Management Theory and Studies for Rural Business and Infrastructure Development

FOOD SECURITY IN THE BALTIC STATES

Valdemaras Makutėnas — 2024-03-30

The article analyses food security in the Baltic States and identifies the main factors that determine it. The aim is to assess the level and differences in food security in the Baltic States. In order to assess the impact of food security factors in the Baltic States, a research methodology has been developed that includes a system of indicators at both national and regional levels. Food prices and income have been found to have the greatest impact on food security, especially for the poor. The results of the research can be used in investigating the problem of ensuring food security in the countries of the European Union and in preparing scientific studies on issues of ensuring food security.

TOOLS OF THE STATE BUSINESS SUPPORT IN THE CONTEXT OF SUSTAINABLE DEVELOPMENT

Grygoriy Starchenko — 2024-03-30

The meta-statistics cover the following main aspects of the government's policy of promoting entrepreneurship and other related instruments in the current economic development context. The need to take digitalization processes into account when developing areas of entrepreneurship support is substantiated. The prospects and threats of sustainable development of the business sector are highlighted. The main components of the sustainability of the business structure functioning have been determined. The main stages of the formation of the state business support policy were studied. It is substantiated that the current realities of the digital economy formation form new requirements for operating conditions and ensuring sustainable development, including through the implementation of digital transformations in all aspects of the business processes functioning. An instrumental basis for the state policy implementation of entrepreneurship support in the sustainable development context has been formed. The introduction of a system for monitoring the business entities’ functioning on the basis of sustainable development is proposed.

INNOVATIVE DEVELOPMENT OF ECONOMIC SYSTEMS IN THE DIGITALIZATION CONDITIONS

Olena Yushkevych — 2024-03-30

The purpose of the study is to substantiate the directions of activation of the innovative development of economic systems in the digitalization conditions. The methodological basis of the research is the systematic approach, which makes it possible to determine the effectiveness of the functioning of the innovation system in the digitalization conditionsas a quantity qualitatively and quantitatively greater than the effectiveness of the sum of its components, to investigate the interrelationships of the system elements and the possibilities of its development, taking into account changes in the external environment. The principles of innovative development of economic systems in conditions of digitalization are highlighted, which include adaptability, creativity and digital transformation. It has been proven that the majority of innovative processes use non-linear methods of innovative development due to the formation of network systems, the development of new global markets and the use of digital technologies. The general factors restraining the innovative development of economic systems in the digitalization conditions are singled out. The need for the formation of an innovative system based on the principles of digitalization and the main approaches to its formation, which adhere to the principles of its development, are substantiated.

APPLICATION OF CIRCULAR ECONOMY PRINCIPLES IN THE TOURISM SECTOR

Ilona Kiaušienė — 2024-03-30

In order to implement a closed-loop system, which leads to a more responsible and efficient management of resources, the traditional principle of “take, use, throw away” has been gradually replaced by more sustainable circular economy principles in recent years. However, even if it is recognised that resources are limited and that the linear model is no longer viable, the tourism industry as a whole has not shown a clear and decisive shift towards a more circular tourism model. And it is circular economy solutions and circular economy principles applied in the tourism sector that would allow changing trends and reduce the use of natural resources, waste, and CO₂ emissions. The aim of the research is to investigate the peculiarities of the application of circular economy principles in the tourism sector. The research was carried out in 12 establishments in the tourism sector using the qualitative research method of interviews. During the research, it was found that the “Reduce-Repeat-Recycle” (3R) principle is mostly applied in establishments providing hospitality and accommodation services based on the principles of the circular economy. The principles of the circular economy are applied in order to promote sustainability, solve environmental problems, optimize the use of resources, and reduce waste. However, despite the obvious benefits of circular economy practices, establishments also face challenges in their implementation.

ORGANIZATIONAL MANAGEMENT CHANGE IN HEIs: PERCEPTIONS OF ACADEMIC STAFF

Jevgenija Dehtjare — 2024-03-30

The relevance of the research is ensured by the need to increase business and academic effectiveness in line with Sustainable Development Goal 8, which includes aspects of productive employment for all, higher education institutions should introduce new forms of running organisational management operations.

The problem of the research lies in rising need in changing organisational management approach in HEIs, however the perception of the academic staff must be heard and survey results applied.

The purpose of this research was to identify the perceptions of academic staff on pending higher education transformation to yield recommendations for organizational management changes in higher education.

