{"title":"The use of digital technologies for crisis management","authors":"M. A. Rublev","doi":"10.35854/1998-1627-2024-5-633-641","DOIUrl":"https://doi.org/10.35854/1998-1627-2024-5-633-641","url":null,"abstract":"Aim. To identify the role of digital technologies in the context of crisis management and the opportunities that digital tools provide for the development and growth of companies, even in the face of economic turmoil. To pay special attention to the study of effective practices of optimization and modernization of business processes using the latest digital tools, which con[1]tribute not only to increasing productivity and efficiency of business, but also its adaptation to rapidly changing market conditions.Objectives. To analyze the role of digital technologies in the context of crisis management, highlighting the opportunities that digital tools offer for the development and growth of companies, even in conditions of economic turmoil; to study the advantages of applying new business models using modern digital technologies; to consider the principle of operation of platform business models using examples and show the advantages of their use; to evaluate the financial performance of companies.Methods. The author applied the methods of complex and comparative analysis, as well as the study of foreign and domestic experience of digital transformation in crisis conditions. Considerable attention was paid to the work with periodicals, scientific articles and analytical reports in the field of crisis management and digitalization. In addition, methods of observation, generalization and comparison were used.Results. The study suggests that digital technologies contribute to improving the transparency and efficiency of business processes in crisis conditions. The main factors of successful digital transformation of organizations were identified and recommendations for their use were developed.Conclusions. According to the author’s position, the necessity of active use of innovative technologies in crisis management, as well as the importance of a strategic approach to digital transformation in a rapidly changing environment are obvious. The key element of successful crisis management is the active integration of digital technologies into business processes and the use of a strategic approach to digital transformation. Cultural and organizational aspects that ensure sufficient funding and management support are recognized as important factors. The use of online platforms allows organizations to effectively form a digital ecosystem, increasing competitiveness, which ultimately contributes to the successful achievement of business goals in a rapidly changing digital environment. The application of the proposed recommendations on the use of innovative technologies will help organizations not only to cope with the current crises, but will also contribute to their sustainable development and stabilization.","PeriodicalId":513263,"journal":{"name":"Economics and Management","volume":"32 9","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141651113","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":"Russian mutual insurance market: Limitations for development","authors":"S. A. Belozerov, A. В. Romanova","doi":"10.35854/1998-1627-2024-5-584-591","DOIUrl":"https://doi.org/10.35854/1998-1627-2024-5-584-591","url":null,"abstract":" Aim. To assess the practical significance of the possible implementation of some proposals aimed at the development of the insurance market, based on the analysis of statistical data on the activities of insurance organizations and mutual insurance societies, particularly in the field of insurance of civil liability of notaries.Objectives. With the help of statistical data on the activity of insurance organizations and mutual insurance societies to identify the practical significance of the initiative and its impact on the development of mutual insurers in the insurance industry.Methods. The present study is built on the basis of empirical methods such as observation, comparison, generalization, induction, deduction.Results. The authors analyzed the activity of insurance companies in 2023 in the aspect of insurance organizations and mutual insurance societies, including the impact and significance of the type of insurance of civil liability of notaries on the insurance industry. Taking into account the actually full coverage of notaries by insurance services required by law, there are no problems in the conclusion and execution of these insurance contracts, according to the author’s position. The presence of an insignificant number of insurance organizations in this segment and small volumes of premiums in relation to the total premium collections indicate a low interest of insurers in this type of insurance. Today the market of compulsory insurance of notaries is actually covered and closed for new players. The authors believe that admission of mutual insurers to this segment will not practically lead to the development of mutual insurance and improvement of the insurance market as a whole.Conclusions. Despite the tasks set by supervisory and regulatory authorities to strengthen and develop the insurance market, the initiatives put forward to modernize the mutual insurance market are noteworthy and are certainly important, timely, but insufficient for the realization of the set tasks. The authors conclude that the admission of mutual insurers only to the market of notaries’ liability insurance will not be a significant stimulus for the development of mutual insurance and improvement of the Russian insurance market.","PeriodicalId":513263,"journal":{"name":"Economics and Management","volume":"31 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141651142","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":"Factors of innovative development of socio-economic system","authors":"E. A. Losev","doi":"10.35854/1998-1627-2024-5-602-610","DOIUrl":"https://doi.org/10.35854/1998-1627-2024-5-602-610","url":null,"abstract":"Aim. To identify and systematize the factors of innovative development of modern socio- economic system.Objectives. To characterize the contribution of innovation in modern socio-economic development, including the need to achieve technological sovereignty; to analyze the approaches to identifying the factors of innovative development of modern socio-economic system; to propose the author’s systematization of factors of innovative development.Methods. The article is based on the application of mainly monographic method of research; using this method the author has studied approaches to innovative development, which are reflected in the modern economic