Economics&Education

5

Authors: Vladyslav Makhonin

Given the ongoing reorientation of world economic dynamics from a model of sustainable economic development to a more perfect dialectically inclusive growth model, global scientific applied and theoretical thought requires a deeper understanding of the nature of these models of economic dynamics. Furthermore, a broader understanding of the nature and settings of the model of inclusive economic growth, declared by super-influential world institutions as the key social and economic modus of our time, should contribute to the improvement of its methodological aspect, which determines the success of the implementation of the principles of inclusive economic growth in the policies of modern - both developed and developing - countries, as well as, thus, the level of well-being of the population. Applying the systemic and evolutionary approach, the author analyzed the interdisciplinary nature of the concepts of sustainable development and inclusive economic growth, as a result of which the multisystem historical origins of these concepts have been revealed and, thus, the understanding of the latter have been expanded. In particular, using the systemic and evolutionary approach, as well as relying on the works of the scientists mentioned below, specific examples in the development of science have been identified, which demonstrate the formation of a multisystem scientific paradigm in a period that spanned the gap on the historical canvas from the end of the 19th century to the middle of the 20th century. According to the author, as well as a number of scientists, this paradigm has set the trend towards a multidisciplinary research. Based on the specific facts given in the article, in the author’s opinion, it was under the influence of the above tendency that a model of sustainable economic development emerged in the 1970s, and a dialectically more perfect model of inclusive economic growth appeared at the turn of the 20th and 21st centuries.

6

Authors: Olha Yatsenko, Tetiana Didukh

The purpose of this article is to develop a deeper understanding of government policy regarding global IT outsourcing. The effects of global outsourcing are subjective to the economy of each country and the intention for which the same was undertaken. The development and the formation of a competitive environment of the global outsourcing market in IT business is taking into account the relevant prerequisites, has certain trends and results. The study of these characteristics allowed to establish the form of functioning of this phenomenon at the global level, to outline the significant advantages and problems of this type of business, which in its turn influenced the regulatory policy of states to transform or stabilise its economy. The article identifies the components and structure of institutional support for IT outsourcing development at different levels of management and regulation starting from local to international. The purpose of the article is to systematize and analyze the state of institutional support for the regulation of global outsourcing of IT business in the international market. Problems and tendencies of influence of institutes, their mechanisms and tools are revealed. Methodical approaches to the assessment of economic efficiency are offered. The possible consequences of their imperfection are described. The directions of improvement for the future are substantiated.

6

Authors: Iryna Kalenyuk, Iryna Uninets

The article examines the prerequisites and features of the SMART-economy. This new phenomenon is still insufficiently studied in the scientific literature. Different approaches and separate definitions of SMART-economy in the scientific literature are systematized. An understanding of SMART-economy in a narrow (as part of SMART-city) and broad sense (as a set of economic relations) is proposed. The main processes that determine the emergence of SMART-economy as an ecosystem are identified and disclosed. Digitalization (spread of ICT), institutionalization (penetration of ICT into public administration), urbanization (unprecedented growth of urban population and large cities), greening (increasing attention to environmental issues) and socialization (increasing the importance of solving social problems of the population) all contribute to the emergence of new quality of ecosystems. Based on the data, the trend of increasing the share of urban population in recent years is revealed, the data on the population of the largest cities in the world are given. The increasing in urban population highlights the problems of using ICT to solve the problems of greening, socialization, institutionalization in large cities.

