Development Of Business Environment Research Articles

Organizational culture as the basis of successful business

Organizational culture serves not only as a set of values and norms that characterize the way business is conducted within a company but also as a critical determinant of its success and competitiveness. This article explores the importance of organizational culture as the basis for successful business management. It examines the role of values, norms, traditions, and practices that shape a company's culture in creating a conducive environment for business development. Additionally, it investigates the impact of organizational culture on the efficiency and performance of the enterprise, as well as on employee motivation and satisfaction. Based on this analysis, proposals are put forward on how management can actively shape and manage organizational culture to achieve strategic goals and success in today's business environment. This article's conclusions may benefit executives and managers seeking to improve their company's effectiveness by enhancing organizational culture. Organizational culture is not just a reflection of how things are done within a company; it is a fundamental aspect that defines strategic directions and the overall orientation of business activities. It manifests in all entrepreneurial endeavors—from corporate style and communication methods to decision-making approaches and stakeholder relationships. Building and managing organizational culture becomes a paramount task for leadership in modern times, where competition and market instability are ever-present challenges. Indeed, organizational culture is the cornerstone for successful and resilient businesses. The success of shaping and managing organizational culture depends on several key aspects. Firstly, it is crucial to have a clear vision of the company's mission and values, which define the overall direction of development and objectives of the enterprise. Furthermore, it is necessary to actively implement these values and principles into the workplace environment, creating incentives and opportunities for employees' growth and development. Building an open and transparent communication system is vital to fostering understanding and collaboration within the company. Keywords: organizational culture, factors of organizational culture, criteria of organizational culture, stages of formation of organizational culture, business.

EU Cooperation Programmes for Central Asia: New Challenges and Responses

This article aims to analyse EU cooperation programmes for Central Asia, placing emphasis on the importance of cross-regional cooperation in creating a favourable environment for business development and foreign investment, aligning those cooperation programmes with the UN Sustainable development agenda and the implementation of the universal Sustainable Development goals. The author highlights regional and local social and institutional characteristics focusing on EU-Central Asia cooperation. The article assesses the importance of cross-regional cooperation in creating a favourable environment for both business development and foreign investment, and provides analysis on EU-Kazakhstan cooperation. The author applies the monographic method, as well as the graphical method, secondary data analysis, and the qualitative method in the form of an expert interview. The author concludes that the relationship between the European Union and Central Asia is of global significance and their ties are likely to increase in strength in the future bearing in mind, notably, Russia’s and China’s interest in retaining Central Asian countries within their own sphere of political and economic influence. The author puts forward proposals that additional EU multidimension external programmes are paramount for the EU’s and Central Asia’s productive relations.

Supply chain partnership and sustainable performance: does TQM mediate the relationship?

PurposeThe purpose of this study is to assess the effect of supply chain (SC) partnerships on sustainable performance (SP) and investigate the potential mediating role of total quality management (TQM).Design/methodology/approachA total of 185 responses were collected from pharmaceutical industry employees. The research data were analyzed using the partial least squares structural equation modeling approach.FindingsThe results reveal that relationships with suppliers (RS), distributors (RD) and intermediaries (RI) have a direct impact on SP. In addition, this study found that TQM serves as a mediator between RS, RD, RI and SP. This study enhances the understanding of the significance of TQM, SC and SP in business environment development. The findings suggest that organizations in the Jordanian pharmaceutical industry should prioritize the enhancement of their RS, intermediaries and distributors to improve their SP.Originality/valueBy providing decision-makers with valuable information, this study enables them to identify and implement TQM and SC practices to enhance the SP of pharmaceutical companies in Jordan.

Economic and Legal Principles of Cybersecurity as a Prerequisite for the Introduction of Special Economic Regimes

The article conducts a scientific and practical study of the economic and legal aspects of the State policy in the field of cybercrime and its impact on business development in a particular region, country, etc. It is determined that the massive spread of cybercrime, the lack of effective mechanisms for combating economic crimes, and the leveling of conceptual approaches to creating an effective mechanism for legal support of the business environment development have a negative impact on the investment environment in particular and on ensuring sustainable development of the State as a whole. The author analyzes the regulatory and legal documents which form the legal basis of the mechanism for combating cybercrime, both at the international and national levels. The author identifies the weaknesses of the national system of legal regulation of cybersecurity. The author points out the sufficiency and fragmented nature of legislative support for cybersecurity and counteraction to the growth of economic crimes.
 It is established that the significant vulnerability of Ukraine's information sphere is due to the excessive use of foreign-made material and technical means. It is emphasized that the international scale of the fight against cybercrime requires clarification and harmonization of national legislation in order to be able to cooperate with law enforcement agencies abroad. The article focuses on the low efficiency of Ukraine's current cybersecurity system and the urgent need to improve and optimize it. Achieving this will not only solve the problem of information space security, but also ensure the continuity and sustainability of Ukraine's economic development.
 It is determined that one of the priority areas of work in the field of creating optimal conditions for business is the fight against computer crimes in the economic sphere. Among the main tasks in this area of activity is to counteract the legalization of shadow income. The analysis of money laundering schemes shows that organized crime is very interested in using the capabilities of electronic payment systems which allow for instant money transfers with almost complete anonymity of counterparties.

