Search results

Purpose: The purpose of the work is to specify the concept of business system, which allows overcoming the multitude of its treatments and contradiction of scientific research, devoted to its research and allows building the conclusions into the economic theory.

Methodology: A generalized notion of business as a clearly organized corporate economic subject that conducts entrepreneurial activities for the purpose of obtaining income (profit) is offered. For studying it, the methodology of the systemic approach is used.

Conclusions: The specified concept of business system allowed unifying within the common scientific category the existing concepts of economic subject (organizations, companies, corporations, and business structures).

Originality/value: Advantages of the offered concept of business system is systemic character (category “business system” could be used during research in the sphere of management, economics, and law), universal character (the offered concept allowed reflecting internal and external environment of the business system, which allows conducting microeconomic and macroeconomic research on its basis), and clarity (the offered concept reflects the essence of notions of business and illustrated them). The offered conceptual model of modern business system is to be a foundation for theoretical and empirical research, including interdisciplinary.

Purpose: The purpose of the work is to study the characteristics of leadership and to determine its value in the process of decision making in modern business systems, as well as to determine the possibilities of increasing the effectiveness of this process through changing the characteristics of leadership.

Methodology: Target study of the influence of leadership on the process of decision making in modern business systems on the basis of the methodology of the systemic approach is performed, and two additional characteristics of leadership are determined, apart from management style, in the aspect of making of managerial decisions: contradiction of leaders in business system and authority of a formal leader (business manager) in business system and his competence as to involvement of employees into the process of making of managerial decisions, which includes capabilities. Depending on combination of these characteristics, classification of leadership in modern business systems as to criterion of decision making is offered.

Conclusions: It is substantiated that the most preferable type of leadership in a modern business system as to criterion of decision making is highly effective involvement of employees in the process of making of managerial decisions. Capabilities of increasing the effectiveness of the process of making of managerial decisions in a modern system through changing the characteristics of leadership are connected to transition to this type of leadership through overcoming the contradiction of leaders in a business system and increase of competence of the formal leader (business manager) in a business system as to involvement of employees in the process of making of managerial decisions through his training.

Originality/value: It is substantiated that leadership in business system determines only certain characteristics of the process of making of managerial decisions, and no type of leadership can guarantee optimal decisions. With highly effective involvement of employees in the process of making of managerial decisions, the probability of optimal decisions is the highest, so this type of leadership is the most perspective for modern business systems.

This chapter models industrial, tech, and financial cooperation between Russia and the countries of the Asia-Pacific region. We use several complex methods of economic and mathematical modeling to analyze specific features of such cooperation and determine critical factors in industrial, technological, and financial development. The preferable choice for the Asia-Pacific region is cooperation with Russia, which is ready for an increase in imports of industrial and high-tech products as well as joint industrial innovational entrepreneurship. Investments would lead to synergetic effects, ensuring simultaneous industrial, technological, and financial development.