• Title/Summary/Keyword: National Economic Development

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Efficiency Management of the Enterprises Activity Based on the Principles of Innovative Development

  • Chernoivanova, Hanna;Kozlova, Inna;Kryvobok, Kateryna;Nemashkalo, Karina;Yermolenko, Oleksii
    • International Journal of Computer Science & Network Security
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    • v.21 no.12
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    • pp.328-334
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    • 2021
  • The article examines the economic essence and approaches to determining the efficiency of the enterprise. The author in the study considers the effectiveness and from the standpoint of qualitative analysis of the effectiveness of change and implementation of enterprise development goals. It is established that the tool for ensuring qualitative impacts on the efficiency of the enterprise is the innovative development of the economic space of the enterprise. The article considers the dominant innovations that have influenced the means and methods of production. An organizational and economic mechanism has been recommended to coordinate the costs of innovation activities in order to ensure the efficiency of enterprises. The object of management in the organizational and economic mechanism is the innovation process in the enterprise: from the design of strategic goals of innovation, search and commercialization of innovations, to building and implementing innovation potential. The efficiency of the enterprise under the condition of realization of innovative potential will be characterized by steady competitive advantages and strategically-oriented behavior in the market.

The Economic Impacts of Pacific Ocean Deep-sea Manganese Nodule Development Project (태평양 심해저 망간단괴 개발사업의 경제적 파급효과)

  • Yoo, Seung-Hoon;Jeong, Dong-Won;Park, Se-Hun
    • Ocean and Polar Research
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    • v.32 no.4
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    • pp.489-499
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    • 2010
  • The securing of raw material is an important requirement for economic development. Many countries, including Korea, actively seek out a stable supply of minerals such as manganese. Manganese nodules are rock concretions on the sea bottom formed of concentric layers of iron and manganese hydroxides around a core and include several strategic minerals necessary for economic development. In particular, the manganese nodule development project (MNDP) plays an important role in the Korean national economy. This study attempts to apply input-output (I-O) analysis in investigating the economic impacts of the MNDP in the Korean national economy. A static I-O framework was employed, focusing on four topics in its application; the production-inducing impacts, the value-added-inducing impacts, the employment-inducing impacts and R&D-inducing impacts of MNDP investments on other sectors. To this end, several versions of the demand-driven models are utilized. In addition, inter-industry linkage analysis is performed to obtain information on the forward and backward linkage effects of industries, including MNDP, to quantify the strength of causation among these industries.

Knowledge Capital in Economic Growth: A Panel Analysis of 120 Countries

  • Lim, Dong-Geon;Jung, Jin Hwa
    • Asian Journal of Innovation and Policy
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    • v.6 no.1
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    • pp.94-110
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    • 2017
  • This paper approaches knowledge capital as social infrastructure and analyzes its impact on economic growth. To this end, we constructed a panel dataset for 120 countries for the years 2000-2014 and estimated the economic growth function using the panel analysis. As proxies for knowledge capital, we used the R&D expenditure per capita and the number of patent applications per thousand people in each country, both measured in stock. Economic growth was measured in terms of real GDP per capita and real value added per capita at the industry level. The empirical findings demonstrate that knowledge capital accumulated in a society significantly promotes economic growth. Especially R&D stock increases real value added per capita in all industries-not only manufacturing, but also services and agriculture-implying substantial inter-industry spillover effects. The findings of this study suggest that knowledge capital boosts economic growth as core social infrastructure.

Ecological and Economic Aspects of Innovative Development of Urban Logistics Infrastructure Taking Considering Pandemic Constraints

  • Rusanova, Svitlana;Kuzkin, Olexiy;Melkonov, Hryhorii;Lavrushchenko, Yuliana;Kuzmenko, Oksana;Zhurian, Viktoriia
    • International Journal of Computer Science & Network Security
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    • v.22 no.3
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    • pp.9-16
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    • 2022
  • The relevance of the topic is determined by the existence of inconsistencies between economic and environmental aspects of innovative development of urban logistics infrastructure, as well as the conflict of public, state and private commercial interests in this issue. The purpose of the article is to determine the principles and effective tools for innovative development of urban logistics infrastructure, taking into account pandemic constraints. The influence of the environmental aspect on the dynamics of transport flows was analyzed in detail and characterized, the scheme of determining the optimal solution for the development of the city was proposed considering the compromise between economic and ecological interests of society, state and business entities. A scheme of innovative development of urban logistics infrastructure under pandemic constraints was also developed. Materials of the article are relevant for developers of city plans, managers of urban logistics infrastructure, employees of enterprises participating in transport and logistics markets, scientists, and doctoral students.

How do Energy Consumption, Economic Growth and Logistics Development Interrelate?

  • HE, Yugang
    • Journal of Distribution Science
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    • v.18 no.1
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    • pp.71-83
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    • 2020
  • Purpose: Because the energy consumption, economic growth and logistics development are still the heated topics which have attracted many scholars' interests. Therefore, this paper attempts to analyze the effect of logistics development on the economic growth, explore the effect of the economic growth on energy consumption and to discuss the effect of the logistics development on energy intensity. Research design, data and methodology: Using the panel data over the period 2000-2017 of 156 countries and employing the country & year fixed effect model, system generalized method moments and random effect model, the empirical analyses of this propositions are performed. Results: The empirical findings present that the logistics development is positively related to the economic growth. The energy consumption in the t-1 period and economic growth are positively related to the current energy consumption. The logistics development is negatively related to the energy intensity. Meanwhile, the empirical findings also indicate that there is a great difference about these effects among the four sub-samples (low income 18 countries, low middle income 49 countries, upper middle income 44 countries, high income 49 countries). Conclusions: Based on the evidences in this paper provided, we can find that these variables can affect each other.

