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Concepts, Strategies and Mechanisms of Economic Systems Management in the Context of Modern World Challenges

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Concepts, strategies and mechanisms of economic systems management in the context of modern world challenges Scientific monograph VUZF University of Finance, Business and Entrepreneurship (Sofia, Bulgaria) 2021 1 2 Authors: Afanasyev Kostyantyn Mikelsone Elina Bezpartochna Olesia Morozov Viktor Bezpartochnyi Maksym Nadtochii Iryna Britchenko Igor Niemirich Oleksandra Buhrimenko Roman Nikitina Alina Burmaka Tetyana Nosach Larisa Chobal Liudmyla Novalska Nadiia Daudrikh Yana Ogor Hanna Donchenko Tetiana Olshanskiy Oleksandr Drejeris Rolandas Olshanskiy Vasyl Gasinska Ilona Ozeliene Danguole Hanechko Iryna Pásztó Vivien Havrylko Petro Pohozhykh Mykola Havrysh Andrii Polstyana Nadegda Horiashchenko Yuliia Pulianovych Olena Huba Maryna Revenko Nadia Hubenia Viacheslav Rusnak Alla Hushtan Tetyana Skyrda Olena Indus Kateryna Smirnova Polina Kapinos Hennadii Somkina Tetiana Kartashova Olga Spilbergs Aivars Kindzerski Yuri Tkachenko Olha Klymenko Viktoriia Tkachova Svitlana Kolodiychuk Anatoliy Tkachuk Yurii Kononenko Tatyana Trubei Oksana Kozlinskis Vulfs Trushkina Nataliia Kruhlova Olena Tsenkler Natalia Kuranovic Veslav Ustymenko Ihor Larionova Kateryna Vazov Radostin Lielā Elita Velychko Kateryna Liulka Oleksandr Volkova Tatjana Lomonosov Dmytro Voloshyn Andrii Lozova Ganna Yushchenko Nadiia Matiushenko Raisa Zghurska Oksana Mezentseva Olga Zubko Tetiana 3 Chief Editor: Assoc. Prof. Dr. Grigorii Vazov Members: Prof. Doctor of Economic Sciences Metodi Hristov Prof. Dr. Radoslaw Grabowski Prof. Dr. Daniela Bobeva Prof. Dr. Emilia Milanova Prof. Dr. Virginia Zhelyazkova Prof. Dr. Grigor Dimitrov Assoc. Prof. Dr. Yakim Kitanov Assoc. Prof. Dr. Desislava Yosifova Assoc. Prof. Dr. Stanislav Dimitrov Assoc. Prof. Dr. Krassimir Todorov Assoc. Prof. Dr Daniela Ilieva Recommended for publication by the Editorial Board of the VUZF University of Finance, Business and Entrepreneurship Reviewers (international scientific editoral board): Piotr Jarosz – prof. dr hab., Vice-rector, University of Socio- Economics in Przeworsk, Poland Tadeusz Olejarz – dr hab., Vice-Dean for Development, Faculty of Management, Rzeszow University of Technology, Poland Ivan Tkach – Prof., Doctor of Sciences, The National Defence University of Ukraine named after Ivan Cherniakhovskyi, Ukraine Concepts, strategies and mechanisms of economic systems management in the context of modern world challenges: scientific monograph // VUZF University of Finance, Business and Entrepreneurship. – Sofia: VUZF Publishing House “St. Grigorii Bogoslov”, 2021. – 393 p. Reproduction or citation reference is mandatory. © Collective of Authors © VUZF Publishing House “St. Grigorii Bogoslov”, Sofia, 2021 ISBN 978-619-7622-11-9 4 Concepts, strategies and mechanisms of economic systems management in the context of modern world challenges Contents INTRODUCTION ……………………………………………..…..… 9 Chapter 1 MODERN GLOBAL CHALLENGES AND THE TRANSFORMATION OF ECONOMIC SYSTEMS MANAGEMENT …………………………………………………… 10 Kindzerski Yu. Ukrainian economy facing the challenges of deindustrialization …………………………………………………………………...... 10 Morozov V., Mezentseva O. Development of complex projects of based on optimization models with using of data mining …………….…………………………... 25 Smirnova P., Buhrimenko R. Scientific approach transformation for liquidity and solvency assessment ………………………………………………………... 35 Yushchenko N. The use of fuzzy logic in decision support systems for evaluating investment projects for the modernization of heat power industries in aims of Ukraine achieving carbon neutrality ………………....….. 45 Chapter 2 CONCEPTUAL APPROACHES TO THE ECONOMIC SYSTEMS MANAGEMENT ……………………………………………….…... 55 Burmaka T. Classification of types of socio-economic system development …. 55 Gasinska I., Kuranovic V. Intermodal logistics strategic management performance, case of situation analysis of China road-railway transportation process …………………………………………………………………….. 67 5 Nadtochii I., Pulianovych O. Competitiveness management of regional economic systems: conceptual approach, problem statement, principles of modeling .. 75 Ogor H. Corporate structures are a source of increasing the competitiveness of small and medium enterprises ………………………………..... 86 Chapter 3 INNOVATIONS AND MODERN TECHNOLOGIES IN THE ECONOMIC SYSTEMS MANAGEMENT …………………...... 104 Horiashchenko Yu. Innovative ecosystem as a modern paradigm of innovative development of Ukraine ………………………………………… 104 Hushtan T., Indus K., Chobal L. Modification of principles and tasks of innovative activity of enterprises in the macroeconomic environment ……………..….. 114 Larionova K., Donchenko T., Kapinos H. Innovative restructuring of the enterprise: essence and features of management ………………………………………………….