{"title":"A Qualitative Assessment of Creative Entrepreneurs’ Practices and Their Influence on Sustainability of Cultural Code of Nation","authors":"Doszhan Baibokonov, Yang Yongzhong","doi":"10.47703/ejebs.v3i67.257","DOIUrl":"https://doi.org/10.47703/ejebs.v3i67.257","url":null,"abstract":"This paper aims to understand how creative entrepreneurs’ (CEs) motivation influences on sustainability of the cultural code of a nation (SCCN) through generating cultural creative capital (CCCs) in the Kazakhstani mare milk industry (MMI). It presents a challenge for CE to combine and integrate two such distinct sectors: the high-growth technology and cultural production. We apply our finding on a practical basis in order to create a synergy of cultural creative development, where the main role is assigned to CE. This study purposes to explore the key mechanism of CE impact to SCCN. Content analysis has been used along with 31 in-depth interviews to obtain the research objective. Data was collected from CEs through an interview, along with archival information to construct a synergy of cultural creative development with CEs. The study unfolds by coding themes using Atlas.ti 9 several crucial factors like motivation, domain-relevant skills, affordance and commercialization, and cultural protection attitude to SCCN by cultural creative industries (CCIs). The findings of this research revealed that SCCN is achieved through undertaking a set of process models of CEs in the MMI that can be used as a guideline for a variety of stakeholders. Our paper ends with drawing a set of concluding remarks and insights for theory and practice. May assist as a guideline for other traditional industry which is based on cultural products, or some practitioners which has similar type with MMI may use them to build another business.","PeriodicalId":185900,"journal":{"name":"Eurasian Journal of Economic and Business Studies","volume":"18 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135373469","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Specifics of the Implementation of PPP Standards: Analysis of the State Audit on the Example of Foreign Practice","authors":"Bayansulu Tassybay, Aigerim Zhusupova, Zhanat Bulakbay, Gulnara Amanova, Aliya Rakayeva","doi":"10.47703/ejebs.v3i67.251","DOIUrl":"https://doi.org/10.47703/ejebs.v3i67.251","url":null,"abstract":"The necessity to develop a state policy in the field of rational use of regional assets is due to the need to overcome the consequences of the economic crisis in the context of the introduction and development of effective application of international auditing standards in our country. This makes it possible to understand the requirements of the standards better, as well as accelerate their implementation into domestic audit practice. The study identifies the principles and strategic goals of public policy. In order to work successfully with the private sector, public authorities need to understand the fundamental principles and goals underlying PPPs clearly. Under PPP agreements, private sector contractors become long-term service providers rather than just initial developers of assets, combining the responsibilities of designing, creating, operating and possibly financing assets to provide services needed by the public sector. The article concludes that all the considered models of public policy development generally follow a common algorithm for making political decisions: interests - priorities - risks - goals - resources - decisions. Models define universal characteristics that are characteristic of policy-making processes. In conclusion, it is noted that in the process of developing and implementing state policy in the field of rational use of regional assets, it is necessary to take into account that its main role should not be in the distribution of income between regions but in creating conditions for involving regional assets in production processes through their rational use, in order to increase the economic activity of regions and the quality of life of their population.","PeriodicalId":185900,"journal":{"name":"Eurasian Journal of Economic and Business Studies","volume":"20 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135373463","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Migration Impact on the Labour Market and Economic Activity of Kazakhstan","authors":"Damira Iskakova, Aigul Kurmanalina, Dariya Iskakova, Saule Serikbayeva, Almagul Ibrasheva","doi":"10.47703/ejebs.v3i67.317","DOIUrl":"https://doi.org/10.47703/ejebs.v3i67.317","url":null,"abstract":"This study examines the relationship between migration (M), economic activity (EA), and the labour market (LM) in the Republic of Kazakhstan from 2000 to 2022. The research comprises three stages, namely indicator selection, data analysis, and correlation-regression analysis. The study hypotheses propose that migration has a notably adverse influence on both the labor market and economic activity. Secondary data from the World Bank and the National Bureau of Statistics of the Republic of Kazakhstan were employed, covering the years 2000 to 2022. The chosen variables encompass migration growth, GDP, labor productivity, investment in fixed assets, real wages, and unemployment rates. The research includes three