that can contribute to overall social sustainability, within the set of all firms.

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