New Type Of Business Research Articles

PERSPECTIVES OF THE TRANSITION TO THE DIGITAL ECONOMY IN EU

The Fourth Industrial Revolution or Industry 4.0 refers, in simple terms, to the way in which the technologies like artificial intelligence, autonomous vehicles, augmented reality and the internet of things are merging with the physical life of the people all around the globe. This new “era” is expected to transform in a revolutionary way the economies, employment and even the society in which we live today. The digital economy is very different in comparison to the traditional one and it is the result of the accelerated evolution of telecommunications, internet and electronics, and their integration in our everyday life. This arising economy is favoring the development of a new type of business, i.e. e-business. The process of the transformation of the actual economy in a digital one needs a set of favorable factors and a period of time, named period of transition. In this context, it is necessary to understand and to assess how advanced the transition process is in each EU country so that to be able to create and implement the suitable strategies who will lead to the digital economy. At EU level it was create an index - Digital Economy and Society Index (DESI) – with the aim to measure the progress of EU countries towards a digital economy and society. Our paper presents this index and make a comparative analysis of its evolution during the last 5 years. The results show an intense preoccupation of all EU countries for the improvement of the sectors considered in the calculation of DESI and the progress made by some states in this field.

ANALISIS DETERMINAN STRUKTUR PASAR TENAGA KERJA SEKTOR TRANSPORTASI DI INDONESIA MASA PANDEMI COVID 19

The growth of the digital economy has given rise to new types of business, on the one hand it also often kills conventional businesses. It is interesting to see its effect on the structure of the labor market. This study aims to examine the factors that influence the structure of the labor market. The independent variables tested included the influence of the digital economy, investment, the COVID-19 pandemic, and the omnibus law. The research method used is quantitative. The data used is a time series with a monthly period from 2018 to 2020. The results of this study successfully show that the investment variable and the COVID-19 pandemic have a negative effect on the structure of the labor market. Meanwhile, the omnibus law has a positive effect on the structure of the labor market. The digital economy variable has no effect on the structure of the labor market.

Time to Revisit Oil Palm-Livestock Integration in the Wake of United Nations Sustainable Development Goals (SDGs)

To date, the idea of using livestock animals as biological tools to manage weeds, sequester carbon, and boost food security in oil palm plantations has not been seriously considered by industry stakeholders of major producing countries (e.g., Indonesia, Malaysia, Thailand, Colombia, and Nigeria). We revisit the integration of oil palm cultivation with livestock farming as a silvopastoral agroforestry practice in the wake of Sustainable Development Goals (SDGs). Oil palm-livestock integration has the potential to promote sustainable palm oil production because it can provide multiple environmental and socio-economic benefits, including carbon sequestration, restoring top soil, improving ecosystem biodiversity, reducing pesticide and fertilizer inputs, and boosting national food security. In contrast to monocultural outputs of most conventional plantations, an oil palm silvopastoral system is an ideal way to address the global food insecurity challenge as it produces bioenergy, vegetable oil/fat and animal-based protein sources (e.g., red meat). In addition, the potential of contract targeted grazing could be considered as a new type of business and income diversification for rural people. Oil palm-livestock integration is a strategy by the palm oil industry to achieve multiple SDGs. Out of the 17 SDGs, oil palm-livestock integration is likely to deliver nine SDGs. Palm oil certification bodies should recognize oil palm-livestock integration as a biological control method in weed management practices. We recommend that oil palm-livestock integration should be promoted to revitalize sustainable palm oil production and strategic biodiversity conservation policy. Policy makers should encourage major players in the palm oil industry to practice oil palm-livestock integration.

PERSEPSI WIRAUSAHAWAN ATAS KONTRIBUSINYA TERHADAP PEREKONOMIAN DI KABUPATEN BANDUNG

Entrepreneurs have an important role for the economy of a region, especially in Kabupaten Bandung which has great potential for entrepreneurial development. The role of entrepreneurs for a country is to open new types of businesses and new jobs and play an important role in the ability to create and provide value-added products that have the courage to take risks, and innovate, and can be well organized to find and read market opportunities. This study aims to determine the perception of entrepreneurs on their contribution to the economy in Kabupaten Bandung, as well as to determine the contribution of the culinary sector and the fashion sector to the economy in Kabupaten Bandung. This research method uses qualitative methods with descriptive methods by distributing questionnaires and interviews to entrepreneurs in Kabupaten Bandung. The results of the study can be seen that the majority of respondents perceive that entrepreneurs have a positive contribution to the economy in Kabupaten Bandung. Entrepreneurs directly or indirectly have contributed actively in advancing the economy, then the culinary sector and the fashion sector are the sectors that have the greatest potential contribution to the economy in Kabupaten Bandung.Keywords: Perception, Entrepreneur, Contribution, Economy

