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PECULIARITIES OF HUMAN RESOURCE MANAGEMENT IN MULTINATIONAL COMPANIES 跨国公司人力资源管理的特殊性
Innovative economics and management Pub Date : 2024-07-19 DOI: 10.46361/2449-2604.11.2.2024.185-201
Davit Katamadze, Indira Davitadze
{"title":"PECULIARITIES OF HUMAN RESOURCE MANAGEMENT IN MULTINATIONAL COMPANIES","authors":"Davit Katamadze, Indira Davitadze","doi":"10.46361/2449-2604.11.2.2024.185-201","DOIUrl":"https://doi.org/10.46361/2449-2604.11.2.2024.185-201","url":null,"abstract":"Davit Katamadze \u0000E-mail: qatamadze.davit@bsu.edu.ge \u0000Associate Professor, Batumi Shota Rustaveli State University \u0000Batumi, Georgia \u0000https://orcid.org/0000-0003-2992-9326 \u0000  \u0000Indira Davitadze \u0000E-mail: idavitadze91@gmail.com \u0000PhD student, Batumi Shota Rustaveli State University \u0000Batumi, Georgia \u0000https://orcid.org/0000-0002-6506-5273 \u0000  \u0000Abstract: Human resource management in modern multinational companies is characterized by certain difficulties, because such companies employ people of different nationalities, religions, cultures, different mentality and ethics, who prefer different forms of communication and management. The desire to manage with a different approach to organizational structure, culture and strategy creates problems in the management of human resources of multinational companies, these problems need proper research and solutions. \u0000The purpose of the study is to determine the challenges in the field of human resources management by multinational companies, to fairly evaluate the activities of expatriates and managers working in foreign companies and to protect their rights. \u0000Methods of data collection and observation were used in the development of the paper. The data collection method is mainly used to evaluate the human resources activities of multinational companies, and the observation method is used to identify the challenges and potential in the activities of expatriates, based on which the ways to solve the challenges in the field of human resources management of multinational companies were determined. \u0000As a result of the research, the factors affecting the management of human resources in multinational companies were identified, the elimination of which will help to increase the competitiveness of multinational companies and raise the level of qualification of the personnel employed in them. In order to eliminate the problems arising during the management of human resources in modern multinational companies, we have developed recommendations, the consideration of which significantly improves the process of human resources management in multinational companies.     \u0000Keywords: Human resources management, multinational companies, expatriates, performance evaluation of managers.      \u0000 JEL classification: J53, J6, F22, F23","PeriodicalId":515952,"journal":{"name":"Innovative economics and management","volume":" 22","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141822988","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}
引用次数: 0
STUDY OF THE ANXIETY LEVEL OF PARENTS OF CHILDREN WITH DEVELOPMENTAL DISORDERS AND COMMUNICATIVE ASPECTS OF PSYCHOEDUCATION 研究发育障碍儿童家长的焦虑程度和心理教育的沟通问题
Innovative economics and management Pub Date : 2024-07-19 DOI: 10.46361/2449-2604.11.2.2024.159-169
Guranda Shamilishvili, Ketevan Doborjginidze
{"title":"STUDY OF THE ANXIETY LEVEL OF PARENTS OF CHILDREN WITH DEVELOPMENTAL DISORDERS AND COMMUNICATIVE ASPECTS OF PSYCHOEDUCATION","authors":"Guranda Shamilishvili, Ketevan Doborjginidze","doi":"10.46361/2449-2604.11.2.2024.159-169","DOIUrl":"https://doi.org/10.46361/2449-2604.11.2.2024.159-169","url":null,"abstract":"Guranda Shamilishvili \u0000E-mail: guranda.shamilishvili@bsu.edu.ge \u0000Assistant Professor, Batumi Shota Rustaveli State University \u0000Georgia, Batumi \u0000https://orcid.org/0000-0003-3343-4166 \u0000  \u0000Ketevan Doborjginidze \u0000E-mail: ketidobora@gmail.com \u0000Psychologist, Master in Clinical Psychology Batumi Shota Rustaveli State University \u0000Georgia, Batumi \u0000https://orcid.org/0009-0005-9353-4283 \u0000  \u0000Abstract. Caring for children with developmental disorders is an important task in the field of psychology in the modern world. A number of studies have been carried out in this direction, various therapeutic interventions have been introduced to help improve the quality of life of children with developmental disorders. In Georgia, children under 7 years of age with developmental disorders have the opportunity to benefit from early intervention services. Such a service involves a process mediated by the