Research on the Business Environment in the Post-pandemic Era: Taking Shenzhen as an Example

The coronavirus broke out in 2019, which quickly swept the world. In such a global environment, the economies of various countries are very sluggish, and the business environment is quite depressed. Now, the world is entering the post-pandemic era. In order to better study the business environment, this paper selects Shenzhen as an example to analyze. Firstly, the paper explored the current situation with a number of official data, including negative aspects, while some progress has also been witnessed. The problems in the business process were also demonstrated by examples and statistics. Some suggestions were provided, hoping to contribute to the future development of Shenzhen's business environment. The paper focused on accurately analyzing the current status and issues of Shenzhen’s business environment, providing a better atmosphere for the development of enterprises and promoting the legal and administrative system.

The impact of urban green business environment on FDI quality and its driving mechanism: Evidence from China

The world's leading recipient of foreign direct investment (FDI), China should pay attention to both the volume and quality of FDI as it seeks to integrate more fully into globalization. At this stage of development, establishing an environmentally friendly business environment has become a critical strategy for improving the quality of FDI. So, this paper constructs the index system of the urban green business environment and the measurement of FDI quality to test the driving mechanism of the urban green business environment on FDI quality. The study draws the following conclusions. Firstly, the green business environment can significantly enhance FDI quality, and this impact exhibits a positive spatial spillover effect overall. However, regionally, only the eastern region demonstrates a positive spillover effect. Secondly, the mechanism test results reveal that public services, financial services, market environment, ecological environment, human resources, and legal environment are the key driving factors of the urban green business environment on FDI quality. Moreover, the intermediary effect test establishes that the urban green business environment enhances FDI quality by mitigating risks. Thirdly, the heterogeneity test results indicate that the green business environment can enhance FDI quality for cities with varying income and pollution levels. The research results provide a new perspective for improving FDI quality and optimizing the green business environment. They hold significant implications for enlightening the coordinated development of the urban green business environment and FDI quality in different regions, as well as for maximizing the influence of the green business environment on FDI quality.

A Study on the Relationship Between Cross-border E-commerce, Business Environment, and High-quality Development of Foreign Trade

An essential factor in achieving high-quality development of foreign trade is cross-border e-commerce, which serves as a new catalyst for trade growth. This paper empirically analyzes the impact of cross-border e-commerce on the high-quality development of foreign trade using China's provincial panel data from 2013 to 2021. The study employs the static fixed effect model and dynamic Gram Molecular Mass (GMM) regression model to investigate the relationship, and further utilizes the mechanism effect model to explore the role of the business environment. The findings demonstrate that the emergence of cross-border e-commerce has significantly facilitated the growth of international trade. By improving the structure and increasing the level, scale, and competitiveness of foreign trade, it directly promotes the high-quality development of foreign trade. Moreover, the impact of cross-border e-commerce is more pronounced in regions with high Internet penetration rates compared to those with low rates.

Does the Collaboration of Digitalization Foster Regional Green Development?

The collaboration of digitalization refers to a comprehensive digital governance system that achieves cross-regional digital industrialization and deep integration of industrial digitization through the construction of digital infrastructure, which paves the way toward regional sustainability. However, little is known about whether and to what extent regional digital collaboration contributes to green development. Furthermore, the specific role of digital collaboration in greening the regional economy and society remains unexplored. Thus, this paper tests the relationship between digital collaboration, business environment, and regional green development by using data from 285 prefecture-level cities in China from 2008 to 2022. The findings suggest that: (1) the hysteresis phenomenon of the “green dividend effect” response to regional digital collaboration is present; (2) digital collaboration in eastern cities positively impacted (but lagged) the greening of the economy and society, but cities in central and western regions negatively impact this process; (3) the business environment mediates the relationship between the lagged digital collaboration and regional green development, and it positively moderates the relationship between both the current and lagged digital collaboration and regional green development. By elucidating the relationship between digital collaboration, business environment, and regional green development, contributions have been made to previous digital innovation literature, and management insights have been provided for how regions can promote green development in the digital age.

