WSEAS Transactions on Business and Economics最新文献

{"title":"Recovery of the Economy of Ukraine on the Basis of Digital Entrepreneurship: Forecast Expectations, Models and Scenarios of Post-War Development","authors":"Kateryna Kraus, N. Kraus, G. Pochenchuk, O. Manzhura, Vitaly Kyrpushko","doi":"10.37394/23207.2024.21.124","DOIUrl":"https://doi.org/10.37394/23207.2024.21.124","url":null,"abstract":"The purpose of scientific research is to present tools and measures for the recovery of the economy of Ukraine and to find reserves for accelerating the digitalization of business and entrepreneurship, which will play one of the main ‘violins’ of the innovative and digital development of Ukraine with a bright financial and economic future in the scenario of post-war development. The object of scientific research is the sphere of telecommunications, computer and information services from 2000 to 2023, and the analysis of indicators of the export of services in this sphere, the expansion of digital opportunities of entrepreneurship due to the introduction of products and services of the information and communication sphere as one of the key reserves of innovative and digital development during post-war reconstruction. Types of offset obligations for the purchase of imported products are presented, including: transfer of technologies, opening of joint production in the territory of the importer; direct investments, development of digital infrastructure, and investments in R&D. Measures to promote the digitization of traditional entrepreneurship are named, in particular: the creation of the Digital Bank of Innovative Development of Ukraine and the introduction of preferential taxation of incomes of newly created digital enterprises in the field of digital and innovation. It was determined that the creation of favorable conditions for innovation, investment, and commercial activities of digital enterprises, within the national digital ecosystem in technology parks, will speed up the post-war reconstruction of Ukraine’s economy. The practical significance of the research results is that the content of practical advice, the use of which will make it possible to preserve the positive dynamics of the export of services in terms of telecommunications, computer, and information services, regardless of the state of war in Ukraine, is disclosed. The value of the presented research is that having conducted a thorough analysis of statistical data on the dynamics of the export of business services and the dynamics of the export of services in the field of telecommunications, computer, and information services from 2000 to 2023, the authors managed to determine the relative error of approximation – a criterion for assessing the reliability of the forecast, which was 1.74% and to consider the approximation quality, and the forecast for 2026 is reliable. We consider this to be one of the opportunities for the country to make money by selling a quality product in foreign markets and as a result increasing the GDP. It is proposed to develop a program to support digital entrepreneurship in the field of information and communication technologies and to open regional technocenters for joint work with local entrepreneurs.","PeriodicalId":39427,"journal":{"name":"WSEAS Transactions on Business and Economics","volume":" 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141676972","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":"FUser Experience (UX) Design Websites as a Marketing Tool","authors":"Iveta Linina, Karina Villerte, V. Vevere, R. Zvirgzdiņa","doi":"10.37394/23207.2024.21.120","DOIUrl":"https://doi.org/10.37394/23207.2024.21.120","url":null,"abstract":"A website is a business card that shows partners and customers a company's identity, goals, and products. The user experience process is a new collection of methods that determines the basics of a website's functionality and explores the interaction between the company and the user. Following the user experience process, researching the company's and website's goals about the product page and how the website process can improve and attract new leads and increase the company's profits. To achieve the research goal, three objectives were set: 1) to study user experience websites and their impact on the marketing process of the company, 2) to analyze data on the impact of user experience design, and website design on user experience, 3) to improve website design and content based on user experience.","PeriodicalId":39427,"journal":{"name":"WSEAS Transactions on Business and Economics","volume":"10 10","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141339059","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":"The Impact of Hostilities on the Banking System, the Financial Sector, and Prospects for Recovering in a Conflict-Related Context","authors":"Olha Dzhyhora, Karpika Serhii, Leonid Milman, Nataliia Maslak, Sergii