latent variables: migration (M), economic activity (EA), and the labor market (LM). The measurement models for these variables show acceptable to high reliability, suggesting a sufficient association between the included variables. Regression analysis reveals a significant negative impact of migration on both economic activity and the labour market. Migration can significantly influence economic activity, unemployment rate, and real wages. The findings support the hypotheses, indicating positive economic indicators and the country's socio-economic development trends. These results are valuable for understanding population dynamics and the potential impact of migration on the economy and social processes in Kazakhstan. Overall, the study provides insights into the relationships between migration, economic activity, and the labour market, highlighting the importance of these factors in shaping the country's development.","PeriodicalId":185900,"journal":{"name":"Eurasian Journal of Economic and Business Studies","volume":"77 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135373468","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Stefan Noack, Ilona Bordiyanu, Bernd Zirkler, Christian Brauweiler
{"title":"Sustainability Covenants as a Financial Measure to Enhance the Efficiency of Companies","authors":"Stefan Noack, Ilona Bordiyanu, Bernd Zirkler, Christian Brauweiler","doi":"10.47703/ejebs.v3i67.294","DOIUrl":"https://doi.org/10.47703/ejebs.v3i67.294","url":null,"abstract":"This article aims to identify the status quo of sustainability covenants firstly, secondly analyze their possibilities in enhancing sustainability performance and thirdly present further research directions. Covenants are additional contractual agreements mainly used in financial contracts, e.g. loans. They often focus on financial performance indicators, e.g., equity and net debt ratio, which the borrower must fulfil. However, the purpose of this article is to present a new approach to non-financial covenants, so-called sustainability covenants. Therefore, also nowadays ecological and social challenges are addressed. Banks have a huge impact on sustainable development by introducing more non-financial indicators in evaluating the creditability of borrowers. As a key hypothesis, this article argues that the approach of integrating ecological and social objectives through non-financial covenants is underrepresented in economic and business practice. Therefore, this article wants to examine how those objectives can be integrated into the financial concept of covenants and rely on research towards an integrative sustainability approach. In addition, a systematic literature review was conducted from October 2022 to July 2023 to analyze the status quo and derive future research directions. The review was based on two databases – Google Scholar and Scopus. As one key result, it was revealed that there is scarce existing literature on sustainability covenants, which refers to them as a policy measure. Only a few publications analyze their usage in financial contracts. However, this study implies the necessity for further research on sustainability covenants, emphasizing that they are powerful indicators to enhance the sustainability performance of the borrower.","PeriodicalId":185900,"journal":{"name":"Eurasian Journal of Economic and Business Studies","volume":"39 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135373467","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Laura Kuanova, Assel Bekbossinova, Temirlan Abdykadyr
{"title":"Assessment of the Sustainable Development of Regions: the Case of Kazakhstan","authors":"Laura Kuanova, Assel Bekbossinova, Temirlan Abdykadyr","doi":"10.47703/ejebs.v3i67.310","DOIUrl":"https://doi.org/10.47703/ejebs.v3i67.310","url":null,"abstract":"This research work is devoted to assessing the sustainable development of regions in the example of Kazakhstan. Sustainable development is a strategically important aspect of the country, balancing economic growth, social well-being and environmental protection. The paper considers the key indicators used to assess the sustainable development of the regions of Kazakhstan. The Sustainable Development Goal Index (SDI) was calculated based on seven statistical indicators: gross regional product per capita, food security, unemployment rate, poverty rate, crime rate, education level, and environmental pollution in 14 regions and three cities from 2011 to 2021. The data was collected from the Bureau of National Statistics of Kazakhstan. The initial data of stability indicators were used as a matrix with dimensions m * n to calculate the weight coefficients. Further indicators were scaled and standardized. In addition, to evaluate the weighted index, a measure of the entropy of the indicator was calculated. As a result of the index calculation, it was revealed that the rating leaders are the regions with the lowest normalized poverty level, and these regions take the first place - the cities of Almaty, Astana and Shymkent. In comparison, the highest normalized poverty rate with the lowest positions are Turkestan, North Kazakhstan and Zhambyl regions. This work is essential for making effective decisions and developing targeted strategies for the sustainable development