Impact of Market-Oriented Business Environment and ICT on Sustainable Development: Panel Evidence from the New EU Member States

Sustainable development has become a key factor in decreasing economic and social inequalities and environmental problems in the world. This problem aligns with the crusade of the United Nations Sustainable Development Goals (UNSDGs-8 and 10). To this end, the present study seeks to identify factors underlying sustainable development for vital and optimal policymaking. The primary objective of the present study is to investigate the influence of a market-oriented business environment together with information and communication technologies (ICT) on overall sustainable development in new EU members who experienced a transition to a market economy for annual frequency period ranging from 2000–2020 via novel cointegration and causality tests adequate to the dataset size and characteristics. The study aimed to make a contribution to the related empirical literature, as there is a paucity of documentation in the extant literature on the nexus between the business environment and overall sustainable development. Furthermore, the use of cointegration and causality tests considering heterogeneity and cross-sectional dependence increased the robustness of the empirical results. The consequences of causality and cointegration analyses uncovered that the market-oriented business environment and ICT were short- and long-run drivers of sustainable development. However, the impact of ICT on sustainable development was relatively stronger than the impact of the market-oriented business environment in the long run. As a result, policies to improve market-oriented business environments, ICT infrastructure, ICT adoption, and digital literacy can be useful to make progress in overall sustainable development.

Research on the Development Level, Spatiotemporal Evolution Characteristics, and Sustainable Development Path of the Digital Business Environment

This paper aims to measure the development level and dynamic evolutionary characteristics of the digital business environment, and explore its sustainable development strategies, which would contribute to the sustainable development of the digital economy. This study employs ecosystem theory to construct evaluation indicators for the digital business environment. Utilizing panel data from 272 cities in China between 2011 and 2020, the study applies the entropy weight method to measure the development level of China’s digital business environment. It further examines the spatiotemporal evolution characteristics and sustainable development strategy of the digital business environment using methods such as kernel density estimation, Markov chain analysis, Moran’s I index analysis, Dagum’s Gini coefficient calculation and decomposition, and fsQCA analysis. The results indicate that the digital business environment steadily increased during the study period. Furthermore, there has been a gradual acceleration in the upward trend since 2017, with a higher probability of transition from cities with lower levels of the digital business environment to neighboring cities with higher levels. Cities with higher development levels are experiencing an increasing gap compared to the average level. There is a significant spatial positive autocorrelation in the efficiency of the digital business environment among Chinese cities, exhibiting a distribution pattern of “high-high” and “low-low” in spatial terms. Dagum’s Gini coefficient reveals that the regional differences serve as the primary source of spatial distribution disparities in the digital business environment, and there are four configuration paths to promote a sustainable digital business environment. Moreover, our findings have implications for policy makers, such as increasing investment in digital infrastructure, leveraging the spatial spillover effects of regions with a high level of digital business environment development, and enhancing the diffusion mechanism for optimizing the digital business environment.

Changing Business Scenario of a Young Tribal Economy: A Case Study of Mizoram

Business play a pivotal role for a developing economy. The paper give an overview of the evolution of business in Mizoram and its origin dating back from the earliest known history of the state to the present scenario. It takes into account trading activitiesduring the colonial period and its impact along with the advent of Christianity and education. The study covers trading during the Union Territory period to the economy post-statehood. The study highlight the current business scenario of Mizoram. The indings reveal the entire evolution scenario and aspects leading to growth and development of business environment of the state.

Strategy of directions, forms and tools of state influence on development processes of the regional business environment

The object of research is the content and factors of the formation and development of the regional business environment as an economic resource for the development of the region, its formation and effective use. Effective development of the regional business environment is a key factor in the sustainable functioning of business structures. Entrepreneurial activity ensures the improvement of the social situation in the regions, solving problems related to the employment of the population, the level of income of its working part, the income of local budgets, blocking centers of social tension. This necessitates the formation of an entrepreneurial environment that ensures the improvement of the efficiency of business structures, the activation of factors of its development operating at the macro-, meso-, micro- and nano-levels. Despite the growing interest of scientists and researchers in the study of problems related to the formation and development of the regional business environment, the search for factors affecting it, many issues of theoretical and methodological properties in this field of science and practical activity remain unresolved. This work is devoted to the study of these issues. The results obtained in the course of the study can be used by the state authorities, which form state programs for stimulating the development of the business environment at the regional level. And also by entrepreneurs, investors, financial structures, analytical and rating agencies when making relevant decisions related to the development and assessment of the state of the business environment. A number of conclusions can be used for analytical purposes, the formation of comparative indices, ratings, establishment of business contacts that correspond to the mutual interests of interested parties, strategic planning of the development of various regions, etc. Separate provisions can be applied in the process of further research into scientific and practical problems of the formation and functioning of business territories, as well as used in higher educational institutions to prepare a scientific and methodological base for teaching.