literature. General scientific and specialized methods of scientific research were also used: analysis and synthesis, grouping method, system analysis, etc.Results. Innovations are recognized as one of the key tools of socio-economic development. Their importance has especially increased in modern conditions, when Russia was under the influence of sanctions of the collective West, limiting its technological development, which actualized the problem of achieving technological sovereignty and reducing the risks of import dependence. The problem of stimulating innovation activity has arisen and actualized, which requires an understanding of the factors influencing it. The study shows that these factors are diverse, there is no single approach to their identification and classification. This requires a combination of the available results of factor analysis in order to identify not only the composition and mechanisms of influence on innovative development of selected factors, but also to determine their mutual influence, which can act both as a stimulant and inhibitor of innovative development of socio-economic system.Conclusions. The formation of innovation potential is one of the key factors of economic growth, a necessary condition for the quantitative and qualitative development of socio-economic system. The research on identification and systematization of factors of innovative development of modern socio-economic system is a necessary prerequisite for this kind of development. The direction of further author’s research is the development of a methodology for assessing innovation potential, taking into account the impact and mutual influence of the identified factors of innovative development.","PeriodicalId":513263,"journal":{"name":"Economics and Management","volume":"38 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141653963","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":"Anatomy of the shadow economy: Structure, dynamics and impact on macroeconomic stability in times of crises","authors":"D. M. Orobchenko","doi":"10.35854/1998-1627-2024-5-618-632","DOIUrl":"https://doi.org/10.35854/1998-1627-2024-5-618-632","url":null,"abstract":"Aim. To test hypotheses about the counter-cyclical nature of the shadow economy and its role as a “shock absorber of social costs”.Objectives. To study the dynamics and structure of the shadow economy and employment during the crises of 2008–2009, 2014–2016 and 2020–2022; to analyze the ability of the shadow economy to absorb unemployment and smooth the fall of the economy; to identify the components of the dynamics of the shadow economy during the crises.Methods. The article is based on the analysis of unobserved economy estimates, microdata of labor force surveys of Rosstat and the Russian Monitoring of Economic Situation and Health of the National Research University Higher School of Economics. The dynamics of shadow gross domestic product (GDP), employment without registration, tax evasion, and unregistered entrepreneurial activity is analyzed. Balance models of workers’ transitions between formal and shadow employment were developed.Results. The data showed that the shadow economy is highly flexible and can temporarily absorb part of the unemployed and gross output in crises. However, its impact on macroeconomic stability is limited. Shadow employment serves as a factor of instability for shadow workers. Three groups of actors that determine the dynamics of the shadow economy are identified: entrenched, outsiders and reactive. The bulk of the shadow economy is concentrated in small and medium-sized businesses.Conclusions. The shadow economy can both contribute to the maintenance of economic activity, employment, and act as a driver of crises. In the author’s opinion, it is necessary to improve state regulation to facilitate legalization of business and employment of the “rooted” segment of the shadow economy.","PeriodicalId":513263,"journal":{"name":"Economics and Management","volume":"35 19","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141655046","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 economic impact of the adoption of emerging technologies in the context of the fourth industrial revolution","authors":"К. V. Lukashin","doi":"10.35854/1998-1627-2024-5-611-617","DOIUrl":"https://doi.org/10.35854/1998-1627-2024-5-611-617","url":null,"abstract":"Aim. To investigate the economic consequences in the development and application of modern technologies created in the context of the fourth industrial revolution.Objectives. To identify the main technological solutions introduced within the framework of the “Industry 4.0” concept; to analyze the impact of these innovations on various economic sectors; to assess the economic benefits and risks from the introduction of the latest technologies; to develop recommendations to increase benefits and minimize risks.Methods. The author studied the scientific-publicistic literature and applied the method of analyzing existing research and statistical data.Results. The process of influence of innovative technologies on productivity, employment and economic growth was analyzed. The economic benefits from the introduction of the concept of “Industry 4.0” (increasing production efficiency, creating new jobs and reducing costs) were evaluated. Economic risks are identified: polarization of the labor market, technological unemployment and aggravation of income inequality.Conclusions. The introduction of innovative technologies within the framework of the “Industry 4.0” concept significantly affects the economy. To fully realize the opportunities and minimize risks, industries need to implement organizational measures. Recommendations include investing in education, skills development, retraining and creating a regulatory environment that supports innovation at all stages of production.","PeriodicalId":513263,"journal":{"name":"Economics and Management","volume":"10 8","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141653540","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 use of big data analytics for human resource management in an organization","authors":"K. L. Averin, T. N. Kosheleva, O. Elkina","doi":"10.35854/1998-1627-2024-5-575-583","DOIUrl":"https://doi.org/10.35854/1998-1627-2024-5-575-583","url":null,"abstract":"Aim. To examine the application of big data in the field of human resource management and in organizational network analysis as a methodology to study the patterns of employee interaction within a formal organizational structure to improve the effectiveness of the human resource management system.Objectives. Theoretical analysis of existing methodologies for evaluating data on