of Kazakhstan. It can be used as a basis for further research in the regional development sustainability field.","PeriodicalId":185900,"journal":{"name":"Eurasian Journal of Economic and Business Studies","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135373471","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Use of Fish Resources and Prospects for Aquaculture Conservation in Water Bodies of West Kazakhstan Regions","authors":"Bakytgul Bazarova, Bibigul Kopbulsynova, Aizhamal Aidaraliyeva, Gulnar Talapbayeva","doi":"10.47703/ejebs.v3i67.180","DOIUrl":"https://doi.org/10.47703/ejebs.v3i67.180","url":null,"abstract":"The ability to meet the needs of the population in fish and fish products and its food security is one of the most acute problems in the Republic of Kazakhstan. The purpose of this study is to study the current state of fisheries in the Republic of Kazakhstan and to propose the development of fisheries in the West Kazakhstan region. Methods for studying of a condition of a fishery of Republic Kazakhstan statistical methods of the data analysis have been used, and exclusively the catch of fish and other water animals, and also dependence of physical volume of fish farming production on total quantity of the made production. In research topical questions of production capacity of fishing and fish-canning enterprises, by kinds and volumes of output production, economic indicators, and also on the enterprises which are carrying out purchase and realization of fish production, wholesale and retail trade, problems of marketing researches in the field of manufacture and safety of fish production are considered. Conclusions - proceeding from the received results it has been concluded that it is necessary to create laboratories and fish farming in autonomous objects, that will allow to develop innovative technologies of cultivation, conservation and replenishment of fish resources in water bodies of region, will provide educational base for training of future specialists, will create conditions for conservation and multiplication of fish resources of Kazakhstan, will increase food safety of the country, will solve key problems of fish industry development. Artificial fish farming involves intervention in the development of organisms in order to increase their productivity, such as regular restocking, feeding, protection from predators, etc.","PeriodicalId":185900,"journal":{"name":"Eurasian Journal of Economic and Business Studies","volume":"5 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135373462","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Determination of the Role of Elements Affecting the Formation of the City Image of Turkestan","authors":"Symbat Nakhipbekova, Zhassulan Sadykov, Nurlykhan Abdiqadyr, Almas Dzhaksilikov, Turdibuvi Kazakbayeva","doi":"10.47703/ejebs.v3i67.266","DOIUrl":"https://doi.org/10.47703/ejebs.v3i67.266","url":null,"abstract":"This study examines the influence of various factors on the branding process of Turkistan city and its impact on tourism development. Through a systematic analysis of relevant literature, the study aims to provide a foundation for urban branding by exploring perspectives, approaches, variables, methods, and related concepts. The analysis focuses on the impact of city branding on foreign tourists' perception of Turkistan and their decision to visit. Additionally, it investigates the tourism values associated with Turkistan and the perceptions of its residents. Statistical and empirical methods were employed in this research, utilizing the SPSS 22 program to analyze survey responses. Correlation, regression, and dispersion methods were used to derive the results. Descriptive statistics indicate that historical places play a significant role in strengthening the brand value perception of Turkistan. The study also highlights existing shortcomings in the city's tourism infrastructure and provides recommendations for improvement. Furthermore, the relationship between city image and city branding is considered, and future research could explore the connection between sustainability and urban branding, thereby contributing to the existing literature.","PeriodicalId":185900,"journal":{"name":"Eurasian Journal of Economic and Business Studies","volume":"42 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135373472","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Geopolital and Geo-Economic Importance of the Middle Corridor: A Chompreshive Overview","authors":"Laszlo Vasa, Peter Barkanyi","doi":"10.47703/ejebs.v2i67.295","DOIUrl":"https://doi.org/10.47703/ejebs.v2i67.295","url":null,"abstract":"The aim of the paper is to investigate the changing importance of the Middle Corridor in geopolitical and geo-economic contexts using analytical and case study methodology. The conflict in Ukraine has disrupted the traditional trade route between Asia and Europe via Russia, leading to the emergence of alternative transport options such as the Trans-Caspian International Transport Route (TITR), also known as the Middle Corridor (MC). This study examines the evolving importance of the Middle Corridor in the geopolitical and geo-economic context and highlights its potential as an alternative trade route for China-Europe trade. However, the corridor