6

Authors: Yegor Shevtsov, Tatiana Obolenska

The spread of global marketing communications in the context of business management is caused by the need of companies to adjust strategies to the technological era of digitalization. As a result, international enterprises promote the use of their products and services in different countries with the help of communicational instruments, including advertising, social media networks, electronic mail, and others. The use of these digital instruments helps to minimize meaningless marketing activity and concentrate only on the methods that can potentially increase the profits of global companies. The research focuses on the review of theoretical literature about the importance of marketing communications and defines the practical aspects of the use of communicational instruments that can work simultaneously in different locations due to the correct choice of channels. The purpose of the article lies in the analysis of ties between global marketing communications and the consistent progress of reputation of the brand caused by the combination of social media publications, advertising, public relations, and promotion. The primary research question of the article focuses on answering how international businesses can use global marketing communications for the aim of building positive images of these companies. Another secondary research question defines what is the role of globalization in the choice of possible methods of control that can be used to organize the management of marketing communications during various branding campaigns. The hypothesis of the article deals with the fact that modern companies can achieve visible progress in chosen areas of business activity if they follow the guidelines of effective management of global marketing strategy that include the accuracy in defining preferable channels for reaching their audience, the understanding of the population that forms the number of potential customers, the implementation of technological equipment for the further development, and the rational division of financial resources of marketing departments.

7

Authors: Perminov Stanislav, Djakona Valentina

The article examines the essence of the concept of "trust asset management" in the banking system. The article examines the essence of the concept of "trust management" in the banking system. Various approaches to defining the essence of trust management in scientific and business literature are systematized, various nuances of its legal and economic interpretation are presented. The subjects and objects of trust management, the system of relationships between the main subjects are named and disclosed. The regulatory framework for the practice of trust management has its own characteristics at the national and international levels. The common couples and differences of different models of organization of trust activity are highlighted. The main approaches to the classification of trusts, the main types of trusts are revealed and their features are determined. The forms of trust management are very diverse and can differ in the purposes of creating trusts, methods of creation, depending on the role of the owner and trustee, depending on the financial instruments used. The purposes of the use of trust management, as well as certain risks of using the control system (legal uncertainty, presence of risk, imperfection of state regulation, etc.) are characterized. In world practice, this service is constantly developing and is increasingly becoming an important integral part of banking in different countries and regions.

7

Authors: Dmytro Voronets

The temporary accommodation and catering field is a highly competitive field that is why companies in this branch of economy have to make strategic decisions concerned with market expansion and diversification. Diversification of the enterprise activity is very complex and comprehensive strategic decision and has to be evaluated and supervised by management of the enterprise. Besides, the implementation of the diversification strategy requires a lot of resources (financial, material, human) which efficiency is important to evaluate and control. In this article it is examined the problem of evaluating the diversification efficiency of temporary accommodation and catering businesses. The essence of diversification of the enterprise activity is revealed and the general characteristic of the field of temporary accommodation and catering is outlined. The author’s goal was to specify indicators for evaluating the efficiency of diversification that are developed in latest scientific publications for use in manufacturing enterprises and their adaptation to the services sector, part of which is the temporary accommodation and catering field. On the basis of the researched scientific works the universal system of indicators for estimation of efficiency of diversification of the temporary accommodation and catering enterprise activity is offered. Three key groups of indicators for evaluation are distinguished: financial and economic, manufacturing and technological, market. Formulas for calculating these indicators are given and their nature is described. The aim of this indicators is to demonstrate the quantitative effect of diversification of the enterprise activity in temporary accommodation and catering field. Besides, indicators also can be adapted and used in other service industries.

9

Authors: Levchenko Anna, Nemchenko Tetiana

The subject of the paper reveals the prospects of adopting the foreign experience to regulate the social development of human resources in Ukraine. In the global economic crisis, according to researchers, human resources should become the basis of the country's competitiveness on the world stage. Human resources accumulate skills, as well as they are mobile and adaptable to new challenges. By the author the definition of social development of human resources as a driving factor in strengthening the social welfare is presented, the main factors, which influence on it are identified and the mechanism of social development of human resources is presented. In paper the comparative analysis of the level of human resources development in Ukraine and other countries is conducted by the author. The position of Ukraine in the world ranking of human resources development was studied. Along with this, the Ukraine's place in the world ranking was determined by such indicators as: Human Capital Index, Quality of Life Index and the Legatum Prosperity Index. The author also identified the main weaknesses that hinder the achievement of efficiency in human resource management in general. The main vectors to which the state policy on human resources regulation should be directed were found out, and possible consequences of the global pandemic impact on further development of the state economy were highlighted. The tendencies of the global labour market were clarified and it is emphasized that in the economic crisis for the forming and development of human resources, in addition to overcoming the above problems, the state needs to strengthen influence on domestic enterprises to save workplaces. The paper also states that an important factor in the social development of human resources in the opinion of the world community is the forming of professional skills that will increase workforce competitiveness.

