The paper analyzes the Digital Economy and Society Index (DESI), which characterizes the development of digital economy. Based on the data of 28 European countries for 2013–2018, using the panel regression, we studied the influence of the consumption index growth by the purchasing power parity and unemployment among the active population on the structural units of DESI. It is shown that a 1% increase in the consumption index results in about 0.2 increase in the DESI, and an increase in unemployment by 1% leads to about 0.2 DESI decline. It is also shown that the 98% value of DESI is actually determined by its previous trends, and therefore it is impossible to increase this index rapidly. Some reflections and conclusions are made on the perspective of the developing states, i.e., Ukraine, that is not yet assessed in DESI ranking.
The term “energy security” is used almost everywhere in economic and political discussions related to energy supply. However, different authors use different meanings to express the concept of energy security. Quite often, this term is used to give more importance or relevance to issues that are often not inherently related to energy security. Attempts to define the essence of the concept of “energy security” have hitherto not been systematic and are characterized by a variety of approaches, and some insufficient justification especially in the aspect of state national security is notable. Our contribution to the discourse development is the consideration of energy security as part of internationally recognized indices that are developed to assess the temperature of world security. A regression modeling approach to test the crucial factors of social-economic development that impact the energy security indicators is presented. The literature analysis and review of the world’s existing national security indices show that the link between energy security and national security is in fact hardly considered. Mostly, energy security is considered in the dichotomy concerning economic security at the international, as well as national levels. The calculative regression modeling revealed that the significant correlation of economic and energy security is just for the U.S.A., the rest of the analyzed countires display the weak or non-significant correlations of the indices of economic/energy/security threats. That pushes the discussion on whether energy security is indeed so impactful a factor for geo-policy and geo-economy, or whether it is mostly the well-rolled media-supported megatrend. However, the present study notes a great shortage of long-term cross-state indices to reflect energy, economic, and national security to allow for valuable modeling.
1 September 2018 in Journal of International Studies
Energy issue stays a top priority for the national security of most countries. Despite numerous international forums, large-scale geoeconomic research, international and national projects, and the development of appropriate strategies, the issue of energy security assessment and understanding of its terminology is not a universal practice. The presented study has an ambitious goal to develop a methodology that can provide an objective picture of the energy sector on an international scale with cross-country comparisons under the influence of modern megatrends. Based on 29 indicators, according to the World Bank data since 1991, the energy security index is calculated for the set of world states with further analysis of the cluster dynamics of their common trends in energy security. The index showed its objectivity and resistance to existing shocks in geoeconomic dynamics. An important feature of the proposed index is the possibility to compare the energy security index with 1. This value is, in fact, a European average: if a country has an energy security index greater than 1, it means that its energy level is currently better than the European average, and if it is lower than 1, it means that it is inferior to the level of energy security currently achieved on average in Europe. The concept of calculating the index of energy security of the state is based on a unified comparison of all countries, which allows us to move away from the use of signaling approaches and eliminate subjectivity in calculations, as well as provide a basis for dynamic comparison of energy security. The vital aspect of the index is that it takes into account changes in the energy paradigm, the transition to alternative energy sources, and the comprehension of the role of energy efficiency, in particular, of fossil fuels. The study identifies clusters of countries that have consistent similarities in energy security, which can usually be of practical interest in developing energy strategies and understanding the similarity of geoeconomic interests of these states. Thus, this article contributes not only to the development of scientific approaches to the assessment of energy issues, in particular, through the methodological development of a representative index, but also through the presentation of statistically sound results for further effective management decisions at the state level.
Existing definitions of entrepreneurship highlight the functional role of entrepreneurs, emphasizing their responsibilities for coordination, allocating resources, making decisions, supplying capital, innovation, and bearing uncertainty. This research analyzes the impact that external funding and supportive soft-skills mechanisms such as mentorship, advice, and networking with experienced entrepreneurs have on transforming the entrepreneurial attitude of new entrepreneurs. In measuring attitudes regarding entrepreneurial success, a series of variables specific to the nature of the analyzed entrepreneurial ecosystem are revealed and adapted, starting from psychological research. This approach is implemented to evaluate the self-perception of efficacy and transformation of entrepreneurs after initiating their companies. The survey of Romanian new entrepreneurs is considered as the database. The Global Entrepreneurship Monitor (GEM) data set is used to consider entrepreneurial motives and impacts at the macrolevel. The correlation analysis, statistical tests, and ANOVA helped to reveal the differences in attitudes to mentorship and similar indicators in the Romanian business environment. The novelty of the research is seen in the consideration of field cases and a global monitoring data set through the prism of ground mathematical methods. The focus on boosting new entrepreneurs with a mixture of finance and soft skills support simultaneously addresses a research gap that is slightly closed by this research. The study showed that the mentoring program for new entrepreneurs increased their self-confidence, especially for young people, taught them how to run a company without outside interference, and significantly transformed the mentality of the participants in the experiment. Thus, the policy of supporting new entrepreneurs not only financially, but also in skills, has good prospects and needs to be intensified.
About Me
Professor of Economic Cybernetics Department, Faculty of Economics, Taras Shevchenko National University of Kyiv
Professor of Economic Cybernetics Department, Faculty of Economics, Taras Shevchenko National University of Kyiv