currently operates at only 10% of the capacity of the Northern Corridor, and significant efforts are needed to increase its capacity and ensure its efficient use. Successful corridor initiatives depend on effective management, trade facilitation and cross-border cooperation to overcome geographical disparities. As a result, the Trans-Caspian International Transport Route (TITR), also known as the Middle Corridor (MC), is emerging as a promising alternative for the foreseeable future. Overall, the growing importance of the Middle Corridor and other Asian economic corridors is changing regional trade and transport dynamics, requiring comprehensive management, trade facilitation and infrastructure development.","PeriodicalId":185900,"journal":{"name":"Eurasian Journal of Economic and Business Studies","volume":"6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124284074","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Formation of Industrial and Logistics Hub in the Border Areas of Kazakhstan and Uzbekistan","authors":"Gulmira Bodaubayeva, K. Turkeeva","doi":"10.47703/ejebs.v2i67.287","DOIUrl":"https://doi.org/10.47703/ejebs.v2i67.287","url":null,"abstract":"Central Asia is a strategic region of the China-Europe continental bridge. The conflict between Russia and Ukraine has seriously affected international supply chains, which has led to the intensification of the development of alternative corridors and the construction of new regional logistics hubs along them. The purpose of the research is to determine, on the basis of these sources, the factors of the formation of industrial and logistics hubs, as well as the directions of their development on the example of the border regions of Kazakhstan and Uzbekistan. In preparing this article, a mixed research strategy was used, which implies quantitative and qualitative methods. It consists not only of the systematic study of the literature on the research topic and statistical information but also involves the implementation of theoretical studies, comparison, generalization and analysis of the results, argumentation and formulation of conclusions. The study identified the main constraining factors for the development of such centres delays in customs inspection, inconsistency in the legal framework of the transportation process, underdevelopment of infrastructure, low level of digitalization and the use of information systems, the use of non-tariff barriers, low level of digitalization and the use of information systems. The creation and development of integrated transport services based on a digital platform will speed up this process. In addition, taking into account these factors, the components of an industrial and logistics hub are proposed: an industrial zone, a logistics zone, a trading zone, a certification zone with appropriate services, as well as a digital platform as a link between all components.","PeriodicalId":185900,"journal":{"name":"Eurasian Journal of Economic and Business Studies","volume":"126 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132937135","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
N. Nurmukhametov, Z. Bulkhairova, O. Zhadigerova, G. Saimagambetova
{"title":"Project Management in Strategic Planning of Enterprises at the Present Stage","authors":"N. Nurmukhametov, Z. Bulkhairova, O. Zhadigerova, G. Saimagambetova","doi":"10.47703/ejebs.v2i67.264","DOIUrl":"https://doi.org/10.47703/ejebs.v2i67.264","url":null,"abstract":"In this article, the authors consider project management in the strategic planning of energy industry enterprises. The purpose of the article is to analyze and calculate indicators in order to identify the effectiveness of energy enterprise modernization. The authors thoroughly analyze the literature review on project management in the enterprise’s strategic planning. The authors also revealed that strategic planning in the project management framework is considered a dynamic set of six interrelated management processes that logically follow each other. Results: the authors calculated the degree of factors influenced to identify the decreased degree in the enterprise efficiency by the method of chain substitutions. As a result, heat energy was underdeveloped due to the reduction in the number of operation hours of boiler units. As a result of the conducted research, it was revealed that a change in the values of the main factors, namely the number of boiler units operating and due to heat losses from external pipelines affecting the production process, entails a change in the generated power of boilers, the amount of load and the valuable heat released, and hot water transferred to the consumer. Conclusion: the presented data and their analysis make it possible to effectively assess that a well-chosen and successfully implemented business management strategy is the key to its effective functioning in a market economy. Of course, a good strategic plan and its good execution do not guarantee that the company will be able to completely avoid periods of recession and uncertainty. ","PeriodicalId":185900,"journal":{"name":"Eurasian Journal of Economic and Business Studies","volume":"11 2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132975115","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}