International Journal of Innovative Technologies in Economy

Journal Information
ISSN / EISSN : 2412-8368 / 2414-1305
Published by: RS Global Sp. z O.O. (10.31435)
Total articles ≅ 241
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Latest articles in this journal

Yevgenya Mikayelyan
International Journal of Innovative Technologies in Economy; https://doi.org/10.31435/rsglobal_ijite/30092022/7846

Abstract:
The article analyzes scenario approaches to the development of the energy system of the world, as well as agreeing on the positive and negative sides, and proposes practical mechanisms to improve the efficiency of the energy system of the NKR. Modern models of energy development are presented in the article, of which 6 are mainly used. The necessity of using the SCANNER model to improve the efficiency of the energy system of the NKR is especially emphasized, because it is as close to reality as possible.
Aik Wirsbinna
International Journal of Innovative Technologies in Economy; https://doi.org/10.31435/rsglobal_ijite/30092022/7841

Abstract:
The LoRaWAN technology is repeatedly mentioned in connection with smart city initiatives, as it moves in the field of connectivity and IoT environment. This paper examines the role of LoRaWAN in smart city strategy and what vulnerabilities are known in the project using LoRaWAN. With help of a concrete use case of the city of Pforzheim (Germany), a SWOT model is set up and tested with experts. From this it can be deduced that the LoRaWAN technology is currently undergoing an interesting development but also has to overcome any hurdles in the urban environment.
Nuray Farman Gizi Rustamova
International Journal of Innovative Technologies in Economy; https://doi.org/10.31435/rsglobal_ijite/30062022/7827

Abstract:
The main purpose of the study is to analyze the current state and level of development of the logistics sector in Azerbaijan. The research was based on research methods such as comparative analysis and logical generalization. The article reflects the ongoing development with the establishment of logistics centers and junctions in the "Strategic Roadmap for the development of logistics and trade in the Republic of Azerbaijan", which began with the signing of the Contract of the Century. As a result of the study, the reasons and indicators of Azerbaijan's transformation into a global logistics hub were noted. The limitations of the study are that it requires more practical information. The practical significance of the study is to emphasize that the establishment of logistics centers will make Azerbaijan a center that can meet the needs of international freight.
George A. Muluh, Tsafack Miafo Dieubenit, Ngueuleweu Tiwang Gildas
International Journal of Innovative Technologies in Economy; https://doi.org/10.31435/rsglobal_ijite/30062022/7833

Abstract:
This paper examines the role of technological innovations on structural transformation on economies of Africa. To attain this objective, it uses a sample of 32 African countries. The estimation techniques are system GMM and two stage least Square. Results indicate that technological innovations, as measured by total patents applications, have a significant effect on per sector value added. This result supports the almost nonlinear relationship of structural transformation since this study shows that manufacturing is the dominant sector in the promotion of structural changes as far as the implementation of technological innovations is concerned. Also, our results highlight that with regards to the African context, manufacturing is the sector in which technological innovation has the greatest impact on per sector value added and by so doing, it promotes structural transformation than other sectors (services or agriculture sector). As policy implication, governments need to encourage technological infrastructure through private and public spending on research and development especially for agricultural development to foster structural transformation.
Tamma Shania Novia, Meythi Meythi
International Journal of Innovative Technologies in Economy; https://doi.org/10.31435/rsglobal_ijite/30062022/7845

Abstract:
The purpose of this observation is first, to determine the impact of Corporate Social Responsibility (CSR) implementation on the profitability of banking corporates registered on the Indonesia Stock Exchange (IDX) in the 2017-2021 period. The second is to determine the impact of Corporate Governance (CG) implementation on the profitability of banking corporates registered on the IDX in the 2017-2021 period. The sampling method is purposive sampling. Based on the results of the observation, it can be conducted that CSR has no significant effect on profitability, while CG with the indicators of institutional ownership, managerial ownership, board of commissioners, board of directors, and audit committee has a significant positive effect on profitability.
Riki Martusa, Meythi Meythi, Laurensia Vina Dharmawan
International Journal of Innovative Technologies in Economy; https://doi.org/10.31435/rsglobal_ijite/30062022/7843

Abstract:
This study investigates whether earnings quality affects to asymmetric cost behavior, i.e., sticky cost of listed firms of Jakarta Stock Exchange (JKSE). This study analyzes 1032 year-firms observations during 2012-2019 periods. This study investigates earnings quality on listed firms of JKSE during the period of IFRS adoption in 2012 and implementation of sustainability reporting voluntarily. This study finds that earnings quality influence to cost stickiness is supported. However, earnings quality negatively influences cost stickiness. The result of this study indicates that there is likely the effect of IFRS adoption in 2012 and implementation of sustainability reporting voluntarily since 2010 from listed firms on the JKSE on its earnings quality. This result is consistent with study of Banker, Basu, Byzalov, &Chen (2016). So higher earnings quality, lower cost stickiness. This study contributes theoretically to the literature on financial accounting, management accounting and cost management related to the topic of asymmetric cost behavior on earnings characteristics. This research also contributes practically to the ability of earnings quality in listed firms of the JKSE to reflect information on their financial performance related to the earnings quality by investors and financial analysts.
, Petunin A.V., , , Khrutba Y.S.
International Journal of Innovative Technologies in Economy; https://doi.org/10.31435/rsglobal_ijite/30062022/7842