parent/legal representative, and accordingly parents are the area of interest of specialists working in this field. Contemporary approaches to intervention for children with mental developmental disorders include parent-mediated interventions, which in turn include the need for parental psychoeducation. Research in modern Psychology shows that psychoeducation significantly reduces stress levels in parents. \u0000Psychoeducation of parents is mainly aimed at reducing the stress index and anxiety level in parents. Stress is the human body’s reaction to the extreme impact of any factors. Stress is an integral part of parenthood and it manifests itself already from pregnancy. \u0000The purpose of the present research was to study the level of anxiety of parents of children with developmental disorders. Objectives of the study: to find out if there is a difference between the level of anxiety of parents of children with typical development and the one of parents of children with developmental disorders; to define what issues concern parents of children with developmental disorders most. The hypothesis of the study have been as follows: parents of children with developmental disorders have higher levels of parental anxiety than parents of children with typical development. \u0000Based on the results of the studies, it can be said that parents who have children with developmental disorders face various difficulties more often than parents of children with typical development, and are at risk of decreased quality of life. Parents of children with developmental disorders express less satisfaction with life, health, family, and friends, in contrast to parents of children with typical development, and more often witness negative events than parents of children with typical development. \u0000               It is relevant to study the level of anxiety of parents of children with developmental disorders, since the level of parental anxiety significantly affects the child’s psyche and his state. It is also worth noting that modern child rehabilitation/habilitation programs rely entirely on working with pa","PeriodicalId":515952,"journal":{"name":"Innovative economics and management","volume":" 1255","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141822832","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}
引用次数: 0
THE ROLE OF SOCIAL MEDIA-ADVERTISING IN THE DEVELOPMENT OF GEORGIAN COMPANIES 社交媒体广告在格鲁吉亚公司发展中的作用
Innovative economics and management Pub Date : 2024-07-18 DOI: 10.46361/2449-2604.11.2.2024.170-184
Guliko Katamadze
{"title":"THE ROLE OF SOCIAL MEDIA-ADVERTISING IN THE DEVELOPMENT OF GEORGIAN COMPANIES","authors":"Guliko Katamadze","doi":"10.46361/2449-2604.11.2.2024.170-184","DOIUrl":"https://doi.org/10.46361/2449-2604.11.2.2024.170-184","url":null,"abstract":"Guliko Katamadze \u0000E-mail: qatamadze.guliko@bsu.edu.ge \u0000Associated Professor, Batumi Shota Rustaveli State University \u0000Batumi, Georgia \u0000https://orcid.org/0000-0002-5198-3890 \u0000  \u0000Abstract . The use of social media advertising as a means of marketing communication is gaining strategic importance for companies operating in Georgia. Social media-advertising research is all the more relevant for those firms that are trying to deliver a marketing \"message\" to a wide audience with minimal costs and brand positioning in the market. The relevance of the problem is determined by the fact that the influence of social media advertising on the development of Georgian companies, their branding process and the effectiveness of the returns received from the investment of their marketing activities has not been properly studied. \u0000The purpose of the research is to develop the best mechanism for using social media advertising for companies operating in Georgia, to determine the most favorable form for use as a marketing communication tool based on user behavior. \u0000Methods of data collection and observation were used to develop the paper. We used the collection method to assess the possibility of using social media advertising by companies operating in Georgia, and the observation method - to determine the potential of their social media space, based on which the possibilities of increasing the effectiveness of companies through social media advertising were identified. \u0000As a result of the research, it is clear that Georgian companies use social media advertising to improve their brand, to attract a new target audience. Social media advertising has a strategic importance in increasing the effectiveness of companies operating in Georgia at all stages of their operation. Accordingly, we can refer to the complex combination of traditional and electronic businesses as a result of using social media advertising, which will help to increase the marketing efforts of companies operating in Georgia and, as a result, their competitiveness and operational efficiency. \u0000                                 \u0000Keywords: Social media-advertising, marketing effectiveness, social media-space, business. \u0000  \u0000 JEL classification: M31, M37","PeriodicalId":515952,"journal":{"name":"Innovative economics and management","volume":" 14","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141825370","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}
