IDEAS home Printed from https://ideas.repec.org/a/bal/journl/2256-074220217211.html
   My bibliography  Save this article

Intelligent Drivers Of Smart Economy In The Global Ecosystem

Author

Listed:
  • Iryna Kalenyuk

    (Kyiv National Economy University Named After Vadym Hetman, Ukraine)

  • Liudmyla Tsymbal

    (Kyiv National Economy University Named After Vadym Hetman, Ukraine)

  • Iryna Uninets

    (National Pedagogical Dragomanov University, Ukraine)

Abstract

Consistent and pervasive intellectualization and greening of the economy is manifested in the formation of Smart Economy, which is seen as a modern form of global ecosystem development. An important role in it is given to the latest technologies – information and communication technologies, which are becoming an important tool for "smart" management of processes and relationships between elements and actors at different levels in the global ecosystem. The research methodology is based on the systematization of theoretical approaches to understanding the concept of "Smart Economy", based on which the author's position on defining the essence, structure and key drivers of Smart Economy development is formulated. The aim of the article is to identify the main intellectual factors in the formation of the Smart Economy within the global ecosystem. Smart Economy is defined in a narrow (means of organizing economic relations and relationships within a certain locality) and broad sense, a system of economic relations based on the use of modern smart technologies, implementation of the principles of sustainability and social responsibility and subject to the creation of comfortable and safe conditions of life of citizens). The key processes of the formation of Smart Economy are: intellectualization, digitalization, greening, socialization, institutionalization and urbanization. The content of key intellectual drivers of Smart Economy and modern trends of their development are revealed: expansion of human role as a subject of social, cultural, ecological and moral values, subject of values of sustainable development, subject of social relations (property, management); increasing the importance and implementation in all spheres of social activity of important global and strategically important values of environmental protection, providing a comfortable environment (economic, social, political, business environment, etc.); results of intellectual activity (newest technologies, products) become an important factor of development and a tool for ensuring relationships and interactions between all components of the ecosystem; transformation of the management process: involvement of a wider range of actors, development of new mechanisms for the involvement of all actors and stakeholders in the decision-making process.

Suggested Citation

  • Iryna Kalenyuk & Liudmyla Tsymbal & Iryna Uninets, 2021. "Intelligent Drivers Of Smart Economy In The Global Ecosystem," Baltic Journal of Economic Studies, Publishing house "Baltija Publishing", vol. 7(2).
    • Handle: RePEc:bal:journl:2256-0742:2021:7:2:11
    DOI: 10.30525/2256-0742/2021-7-2-91-100
    as

