The Approach to Managing the Development of Industry 4.0 in the Conditions of Knowledge Economy’s Formation for Implementation of the Optimal Scenario

Fonina, Tatiana B.; Mishchenko, I. V.; Latysheva, Valentina; Romanova, Iraida

doi:10.1007/978-3-319-94310-7_25

Cited by 2 publications

(2 citation statements)

References 11 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Like many other countries of the world, the Russian Federation also encounters numerous challenges, which include global incidents and pandemics; the need to introduce digital technologies in all spheres of public life; the existing fears of the population, business structures and government officials regarding further economic development; complicated situation on the labor market; concerns about population income and companies' profit; and changes in labor productivity and GDP (Fonina et al, 2019). The current situation requires in-depth research as well as modeling the main indicators of social life and efficiency of enterprises in all sectors.…”

Section: Er 444mentioning

confidence: 99%

Recent trends in labor productivity

Salimova

Ableeva

Galimova

et al. 2021

View full text Add to dashboard Cite

PurposeUsing the example of Russia, this paper studied and analyzed productivity of the labor force in agriculture as an important industry for ensuring the sustainable development of the country.Design/methodology/approachAt the first examination stage, the time series of data on labor productivity and real wages in agri-food companies were examined as modern works on the matter tend to highlight the relationship between productivity and remuneration insufficiently. At the second stage, labor productivity was assessed through the rate of change in the share of wages in the gross domestic product. At the last stage, an applied model of the relationship between labor productivity in agriculture and various impact factors was developed.FindingsIt showed that the efficiency of the labor force in the considered area depends greatly on technical equipment and crop yield. Besides, the study findings revealed that the traditional economic relationship between productivity and wages is invalid in the examined regions of Russia. There is a significant reserve for increasing labor productivity by providing additional motivation for employees.Originality/valueThe successful development of agricultural production can be achieved by implementing innovations, facilitating digitalization, attracting investments, increasing the level of interest of those employed in labor results and producing high-quality goods.

show abstract

Section: Er 444mentioning

confidence: 99%

Recent trends in labor productivity

Salimova

Ableeva

Galimova

et al. 2021

View full text Add to dashboard Cite

show abstract

“…China UnionPay, for example, entered the European market thanks to the growing number of Chinese tourists [36]. − Creation of a new customer base by companies able to create market niches on their own [37,38]. This tactic has been used by a number of companies such as PayPal, Klarna, Sofort, and Trustly that have successfully entered the market and even expanded it by offering a more convenient service for consumers and retailers [39].…”

Section: Back-end Competition In Global Payment Systemsmentioning

confidence: 99%

Mathematical Interpretation of Global Competition between Payment Systems

et al. 2021

View full text Add to dashboard Cite

The present study seeks to present a mathematical interpretation of the perception of new entrants to the global payments market on whether FinTech’s innovations promote competitiveness in the market. The study also quantitatively evaluates the competitive trends observed in the global payments market. The sampling frame consists of 504 respondents across 28 countries. The study is based on the analysis of the survey results using SPSS Statistics and Stata. The survey addressed four groups of factors influencing the competitiveness of the payment system (i.e., ‘Costs’, ‘Service Channels’, ‘Privacy and Security’, ‘Quality and Efficiency’). The respondents believe that FinTech innovations have a strong positive effect on the payment system’s competitiveness (M = 4.32). The results of the present study may be of interest to specialists and researchers who deal with the competitive dynamics of the global payments business, with payment innovations, and with convergence and transformation of the payments industry.

show abstract

The Approach to Managing the Development of Industry 4.0 in the Conditions of Knowledge Economy’s Formation for Implementation of the Optimal Scenario

Cited by 2 publications

References 11 publications

Recent trends in labor productivity

Recent trends in labor productivity

Mathematical Interpretation of Global Competition between Payment Systems

Contact Info

Product

Resources

About