Bratushka","doi":"10.37394/23207.2024.21.119","DOIUrl":"https://doi.org/10.37394/23207.2024.21.119","url":null,"abstract":"Throughout the conflict in Ukraine, a multitude of adverse ramifications stemming from hostilities were observed within the sphere of banking activities and the overarching financial system. Such consequences encompassed disruptions in the operational continuity of banking branches, leading to closures attributable to the destruction of infrastructure and shelling incidents. The primary objective of this article is to undertake a comprehensive analysis of the repercussions of hostilities on the banking system, the financial sector, and the ensuing prospects for recovery within the context of the conflict. The methodology employed in this study is grounded in a structural analysis of key performance indicators of banks and economic standards pertinent to the banking system. The temporal scope of the analysis encompasses the years 2016-2023. The findings underscore the significance of systemic and sustained reforms directed towards upholding financial stability and macroeconomic equilibrium, with a specific focus on the pivotal role played by the financial sector and banks. The pragmatic significance of this study lies in the identification of essential tools pivotal for preserving the financial stability of the financial sector during periods of war.","PeriodicalId":39427,"journal":{"name":"WSEAS Transactions on Business and Economics","volume":"41 35","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141339705","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":"An Online Platform in 3D Virtual Environment, a Tool in Entrepreneurship Empowerment for Goods and Services Supply Chain","authors":"I. Dagkinis, P. Psomas, A. Vlachvei, Andreas Koskeris, Dimitris Ziouzios, Elton Frengkou, N. Nikitakos","doi":"10.37394/23207.2024.21.118","DOIUrl":"https://doi.org/10.37394/23207.2024.21.118","url":null,"abstract":"This paper presents a virtual trade platform to promote entrepreneurial spirit and provide a systemic approach to support businesses and consumers to successfully promote their products and services in exhibitions through virtual reality, overcoming problems of transport, cost, and weakness for their participation due to insularity. Several activities were developed in the 3D Virtual World, involving the entrepreneurial spirit with innovative activities and procedures, increasing opportunities and putting theoretical knowledge into practice. The S.A.A.T. online expo platform uses 3D virtual reality (VR) to enhance entrepreneurship focused on the agri-food domain and tourism since it is possible for SMEs to promote products and services by overcoming distance problems from potential customers and interested investors, easily. According to the above-mentioned, the online S.A.A.T. expo platform provides some of the main functions of a modern virtual exhibition, to improve the applications of VR in those fields.","PeriodicalId":39427,"journal":{"name":"WSEAS Transactions on Business and Economics","volume":" 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141375276","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":"Intellectual Property Rights (IPR) and Its Effect on the Flow of Cross-Border Mergers and Acquisitions (M&As)","authors":"Sameer M Shaikh, Debasis Patnaik, M. J. Fernandes, Sunil Kumar Ambrammal","doi":"10.37394/23207.2024.21.106","DOIUrl":"https://doi.org/10.37394/23207.2024.21.106","url":null,"abstract":"Extant research finds effective intellectual property rights (IPR) protection encourages firms to initiate mergers and acquisitions (M&A) deals. IPR strengthening positively affects firms’ research and development activities and thus their innovative ability. Consequently, acquirer firms can improve their innovation quotient by pursuing target firms in regions undertaking IPR protection and enforcement measures. The present study examines the impact of IPR protection on 20,363 inbound M&A deals engaged in 42 countries between the years 2014 to 2019. Differing from the use of conventionally employed, Ginarte and Park index available in a five-yearly interval, which evaluates only Patents, this paper proxies IPR strengthening through a more comprehensive annual intellectual property (IP) index (covering other intellectual assets like copyrights, trademarks, etc. besides patents) constructed by Global Innovation Policy Center, U.S. Chamber of Commerce. Estimates from panel regression, including country and year-fixed effects, indicate that reforms that improve IP protection in a target country are positively and, to a more considerable extent, significantly associated with an increase in inbound cross-border M&As. In addition, the impact is weakly significant when target firms belong to emerging countries. This study sheds light on whether IPR protection influences corporate decision-making. The results suggest that acquirers look forward to regions undertaking efforts to improve their IP ecosystem, either to protect