Safe Interaction Management of State Institutions and Business Entities Based on the Concepts of Evolutionary Economics: Modeling and Scenario Forecasting of Processes Cover Image

Safe Interaction Management of State Institutions and Business Entities Based on the Concepts of Evolutionary Economics: Modeling and Scenario Forecasting of Processes
Safe Interaction Management of State Institutions and Business Entities Based on the Concepts of Evolutionary Economics: Modeling and Scenario Forecasting of Processes

Author(s): Yevhenii Rudnichenko, Iuliia Dzhereliuk, Larysa Mykhalchyshyna, Svitlana Savina, Valentyna Pokotylova, Nataliia Havlovska
Subject(s): Business Economy / Management
Published by: UIKTEN - Association for Information Communication Technology Education and Science
Keywords: management; security; modeling; scenario forecasting; evolutionary economics;

Summary/Abstract: The basis of management processes at macro and micro levels is the adoption of balanced management decisions. Considering the high turbulence of the business environment and a significant number of threats, we can say that a mandatory requirement is to take into account their impact on the security of individual entities. Traditional approaches to forecasting socio-economic phenomena and processes do not always justify themselves due to their inertness. Therefore, the study proposes to use the postulates of evolutionary economics in order to better understand the existing phenomena and processes of interaction between state institutions and business entities. A scenario forecasting model for the influence of state institutions on the ecological niche of business entities is also developed. If relevant empirical data is available, it allows not only analyzing the behavior scenarios of individual entities within certain ecological niches, but also making forecasts of the certain scenarios implementation.This is an extremely effective tool for enterprise management from the position of making managerial decisions aimed at ensuring economic security and strategic development of relevant business entities.

  • Issue Year: 9/2020
  • Issue No: 1
  • Page Range: 233-241
  • Page Count: 9
  • Language: English