Abstract:
The relevance of the topic is due to the need for improvement and further development of scientific and methodological provision of portfolio management processes within the portfolio management introduction in the field of project management of local (territorial) self-government, including projects of public participation (PP projects). The purpose of the study is to improve and further develop the scientific and methodological provisions of portfolio formation group processes under the conditions of PP projects' implementation, which are considered as the corresponding portfolio components. The study's objectives are as follows: 1) to establish a conceptual research foundation and to identify project management knowledge bases relevant to the research topic;2) to analyze the interrelated scientific and methodological approaches to: structuring categories; defining criteria for evaluation, selection and prioritization; optimization of PP project combinations as those presented in portfolios; 3) to formulate and check, using the database of public projects of Kyiv city, hypotheses relating to the insignificance of differences in the combination of PP projects, separated by thematic direction, which determine the feasibility of presenting projects of thematic areas in the relevant sub-portfolios of the overall PP project portfolio; 4) to propose the model for the formation of the optimal composition of the PP project portfolio recommended for implementation. The methods of the study The method of scientific identification was applied while forming the conceptual basis of the research; the method of comparative analysis was applied in the analysis of scientific and methodological approaches to structuring, definition of criteria (evaluation, selection, prioritization) and optimization of the PP project portfolio; to test the hypothesis of insignificance of differences in the combinations of PP projects, separated by thematic areas, the non-parametric criterion (test) of significance of Kruskal-Wallis was used; while building a model for the formation of the optimal composition of the PP project portfolio, the method of cost-benefit analysis, the time value of money concept, and an integer programming problem were applied.
Nargiza Karkashadze, Goderdzi Shanidze, Manana Shalamberidze, Sophiko Mikabadze
International Journal of Innovative Technologies in Economy; https://doi.org/10.31435/rsglobal_ijite/30062022/7828

Abstract:
The article discusses the role of agribusiness in the country's economy. It also outlines strategies aimed at creating an enabling environment for small and medium-sized enterprises, increasing their competitiveness and innovation opportunities, resulting in increased incomes and employment generation, and thus achieving inclusive and sustainable economic growth. The Government of Georgia has implemented and continues to implement programs for the development of the agricultural sector in the following directions: 1. The further improvement of the legislative, institutional business environment; 2. Improving access to finance; 3. Development of competitive human capital, entrepreneurial skills and modern entrepreneurial culture; 4. Export promotion and the internationalization of small and medium-sized businesses; 5. Supporting innovations, research and development. The article discusses what damage the pandemic has caused to the country's population and farmers. An analysis of the research results is also given, which revealed challenge facing small entrepreneurs engaged in the agricultural sector and those who are interested in agribusiness. The following training modules were conducted to address these problems: • Risk management; • The selection of marketing research methods, • Exploring new sources of funding; • Organizing marketing events; • Aspects of farming.
Merab Putkaradze, Landa Putkaradze
International Journal of Innovative Technologies in Economy; https://doi.org/10.31435/rsglobal_ijite/30062022/7826

Abstract:
Social-economic development of mountain regions mostly depends on maximum usage of existing resources, which constitutes of urgent issues of contemporaneity. In line with all this the special significance is granted to application of touristic and recreational resources in Georgia, which constitutes the priority trend for sustainable economic development of mountain regions. The work has studied the basic touristic and recreational properties of Makhuntseti Waterfall of Mountainous Adjaria and its place in tourism business development in the region. There is grounded the priority of natural-geographic and social-economic conditions necessary to establish Makhuntseti as a resort. Besides, under complex, unstable natural conditions and in terms of limited resources - the supremacy of tourism among business areas is determined and its further perspectives are established.
Tkachuk Natalia
International Journal of Innovative Technologies in Economy; https://doi.org/10.31435/rsglobal_ijite/30062022/7817

Abstract:
The article is devoted to highlighting the peculiarities of the evolutionary economy. The characteristic features of evolutionary changes in the economic system are highlighted. Emphasis is placed on the methodological principles of the development of complex systems. The position that the evolution of the economy and society is based on the laws of nonlinear development is substantiated. The peculiarities of the functioning of the modern economic system on the basis of instability and nonlinearity are revealed. It is emphasized that evolutionary economics is a relatively new direction of economic science, which considers economic processes as spontaneous, open, and irreversible, due to the interaction of external and internal factors. Signs of evolutionary economics from the standpoint of a nonlinear paradigm are also highlighted. The author proposes to study the evolution of the banking system from the standpoint of a nonlinear paradigm.
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