The research methods - quantitative research design was used to collect data in a survey of academic staff.

The main results of this pilot study reveal the necessity to adapt existing academic staff competences to the changing needs of organisational management process modernization in the higher education.

COMPLIANCE OF LOCAL DEVELOPMENT STRATEGIES WITH THE LEADER PROGRAMME: THE CASE OF THE KELME REGION LOCAL ACTION GROUP

Vilma Atkočiūnienė — 2024-03-30

A Local Action Group (LAG) is an association aiming to implement the LEADER rural development policy programme, to create and develop partnerships and to make a significant contribution to the management of rural development. LAGs draw up local development strategies for the territory they represent, which are implemented by rural community and business organisations and local authorities in cooperation with the social partners. LAGs bring together the economic and social partners operating in an area, involve the local population in decision-making processes and provide advice.

The paper aims to answer the question: how is the essence of LEADER programme fulfilled - creating links between the rural economy and development actions. The research problem is investigated using the methods of scientific literature analysis, analysis of strategic and political documents, systematisation, case studies and other methods. The study found that the strategies were developed taking into account the existing characteristics of the area and the expectations of the population, and involved the involvement of key stakeholders: municipal and district staff, representatives of business and rural communities, and invited consultants. The strategies have been developed in line with LEADER principles, the local development strategies have an integrated approach. It integrates the activities of different sectors, the whole project or specific groups, and strengthens the links between key economic, social, cultural and environmental actors and sectors.

THE IMPACT OF DIGITAL TRANSFORMATION ON THE INNOVATIVE DEVELOPMENT OF ECONOMIC SYSTEMS

Tetiana Obydiennova — 2024-03-30

Taking into account the fact that in the current world, digital technologies are becoming drivers of innovations that affect the economic environment, contributing to the solution of complex problems and the emergence of new opportunities for differentiation, the impact of digital transformation on the innovative development of economic systems is a relevant research. The purpose of the article is to study the impact of digitalization on the innovative development of economic systems in modern conditions, which made it possible to identify the directions of efforts to ensure the innovative development of economic systems in the digitalization conditions. In order to identify the impact of digital transformation on the innovative development of economic systems, this study chose a methodological basis in the form of a systemic approach, which makes it possible to simultaneously take into account general scientific, general economic and applied aspects of the impact of digital transformation on the innovative development of economic systems. The most common problems of innovative development of economic systems are singled out and it is substantiated that it is possible to eliminate their negative impact on innovative development due to the processes of digital transformation. Digitalization tools and their impact on the economic systems’ development are identified, including: cloud technologies, heterogeneous data analytics, artificial intelligence, digital platforms, robotics, virtual and augmented reality. The determinants of the innovative development of economic systems in the digitalization conditions are substantiated. The advantages of the impact of digitalization on the economic systems’ development have been proven. The directions of efforts to ensure the innovative development of economic systems in the digitalization conditions are outlined. The innovative development of economic systems in the digitalization conditions in the form of closed functional dependence is presented.

SYSTEM MODEL OF INCLUSIVE DEVELOPMENT MANAGEMENT OF RURAL-URBAN AGGLOMERATIONS OF UKRAINE

Oleksandr Pavlov — 2024-03-30

The reform of decentralization of public power and management, which was carried out in Ukraine by transferring power and resources from central authorities to the level of united territorial communities (UTCs) and districts, makes increased requirements for the management of the process of cohesion and development of these socio-spatial formations on the basis of inclusiveness. Given this, the article substantiates the need to build system management an inclusive development of UTCs and districts identified as convergent type rural-urban agglomerations. The orientation of the redistribution of power and its consequences for the inclusivity of these agglomeration formations was found, the value of this phenomenon was revealed to overcome socio-spatial disproportions, determine the structure and measurements of system model management of inclusive development of these agglomerations. Theoretical generalizations and practical recommendations made according to the results of the study are distinguished by scientific novelty and are important for the post-war restoration of Ukraine.