Marketing in the Context of Organisational Market Resilience

ABSTRACT Evaluating contemporary business changes against the backdrop of the concept of turbulent business environment presented by Ansoff in the ’70s allows us to identify a new way of interpreting Ansoff’s description of turbulence as the key characteristic of the business environment. The new business landscape, described by VUCA (volatility, uncertainty, complexity and ambiguity, BANI (brittle, anxious, nonlinear, incomprehensible) or RUPT (rapid, unpredictable, paradoxical, tangled) acronyms, is complex, illegible and intensified by COVID-19 and the war in Ukraine. It results in shortening the life-cycle of the organisation as well as the importance needing to be attributed to an organisation’s predisposition towards remaining resilient in the face of turbulence. The paper is based on primary research and aims to identify the role of marketing in contemporary business environment and future development in the context of the idea of resilient organisations. The identified business challenges are addressed using the described marketing functions - ‘customer advocacy’, ‘business owner’ and ‘professional manager’.

Study on the impact of business environment on private enterprises' technological innovation from the perspective of transaction cost

Technological innovation of private enterprises is an important condition for promoting high-quality development of China's economy. This paper matches the regional business environment data with the data of A-share private listed companies from 2017 to 2020 to study the impact of business environment on private enterprises' technological innovation and its mechanism of action based on the perspective of transaction cost. The empirical results show that the optimization of regional business environment promotes the technological innovation of private enterprises. A quality business environment reduces private enterprises' rent-seeking expenses and agency costs, thus promoting their technological innovation. Heterogeneity analysis shows that at a higher degree of market competition, the business environment is more conducive to stimulate the enthusiasm and motivation of private enterprises' technological innovation. A quality business environment reduces the impact of enterprise size differences on private firms' technological innovation, and the uneven development of business environment among regions.

Research on the possibility of improving energy efficiency in the hospitality industry

In the structure of commercial real estate, hotel infrastructure facilities occupy a special position due to their dependence on related industries: tourism, both international and domestic, entertainment industry, event organization, business environment development, etc. Also, this industry is most affected by external factors: legal, political, economic, infrastructural, communication, cultural. Trends in the introduction of energy-efficient technologies in the processes of operation and maintenance of real estate objects of the hospitality industry allow to increase their competitiveness and increase the number of transactions. The leaders in the number of investment transactions in the hotel real estate segment for 2022 are traditionally Moscow and St. Petersburg, but the development of domestic tourism gives impetus to increased investment activity in other regions of the Russian Federation. The purpose of the study is to identify the impact of the energy efficiency level on the competitiveness of hotel real estate. Research objectives: analysis of trends in the hotel real estate market, determination of indicators of competitiveness of hotel facilities depending on the type of accommodation, consumer requests and the level of energy efficiency, calculation of the integral indicator of competitiveness of hotel real estate. Research methods: comparison, analysis and synthesis, generalization, expert evaluation method. As a result of the study, the key factors of the competitiveness of hotel facilities are identified and the methodology for calculating the integral indicator of competitiveness is given.

Do changes in the business environment and sustainable development really matter for enhancing enterprise development?

AbstractThe accomplishment of sustainable development goals has become a global initiative to encourage renewable energy, reduce wasteful energy consumption and increase investment in energy efficiency projects. The number of publications devoted to sustainable development, environmental protection and green investments is growing exponentially. Firstly, this study is committed to provide a comprehensive overview of research literature on enterprise development in decades‐long, focusing on the sustainable development and business environment field. Secondly, it seeks to elaborate the most comprehensive structural model examining the multilateral and facilitative role of internal and external business environment changes in the relationship between sustainable development and enterprise development. A bibliometric analysis via VOSviewer was applied to detect and visualize the research trends and display the research status of enterprise development under the changes in the business environment and sustainable development. A confirmatory factor analysis and structural equation modeling were performed to develop, implement and verify a conceptual structural model examining the multilateral and facilitative role of internal and external business environment changes in the relationship between sustainable development and enterprise development. Mapping bibliographic data based on co‐citation, co‐occurrence, bibliographic coupling, and network and content analysis showed that generally, researchers had made significant efforts to investigate different links that arise between enterprises development, sustainable development, and business environment separately in different combinations. Structural equation modeling showed that the argument that sustainable development directly causes enterprise development is disputable since sustainable development focuses on changes in the internal and external business environment that eventually influence enterprise development, which in turn leads to a further new shift in the external environment.

