Economic development based on international enterpreneurship and business tourism
Economic development based on international enterpreneurship and business tourism

Summary/Abstract: The article deals with business and professional activity, as well as migration as the driving force of the economic development of different countries. The concepts of business and corporate activity, which emerged in connection with the globalisation of the world economy, help to reduce social and economic inequality. Business activities, business trips and tourism in general have grown worldwide because of a number of factors relating to both the demand and supply sides. Business activity involves individual and small group travel, as well as the development of tourist destinations. This may include small and larger meetings, for example conventions, conferences, trade fairs and exhibitions. The acronym MICE is often used to categorise business tourists according to the purpose of their trip, whether it is a meeting, a conference (convention, congress) or an exhibition (event). Based on the data provided by the World Travel & Tourism Council (WTTC), it was possible to identify business activity in the travel and tourism industry in the whole world. The relevant figures and percentage changes have been analysed in the present article. The participation of government officials in promotion of tourism destinations through partnership agreements, collaboration and common projects has been observed. All the companies and industries involved in the field of tourism experiences are considerably affected by rapid changes in the business environment brought about mainly by globalisation and advancements in information and communication technologies. Partnership and international agreements, as well as collaboration, play an important role in the development of business activity in Ukraine. The market for business tourism services and facilities is extremely dynamic and highly sensitive to changes in the political, economic and social environment.

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