Convergence of dominant forms of investment capital in the development of socio-economic systems
DOI:
https://doi.org/10.15587/1729-4061.2024.299127Keywords:
capital convergence, investment capital, industrial revolution, capital mobility, system developmentAbstract
The object of this study is the dominant forms of investment capital and their convergence according to the stages of development of socio-economic systems. Any evolution has certain stages. The development of socio-economic systems is no exception. All processes and phenomena in the world, including development, occur cyclically and are interconnected with the stages of natural, social, and economic processes. According to the theory of economic cycles, such phenomena as the development of the socio-economic system, its crisis and innovations have a close relationship. Industrial revolutions became a vivid example of changes in the socio-economic development of complex systems. One of the main sources of financing for each stage of the industrial revolution is investment capital, which can be part of industrial, private, financial, banking, or intellectual capital. Depending on the signs of social relations, social system, etc. can take their forms.
Each of the stages of the industrial revolution is preceded by appropriate conditions that are associated with certain historical conditions at a specific moment in time. Considering the dominant forms of investment capital according to the stages of the industrial revolution, the reasons for their change should be noted. The process of convergence of investment capital is considered here.
One of the indicators that characterizes the efficiency of investment capital is its mobility or immobility. A number of macroeconomic factors affect the mobility of investment capital.
Considering the world structure of direct foreign investments, the main directions of their utilization have been indicated. The model of the convergence of the dominant forms of investment capital in the logistics system is presented in accordance with the stage of the industrial revolution and the features that accompany it
References
- Nikitin, D. (2022). World industrial revolutions as the basis of nanotechnological transformations. Change Management and Innovation, 3, 61–65. https://doi.org/10.32782/cmi/2022-3-11
- Hall, S. G., Tavlas, G. S., Wang, Y. (2023). Drivers and spillover effects of inflation: The United States, the euro area, and the United Kingdom. Journal of International Money and Finance, 131, 102776. https://doi.org/10.1016/j.jimonfin.2022.102776
- Lastovenko, О. V. (2013). Theoretical Aspects of Invested Capital Definition under Modern Conditions. Ekonomichnyi visnyk Donbasu, 2 (32), 92–95. Available at: https://core.ac.uk/download/pdf/87412549.pdf
- Bondarenko, O. S. (2011). Sutnist ta znachennia finansovykh potokiv u lohistychnykh systemakh promyslovykh pidpryiemstv. Investytsiyi: praktyka ta dosvid, 7, 43–46. Available at: http://nbuv.gov.ua/UJRN/ipd_2011_7_14
- Yermoshkina, O. V. (2009). Upravlinnia finansovymy potokamy promyslovykh pidpryiemstv: teoriya, praktyka, perspektyvy. Donetsk: Natsionalnyi hirnychyi universytet, 479.
- Prokhorova, V., Mushnykova, S., Kovalenko, D., Koleshchuk, O., Babichev, A. (2023). Convergence of educational technologies as an imperative for the development of innovation cooperation in the context of circular transformation. Eastern-European Journal of Enterprise Technologies, 4 (13 (124)), 26–35. https://doi.org/10.15587/1729-4061.2023.286183
- Goncharenko, S. (2017). The essence of convergence as a socio-economic phenomenon of enterprise development. Ekonomika. Menedzhment. Biznes, 4, 146–152. Available at: http://nbuv.gov.ua/UJRN/ecmebi_2017_4_22
- Lukianenko, D., Chuzhykov, V., Vozhniak, M. et al. (2010). Konverhentsiia ekonomichnykh modelei Polshchi ta Ukrainy. Kyiv: KNEU, 719.
- Babailov, V., Levchenko, Y. (2021). Logistics is a methodology. Problemy i perspektyvy rozvytku pidpryiemnytstva, 27, 4–14. https://doi.org/10.30977/PPB.2226-8820.2021.27.4
- Mushnykova, S. A. (2020). Formation of Parametric Constraints on Compliance with Development Safety and Enterprise Life Cycles. Business Inform, 2, 252–258. https://doi.org/10.32983/2222-4459-2020-2-252-258
- Raievnieva, O. V., Chankina, I. V. (2013). Modeli upravlinnia rozvytkom promyslovoho pidpryiemstva v umovakh transformatsiynoi ekonomiky. Kharkiv: VD «INZhEK», 264.
