New institutions for socio-economic development the change of paradigm from rationality and stability to responsibility and dynamism

The strategies and practical approaches for socio-economic development are undergoing systemic changes under the influence of new developments in global economic systems and markets. The most significant factors influencing such changes are connected to the start of the Fourth Industrial Revolution...

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Bibliographic Details
Other Authors: Popkova, Elena G., Zavyalova, Elena
Format: eBook
Language:English
Published: Berlin De Gruyter, [2021]
Series:Interdisciplinary thought of the 21st century. Management, economics and law ; volume 5
Subjects:
Online Access:EBSCOhost
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245 0 0 |a New institutions for socio-economic development  |b the change of paradigm from rationality and stability to responsibility and dynamism  |c edited by Elena G. Popkova and Elena Zavyalova. 
264 1 |a Berlin  |b De Gruyter,  |c [2021] 
300 |a 1 online resource. 
490 1 |a Interdisciplinary thought of the 21st century. Management, economics and law,  |x 2626-7063 ;  |v volume 5 
520 |a The strategies and practical approaches for socio-economic development are undergoing systemic changes under the influence of new developments in global economic systems and markets. The most significant factors influencing such changes are connected to the start of the Fourth Industrial Revolution (Industry 4.0), which is impacting all economic systems to a greater or lesser extent. The creation of the digital economy and transition to Industry 4.0 particularly increases the significance of hi-tech for socio-economic development. Secondly, there is now a transition underway from a period of unlimited globalization and comprehensive integration to more limited globalization and selective economic integration. The growing importance of regionalization on the global economic system is manifested in the formation and rapid development of new integration unions at the regional or country level (e.g., the EU and the EAEU), and company level (e.g., regional sectoral economic clusters, special economic areas, technological parks, and innovative networks). Thirdly, there's an urgent need for faster innovation, which leads to the formation of more innovative economies. The global financial crisis drew attention to the problems of managing sustainability and achieving balance in socio-economic development. The formation and exponential growth of the information society, based on digital technologies, is now stimulating the growth and significance of corporate social and environmental responsibility as a prerequisite for entrepreneurial success. Thus, the paradigm of socio-economic development is changing from absolute rationality (economic effectiveness) and stability - which has historically been associated with problems of stagnation - to responsibility (limited and socially-oriented rationality) and dynamism (quick innovative development based on leading technologies). This book aims to provide a scientific substantiation for this new paradigm. 
505 0 |a Institutions of strategic foreign economic interaction and the latest experience of their functioning in the modern global economy -- Insitutional foundations of state regulation of economy as a response to new global challenges of the modern time -- Insistutions of the "knowledge economy" and the competence-based approach to their development -- The institutional basis of corporate management for rapid economic developemnt. 
504 |a Includes bibliographical references and index. 
588 0 |a Online resource; title from PDF title page (EBSCO, viewed June 18, 2021). 
653 0 |a Economic development. 
653 0 |a Industry 4.0. 
653 0 |a Social responsibility of business. 
653 0 |a Technological innovations. 
655 0 |a EBSCO eBooks  |9 905790 
655 4 |a Electronic books.  |9 899821 
700 1 |a Popkova, Elena G.,  |9 914638 
700 1 |a Zavyalova, Elena,  |9 914639 
830 0 |a Interdisciplinary thought of the 21st century.  |p Management, economics and law ;  |v volume 5  |9 914028 
856 4 0 |3 EBSCOhost  |u https://www.lib.tsu.ru/limit/2023/EBSCO/2932780.pdf 
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