FORMATION OF THE MANAGEMENT MECHANISM OF THE CORPORATE SOCIAL RESPONSIBILITY OF THE ENTERPRISE

Oksana Karpenko — 2024-03-30

The necessity and relevance of the formation of the corporate social responsibility (CSR) management mechanism of the enterprise is caused by the loss of stability of economic development due to the pandemic, the deepening of the asymmetry of socio-economic development between territories, the aggravation of competitive relations in the market, the weakening of socio-cultural and moral and ethical principles in the business sector activities, the aggravation of environmental problems, etc. The purpose of the research is to justify the principles of the formation of the management mechanism of the CSR of the enterprise in the conditions of sustainable development. It is proved that the formation of the management mechanism of the CSR requires the observance of certain specific principles supplemented by their functionalities. The functions (planning, organization, motivation, regulation and control) and methods (administrative, social, psychological) of the CSR management mechanism of the enterprise are singled out. The groups of indicators for evaluating the effectiveness of the implementation of the CSR management mechanism of the enterprise in relation to employees, environmental protection and the market are substantiated. A management mechanism of the CSR of the enterprise has been developed.

EVALUATING THE CAPACITY OF THE DOMESTIC FOOD MARKET IN UKRAINE IN THE PRE-WAR PERIOD

Nazariy Popadynets — 2024-03-30

The article examines the peculiarities of the development and realization of the capacity of the domestic consumer market by identifying its structural components. It defines the key trends in the development of the domestic market capacity in 2015 - 2021, including the annual increase in the expenses of trade enterprises on logistics for the growing volume of sales; the growing share of inventories in wholesale and retail trade, which confirms the inefficiency of the policy of market infrastructure development; unstable dynamics of return on investments and innovations, increasing profitability of economic activities of manufacturing entities. The article aims to evaluate the components (production, resources, consumption, and environment) of the capacity of the domestic food market in order to identify the strengths and weaknesses of the development and maintenance of its competitiveness. The evaluation of the realization of the domestic food market capacity by its components shows that the integral index of the consumer capacity is the highest, and it significantly increased in 2021 compared to 2015. Despite the fact that the consumption of consumer goods is growing, it cannot be interpreted as an exclusively positive phenomenon since the problem of property stratification of the society and the growing poverty of some segments of the population has never lost its relevance in Ukraine. The results of calculations of the weighted integral parameter show that the efficiency of management of the domestic market economic capacity in Ukraine was different in different studied periods. It emphasizes the necessity of public regulation of a number of market processes related to food products. The article identifies the positive growth of the integral parameter of efficiency of management of the domestic market economic capacity in Ukraine at the end of the studied period.

THE INFLUENCE OF THE US STOCK MARKET ON THE INSTITUTIONAL SECURITY STRATEGY OF THE MANAGEMENT OF INNOVATIVE DEVELOPMENT

Zinaida Zhyvko — 2024-03-30

The innovative development of the USA is a complex process and includes many industries and sectors of the economy. The stock market has an unbridled influence on innovation. The current institutional security strategy of innovation development management depends on how effective the stock market is. The article reveals the cyclical growth of the US stock market, the regularity of changes and interdependence of cycles, as well as a decrease in the duration of the corresponding cycles through the intensification of regulation by the US government.

The article considers a hypothesis about the accelerating growth of the US stock market. This hypothesis has a right to exist due to the emergence of significant growth factors in the relevant market in recent years. The list of these factors has been clarified. The study of the corresponding hypothesis was carried out by assessing the dynamics of the S & P500 stock index over a distance of 80 years.

It has been determined that stock market growth hypothesis is confirmed only at 40-year intervals. At shorter time intervals, the corresponding hypothesis has not been confirmed.

The conclusions obtained in the article and the proposed methodology for the analysis of the US stock market will be useful for the formation of a state policy strategy for increasing the institutional security of the country's innovative development management.

THE MECHANISM OF THE BRANDING DEVELOPMENT OF AGRARIAN REGIONS IN THE CONDITIONS OF THE EUROPEAN INTEGRATION

Serhiі Gazuda — 2024-03-30

The article is devoted to the formation of methodological provisions for the mechanism of the branding development of agrarian regions in the conditions of the European integration. The research is based on systemic and synergistic approaches. General scientific and special methods were used to achieve the outlined research goal, namely: method of structural and logical analysis, method of dynamic series and index, methods of induction and deduction, methods of system analysis and generalization, structuring method, method of system analysis, the method of abstraction and formalization, graphic method. By the branding of an agrarian region, the authors understand the long-term process of creating a brand of an agrarian region, based on a systematic approach, which involves forming and conveying to target groups the existing advantages of the region in the field of agro-industrial production through the formation of an attractive image. The goals of branding of agricultural regions are outlined. External and internal factors of influence on the development of the brand of agrarian regions have been studied. The mechanism for the branding development of agrarian regions is proposed.