Digital Globalization in the International Development of Strategic Alliances

Abstract. Over the past century, the rate of globalization has substantially grown due to the increasing impact of transnational companies, development of digital communications systems, integration of new technologies and the increasing need for rapid response to changes by transforming life orient...

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Дата:2022
Автори: Mikhno, Inesa, Koval, Viktor, Sedikova, Iryna, Kotlubai, Viacheslav
Формат: Стаття
Мова:English
Опубліковано: Dr. Viktor Koval 2022
Онлайн доступ:https://ees-journal.com/index.php/journal/article/view/186
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Назва журналу:Economics Ecology Socium

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Economics Ecology Socium
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spelling oai:ojs2.www.ees-journal.com:article-1862022-03-23T12:08:04Z Digital Globalization in the International Development of Strategic Alliances Mikhno, Inesa Koval, Viktor Sedikova, Iryna Kotlubai, Viacheslav Abstract. Over the past century, the rate of globalization has substantially grown due to the increasing impact of transnational companies, development of digital communications systems, integration of new technologies and the increasing need for rapid response to changes by transforming life orientations of society. Establishment of strategic alliances and enlargement of international companies are becoming more relevant in the digital services and informational support sector because of the constant development of technologies and the enhancement of legislation in many countries regarding authors' rights, patenting and intellectual property, which encourages the search for new possibilities of reducing corporate expenses and expanding sales markets and influence. Aim and tasks. The article is aimed at examining key globalization processes in the development of strategic alliances of transnational companies in the period of economy digitalization and providing recommendations for improving ecological and economic situations caused by globalization in developing countries. Results. The article analyzes key risks caused by globalization processes, Ukraine’s current situation and future trends. It analyzes Ukraine’s major transnational companies and their operating strategies, develops an activity scheme of donor countries of transnational corporations and recipient countries that most frequently serve as a financial or resource potential for the company. One has advanced an assessment model of the globalization level in the country, developed the table of globalization effects. Using KOF Globalisation Index, one has made a forecast for the future of Ukraine and other countries, provided recommendations for improving its calculation by putting an index of ecological impact of international companies on the situation in the country and the ecosystem before and after company’s entrance to the national market.     Conclusions. Digital globalization processes increase the impact on international markets and establish a separate market of international digital services. Therefore, the establishment of strategic alliances based on digitalization and intelligent technologies enhances the efficiency of activities of transnational companies but requires further advancement of institutional support in the development of regulated rules of conduct on the information market. Following the analysis results, one has found out that the core problem of international companies operating in the territory of developing countries is the irrational use of natural resources. One has proven that, taking into account the level of globalization, it is viable to estimate the ecological impact of international companies on the ecosystem state in the given country, examine changes caused by globalization processes in natural systems as a result of social and political globalization changes in order to protect the economy and natural resources from the irrational use.       Dr. Viktor Koval 2022-03-20 Article Article Peer-reviewed Article application/pdf https://ees-journal.com/index.php/journal/article/view/186 10.31520/2616-7107/2022.6.1-2 Economics Ecology Socium; Vol. 6 No. 1 (2022): Economics. Ecology. Socium; 11-21 Економіка Екологія Соціум; Том 6 № 1 (2022): Economics. Ecology. Socium; 11-21 2616-7107 2616-7107 10.31520/2616-7107/2022.6.1 en https://ees-journal.com/index.php/journal/article/view/186/149 Copyright (c) 2022 Economics. Ecology. Socium
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datestamp_date 2022-03-23T12:08:04Z
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language English
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author Mikhno, Inesa
Koval, Viktor
Sedikova, Iryna
Kotlubai, Viacheslav
spellingShingle Mikhno, Inesa
Koval, Viktor
Sedikova, Iryna
Kotlubai, Viacheslav
Digital Globalization in the International Development of Strategic Alliances
author_facet Mikhno, Inesa
Koval, Viktor
Sedikova, Iryna
Kotlubai, Viacheslav
author_sort Mikhno, Inesa
title Digital Globalization in the International Development of Strategic Alliances
title_short Digital Globalization in the International Development of Strategic Alliances
title_full Digital Globalization in the International Development of Strategic Alliances
title_fullStr Digital Globalization in the International Development of Strategic Alliances
title_full_unstemmed Digital Globalization in the International Development of Strategic Alliances
title_sort digital globalization in the international development of strategic alliances
description Abstract. Over the past century, the rate of globalization has substantially grown due to the increasing impact of transnational companies, development of digital communications systems, integration of new technologies and the increasing need for rapid response to changes by transforming life orientations of society. Establishment of strategic alliances and enlargement of international companies are becoming more relevant in the digital services and informational support sector because of the constant development of technologies and the enhancement of legislation in many countries regarding authors' rights, patenting and intellectual property, which encourages the search for new possibilities of reducing corporate expenses and expanding sales markets and influence. Aim and tasks. The article is aimed at examining key globalization processes in the development of strategic alliances of transnational companies in the period of economy digitalization and providing recommendations for improving ecological and economic situations caused by globalization in developing countries. Results. The article analyzes key risks caused by globalization processes, Ukraine’s current situation and future trends. It analyzes Ukraine’s major transnational companies and their operating strategies, develops an activity scheme of donor countries of transnational corporations and recipient countries that most frequently serve as a financial or resource potential for the company. One has advanced an assessment model of the globalization level in the country, developed the table of globalization effects. Using KOF Globalisation Index, one has made a forecast for the future of Ukraine and other countries, provided recommendations for improving its calculation by putting an index of ecological impact of international companies on the situation in the country and the ecosystem before and after company’s entrance to the national market.     Conclusions. Digital globalization processes increase the impact on international markets and establish a separate market of international digital services. Therefore, the establishment of strategic alliances based on digitalization and intelligent technologies enhances the efficiency of activities of transnational companies but requires further advancement of institutional support in the development of regulated rules of conduct on the information market. Following the analysis results, one has found out that the core problem of international companies operating in the territory of developing countries is the irrational use of natural resources. One has proven that, taking into account the level of globalization, it is viable to estimate the ecological impact of international companies on the ecosystem state in the given country, examine changes caused by globalization processes in natural systems as a result of social and political globalization changes in order to protect the economy and natural resources from the irrational use.      
publisher Dr. Viktor Koval
publishDate 2022
url https://ees-journal.com/index.php/journal/article/view/186
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