their intellectual capital transmitted through technology transfer or to acquire targets high on innovative quotient.","PeriodicalId":39427,"journal":{"name":"WSEAS Transactions on Business and Economics","volume":"60 21","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141102169","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":"Integration of the Academic and Entrepreneurial Environments to Enhance Development Opportunities for Tourism Enterprises","authors":"Ilyоs Abdullayev, Karina Nevmatulina, Mikhail Ivashkin, M. Aitkazina, Nataly Shaitura, Aleksandr Shelygov, Alma Karshalova, Judith Josefina Hernández García De Velazco","doi":"10.37394/23207.2024.21.105","DOIUrl":"https://doi.org/10.37394/23207.2024.21.105","url":null,"abstract":"The development of modern forms of interaction between science, education, and tourism business perfects the training of specialists who meet the requirements of the tourism market and support the development of the industry. The difficulty of integrating the academic and business environment to strengthen the development opportunities for tourism enterprises necessitates the search for ways to resolve this problem. The study aims to evaluate the integration of academic and entrepreneurial environments as a mechanism for enhancing the development opportunities for tourism enterprises. To achieve the goal, the study employs the qualitative research method of document analysis, as well as the method of expert survey, followed by statistical processing of the obtained data. The authors conclude that the integration of the academic and entrepreneurial environments in the tourism business has to be performed with due regard to the mutual interests of its participants. Key areas of cooperation are increasing the level of services and staff professionalism, improving the quality of training of young specialists through participation in research of tourism, the development of educational programs and improvement of specialists’ competence, the development of incubators and accelerators, and active participation of students in the development and commercialization of business projects.","PeriodicalId":39427,"journal":{"name":"WSEAS Transactions on Business and Economics","volume":"40 10","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141102118","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":"Producer Support Estimate Effects in Terms of Commodity Production – An Empirical Investigation","authors":"Valbona Karapici, A. Gjipali, Doriana Matraku (Dervishi)","doi":"10.37394/23207.2024.21.108","DOIUrl":"https://doi.org/10.37394/23207.2024.21.108","url":null,"abstract":"The agriculture sector has steadily enjoyed government support for a relatively long period, especially in developed economies. Considerations relate to strategic behavior of countries’ leadership, in that ensuring food security is essential to avoid dependence on other countries for food supply. However, recent decades’ objectives have been focused on farmers’ income stability as well as on the environmental impacts of agriculture. While there is a consensus on the depressing effects on consumers’ and taxpayers’ welfare, the discussions on the public policy impacts on the agricultural outcome are of a wider range. Empirical studies at the farm level doubt the positive effect of farm support on their technical efficiency. This paper provides an analysis of the role of Producer Support Estimate (PSE) as a source of assistance on a commodity basis in a group of OECD and other big agricultural traders. With a special focus on the Producer Single Commodity Transfer (PSCT) effect on the countries’ commodity production levels, the general finding is that the government intervention in specific commodities investigated here may not be efficient.","PeriodicalId":39427,"journal":{"name":"WSEAS Transactions on Business and Economics","volume":"6 12","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141101262","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":"Strangers to Strategic Allies: An Overview of Thriving, Prospering and Blossoming Sino-Saudi Relations","authors":"F. Kayani, Khalil Abu Saleem","doi":"10.37394/23207.2024.21.110","DOIUrl":"https://doi.org/10.37394/23207.2024.21.110","url":null,"abstract":"Over the last one-decade, Saudi Arabia has adopted the policy of “Looking East” and is rigorously busy in developing and augmenting its economic and diplomatic relations with China. Since 2016, China and Saudi Arabia have strongly supported and complemented each other via China’s Belt and Road Initiative and the Saudi Vision 2030. In January 2016, Chinese President Xi Jinping paid a grand state visit to Saudi Arabia, during which both countries decided to enter a comprehensive strategic partnership. Later in March 2017, Saudi King Salman bin Abdul Aziz visited China and endorsed the Belt and Road Initiative project of China. By reciprocating, China expressed its support for Saudi Arabia’s pursuit