Creating the model of balanced business development based on ecosystem approach

Authors

DOI:

https://doi.org/10.15587/2706-5448.2022.256610

Keywords:

balanced development, agribusiness ecosystem, sustainable development, model efficiency, systemic approach, economic agents

Abstract

The object of research is the process of creating effective relationships between the participants of the economic system, which is based on the need to ensure its balanced development in an unstable environment. One of the most problematic places is that at present the main criterion for the effectiveness of the model for organizing relationships between participants is the economic result, other aspects of the rational creation of an ecosystem are not considered, namely: innovative, environmental, social.

The study proved that considering a systematic approach allows making effective management decisions at the level of a business ecosystem, considering the results obtained by all its agents. The basis of the modelof balanced business development model is the transition to a circular economy, which allows reducing resource consumption, reducing the negative impact on the environment, and complying with relevant socio-economic standards.

On the example of an agricultural complex, a model of an agribusiness ecosystem was created, including participants and internal relationships between them. The agents of the internal environment include resource (service) providers, agricultural manufacturers and customers (buyers), detailing their roles in this system.

A methodical approach to assessing the effectiveness of management decisions based on a multi-criteria assessment in four areas is proposed: economic, environmental, social, and innovative. For implementation, one should choose a solution that gives the maximum value of the integral indicator at the system level, considering the participation of each of its agents.

The proposed solutions will contribute to more sustainable production and consumption patterns, which will provide opportunities for developed and developing countries to achieve economic growth and sustainable development.

Author Biography

Natalia Skorobogatova, National Technical University of Ukraine «Igor Sikorsky Kyiv Polytechnic Institute»

PhD, Associate Professor

Department of International Economics

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Published

2022-04-30

How to Cite

Skorobogatova, N. (2022). Creating the model of balanced business development based on ecosystem approach. Technology Audit and Production Reserves, 2(4(64), 6–10. https://doi.org/10.15587/2706-5448.2022.256610

Issue

Vol. 2 No. 4(64) (2022): Economics of enterprises. Macroeconomics

Section

Economics and Enterprise Management: Original Research

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Copyright (c) 2022 Natalia Skorobogatova

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