Another issue of scientific journal Vol.30 No.1 2024 has been published

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International entrepreneurship as a factor of Ukrainian territorial communities’ success

Title: 


International entrepreneurship as a factor of Ukrainian territorial communities’ success


Authors: 


Panukhnyk, Olena
Yanchynskyi, Rostyslav


Affiliation: 


Ternopil Ivan Puluj National Technical University 56 Ruska str., 46001, Ternopil, Ukraine


Bibliographic description (International): 


Panukhnyk, O. & Yanchynskyi, R. (2024) International entrepreneurship as a factor of Ukrainian territorial communities’ success. Socio-Economic Problems and the State (electronic journal), Vol. 30, no. 1, pp. 131-139. URL: http://sepd.tntu.edu.ua/images/stories/pdf/2024/24povthu.pdf


Journal/Collection: 


Scientific Journal "Socio-Economic Problems and the State"


Issue: 


1(30)


Issue Date: 


Jun-2024


Submitted date: 


May-2024


Date of entry: 


29-Jul-2024


Publisher: 


Ternopil Ivan Puluj National Technical University


Country (code): 


UA


Place of the edition/event: 


Ternopil


ORCID Id: 


https://orcid.org/0000-0001-7381-6885
https://orcid.org/0009-0000-4207-5850


DOI: 


https://doi.org/10.33108/sepd2024.01.131


UDC: 


334.012.32:339.92:332.14:334.722


JEL: 


M21
R11


Keywords: 


business
international entrepreneurship
territorial community
economic development


Number of pages:

 

9


Page range: 


131-139


Start page: 


131


End page: 


139


Abstract: 


The article examines the significant role of the definition of “international entrepreneurship” as an element of the successful development of territorial communities in Ukraine. The modern trends of the flourishing of business on the international arena, its significant importance in the economic development of the country’s regions and communities, are highlighted, as well as the impact of globalization on the progress of local economies and the exit of domestic entrepreneurs to the foreign market. The article shows that the activation of international entrepreneurship contributes to the socio-economic progress of territorial communities of Ukraine, the creation of new jobs, an increase in the level of education of the population, modern professional training of local residents, an increase in people's incomes, the development of infrastructure, an increase in the investment attractiveness of communities and the integration of the Ukrainian economy into world processes. Key obstacles to the progress of international entrepreneurship are described, including legal and economic difficulties, insufficient state support, limited access to financial resources, high turnover of the labor part of the population, corruption processes, low level of international cooperation, lack of mechanisms for protecting invested funds. Along with this, the article provides specific measures to stimulate international entrepreneurship - mechanisms for supporting local entrepreneurs, creating favorable conditions for attracting foreign investment, simplifying regulatory mechanisms, improving entrepreneurial culture and skills, developing infrastructure, and using modern technologies. It is important to determine the main priorities for the development of territorial communities and international entrepreneurship thanks to the rational use of labor, financial and other resources. The cause-and-effect nature of socio-economic transformations in modern conditions is presented, and the importance of the integration of the Ukrainian economy into global processes is also emphasized.


Sponsorship: 


The authors received no direct funding for this research.


URI: 


http://elartu.tntu.edu.ua/handle/lib/46166


ISSN: 


2223-3822


Copyright owner: 


Scientific Journal "Socio-Economic Problems and the State"


URL for reference material: 


http://sepd.tntu.edu.ua/images/stories/pdf/2024/24povthu.pdf
https://doi.org/10.5281/zenodo.10804053
https://ird.gov.ua/irdp/p20220033.pdf
https://doi.org/10.24025/2306-4420.66.2022.268564
https://unctad.org/system/files/official-document/wir2024_en.pdf
https://doi.org/10.31734/economics2019.26.005
https://decentralization.ua/finance/dashboard


References (International): 


1. Kolodiichuk, A. V. and oth. (2022), Mizhnarodne pidpryiemnytstvo [International entrepreneurship] : pidruchnyk. Lviv, 191.
2. Bala, O., Ivantsyk, V. (2024), Vykhid na mizhnarodni rynky dlia ukrainskykh pidpryiemstv : novi vyklyky voiennoho chasu [Access to international markets for Ukrainian enterprises : new challenges of wartime]. Akademichni vizii [Academic Visions], no. 29. DOI: https://doi.org/10.5281/zenodo.10804053.
3. Shtal, T. V., Kozub, V. O., Bondarenko, L. M. (2017), Formuvannia investytsiinoi stratehii vitchyznianym pidpryiemstvom u mizhnarodnomu biznesi [Formation of an investment strategy by a domestic enterprise in international business]. Naukovyi visnyk Uzhhorodskoho universytetu [Scientific Bulletin of Uzhhorod University], no. 1 (49), 213-216 pp.
4. Storianska, I. Z. (Ed.) (2022), Ekonomika rehioniv Ukrainy v umovakh viiny : ryzyky ta napriamky zabezpechennia stiikosti [The economy of the regions of Ukraine in the conditions of war : risks and directions of ensuring stability] : sci. and analyt. ed., Institute of Regional Studies named after M. I. Dolishnyi of National Academy of Sciences of Ukraine, Lviv. URL: https://ird.gov.ua/irdp/p20220033.pdf (accessed 15 March 2024).
5. Kolomytseva, O. V., Prodanova, L. V. (2022), Biznes-struktury terytorialnykh hromad Ukrainy v umovakh viiskovoho stanu : problemy funktsionuvannia [Business structures of territorial communities of Ukraine under martial law : problems of functioning]. Zbirnyk naukovykh prats ChDTU [Economic Bulletin of Cherkasy State Technological University], 66, 17-29 pp. DOI: https://doi.org/10.24025/2306-4420.66.2022.268564.
6. World investment report 2024 : Investment facilitation and digital government (2024). United Nations Conference on Trade and Development, UNCTAD. URL: https://unctad.org/system/files/official-document/wir2024_en.pdf (accessed 30 March 2024).
7. Vaskivska, K., Naumenko, V., Dovbenko, A., Shuieva, D. (2019), Aktyvizatsiia pidpryiemnytskoi diialnosti obiednanykh terytorialnykh hromad v umovakh riznoukladnosti [Activation of entrepreneurial activity of united territorial communities in conditions of diversity]. Visnyk LNAU : ekonomika APK [Bulletin of the LNAU : Agriculture Economy], no. 26, 5-10 pp. DOI: https://doi.org/10.31734/economics2019.26.005
8. «Dashbord «Biudzhety terytorialnykh hromad Ukrainy» [«Dashboard «Budgets of Territorial Communities of Ukraine»]. Detsentralizatsiia [Decentralization]. Available at: https://decentralization.ua/finance/dashboard (accessed 10 April 2024).
9. Hrynyshyn, H. M. (2022), Rozvytok pidpryiemnytskykh initsiatyv v terytorialnykh hromadakh [Development of entrepreneurial initiatives in territorial communities]. Orhanizatsiino-ekonomichni ta sotsialni skladovi rozvytku pidpryiemnytstva [Organizational, economic and social components of entrepreneurship development] : zb. materialiv Vseukr. nauk.-prakt. konf., 25.05.2022. Lviv : LNUP, 301-304 pp.


Content type: 


Article


Appears in Collections:


Scientific Journal "Socio-Economic Problems and the State", Vol.29, No.2

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