Does emission trading policy restrain economy? A county-scale empirical assessment from Zhejiang Province of China

Despite extensive attention paid to emissions trading policy (ETP) approaches, the effect of ETP on economic performance is still ambiguous, and its mechanism and policy scenarios remains to be clarified. This study uses panel data at county level from 2002 to 2017 in Zhejiang province to explore the effects of China's ETP on the economic development. Adopting the difference-in-differences (DID) model, it reveals that 1) China's ETP has an aggregative negative impact on county economy. 2) gradual regression results shows that investment intensity inhibitory effect is proved and investment intensity has a strong mediating role, but innovation-boosting effect (Porter hypothesis) is not well supported as ETP does not spur the level of innovation and total factor productivity. 3) Further study shows the level of industrialisation, business environment and financial development in the county can significantly moderate the negative impact of ETP on regional economic development. This study extends the literature of environmental policy and economic development, by providing the empirical evidence at county level with 16-year time span, to generate the solid basis of ETP implementation. Overall, this study has important implications for the government to further evaluate policy effectiveness and promote ETP gradually.

Influence of Environmental Factors of Influence on the Volume of Financing in the Agro-Industrial Complex

The availability of financing for agricultural innovation activities through business loans remains one of the most influential factors in the business environment and entrepreneurship development. A gradual improvement in lending conditions with government intervention will attract more customers to banks, which will allow the SME segment to grow and remain competitive, including in the agro-industrial complex. Agribusiness financing and lending issues are of great importance in financial accounting and taxation, so it is necessary to cover this topic by updating important points. 
 The purpose of the study is to substantiate the theoretical provisions and develop recommendations for improving the accounting for financing and estimating the cost of developing agricultural organizations in the Republic of Kazakhstan.

Regional Entrepreneurship, Business Environment, and High-Quality Economic Development: An Empirical Analysis of Nine Urban Agglomerations in China.

The article selects socioeconomic data related to 146 prefecture-level cities included in nine city clusters from 2014 to 2018 to establish a city-level socioeconomic system in China. A sensitivity analysis of regional entrepreneurship and economic quality development based on system dynamics was conducted to explore the changes in regional entrepreneurship and economic quality development over time and their sensitivity factors. In this way, the dynamic evolution mechanism of the system can be portrayed, and the optimization of the system can be achieved through the coordination of the factors within the system. The article sets up three scenarios to explore the fluctuations in regional entrepreneurship and economic quality development when three sensitive factors, namely, business environment, financial services scale, and innovation environment, change. Findings: There are differences in the development of cities within city clusters. The business environment and high-quality economic development of the central cities within the city cluster are stronger than those of the non-central cities. Therefore, regions should focus on synergistic development within city clusters when formulating related policies. The variation of regional entrepreneurship development and economic quality development, after a factor in the system is changed, is asymmetric. Because the sensitivity of different urban clusters and the way they are affected by sensitive factors varies, the state should pay more attention to the adaptability of cities when formulating corresponding policy measures and adapt its policy measures to the sensitivity characteristics of each region according to local conditions.

Regional Business Environment, Agricultural Opening-Up and High-Quality Development: Dynamic Empirical Analysis from China’s Agriculture

Agriculture is the foundation of every country’s survival and development. This paper analyzes the interaction between the business environment, agricultural opening-up and high-quality agricultural economy from the perspective of China’s provinces. According to the panel data of 31 provinces and municipalities in China from 2009 to 2019, the empirical analysis was carried out based on the panel vector autoregression (PVAR) model. The results show that there is a quantitative interaction between China’s business environment, agricultural opening-up and high-quality agricultural development, and the long-term time effect is very obvious. Specifically, (1) the impact of the business environment and the high-quality development of agriculture on itself is decreasing year by year. The agriculture opening-up itself has a strong impact and has always maintained strong stability. (2) The high-quality development of the agricultural economy has little impact on the business environment and the opening of agriculture to the outside world, but it has a certain stable and continuous effect. It is particularly important that the agricultural opening-up has an increasingly strong effect on the business environment and the high-quality development of the agricultural economy as time progresses. Therefore, we must always adhere to the agriculture opening-up. The regional business environment and the agriculture opening-up can jointly promote the high-quality development of the agricultural economy. The research results can provide a basis and reference for the central and local governments to formulate relevant agricultural development policies and provide a reference for relevant agricultural economic entities and enterprises.