…. 124 Olshanskiy O., Olshanskiy V., Tkachenko O., Tkachova S. Coordination of business process management with strategic development of companies ……………………………………… 134 Revenko N. Mechanism of innovation of management of development processes and ensuring competitiveness of economic systems ………...….. 145 Rusnak A., Lomonosov D. Methods and mechanisms of management of innovative activity at the enterprises: world experience and practice of application ….. 166 Velychko K., Nikitina A., Nosach L. Blockchain as a driver of digitalization: essence, competitive advantages and approaches to regulation in the world and Ukraine ………………………………………………………………….... 176 6 Chapter 4 DEVELOPING AND IMPLEMENTATION OF STRATEGIES FOR THE ECONOMIC SYSTEMS MANAGEMENT IN CERTAIN SECTORS OF THE ECONOMY …………………… 187 Bezpartochnyi M., Britchenko I., Vazov R. Agriculture in Bulgaria: from European Union accession to the COVID-19 pandemic ………………………………………..….. 187 Kartashova O., Huba M. Priorities for environmental safety in the agricultural sector ….... 207 Klymenko V., Lozova G., Novalska N. Development of multimodal transport corridors to ensure economic growth in Ukraine ………………………………………………. 216 Zghurska O., Somkina T. Strategic innovative solutions in the system of enterprise activity planning ………………...……………………………………….. 226 Chapter 5 MECHANISMS FOR ENSURING THE COMPETITIVENESS AND DEVELOPMENT OF ECONOMIC SYSTEMS …….…… 238 Drejeris R., Ozeliene D. Modelling company’s sustainability: from utopia to reality ......... 238 Kononenko T., Polstyana N. Features of competition in the hospitality industry on the hotel services quality …………………………………...……………... 270 Kruhlova O., Pohozhykh M., Niemirich O., Ustymenko I., Havrysh A., Skyrda O., Hubenia V., Liulka O., Tkachuk Yu., Matiushenko R. Technology of dried food products and food products using it: evaluation of efficiency and implementation prospects ………… 282 Voloshyn A. Production function as a tool of research on the competitiveness of industrial small and medium enterprises of Ukraine: theory and practice …………………………………………………….……. 299 7 Chapter 6 USE OF MODERN INFORMATION TECHNOLOGIES AND DIGITALIZATION OF BUSINESS PROCESSES …………..… 306 Bezpartochna O., Trushkina N. E-commerce in the age of digital transformation ……………...... 306 Gasinska I., Kuranovic V. China multimodal transportation strategic challenges of international network development issues ……………………………………. 319 Hanechko I., Afanasyev K., Trubei O., Zubko T. Information technologies in project financing ………………..… 332 Havrylko P., Kolodiychuk A., Tsenkler N. Information support of controlling in management of trade networks …………………………………………………………………… 347 Mikelsone E., Kozlinskis V., Volkova T., Spilbergs A., Lielā E. Innovations and modern technologies: web-based idea management systems and alternatives ………………………………………… 356 Chapter 7 TRANSFORMATION OF EDUCATION SYSTEM MANAGEMENT IN THE CONDITIONS OF MODERN WORLD CHALLENGES ……………………………….……….………….. 369 Pásztó V. The role of ICT in the education system of Central Europe ….… 369 Chapter 8 IMPLEMENTATION NORMS OF INTERNATIONAL LAW AND EUROPEAN UNION LAW IN THE PROCESS OF ENSURING EFFECTIVE THE ECONOMIC SYSTEMS MANAGEMENT ………………………………………………………………………. 379 Daudrikh Ya. High-risk third countries in relation to eu legislation and financial action task force recommendations ……………………………... 379 CONCLUSION ……………………………………………………. 391 8 INTRODUCTION Modern global challenges caused by the COVID-19 pandemic force economic entities to develop and implement new strategies for managing economic systems, and states to form new concepts and visions for the further functioning and development of economic entities and mechanisms for overcoming the consequences of socio- economic crises. Improvement of modern strategies and mechanisms of anti-crisis management of economic systems and social processes is impossible without the use of scientific approaches and practical tools for optimizing the resource provision of economic entities, the formation various models of public-private partnership, collaboration of various infrastructure entities and the creation of institutional associations. To ensure the effective development and implementation of new concepts, strategies and mechanisms for managing economic systems it is necessary to use modern information technologies and innovations, create competitive advantages by enhancing the resource potential of economic entities, and develop promising and export-oriented sectors of the economy. The purpose of writing this scientific monograph is to substantiate the theoretical and methodological foundations, the formation and improvement of new concepts, strategies for the further functioning of economic systems and the develop of organizational-economic mechanisms to overcome the negative consequences caused by the COVID-19 pandemic taking into account
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