Development and Practice of Cross Border e-Commerce Platform System Based on School Enterprise Cooperation

With the maturity of 5g technology and the development of science and technology. Since then, the Internet has begun to merge with all walks of life, and has created a thriving “Internet plus” economy. The most representative of the Internet plus economy is the e-commerce economy. With the characteristics of “cross-border integration, innovation driven, open and free, connecting everything, fast and convenient”, e-commerce economy has widely penetrated into the traditional manufacturing industry, logistics industry, education industry, government affairs and other fields, and has become the focus of the world’s development. Cross border e-commerce, as a new type of business in e-commerce economy, closely connects the global economy, but also becomes one of the main factors to measure the economic development of various countries. After cross-border e-commerce has become the mainstream of the market, the problems faced are the lack of e-commerce talents, unreasonable talent structure and so on. Based on the cross-border e-commerce platform of school enterprise cooperation, using literature review method and social survey method, cross-border online shopping consumers show an obvious trend of youth, and the proportion of users aged 25-35 is as high as 60%, The proportion of 18-24 years old and 36-46 years old was 13% and 17%.

Bridge financing during covid-19 pandemics: Nexus of FDI, external borrowing and fiscal policy

The covid-19 pandemic has unleashed the requirements of immediate changes in various types of investment and financing. The developed and developing countries require compatible infrastructure to live and survive in the new scenario. Majority of developing countries have to depend on foreign direct investment and short-term financing from external sources to build new infrastructure and start the new types of businesses. This situation requires reallocation of foreign direct investment and fiscal resources. The bridge financing through external short-term borrowing may help the institutions in developing countries to maintain their liquidity position for their perpetuity and survival. The study recommends that bridge financing is required to support the economic and business activities during the economic depression and lock down period during the covid-19 and such other crisis. A mathematical model to assess the sustainability of external financing has also been established in the study.

Financial engineering of business processes and investment of industrial companies in the innovation system of megacity

Research background: The UN usually defines cities with more than 1 million inhabitants as megacities. As of 2019, over 55% of the world’s population lives in metropolitan areas. Nowadays, rapid population growth and urban growth have created many socio-economic problems, but also created enormous potential for opportunities. On the one hand, risks, depletion of urban resources, industrial isomorphism, environmental pollution and environmental damage, and, of course, we must not forget about the global virus that is adjusting urbanization processes. On the one hand, risks, depletion of urban resources, industrial isomorphism, environmental pollution and environmental damage. And, of course, we must not forget about the global virus that is making adjustments to the processes of urbanization. On the other hand, megalopolises reduce the costs of doing business, stimulate the process of the birth of new types of business, create new forms of organizations, and create jobs. Megacities are a generator of innovation. Purpose of the article: to develop proposals for the creation of a scientific center of a representative megacity for financial support of innovations and for monitoring information flows and risks. Methods: used in the research: financial engineering, mathematical modeling, robo-advising, crowdfunding, big data technologies. Finding & Value added: Based on the results of the research, a digital platform model and methodology for creating innovative financial products will be created. The model will allow administrative staff to monitor and shape the financial policy of the metropolis. Innovative financial products will be used on the investment platform and will help solve the problem of credit deficits for companies in the early stages of their life cycle.

The transition towards an environmental sustainability for Cryptocurrency mining

As Cryptocurrency becomes more and more popular so does its demand for mining rigs. At the end of 2020 there were approximately 5,392 different cryptocurrencies available with a total market capitalization of more than $201bn [1]. Cryptocurrencies are using decentralized, distributed systems in order to operate. The mining process involves solving cryptographic equations, which are ultimately used for ensuring encryption of the blockchain transactions, through the use of IT equipment - the most efficient way of doing it being by building mining farms which use Graphics Processing Units (GPUs). The Crypto farmers are rewarded with a share of the transaction they facilitate. As the Cryptocurrency market grows exponentially every year, so does its hunger for energy. For example, the Bitcoin Energy Consumption Index is evaluated to reach 77.782 TWh/year in 2021 [2], which, for comparison, is approximately 1.5 times larger than the entire electricity consumption of Romania in 2020 [3]. In this paper, the transition of Cryptocurrency mining processes towards environmental sustainability will be analysed. A Crypto-farm’s Energy Performance Indicators (EPI) and Power Quality Indices (PQI) will be evaluated and, with the use of dedicated software solutions, the authors will propose an action plan to minimize the environmental impact of the energy boundary and to maximize the EPI, thus maximizing the profitability of this new type of business.