human resources of an organization to provide new opportunities for enterprise transformation; identification of hidden information on human resources and its use for internal staff development, retention and training; study of the possibilities of using organizational network analysis (ONA) to improve the effectiveness of human resource management.Methods. The authors used system and logical approaches, general scientific methods (analysis, synthesis), methods of comparative and economic analysis, analytical processing of information, graphical presentation of information.Results. The sources of big data are analyzed, the main indicators characterizing the state of personnel and allowing to forecast its development, dynamics of preservation of human resources in the organization, its training are allocated. The directions of using organizational network analysis in the personnel management system are proposed.Conclusions. The identified potential advantages of using organizational network analysis in the analytics of data on human resources in the organization will contribute to the reduction of staff turnover, optimization of staff structure, improvement of experience and knowledge sharing within the organization. This, according to the author’s position, will lead the enterprise to a positive economic effect and open new opportunities for its transformation","PeriodicalId":513263,"journal":{"name":"Economics and Management","volume":"129 35","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141656321","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":"Digitalization as an element of the system of business model building in the management of entrepreneurial projects within the concept of sustainable development","authors":"E. Litau, V. V. Kholodov","doi":"10.35854/1998-1627-2024-5-565-574","DOIUrl":"https://doi.org/10.35854/1998-1627-2024-5-565-574","url":null,"abstract":"Aim. To develop recommendations for the implementation of digital tools in the management of entrepreneurial projects to realize the strategic model of projective social responsibility.Objectives. To propose the concept of projective social responsibility for small developing entrepreneurial projects in order to increase their economic efficiency in the long term; to substantiate the necessity of applying digital solutions in order to implement the concept of sustainable development of small business as the most promising strategy of market behavior.Methods. The authors used the methods of analysis, grouping and generalization, typologization, synthesis, tabular visualization.Results. The main digital solutions shaping ESGD-transformation are identified and their use in the resource industry is determined. The necessity of using digital solutions is substantiated and the concept of projective social responsibility for small businesses is proposed. Recommendations for the presentation and use of modern technologies related to sustainable development are formulated.Conclusions. Increasing the level of digitalization and implementation of the principles of sustainable development of organizations contributes to overall efficiency for all economic entities, regardless of the scale of their activities. Based on the reviewed sustainability reports, it is concluded that ESGD transformation is implemented in large companies. On the contrary, small businesses mainly belong to the reactive model of projective social responsibility. However, with the help of digital tools mentioned by the authors, small businesses can also reach a new level of strategic social responsibility.","PeriodicalId":513263,"journal":{"name":"Economics and Management","volume":"58 10","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141658257","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":"Trends and prospects for the development of the derivatives market in Russia under sanctions","authors":"V. V. Morozov","doi":"10.35854/1998-1627-2024-5-592-601","DOIUrl":"https://doi.org/10.35854/1998-1627-2024-5-592-601","url":null,"abstract":"Aim. To analyze trends on the derivatives market in Russia under sanctions and identify prospects for its development.Objectives. To study the theoretical basis and functions of the derivatives market; to analyze its current state in Russia, to assess the impact of sanctions on the dynamics and structure of the derivatives market; to identify trends and determine scenarios for its development in the Russian state under sanctions; to develop recommendations to improve the efficiency and development of the derivatives market under external pressure.Methods. The author applied the methods of analysis, synthesis, generalization, comparison, analogy, historical analysis. The analysis of publications with the subsequent interpretation has been carried out, the results of research have been summarized, on the basis of which the author’s understanding of the derivatives market development trends has been derived. Comparison of the existing opinions concerning the considered problems was carried out, statistical data were investigated.Results. Under the conditions of sanctions Russian banks, financial organizations, exporters and importers faced restricted access to international markets, there were changes in demand, there were needs for new instruments. Sanctions contribute to the development and implementation of new instruments in the derivatives market. The main scientific result of the work is to identify effective approaches to the development of the derivatives market under external pressure. The results of the study can be used in the practice of financial institutions, banks and government agencies to develop strategies and development of operations with derivatives.Conclusions. The derivatives market plays an important role in the Russian economy, performing the functions of risk hedging, price formation and contributing to the predictability of financial flows, which is especially important in the conditions of sanctions pressure. An assessment of the current state of the derivatives market in Russia has revealed significant changes in its structure and dynamics. The introduction of sanctions led to the introduction of new financial instruments, sanctions stimulated innovation and development of domestic infrastructure. The role of financial market infrastructural organizations, state institutions and the Bank of Russia is increasing. There is a growing interest in local and regional hedging instruments, increasing importance of the domestic market and markets of friendly countries. The prospects for the development of the derivatives market in the Russian state look promising if a number of steps are realized. Possible