引用次数: 0
STUDY OF DEGREE OF CONFORMITY IN STUDENTS OF DIFFERENT SPECIALTIES 研究不同专业学生的符合程度
Innovative economics and management Pub Date : 2024-07-17 DOI: 10.46361/2449-2604.11.2.2024.109-119
Rusudan Ketchakmadze, Lia Metreveli, Shorena Meskhidze, Milena Tavdgiridze
{"title":"STUDY OF DEGREE OF CONFORMITY IN STUDENTS OF DIFFERENT SPECIALTIES","authors":"Rusudan Ketchakmadze, Lia Metreveli, Shorena Meskhidze, Milena Tavdgiridze","doi":"10.46361/2449-2604.11.2.2024.109-119","DOIUrl":"https://doi.org/10.46361/2449-2604.11.2.2024.109-119","url":null,"abstract":"Rusudan Ketchakmadze \u0000E-mail: r.kechakmadze@bsu.edu.ge \u0000Associate Professor, Batumi Shota Rustaveli State University \u0000Georgia, Batumi \u0000https://orcid.org/0000-0003-1046-7264 \u0000  \u0000Lia Metreveli \u0000E-mail: metreveli.lia@mail.ru \u0000Professor, Georgian Technical University \u0000Tbilisi, Georgia \u0000https://orcid.org/0000-0003-4392-728X \u0000  \u0000Shorena Meskhidze \u0000E-mail: shorena.meskhidze@bsu.edu.ge \u0000Assistant, Batumi Shota Rustaveli State University \u0000Georgia, Batumi \u0000https://orcid.org/0000-0001-9801-5347 \u0000  \u0000Milena Tavdgiridze \u0000E-mail: milena.tavdgiridze.178@gmail.com \u0000Third year student of psychology, Batumi Shota Rustaveli State University \u0000Georgia, Batumi \u0000https://orcid.org/0009-0004-1975-431X \u0000  \u0000Abstract. A person is a being influenced by the environment, and the study of conformism assists us to find out what kind of influence the social environment can have on an individual and by what mechanisms serve social influences. \u0000The purpose of our research is to determine how the nature of the social group affects the degree of conformity, and this was influenced by comparing the level of conformity between different professions. Conformism has a significant impact on a whole society, such as small groups within it. With this research, we were able to differentiate how the degree of conformity poles apart in these small groups. \u0000For our study we selected students of Batumi Shota Rustaveli State University, 10-10 from each of 15 professions: Psychology, Business Administration, Georgian Philology, Law, Economics, Medicine, Pedagogy, Mathematics, English Philology, Architecture, Computer Sciences, History, Tourism, Engineering, International Relations.  Age: 18, 19, 20, 21, 21 and up. 150 respondents were used in the research, from them – 75 female, 75 male. As an example of research, we took Mehrabian's and Steph's conformity scale. In order to maintain reliability we used the quantitative method, we covered the purpose of the research before conducting it, and introduced it immediately after conducting it. According to these standards we completely secured every norm of ethic codex. The conducted research proved that each group differs in the degree of conformity. \u0000  \u0000Key words: conformity, social relationship, social group, difference between professions \u0000JEL classification: Y800","PeriodicalId":515952,"journal":{"name":"Innovative economics and management","volume":" 8","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141829011","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}
引用次数: 0
CONTEMPORARY STATISTICAL TRENDS OF FOREIGN TRADE BY SEA TRANSPORT BY COUNTRY GROUPS 按国家组划分的当代海上运输外贸统计趋势
Innovative economics and management Pub Date : 2024-07-17 DOI: 10.46361/2449-2604.11.2.2024.86-100
N. Abesadze, Otar Abesadze, Nino Paresashvili, N. Robitashvili
