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Book part
Publication date: 24 October 2018

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Contemporary Issues in Business and Financial Management in Eastern Europe
Type: Book
ISBN: 978-1-78756-449-7

Content available
Book part
Publication date: 9 November 2020

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Circular Economy in Developed and Developing Countries: Perspective, Methods and Examples
Type: Book
ISBN: 978-1-78973-982-4

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Circular Economy in Developed and Developing Countries: Perspective, Methods and Examples
Type: Book
ISBN: 978-1-78973-982-4

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Book part
Publication date: 19 June 2019

Bruno S. Sergi, Elena G. Popkova, Natalia Vovchenko and Marina Ponomareva

This chapter elaborates on the perspectives of financial development of countries of Central Asia and China through cooperation with Russia. The authors determine financial…

Abstract

This chapter elaborates on the perspectives of financial development of countries of Central Asia and China through cooperation with Russia. The authors determine financial resources for the development of the countries of Central Asia and China and figure out possible scenarios for attracting additional financial resources and conclude that financial resources have a decisive role in socioeconomic development. It is substantiated that the increase and expansion of cooperation with Russia are the preferable scenario for attracting additional financial resources. The authors recommend expanding cooperation with Russia within the implementation of the selected optimal scenario are given.

Details

Asia-Pacific Contemporary Finance and Development
Type: Book
ISBN: 978-1-78973-273-3

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Book part
Publication date: 16 September 2022

Anastasia A. Sozinova, Natalia G. Vovchenko, Elena D. Kostoglodova and Stanislav A. Khapilin

Purpose: This chapter aims to study the issue of technological inequality in the modern world economy from the position of assessment of the scale of global conflict and the…

Abstract

Purpose: This chapter aims to study the issue of technological inequality in the modern world economy from the position of assessment of the scale of global conflict and the scenario of its development depending on conflict management.

Design/methodology/approach: The performed review of literature sources has shown that they provide an insufficient scientific basis for determining the level of technological inequality in the modern world economy from the position of assessment of the scale of the global conflict and scenarios of its development depending on conflict management. To fill this gap in the system of scientific knowledge, we use the method of comparative and correlation analysis of statistical data. The research objects are China and the United States, as well as other countries of the world that have the highest level of technological development, trade, and digitalization.

Findings: This chapter provides a review of factors that determine scientific arguments in favour of technological inequality of countries, which leads to a global conflict. Many forms of inequality have a socio-economic character and are connected to access to the main services (healthcare, education, or accommodation), as well as incomes and access to the sources of income, especially in the sphere of employment. The deficit of decent work and inequality turned the COVID-19 pandemic from the crisis of public healthcare into the crisis of employment and social conflict, which influenced the subsistence of millions of employees. There is a real risk that without comprehensive and well-coordinated political actions, the increase in inequality and reduction of general progress in the labour sphere will be preserved in many dimensions. There’s a need for the measures of international policy to provide developing countries with access to vaccines and financial support, including through restructuring of debts.

Originality/value: It is proved that after the creation of the UN, the nature of conflicts and violence underwent serious changes. Conflicts take fewer human lives but last longer, and the frequency of conflicts between groups within a country is higher than the frequency of international conflicts. In certain parts of the world, crimes on a gender basis are increasing in numbers. Besides, technologies allow using robots, drones, cyberattacks, viruses, and hackers for military purposes. At the same time, international cooperation is weak, similar to the global ability to prevent and regulate conflicts and all possible forms of violence. Technological progress changes the character of the development of conflicts. Achievements in the sphere of AI and machine learning will play an important role in this process of transformation, so the character of threats from the government and non-government subjects will change. The use of AI raises the precision of cyberattacks and physical and biological attacks, making the identification of attackers very difficult.

Book part
Publication date: 1 March 2023

Zhanna V. Gornostaeva, Elena A. Bratukhina, Natalia G. Vovchenko and Stanislav S. Yatsechko

The purpose of this research is to reveal the specific features of the behaviour of market players in the collaboration of universities and business structures in the context of…

Abstract

Purpose

The purpose of this research is to reveal the specific features of the behaviour of market players in the collaboration of universities and business structures in the context of the digital economy's development. The traditional processes of collaboration of science and business are compared to the partnership under the conditions of open science.

Design/Methodology/Approach

This research is based on the totality of concepts and theories, founded on the theory of non-linearity of innovations, which allows defining them as a bilateral process that is open to other players. The list of market players, which participate in the process of collaboration, and the character of their interaction are considered from the position of the triple innovation spiral. The specifics of the collaboration of scientific and business structures are considered from the position of knowledge exchange, and the means of their organisation – from the position of the theory of university-industry collaboration. This methodology allows determining the key aspects of collaboration as a process of knowledge exchange and systematising the range of tools and channels of innovation transfer. The evolutionary game theory is used for the empirical evaluation of the specifics of the market players' behaviour in the process of collaboration. The context of the support of the digital economy is considered within the concepts of open innovations, organisation of scientific digital networks and Open Science. The methods used allow for the systemic reflection of the processes related to the behaviour of market players in the collaboration of universities and business structures and the determination of the key advantages that are achieved by them for the support of the digital economy.

Findings

It is determined that the digital economy is a result of innovative development and its trigger at the same time. Based on this, the behaviour of market players uses digital potential, on the one hand, and creates conditions for its support, on the other hand. Collaboration is one of the formal tools of the transfer of innovations, which partially covers the interaction with such tools and channels as intellectual property, academic spin-offs, research mobility and labour mobility. Based on the theory of the triple spiral of innovative development, it is stated that business structures and universities are the key elements of innovations. Their interaction is increased by the influence of the government policy and allows creating effective forms of collaboration, which facilitate the knowledge exchange within the system. At this, the business performs the functions of investing and provision of collaboration, universities implement the key processes connected to fundamental research, and government expands the innovative capabilities, stimulating the growth of competitiveness and resolution of social problems. The important problems of the market players' behaviour in the process of scientific and research collaboration are the organisation of the process of knowledge exchange, which is related to intellectual rights, and the difference between the goals of market players at the initial stages of cooperation. Resolution of the above problems allows raising the level of mutual trust and facilitates the processes of knowledge exchange.

Originality/Value

We systematise the tools and channels of collaboration of universities and business structures, substantiate the principles and terms of the market players' behaviour in the process of knowledge exchange, and determine the role of each player. In the context of modern tendencies of the digital economy's development, we determine the specifics of the market players' behaviour in the context of using digital technologies and providing a high level of openness of the scientific and production partnership.

Details

Game Strategies for Business Integration in the Digital Economy
Type: Book
ISBN: 978-1-80262-845-6

Keywords

Content available
Book part
Publication date: 16 September 2022

Abstract

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Technology, Society, and Conflict
Type: Book
ISBN: 978-1-80262-453-3

Content available
Book part
Publication date: 1 March 2023

Abstract

Details

Game Strategies for Business Integration in the Digital Economy
Type: Book
ISBN: 978-1-80262-845-6

Content available
Book part
Publication date: 19 June 2019

Abstract

Details

Asia-Pacific Contemporary Finance and Development
Type: Book
ISBN: 978-1-78973-273-3

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