A Study on the Internalization of Sensor Technology by Comparison of IT Leading Countries

  • Cho, JaeHyuk
    • Journal of Internet Computing and Services
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    • v.21 no.3
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    • pp.61-70
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    • 2020
  • The 4th Industrial Revolution is a revolutionary change through intelligence, big fusion and personalization, and the importance of sensor technology that is the basis of core technology is emerging. This study empirically analyzes the derivation of national strategy for R&D of sensor technology, and draws out the effect of technology internalization effort through strategic R&D activities on technical performance and further on national economy. The research and development results are calculated for each type of technology internalization, and the results of the research and development are verified to establish a structure that contributes to the national economic performance. As a national technology internalization strategy, considering its own R&D investment and joint research and development, we examine the impact of each factor on patents and GDP, focusing on causality and ripple effects. For causality analysis, Grandeur causality analysis shows that R&D investment and joint research and development in all countries have mutual causal relationship with GDP. The implications are as follows. First, it is necessary to establish the policy of national economic development through the internalization of technology and knowledge. Second, it is necessary to establish policies according to the type of knowledge internalization. Third, it will be necessary to create an ecosystem environment based on a virtuous relationship between knowledge internalization and national technology and economic development.

Research on the Environmental Issues in China's Sustainable Economic Development

  • Zhao, Yue
    • The Journal of Industrial Distribution & Business
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    • v.7 no.1
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    • pp.15-17
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    • 2016
  • Purpose - During the past twenty years, China has developed rapidly in economy. Meanwhile China's economic development has brought great many problems. Sustainable development is to achieve coordination in the ecological, economic and social aspects. Among them, the environment and resource issues are the most critical issues which affecting sustainable development in China. With China's rapid economic development, China's ecological environment is facing the most serious threat in water pollution, air pollution, solid waste pollution and the destruction of forests and biodiversity, resulting in a significant loss of the national economy. This research aims to examine whether the tragedy of the commons has hindered the sustainable development of China's economy or not. On the other hand, we try to analyze a solution to improve this situation. Research design, data, and methodology - Theoretical background study, finding optimization models, and data analysis. Results - In the case of a clear definition of property rights, the air will have a market price. The market price will coordinate pollutant emissions. Conclusions - The tragedy of commons has hindered the sustainable development. The model of China's Economic development should be changed.

An Analysis of Economic Effect of National Knowledge Information System Development (국가 지식정보시스템 개발의 경제적 효과 분석 - 한국과학기술정보연구원(KISTI)의 연구활동을 중심으로 -)

  • Park, Sung-Uk
    • Journal of Information Management
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    • v.39 no.3
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    • pp.73-94
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    • 2008
  • The science & technology information is core point of the knowledge based society which will accomplish the role which economic development is lead. Simultaneously, Korea will jump at powerful country of knowledge information. But, There is not analysis about affects in the economic growth and various economic structure which follows in national knowledge information system development. This research analyses the economic ripple effects, in terms of production inducement effect, added value inducement effect, import inducement effect, labor inducement effect, of national knowledge information system development in KISTI from 2001 to 2008, using an input-output analysis of the bank of Korea(2007). It also examines economic propriety using an benefit-cost analysis for national knowledge information system development.

Some Future Issues of Republic of Korea's National Strategy: Land-oriented or Maritime-oriented Character? (미래 한국 국가전략 : 대륙인가 해양인가?)

  • Choi, Jae-Sun;Kim, Min-Soo
    • Strategy21
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    • s.36
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    • pp.121-149
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    • 2015
  • This paper will examine some past and current issues concerning the Republic of Korea's national strategy, focusing predominantly upon how the ROK should respond to the urgent maritime-oriented strategy highlighted by the recent developments and achievements of national prosperity achieved during last three decades and identify some of successful cases in East Asia. Some consideration will also be given to more general emergent issues of trends and developments of East Asian countries which might affect to define the ROK's future national strategy in the context of its national grand strategy to enhance national interests and prosperity. ROK is especially dependent upon open Sea Lanes of Communication (SLOC) and its national security emphasizes the sea as the medium of geopolitical and geo-economic development, given the sea known as core geographic option remains that ROK is an important maritime power, ranking the world-level nation in term of GDP, sea-borne trade, container processing capability, shipbuilding capacity and so on. It should be apparent, therefore, that ROK's national strategic development depends upon the relationship between its peninsula geography and its national development based on sea-borne economic growth and its maritime-oriented future national strategy will be the best option to maintain its national development and economic prosperity.

The Role of Informal Institutions in the Development of the Financial Services Market

  • Dubyna, Maksym;Panchenko, Olena;Bazilinska, Olena;Donkohlova, Tetyana;Shpomer, Alla;Rudenko, Oksana
    • International Journal of Computer Science & Network Security
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    • v.21 no.11
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    • pp.207-215
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    • 2021
  • The aim of the article is to study the role of informal institutions in the development of the financial services market. The study outlines the concepts of scholars to identify the main types of informal institutions. The mechanism of research of influence of the informal factor on functioning of economic object is developed. The main types of informal institutions are systematized. The main informal institutions influencing the development of the financial services market are considered. The application of a synergetic approach to the consideration of the impact of the institution of trust on the financial services market is proposed.