{"title":"CONTEMPORARY STATISTICAL TRENDS OF FOREIGN TRADE BY SEA TRANSPORT BY COUNTRY GROUPS","authors":"N. Abesadze, Otar Abesadze, Nino Paresashvili, N. Robitashvili","doi":"10.46361/2449-2604.11.2.2024.86-100","DOIUrl":"https://doi.org/10.46361/2449-2604.11.2.2024.86-100","url":null,"abstract":"Nino Abesadze \u0000E-mail: nino.abesadze@tsu.ge \u0000Associate Professor, Ivane Javakhishvili Tbilisis State University \u0000Tbilisi, Georgia \u0000https://orcid.org/0000-0002-6564-2771 \u0000  \u0000Otar Abesadze \u0000E-mail: o.abesadze@gmail.com \u0000Associate Professor, Georgian National University SEU \u0000Tbilisi, Georgia \u0000https://orcid.org/0000-0003-1644-4995 \u0000  \u0000Nino Paresashvili \u0000E-mail: nino.paresashvili@tsu.ge \u0000Associate Professor, Ivane Javakhishvili Tbilisis State university \u0000Tbilisi, Georgia \u0000https://orcid.org/0000-0001-7645-6491 \u0000  \u0000Natalia Robitashvili \u0000E-mail: nato.robitashvili@bsu.edu.ge \u0000Associate Professor, Batumi Shota Rustaveli State University \u0000Batumi, Georgia \u0000https://orcid.org/0000-0001-7645-6491 \u0000  \u0000Abstract. At the modern stage of economic development, under the conditions of deepening globalization, the use of correct logistics is becoming more and more relevant, which plays an important role in the development of trade relations between countries and ensuring correct fragmentation of the economy. \u0000Today, the situation is such that the presence of certain threats in sea transportation determines the high risk of the possibility of an increase in transportation prices, which is why its influence on price volatility is quite strong. Based on the current situation, the research of maritime logistics issues is becoming more and more relevant in this regard, because the analysis of quantitative indicators of shipments, determination of risk expectations, detection of trends, identification of problems, etc. is an indicator of increasing the effectiveness of maritime logistics. This issue becomes even more important when the issue concerns the activation of trade relations with groups of different countries of the world by sea transport. This process is actively taking place in Georgia today, which is a prerequisite for diversification of transportation by different types of transport and increasing its intensity in the future, and there are signs of this in the country.   As of today, the geographical area of trade relations of Georgia in terms of types of transport is wide, although the quantitative characteristics of foreign trade are differentiated according to individual countries and groups of countries. \u0000The main goal of the paper was to identify and analyze the statistical trends of Georgia's foreign trade relations with EU, CIS, BSEC, OECD, GUAM, and EFTA countries. \u0000During the stages of statistical research, the methods of statistical observation, gathering-grouping, and analysis are used in the research process. Therefore, the article discusses studies and analyzes the dynamics of foreign trade relations of Georgia with EU, CIS, BSEC, OECD, GUAM, and EFTA countries groups by sea transport. The main statistical indicators of foreign trade turnover, export-import, local export re-export, and the characteristics of the commodity structure are analyzed according to all indicators. The main statistical trends of foreign trade with non-specified country group","PeriodicalId":515952,"journal":{"name":"Innovative economics and management","volume":" 38","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141830001","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}
引用次数: 0
CHALLENGES OF BUSINESS MANAGEMENT TRANSFORMATION IN THE DIGITAL ECONOMY 数字经济时代企业管理转型的挑战
Innovative economics and management Pub Date : 2024-07-17 DOI: 10.46361/2449-2604.11.2.2024.143-158
Davit Katamadze
{"title":"CHALLENGES OF BUSINESS MANAGEMENT TRANSFORMATION IN THE DIGITAL ECONOMY","authors":"Davit Katamadze","doi":"10.46361/2449-2604.11.2.2024.143-158","DOIUrl":"https://doi.org/10.46361/2449-2604.11.2.2024.143-158","url":null,"abstract":"Davit Katamadze \u0000E-mail: qatamadze.davit@bsu.edu.ge \u0000Associated Professor,Batumi Shota Rustaveli state University \u0000Batumi, Georgia \u0000https://orcid.org/0000-0003-2992-9326 \u0000  \u0000Abstract: In the conditions of globalization and globalization of the modern world economy, rapid changes in consumer tastes, business management environment, acceleration of digital transformation have brought revolutionary changes in the business activities of companies. New forms of digital interaction and information exchange pose various challenges to businesses and push them to adopt digital solutions. The ongoing hostilities between Russia and Ukraine in the Middle East and the resulting economic uncertainty have prompted companies to radically review the value chain in their business strategy. \u0000The purpose of the research is to determine the challenges in the transformation of business management in the conditions of digital business in order to avoid delays in the creation of the value chain of the business strategy of Georgian firms and to meet the rapidly changing needs of consumers. \u0000In the paper, the