development scenarios include: further strengthening of internal infrastructure, simplification of accounting procedures, development of new financial products adapted to current conditions.","PeriodicalId":513263,"journal":{"name":"Economics and Management","volume":"138 16","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141656021","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 role of creative industries in the regional economy","authors":"D. V. Dmitriev, A. A. Shakurov","doi":"10.35854/1998-1627-2024-5-556-564","DOIUrl":"https://doi.org/10.35854/1998-1627-2024-5-556-564","url":null,"abstract":"Aim. To analyze the role of creative industries in regional economic development with a focus on St. Petersburg. Objectives. To study theoretical approaches to the study of creative industries; to examine the existing concepts of creative industries; to analyze various methods of assessing creative industries and their impact on the regions; to evaluate the contribution of creative industries to the economy of St. Petersburg, to study their dynamics and impact on the socio-economic development of the city.Methods. The authors used general scientific research methods such as deduction, analysis, synthesis and logical analysis. Classical research methods were applied to collect and process data on creative industries.Results. The study determined the role of creative industries in the socio-economic development of regions. The understanding of further prospects of creative industries was formed. The fac[1]tors influencing the economic growth of the region were analyzed. The degree of development of creative industries in St. Petersburg is assessed and their contribution to the structure of gross regional product (GRP) of the region due to the available technical, logistical, digital, cultural and leisure infrastructure is presented. It is concluded that it is the synergetic development of creative industries and related services sector (wholesale and retail trade, catering, tourism, logistics) that can lead to an increase in the quality of life of the population in a particular region, which is the stated goal of socio-economic development of the Russian Federation (RF). Conclusions. Creative industries play a significant role in the regional economy, which is due to their ability to generate creative product and stimulate economic activity. The results of the study showed that the key indicators for assessing the contribution of creative industries are the volume of creative product in the regional GRP, the share of employment in creative sectors and the proportion of creative organizations from the total number of enterprises in the region. The research contributes to the understanding of the mechanisms of creative industries’ influence on the socio-economic condition of a large Russian city, and provides a basis for the development of strategies to support and develop them","PeriodicalId":513263,"journal":{"name":"Economics and Management","volume":"39 11","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141663502","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}
D. Y. Desyatnichenko, L. G. Karanatova, V. N. Moskalenko
{"title":"Regional investment potential as a factor in achieving technological sovereignty in key sectors of the Russian economy","authors":"D. Y. Desyatnichenko, L. G. Karanatova, V. N. Moskalenko","doi":"10.35854/1998-1627-2024-5-528-539","DOIUrl":"https://doi.org/10.35854/1998-1627-2024-5-528-539","url":null,"abstract":"Aim. To develop a model of interrelation of factors and tools for increasing the region’s investment potential, aimed at accelerating the processes of achieving technological sovereignty in key sectors of the Russian economy by increasing the efficiency of regional investment policy on its basis.Objectives. To study the main approaches to understanding the essence and role of technological sovereignty; to group the key factors and tools for managing the region’s investment potential, to give their generalizing characteristic; to develop an algorithmic model of the relationship between factors and tools for increasing the region’s investment potential; to identify the main discussion aspects in understanding the essence and objectives of managing the level of investment potential of the region and technological sovereignty of the national economy.Methods. The principles and approaches of general scientific methods of scientific cognition: historical, logical, comparison, dialectical, system approach, structural-functional analysis, qualitative analysis and synthesis served as the methodological basis of the research.Results. Purposeful management of factors of the region’s investment potential allows to use its objective and potential advantages as an object of investment investments more effectively. In this regard, it seems reasonable to use a complex algorithmic model of interrelation of factors and tools to increase the investment potential of the region. The model proposed by the authors includes three groups of factors and related tools for the analysis of investment potential, as well as a block of generalizing tools for its comprehensive development. Technological sovereignty in modern conditions to a greater extent acquires the role of an effective protective mechanism of national identity and subjectivity for the states facing the problems generated by the external environment. The task of ensuring technological sovereignty today is a rational response to the rapidly changing world order, in which opportunities for free trade and international cooperation are no longer guaranteed in equal proportions to the countries concerned, which becomes a significant factor in their global vulnerability; it is an opportunity for more active development of national scientific and production potential, which will contribute to a relative equalization of the existing imbalances in the levels of technological development with the international community; is the first priority need to take into account long-term systemic effects, rather than current economic benefits, when making decisions on the conscious rejection or priority development of certain competencies, technological niches, types of production at the national and regional levels.Conclusions. High dynamism due to fierce competition in the technological sphere requires from federal and regional government bodies systematic systematic work aimed at ensuring a high level of investment attractiven","PeriodicalId":513263,"journal":{"name":"Economics and Management","volume":"105 31","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141666253","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}