- Pylypenko, Y., Pylypenko, H., Prokhorova, V. V., Mnykh, O. B., Dubiei, Yu. V. (2021). Transition to a new paradigm of human capital development in the dynamic environment of the knowledge economy. Naukovyi Visnyk Natsionalnoho Hirnychoho Universytetu, 6, 170–176. https://doi.org/10.33271/nvngu/2021-6/170
- Pylypenko, Y., Prokhorova, V., Halkiv, L., Koleshchuk, O., Dubiei, Y. (2022). Innovative intellectual capital in the system of factors of technical and technological development. Naukovyi Visnyk Natsionalnoho Hirnychoho Universytetu, 6, 181–186. https://doi.org/10.33271/nvngu/2022-6/181
- Mushnykova, S. A. (2019). Convergence as a System Basis for Building the Conception of the Security Management of Industrial Enterprise Development. Business Inform, 11 (502), 336–342. https://doi.org/10.32983/2222-4459-2019-11-336-342
- Shaikh, A. M. (1999). Real Exchange Rates and the International Mobility of Capital. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.159690
- Alami, I. (2019). Class Matters: Global Capital Mobility and State Power in Emerging Economies. Available at: https://www.e-ir.info/2019/03/09/class-matters-global-capital-mobility-and-state-power-in-emerging-economies/
- Invested Capital. Available at: https://financial-dictionary.thefreedictionary.com/invested+capital
- World Investment Report 2023. Available at: https://unctad.org/publication/world-investment-report-2023
- Propozytsiyi Naukovoho komitetu Natsionalnoi rady Ukrainy z pytan rozvytku nauky i tekhnolohiy shchodo reformuvannia sfery naukovykh doslidzhen, rozrobok ta innovatsiy. Available at: https://sci-com.org.ua/wp-content/uploads/2023/07/Пропозиції-Реформа_науки_НК_червень_2023_final.pdf
- Prokhorova, V., Chechetova, N., Korzh, R., Fedotova, I., Lytvynenko, K. (2023). The Digital Transformation of Creative Industries as a Management Imperative of Information Security of Society on a Parity-Legal Basis. Journal of Information Technology Management, 15 (4), 47–63. Available at: https://jitm.ut.ac.ir/article_94707.html
- Prokhorova, V., Kovalenko, O., Bozhanova, O., Zakharchyn, H. (2023). The paradigm of emergent qualities of education management as a scientific and technological platform for sustainable development. IOP Conference Series: Earth and Environmental Science, 1150 (1), 012014. https://doi.org/10.1088/1755-1315/1150/1/012014
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2024 Viktoriia Prokhorova, Svitlana Mushnykova, Anna Zaitseva, Olga Gavrysh
This work is licensed under a Creative Commons Attribution 4.0 International License.
The consolidation and conditions for the transfer of copyright (identification of authorship) is carried out in the License Agreement. In particular, the authors reserve the right to the authorship of their manuscript and transfer the first publication of this work to the journal under the terms of the Creative Commons CC BY license. At the same time, they have the right to conclude on their own additional agreements concerning the non-exclusive distribution of the work in the form in which it was published by this journal, but provided that the link to the first publication of the article in this journal is preserved.
A license agreement is a document in which the author warrants that he/she owns all copyright for the work (manuscript, article, etc.).
The authors, signing the License Agreement with TECHNOLOGY CENTER PC, have all rights to the further use of their work, provided that they link to our edition in which the work was published.
According to the terms of the License Agreement, the Publisher TECHNOLOGY CENTER PC does not take away your copyrights and receives permission from the authors to use and dissemination of the publication through the world's scientific resources (own electronic resources, scientometric databases, repositories, libraries, etc.).
In the absence of a signed License Agreement or in the absence of this agreement of identifiers allowing to identify the identity of the author, the editors have no right to work with the manuscript.
It is important to remember that there is another type of agreement between authors and publishers – when copyright is transferred from the authors to the publisher. In this case, the authors lose ownership of their work and may not use it in any way.