methods of gathering, grouping, analysis and synthesis of materials were used to reveal the problems of digital transformation of modern business management. The method of gathering materials was used to evaluate the possibility of transformation of business management, and the method of observation was used to reveal the potential of digital transformation of business management. On the basis of which the potential of digital transformation of business management was identified and the possibilities of its implementation were analyzed. \u0000As a result of the research, the factors hindering the digital transformation of business management were identified, the elimination of which will contribute to increasing the competitiveness of the companies operating in Georgia and raising the qualification level of the personnel employed in them. \u0000In order to eliminate the problems arising during the digital transformation of modern business management, we have developed recommendations, the consideration of which will significantly increase the level of competitiveness and management of companies operating in modern Georgia.. \u0000  \u0000Keywords: Business management, digitization, business-wide transformation, creating more value in new business.       \u0000  \u0000JEL classification: M11: M15: IT, M2","PeriodicalId":515952,"journal":{"name":"Innovative economics and management","volume":" 18","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141828027","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}
引用次数: 0
INNOVATIVE APPROACHES TO SUSTAINABLE BUSINESS DEVELOPMENT IN THE ERA OF DIGITAL TRANSFORMATION 数字化转型时代企业可持续发展的创新方法
Innovative economics and management Pub Date : 2024-07-17 DOI: 10.46361/2449-2604.11.2.2024.101-108
Raya Karlibaeva, Rustam Yakhshiboyev
{"title":"INNOVATIVE APPROACHES TO SUSTAINABLE BUSINESS DEVELOPMENT IN THE ERA OF DIGITAL TRANSFORMATION","authors":"Raya Karlibaeva, Rustam Yakhshiboyev","doi":"10.46361/2449-2604.11.2.2024.101-108","DOIUrl":"https://doi.org/10.46361/2449-2604.11.2.2024.101-108","url":null,"abstract":"Raya Karlibaeva \u0000E-mail: r.karlibaeva@tsue.uz \u0000Associate Professor,Tashkent State University of Economics \u0000Tashkent, Uzbekistan \u0000https://orcid.org/0000-0002-8492-9807 \u0000  \u0000Rustam Yakhshiboyev \u0000E-mail: r.yaxshiboyev@tsue.uz \u0000Senior lecturer, Tashkent State University of Economics \u0000Tashkent, Uzbekistan \u0000https://orcid.org/0000-0002-2733-9085 \u0000  \u0000Abstract: This article examines the process of digital transformation in business, highlighting key aspects such as strategy development, adoption of innovative solutions, and sustainable development. Success factors include adapting to rapid technological changes, investing in IT infrastructure, and developing employees' digital skills. Innovation is crucial for competitive advantage, enabling the creation of new products, improved processes, and enhanced efficiency through technologies like AI, big data, and IoT. \u0000   Sustainable development, an integral part of digital transformation, involves economic efficiency, social responsibility, and environmental sustainability. This includes using eco-friendly technologies, reducing carbon footprints, and managing resources responsibly. \u0000   The analysis emphasizes that successful digital transformation requires a comprehensive approach, including technological adaptation, robust IT infrastructure, employee skill development, and a culture of innovation. Sustainable practices also play a pivotal role, ensuring long-term success and contributing to a more sustainable and inclusive digital economy. \u0000  \u0000Keywords: digital transformation, business strategies, innovation, sustainable development, technological changes, IT infrastructure, competitive advantages, digital skills. \u0000  \u0000JEL classification: O3","PeriodicalId":515952,"journal":{"name":"Innovative economics and management","volume":" 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141831052","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}
引用次数: 0
BANKING SUPERVISION THROUGH SUPTECH 通过超级技术进行银行监管
Innovative economics and management Pub Date : 2024-07-17 DOI: 10.46361/2449-2604.11.2.2024.74-85
Victor Ababii