    Download full text from publisher

    File URL: http://www.baltijapublishing.lv/index.php/issue/article/view/1102/1143
    Download Restriction: no
    File URL: http://www.baltijapublishing.lv/index.php/issue/article/view/1102
    Download Restriction: no
    File URL: https://libkey.io/10.30525/2256-0742/2021-7-2-91-100?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Charles Wessner, 2004. "Entrepreneurship and the Innovation Ecosystem Policy Lessons from the United States," Papers on Entrepreneurship, Growth and Public Policy 2004-46, Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group.
    2. Margarita Angelidou, 2016. "Four European Smart City Strategies," International Journal of Social Science Studies, Redfame publishing, vol. 4(4), pages 18-30, April.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Muxi Yang & Guofang Zhai, 2024. "Measurement and Influencing Factors of Economic Resilience over a Long Duration of COVID-19: A Case Study of the Yangtze River Delta, China," Land, MDPI, vol. 13(2), pages 1-22, February.
    2. Ana Babic & Jelena Jardas Antonic & Barbara Buljat, 2022. "Ranking Of Croatian Cities According To Hellwig'S Information Capacity Method In The Smart Economy Dimension," Economic Thought and Practice, Department of Economics and Business, University of Dubrovnik, vol. 31(2), pages 347-368, december.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. V. E. Seliverstov, 2020. "Akademgorodok 2.0 as a Regional Scientific and Innovation Ecosystem: Problems of Formation and Management," Regional Research of Russia, Springer, vol. 10(4), pages 454-466, October.
    2. Johannes Stübinger & Lucas Schneider, 2020. "Understanding Smart City—A Data-Driven Literature Review," Sustainability, MDPI, vol. 12(20), pages 1-23, October.
    3. Никонова А.А., 2018. "Трансформация Моделей Инноваций В Экономической Динамике," Журнал Экономика и математические методы (ЭММ), Центральный Экономико-Математический Институт (ЦЭМИ), vol. 54(4), pages 3-28, октябрь.
    4. Marta Christina SUCIU & Adrian PETRE, 2018. "The Accelerated Development Of Information And Communication Technologies And Their Role Within Smart Cities," Smart Cities International Conference (SCIC) Proceedings, Smart-EDU Hub, Faculty of Public Administration, National University of Political Studies & Public Administration, vol. 6, pages 137-146, November.
    5. Gabriel Koman & Oliver Bubelíny & Dominika Tumová & Radoslav Jankal, 2022. "Sustainable transport within the context of smart cities in the Slovak republic," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 10(1), pages 175-199, September.
    6. Negar Noori & Thomas Hoppe & Martin de Jong, 2020. "Classifying Pathways for Smart City Development: Comparing Design, Governance and Implementation in Amsterdam, Barcelona, Dubai, and Abu Dhabi," Sustainability, MDPI, vol. 12(10), pages 1-24, May.
    7. Daxin Gong & Xiaofan Shan, 2023. "How Does Smart City Construction Affect Urban–Rural Collaborative Development? A Quasi-Natural Experiment from Chinese Cities," Land, MDPI, vol. 12(8), pages 1-14, August.
    8. Nancy Micozzi & Tan Yigitcanlar, 2022. "Understanding Smart City Policy: Insights from the Strategy Documents of 52 Local Governments," Sustainability, MDPI, vol. 14(16), pages 1-26, August.
    9. Clement, Dr. Jessica & Crutzen, Prof. Nathalie, 2021. "How Local Policy Priorities Set the Smart City Agenda," Technological Forecasting and Social Change, Elsevier, vol. 171(C).
    10. Mauro ROMANELLI, 2021. "Rediscovering urban intelligence within cities by technologies," Smart Cities and Regional Development (SCRD) Journal, Smart-EDU Hub, Faculty of Public Administration, National University of Political Studies & Public Administration, vol. 5(3), pages 115-122, July.
    11. Mauro ROMANELLI & Antonella ROMANELLI, 2021. "Intelligent cities dealing with technology for sustainability," Smart Cities International Conference (SCIC) Proceedings, Smart-EDU Hub, Faculty of Public Administration, National University of Political Studies & Public Administration, vol. 9, pages 277-283, November.
    12. Michael Kitson, 2005. "Policy Debates," Regional Studies, Taylor & Francis Journals, vol. 39(7), pages 987-1001.
    13. David B. Audretsch & Georg M. Eichler & Erich J. Schwarz, 2022. "Emerging needs of social innovators and social innovation ecosystems," International Entrepreneurship and Management Journal, Springer, vol. 18(1), pages 217-254, March.
    14. Nammi Kim & Seungwoo Yang, 2021. "Characteristics of Conceptually Related Smart Cities (CRSCs) Services from the Perspective of Sustainability," Sustainability, MDPI, vol. 13(6), pages 1-48, March.
    15. Allan Villegas-Mateos, 2022. "Toward a Sustainable Entrepreneurial Ecosystem in Qatar," Sustainability, MDPI, vol. 15(1), pages 1-17, December.
    16. Demokaan Demirel, 2023. "The Impact of Managing Diversity on Building the Smart City A Comparison of Smart City Strategies: Cases From Europe, America, and Asia," SAGE Open, , vol. 13(3), pages 21582440231, July.
    17. Könnölä, Totti & Eloranta, Ville & Turunen, Taija & Salo, Ahti, 2021. "Transformative governance of innovation ecosystems," Technological Forecasting and Social Change, Elsevier, vol. 173(C).
    18. Chang, Victor, 2021. "An ethical framework for big data and smart cities," Technological Forecasting and Social Change, Elsevier, vol. 165(C).

    More about this item

    Keywords

    Smart Economy; intellectualization; greening; sustainable development; green development; smart development;
    All these keywords.

    JEL classification:

    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bal:journl:2256-0742:2021:7:2:11. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Anita Jankovska (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.