A Correlation Coefficients Analysis on Innovative Sustainable Development Groups

Abstract

The purpose of this study is to observe the evaluation of all the factors that influence sustainable development, by doing this, the author collected all the logically affecting indicators of 2000–2018 and divided them into 4 groups by affiliation which are Economic and Political, Energy and Environmental, Innovation and Entrepreneurship, Intellect and Social Capital. This paper tries to perform the correlation coefficients matrix analysis to show, how the innovative indicators on sustainable development groups interact with each other, and open by using statistical methods to new views to further studies, in addition, to make the sustainable development activities of the Ukraine's energy enterprise sector more efficient and to pioneer further initiatives. The significance of the data was realized by using the normalization method, followed by using the Statistica mathematical program, and correlation coefficients were analyzed. At the last step, data were eliminated by applying the Cheddock scale. The data on the matrices that we built shows their noticeable significance and they are presented in this last stage of the study. According to the results of the study, the relationship between the data in each group has a high standing, and an innovative study has emerged with a statistical perspective. The resulting outcome demonstrates the connection of various 121 data and diversity between groups. The contribution of this study is that the results will be developed and reveal an integrated sustainable development mechanism and economic perspective with the final stage of the author’s prospected research. This article, as a part of the author's research, plans and provides an alternative viewpoint for energy venture companies within the framework of sustainable development pillars in UNDP.

Gender Aspects of Social Intelligence Management in the Context of Civic and Political Engagement

“…The results were interpreted in accordance with the recommendations published in the work by Turan (2020). For this purpose, the Cheddock scale was used, which defines the following possible options for the strength of the correlation between two variables: − weak -0.1-0.3; − significant -0.3-0.5; − moderate -0.5-0.7; − high -0.7-0.9; − very high -0.9-1.0.…”

Impact of energy innovations on the Ukraine’s economy: Strategic direction and managerial practices

“…It should be noted that scientists (Grubb et al, 2021;Nemet et al, 2018;Grubler, 2021) emphasize the difference between innovative development in the energy sector from other areas, in particular, the dependence of energy-consuming technologies on energy costs and competition (Butyrskyi et al, 2019) solely on this criterion. Scientists (Lin, Zhu, 2019;Turan, 2020;Brych et al, 2021) argue that the drivers of economic development of the state in terms of energy innovation is the existing innovation potential, which accumulates and is formed taking into account trends in world economies, the dynamics of human capital and exhaustion of natural resources. Numerous studies (Wang, Wang, 2020;Elia et al, 2021;Rubin et al, 2015;Trofymenko et al, 2021;Dluhopolskyi et al, 2021) in the field of energetics have found that the cost of innovative technologies and the speed of their penetration into the market depends on the level of experience and progress of learning in the innovation process.…”

Research on Ukraine’s Sustainable Development Goals and Comparison With the Eu’s Energy Vision

“…The purpose of the article. This study aims to analyze the data obtained as a result of the combination of 4 main innovative sustainable development groups and indicators developed by the author, based on the UNDP's sustainable development targets, as a result of the multifactorial analysis of the selected indicators between 2000 -2018 years in the energy sector of Ukraine, which is a part of the author's research [12]. Examination and comparison of the energy visions of Europe and Ukraine plus the result that will emerge will contribute to the author's research and will enable companies in the energy sector to look at sustainable development goals from an alternative perspective.…”