{"title":"BANKING SUPERVISION THROUGH SUPTECH","authors":"Victor Ababii","doi":"10.46361/2449-2604.11.2.2024.74-85","DOIUrl":"https://doi.org/10.46361/2449-2604.11.2.2024.74-85","url":null,"abstract":"Victor Ababii \u0000E-mail: ababii.victor@gmail.com \u0000PhD student, Academy of Economic Studies of Moldova Head of Division, Reporting and Statistics Department, National Bank of Moldova \u0000Chișinău, Republic of Moldova \u0000https://orcid.org/0009-0008-9573-0204 \u0000  \u0000Abstract: The banking system requires continuous development to enhance stability and integrity of the financial sector by implementing the latest technological tools. Maintaining a sustainable financial system, resilient to the shocks generated by the digital age and able to adapt and prevent emerging cyber risks remains a priority for supervisory institutions, in response to financial supervision and risk management framework through leveraging state-of-the-art technology for better governance and control. SupTech's primary objective is to promote inclusion in the financial sector by focusing on governance management and digital financing. It`s goal is to support the development of an inclusive financial system built on a robust digital infrastructure that enhances efficiency, transparency, and resilience. As technological innovations advance, financial services have to evolve, requiring financial institutions to adapt their surveillance technologies (SupTech) to safeguard citizen interests. Establishing both normative and technical SupTech frameworks helps supervisory authorities to eliminate gaps in internal processes, streamline workflows, fortify risk management, protect consumers, and maintain financial system stability amid ongoing market changes. Implementing a SupTech framework involves several stages: diagnosing the institution's current state, defining the purpose, vision, and objectives of SupTech, identifying key drivers and adaptive capabilities, evaluating necessary actions, and detailing steps for successful implementation. \u0000A thorough diagnosis of the supervisory institution involves IT solutions that facilitate continuous bank monitoring and offsite supervision. This diagnostic analysis includes: \u0000(1) Data products – identifying the position and trends to reach the level of AI-augment business intelligence tools; \u0000(2) Analytics – aiming to implement analytics tools perspectives; \u0000(3) Access controls - with the position on the agency - wide access; \u0000(4) Storage – oriented towards the use target of big data tools; \u0000(5) Validation and processing – aiming at the use of advanced data processing; \u0000(6) Collection – using the latest AI-based collection trends or alternative data sources.   \u0000Configuring the SupTech framework involves transforming vulnerabilities into opportunities. For example, automating data flows can address deficiencies in manual data handling, risk assessment, and report generation. Implementing a data warehouse can solve challenges related to data consolidation, multiple analysis tools, system integration complexity, and data correlation. \u0000SupTech aims to provide supervisory authorities with reliable, high-quality data, aligning with best practices in governance an","PeriodicalId":515952,"journal":{"name":"Innovative economics and management","volume":" 20","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141831430","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}
引用次数: 0
ECONOMICS AND CHILDREN 经济与儿童
Innovative economics and management Pub Date : 2024-07-17 DOI: 10.46361/2449-2604.11.2.2024.61-73
Giorgi Katamadze, L. Tavdgiridze, Maia Bolkvadze
{"title":"ECONOMICS AND CHILDREN","authors":"Giorgi Katamadze, L. Tavdgiridze, Maia Bolkvadze","doi":"10.46361/2449-2604.11.2.2024.61-73","DOIUrl":"https://doi.org/10.46361/2449-2604.11.2.2024.61-73","url":null,"abstract":"Giorgi Katamadze \u0000E-mail: giorgi.katamadze@bsu.edu.ge \u0000Assistant professor, Batumi Shota Rustaveli State University \u0000Batumi, Georgia \u0000https://orcid.org/0000-0002-2602-6861 \u0000  \u0000Lela Tavdgiridze \u0000E-mail: lela.tavdgiridze@bsu.edu.ge \u0000Professor, Batumi Shota Rustaveli State University \u0000Batumi, Georgia \u0000https://orcid.org/0000-0001-8108-8718 \u0000  \u0000Maia Bolkvadze \u0000E-mail: maia.bokvadze@bsu.edu.ge \u0000Doctor of Philology, Batumi Shota Rustaveli State University \u0000Batumi, Georgia \u0000https://orcid.org/0000-0002-4041-5871 \u0000  \u0000Abstract. Economic awareness is the primary foundation for the human factor’s participation in the rapid and irreversible processes of the modern world, which should be formed from the very early childhood education. Economic awareness and interest in connected topics began to emerge around the time that the concepts of \"economic awareness,\" \"economic culture,\" \"economic education,\" and so on were first introduced into scientific literature. \u0000According to the hypothesis of this study, children can develop economic awareness through the use of children's literature, including fairy tales. \u0000In