of the 2030 Vision and offered its help to Saudi Arabia in achieving a diversified economy. So, both countries are busy in cementing their relations upon the synergy of their two signature programs i.e. China’s Belt and Road Initiative and Saudi Vision 2030. This article highlights the historical overview of Sino-Saudi relations, describing how the two countries transitioned from mutual apathy to diplomatic relations, and then how this relationship grew to the point that they entered into a comprehensive strategic partnership.","PeriodicalId":39427,"journal":{"name":"WSEAS Transactions on Business and Economics","volume":"31 11","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141102783","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":"The Impact of Accounting Knowledge Management on Improving Institutional Performance in the Greater Amman Municipality","authors":"Sakher A. I. Al-Bazaiah, Safa’ Ahmad Muflih Alzboon, R. Salameh, Omar M. Hawamdeh, Faris Irshaid Al Karabsheh","doi":"10.37394/23207.2024.21.109","DOIUrl":"https://doi.org/10.37394/23207.2024.21.109","url":null,"abstract":"The study was designed to explore the influence of accounting knowledge management (AKM) on enhancing institutional performance across various dimensions such as learning and growth, internal processes, customer satisfaction, financial performance, and the strategic dimension within the Greater Amman Municipality. Utilizing a combination of descriptive and inferential analytical approaches, the research targeted the entire cohort of employees working in the financial department, encompassing financial managers, department heads, accountants, and auditors, amounting to a total of 244 individuals. To fulfill the study’s aims, 200 questionnaires were disseminated, out of which 156 were returned and deemed valid for analysis, marking a substantial response rate of 78%. The findings of the study were quite revealing, indicating that all aspects of accounting knowledge management attained high levels of relative importance. Similarly, each dimension of institutional performance was also deemed to hold significant importance. Crucially, the study unveiled a positive correlation between the implementation of AKM and the enhancement of institutional performance within the Greater Amman Municipality. It was further discerned that the application of AKM concepts played a substantial role in the amelioration of institutional performance. One of the pivotal recommendations emerging from the study emphasized the need for the Greater Amman Municipality to augment its focus on generating accounting knowledge. The study advocates for the adoption of modern management methodologies that foster teamwork, cooperation, and active employee participation in conferences and meetings, to enhance knowledge generation and application within the organization.","PeriodicalId":39427,"journal":{"name":"WSEAS Transactions on Business and Economics","volume":"5 11","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141099559","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":"Determinants of Accounting Information System Quality and Its Impact on Accounting Information Quality: Study on Hospitality in Semarang City, Indonesia","authors":"Ceacilia Srimindarti, Pancawati Hardiningsih, Gregorius Anggana Lisiantara, Payamta Payamta","doi":"10.37394/23207.2024.21.107","DOIUrl":"https://doi.org/10.37394/23207.2024.21.107","url":null,"abstract":"This research intends to investigate the user capabilities and culture of an organization on the quality of accounting information systems and its impact on information quality. A quantitative approach was adopted, and 82 questionnaires were distributed to hotel employees in Semarang, Indonesia working in the accounting department. Partial least squares are used to achieve numerical results that can explain the phenomenon under study. The research results show that users’ technical abilities and organizational culture have a positive effect on the quality of accounting information systems. The influence of users’ technical capabilities and organizational culture on the quality of accounting information systems has an impact on the quality of accounting information. This research is one of the first to link user capabilities and the culture of the organization to the quality of accounting information systems and its impact on information quality. This contributes to decision usefulness theory, highlighting systems of accounting information systems and quality of information, systems of accounting information are created to produce good quality information that can be used as a basis for corporate decision-making. The results also contribute to the systems of accounting information literature.","PeriodicalId":39427,"journal":{"name":"WSEAS Transactions on Business and Economics","volume":"8 10","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141099793","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}