ТЕОРЕТИКО-МЕТОДОЛОГІЧНІ ПОЛОЖЕННЯ ФУНКЦІОНУВАННЯ І РОЗВИТКУ СИСТЕМИ ЕЛЕКТРОННОГО БІЗНЕСУ

Today, e-business is an important part of doing business. Active development of information technologies, simplification of the Internet access, a significant level of the distribution of smartphones and other electronic devices have contributed to the creation of new types of business that operate solely on the use of modern digital technologies. The development of e-business is also an important component of ensuring innovative development of the national economy. Active introduction of e-commerce technologies, the use of payment systems is already an integral part of the economic activity of all economic entities. Within the article, theoretical and methodological provisions of the e-business system are considered. The results of the analysis make it possible to state today the important role of the outlined system in the development of the national economy. Taking into account the essence of this system, the peculiarities of its functioning in the national economy, the prerequisites for its formation and transformation were determined. The main functions of such a system are also singled out and analyzed in detail, which include the following: market, development, innovation and social. Considerable attention was paid to the principles of the outlined system, which were divided into three groups: formation (evolution, informatization, innovation, resource provision), functioning (systemic, structured, adaptive, dynamic) and development (science, legality, exogenous coherence, transformation); their features are considered.Thus, the results of the study allow to establish the objective impact of e-business on the functioning of the national innovation systems, significant potential for further development of this system, which leads to new research in the transformation of economic relations as a result of active use of new digital technologies

Exploring the Environmental Practices in Hospitality through Booking Websites and Online Tourist Reviews

The major impact of hotel industry on the environment has become a serious concern for both hoteliers and tourists, with many studies showing that tourists are having more and more expectations from hoteliers to implement environmental practices. Considering the fact that most hotel bookings are now made online through booking websites, it is important for these to show and manifest the same preoccupation with the environment, by promoting environmentally friendly initiatives. The aim of the present study is to emphasize the crossroads between sustainability and digitalization, and to increase the role of digital technologies in encouraging a sustainable development of all tourism sectors, including hospitality. The study provides information and identifies important elements to assess the environmental practices of booking websites. In order to identify the position that booking websites and platforms take towards the environmental practices, the filter section of four booking platforms is analyzed. The present study aims not only to analyze the current position of booking platforms towards the environment, but also to identify methods that improve the way they highlight their implemented environmental practices, based on tourist’ reviews. In order to identify the customers’ opinion regarding these types of practices, a total of 31,800 tourist reviews posted on Booking.com were analyzed. The results have indicated that the level of awareness related to the need of protecting the environment, in the case of both hoteliers and tourists, must increase aspects that also imply the need for booking websites to highlight and encourage environmental practices. The obtained results are useful for booking websites developers who can adapt and make the website’s interface friendlier regarding environmental practices. In addition, hotel managers and entrepreneurs can make use of these results in order to develop new types of business in the hospitality industry, and in the long run the results are useful for increasing the awareness among tourists of the need for environmental practices. Suggestions are made on how booking websites can involve themselves more in environmentally friendly initiatives and in potential future study subject discussions.

Fabrication Of Aquaponic System For Integrated Freshwater Fish And Vegetables Cultivation

The Community Partnership Program (PKM) activity has been carried out in Nagari Sunua, Padang Pariaman District, West Sumatra. As for Sunua's diversity, many young people drop out of school and do not have permanent jobs. This activity aims to provide training in the manufacture of aquaponic systems that combine freshwater fish cultivation with vegetable cultivation simultaneously. Partners will be given training on how to use freshwater aquaculture pond water to grow vegetables. Pool water will be flowed in the pipes where the vegetable seeds are grown. Pond water becomes fertilizer and nutrition for vegetables. Water that has passed through vegetables in the next pipe will be flowed back into the pond. This aquaponic cultivation pattern is very beneficial because it can produce vegetables and fish simultaneously in one activity. This can be a new type of business for partner groups that have not. In general, these activities can be carried out well and increase the knowledge and skills of the members of the partners involved.