general, the following three components are especially essential when considering the development of economic consciousness among children: Determination of the appropriate age of children; Identification of educational resources; Development of the methodology for forming economic awareness. \u0000In this study the theoretical framework for the research was developed based on Georgian and foreign scientific literature, as well as existing studies in the field of education; the research object was defined; and a mixed methodology of socioeconomic and humanities research was used to analyze the fairy tales and reach conclusions relevant to the research objectives. \u0000The work is based on research conducted in private and public kindergartens across Georgia, with both educators and children participating. Furthermore, interviews with early education experts at several Georgian higher education institutions were conducted and the research findings provided. \u0000Keywords: economics, children, formation of economic awareness, early childhood education, fairytales \u0000JEL Classification: A20; A21; I25; I26; P4;","PeriodicalId":515952,"journal":{"name":"Innovative economics and management","volume":" 11","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141830095","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}
引用次数: 0
FORMATION OF EFFECTIVE BUSINESS ENVIRONMENT IN GEORGIA WITH THE ASSISTANCE OF 在教科文组织的协助下在格鲁吉亚形成有效的商业环境
Innovative economics and management Pub Date : 2024-07-17 DOI: 10.46361/2449-2604.11.2.2024.120-132
Besik Kvachantiradze
{"title":"FORMATION OF EFFECTIVE BUSINESS ENVIRONMENT IN GEORGIA WITH THE ASSISTANCE OF","authors":"Besik Kvachantiradze","doi":"10.46361/2449-2604.11.2.2024.120-132","DOIUrl":"https://doi.org/10.46361/2449-2604.11.2.2024.120-132","url":null,"abstract":"Besik Kvachantiradze \u0000E-mail: b.kvatchantiradze@gmail.com \u0000PhD Students,Batumi Shota Rustaveli state University \u0000Batumi, Georgia \u0000https://orcid.org/0000-0003-2833-1007 \u0000  \u0000Abstract: The article discusses the stages of formation of the business environment of Georgia and the ways of its improvement with the cooperation of the European Union. Strengthening relations with the European Union has been the main goal of Georgia's foreign policy for years. Small and medium-sized enterprises, which are the basis of the successful development of the European Union, in recent decade have been operating in close collaboration with large businesses. Therefore, in our opinion, it is interesting to analyze the ratio of large, medium and small enterprises in the European Union. Since Georgia has taken the direction to European development, a number of reforms have been implemented in the country to encourage small and medium-sized businesses, which in turn has a possitive effect on the development of the country's overall economy. In addition to the state support for small businesses in the European Union, all member states have their own national system for stimulating the development of small businesses, the purpose of which is to create an economic climate that will contribute to the creation of economic conditions and normal functioning. This, in the first place, includes the creation of national institutions and the organization of financial assistance, training system for enterprise manager and entrepreneurs who want to start independent activities. Under taking European experience and mechanisms into consideration, a number of projects were implemented in Georgia, which contributed to the expansion and development of Georgian small and medium-sized businesses, in addition, retraining of the Georgian workforce and adjusting working conditions to European standards. Moreover, Georgia can greatly accelerate its economic development, strengthen its competitiveness and achieve its goals - through sustainable growth and job creation. Cooperation with the European Union offers Georgia great opportunities for learning, innovation and integration into the global economy. The article offers recommendations and suggestions that focus on creating closer relations with the European Union and attracting more foreign investment, which will ensure the economic prosperity of the country. \u0000  \u0000Keywords: Business environment, small and medium business, cooperation with the European Union. \u0000  \u0000JEL classification: O1, G2, E4","PeriodicalId":515952,"journal":{"name":"Innovative economics and management","volume":" 7","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141828307","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}
引用次数: 0
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