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AUTHOR(S):

Nataliia Shyshkova, Oleksandra Ashcheulova,kateryna Blishchuk, Ivanna Kozak, Liudmyla Anisimova, Mykola Povoroznyk

 

TITLE

Evaluation of the Business Model of Introducing High Technology into the Solidarity Economy

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ABSTRACT

The aim of the study was to determine the positional content of the use of high technology in the system of solidarity of community members in the implementation of business processes to ensure efficiency in the socio-environmental and economic development triad. Blockchain technology (N=3,073 projects) was selected as an example of high technology, which is used to stimulate the decentralization of the economy and strengthen social influence in the solidarity economy. The use of complex research methods to achieve this goal — situational analysis, systems analysis, reproductive analysis, structural-functional analysis — was proposed as the generalizing evaluation block. The research results confirmed the main hypothesis: the higher the level of socio-economic development of the solidarity economy model in terms of digitalization (r=0.866), informatization (r=0.754) and professionalization (r=0.564), the more efficient socially-oriented business models that involve high technologies are in a particular territory. The study also shows that the blockchain can provide additional (65% of projects) as well as transformational solutions (25% of projects) for alternative energy projects.

KEYWORDS

Advanced technologies, bitcoin, digitalization, informatization, professionalization, social efficiency, solidarity economy

 

Cite this paper

Nataliia Shyshkova, Oleksandra Ashcheulova,kateryna Blishchuk, Ivanna Kozak, Liudmyla Anisimova, Mykola Povoroznyk. (2022) Evaluation of the Business Model of Introducing High Technology into the Solidarity Economy. International Journal of Economics and Management Systems, 7, 520-529

 

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