B2B or B2C dilemma in maintenance industry: UrbanKare

Learning outcomes The learning outcomes are as follows: assessing the changing trend in the needs of the customer, leading to evolution of new types of businesses in the urban areas. Deep understanding of household service industry and its future. Assessing the skills and capabilities required to become an entrepreneur and follow entrepreneurship. Understanding the aggregator, two-sided business model prevailing in the market. Understand the concept of business-to-business (B2B), business-to-consumer (B2C) business model in household industry. Case overview/synopsis This case study is about two first-generation entrepreneurs from India who started a new innovative service delivery platform, UrbanKare with a vision to organize the household maintenance services industry. The company was founded in 2016 with a seed capital support of the State Government. The idea behind this initiative was to provide customers a professional, reliable and convenient household repair and maintenance services at their fingertips. The biggest challenge they were facing was that of aggregation of service providers (skilled workforce) and maintaining the service quality in the context of B2B and B2C service provision. Complexity academic level PG level courses – Industrial Marketing Startup and Business Entrepreneurship. Supplementary materials Teaching notes are available for educators only. Subject code CSS 8: Marketing.

Research on “Marathon + Tourism” Industry Integration Strategy Based on Big Data Analysis from the Perspective of Global Tourism

In the new pattern of global tourism development, it is required that tourism industry should integrate with other industries to form industrial linkage effect. Among them, a new type of business is formed by the combination of "marathon + tourism". The development momentum of sports tourism has been particularly rapid in recent years. The integration of sports industry and tourism plays an important role in stimulating regional economic growth. "Marathon + Tourism" has many advantages in the development process, such as local policy support, low entry threshold, etc. But there are also various problems in the development, which hinder the marathon development and integration with the tourism industry. In recent years, computer technology has continued to advance, and big data technology has gradually been used in production and life. The emergence of big data provides effective support for our analysis of events of public concern. This paper first analyses the concept of global tourism, and then uses big data technology to analyse the relationship between marathon events and tourism industry. Finally, some suggestions are put forward for the integration of Marathon and tourism industry.

Benefit Corporations and Corporate Social Intrapreneurship

Abstract The present Special Issue focuses benefit corporation and social intrapreneurship as two topics which in the last decades have taken on a growing role in studies about both management and economics. This growing interest comes from globalization and digitization phenomena that have determined a change in firms’ stakeholders expectations. In this regard, social pressures about the behavior of companies have determined a new way of conceiving profit seen not only as shareholder remuneration but also as a direct or indirect tool to foster greater interdependence between economic activities and social objectives. For instance, the relationship between profit and sustainability no longer follows dichotomous logic. The firms are moving towards a path of socialization essential for their survival. The issue of sustainability, which previously appeared secondary in business economics studies, today is a pure necessity; the current competitive dimensions are based on intense and continuous engagement actions towards all stakeholders. This perspective is reflected in new theoretical strands such as the Social Emotional Wealth Theory, in which profit in the short run assumes secondary positions with respect to the survival not only of the company, but also of its founder, who tends to link its “immortality” to his/her firm. Thus, issues related to the sustainability are entering more and more the DNA of the firms on the one hand and economic policies are increasingly interested in the global aspects of sustainability (social, economic, environmental and governance) on the other hand. These trends have favored the development of new types of businesses, such as benefit corporation and start-ups related to the social entrepreneurship logic, committed to combining long-term profitability with certain standards and optimizing their positive impact on employees, the community in which they operate and the environment as well. The current economic crisis caused by Covid-19 seems to have accelerated this tendency to combine economic and social benefits.

Research on Forest Health Industry Based on Wanghong Economy——Taking Forest Health Industry of Sucun Township as an Example

Forest health industry is a new type of business generated by the development of social economy in China, which is in line with people’s attitude towards forest and nature. However, with the gradual deepening of the degree of marketization in China, the research on the core competitiveness of forest health industry is imminent. [1] It not only requires convenient transportation and perfect infrastructure, but also how to form flow to drive the development of health care industry in a short time. This paper discusses the forest health industry in Sucun Township with the help of netred economy.

Space Design Teaching for Garden Theme Hotels with Application of Regional Culture

In recent years, the primary, secondary and tertiary industries are constantly developing, and the development of the tertiary industry, namely the service industry, is particularly rapid. Since the reform and opening up, people's consumption power has gradually improved. While people have met basic material needs, spiritual needs become a new demand and people hope to be provided with high-quality services. As an important industry in the service industry, hotel development is an important part of the city's economy. The theme hotel is a new type of business for hotels. Unlike ordinary hotels, theme hotels are mainly distributed in cities with relatively developed economies and good geographical environments, and have different themes. This article focuses on the integration of regional culture and theme hotel space design.

Prosecutor in civil proceedings

This study highlights the legal aspects of the prosecutor's participation in civil proceedings. In particular, the legal status of the prosecutor in accordance with national legislation was analyzed, his necessary participation and general, special powers were singled out. In addition, some major innovations in the current legislation on the legal status of the prosecutor are highlighted. This chapter focuses on the place of the public prosecutor in common law and civil law jurisdictions. It first describes the institutional positioning of public prosecutors, particularly vis-à-vis the executive power, before discussing their role and powers in regard to the pretrial phase. The legal system of Ukraine is based on the framework of civil law, and belongs to the Romano-Germanic legal tradition. The main source of legal information is codified law. Customary law and case law are not as common, though case law is often used in support of the written law, as in many other legal systems. Historically, the Ukrainian legal system is primarily influenced by the French civil code, Roman Law, and traditional Ukrainian customary law. In this article is described changes in process of civil law and partipation of prosecutor. Also I can say, that a lot of students think that prosecutor work only in criminal cases. Civil law regulates the everyday life of citizens and other legal entities, such as corporations. The main code of Ukrainian civil law is the Civil Code of Ukraine. It comprises provisions governing ownership, intellectual property rights, contracts, torts, obligations, inheritance law, and the definition of legal entities. The code introduces new types of business contracts into the legal practice, including factoring, franchising, rent service, and inherited contracts. Civil litigation is governed by the Civil Procedural Code of Ukraine. In this article we can se how prosecutors can take a part in civil process in Ukraine. Prosecutors are typically lawyers who possess a law degree, and are recognized as legal professionals by the court in which they intend to represent society.

DEVELOPING DIGITAL SKILLS AND COMPETENCIES OF UKRAINIAN SPECIALISTS AS A VITAL NEED IN THE GLOBAL DIGITAL TRANSFORMATION ERA

This paper provides justification for the most promising directions of updating of the Ukrainian science and education sector in response to the objective digital transformations of public governance and global economy. The first path is the concentration of intellectual and financial efforts on the development and implementation of information platforms on blockchain as domestic, Ukrainian products, which would create a technological basis for the emergence of new types of business being based on similar platforms. The second direction is to build a resilient interaction between science and education, innovative startups and established businesses that are virtually unrelated in Ukraine today. The third path is the development of digital competencies and people skills based on the global digital literacy framework. Based on UNESCO recommendations, promising areas for improvements in education and digital skills for the population have shown the great expediency of training data scientists and scientists.

Corporate training as a strategic factor of competitiveness

In modern conditions, there is an urgent need for qualified personnel capable of forming a development strategy in a market innovative economy, mastering new types of business and new markets, and flexibly managing production and sales. The problem of special economic, legal and managerial education has become especially acute in a competitive environment. Business success is determined more and more not only by special knowledge in a specific area, but also by qualitatively new requirements for the company’s management.The purpose of the article is to assess the effectiveness of corporate training, to identify factors directly or indirectly related to the training of company employees in order to increase their potential and thus ensure the economic security of the business. Also relevant is the search for ways to further develop corporate training, ensure its compliance with the modern requirements of a market economy, as well as change the attitude of specialists to their work on the basis of optimally planned training programs to attract the hidden resources of the company and the person.

Management of Independent Business-Based Private Madrasah Development at Madrasah Aliyah

This research aimed to know determine the management development of Madrasah Aliyah As'adiyah No. 16 Abbreviation Sabbang District, North Luwu Regency; To find out the management of independent business development at Madrasah Aliyah As'adiyah No. 16 Abbreviation Sabbang District, North Luwu Regency; To know the management of development of Madrasah Aliyah As'adiyah No. 16 Abbreviation Sabbang District, North Luwu Regency, is based on independent business. This research is qualitative descriptive; the data collection techniques used in this research are observation techniques, interviews, documentation, data analysis used is data reduction, data presentation, and concluding. The results of this research indicate that madrasah development management is carried out by maximizing socialization to the community by face-to-face and the social media, by used three special programs, namely: 1) Arabic language guidance, 2) English language guidance, and 3) Extracurricular activities, and improving the productivity of independent madrasah business, namely cocoa farming; Management of Independent Business Development at Madrasah Aliyah As'adiyah No.16 Pengkendekan Sabbang District, North Luwu Regency is carried out by expanding the scope of business or business diversification, namely by developing new types of business in new business areas; and Management of Development of Madrasah Aliyah As'adiyah. This research implies that it is necessary to maximize the development of Madrasah with independent business to produce quality graduates in Islamic religious knowledge and entrepreneurship.