6

Authors: Olena Kanishchenko, Yuliia Kuznetsova

The article deals with the current state of startup ecosystem, its constraints and incentives, comparisons with traditional business models. The authors pay attention to an issue of attracting venture capital to finance newborn projects in the modern world. The key problems of the startups are outlined in the paper, an important fact that the ecosystem is getting more competitive and the investors are getting more cautious. The paper summarizes the traditional marketing tools for strategy development and justifies the possibility of their use in building up a startup business model. The features of attracting venture investments are identified and the specifics of the venture investor-consumer are determined. The authors' approach to the creation of a venture capital investment strategy is proposed, and each stage is considered with appropriate management concepts and models. The choice of the most effective instrument for analyzing the macromarketing, micromarketing environment and internal environment of startup obviously depends on market location and type, industry, size of the company, resources, market type, life cycle of the market / product, etc. Many tools for marketing analysis in the modern theory and practice of marketing have been named with the aim to popularize. The paper also considers the influence of coronavirus epidemy of to attract money and figures out some basic information how to prevent such a situation. The key future threats of the market are named. The importance of marketing research in the age of digitization has been explained and proven.

7

Authors: IJ Malhotra, J Dehtjare

The article discusses the online marketing complex of tourism and socioeconomics of the online-tourist industry. The analytical data will enable to understand the current business trends in the competitive market today. The key objective of this research is to examine the eTourism developments around the world and in Greece as a country that is gradually embracing eCommerce. The prospect of the online-tourism is presented on the example of Greece tourism website InThessaloniki.com. The research reveals the features of tourism business and discusses important milestones in its development. Although it is rapidly becoming a growing topic of research, the information on the websites seems to be the only rescue for the researchers. At the same time, it forewarns and forearms the marketers of tomorrow about its importance as future mode of acquiring information and purchase of tourism products and services. The analyse of the socioeconomics of the online-tourist industry will enable to understand the current business trends that are more competitive in the market than the exists today. It will provide an opportunity to attract new business customers and receive additional profit. The author assumes that the analyses of the online-tourism market technologies have been instrumental in increasing the domain of awareness and accessibility while reducing the uncertainty with respect to communication gaps. With future high projections in all the spheres of tourism, it’s not gainsaying that technology can help us manage tourism operations better through ensuring high efficiency in working with clients, increase their loyalty and the sales rates of the company. The author analyse the socioeconomics, entrepreneurial activity, internal and external environment of the tourist industry.

8

Authors: Olha Kirichenko

The paper is devoted to the analysis of the socio-economic preconditions of increasing the competitiveness of human resources of Ukraine in the international dimension taking into account the tendencies of globalization and digitalization in the world. In the process of viewing of the number of scientific publications, which are devoted to the problems of human resources competitiveness, the essence of the competitiveness in general and, in particularly, the components of staff competitiveness, the factors, which influence on the competitiveness of personnel, the role of human resources in ensuring the competitiveness of organizations were identified. It was emphasized that the human resources competitiveness depends on the quality of human resources themselves, as well as on the quality of jobs available and the socio-economic development of territories and countries. The low level of socio-economic development of territories and countries leads to the migration of the skilled employees. There were researched in the international comparison such components as skills of human resources, the level of labour market development, pay and productivity, cooperation in labour-employer relations, social capital, ICT adoption, the level of GDP per capital and average monthly salary of employees. There were developed the proposals of the socio-economic preconditions improvement which deals with forming the relevant conditions for decent pay for the human resources, their continuous professional development, the necessity of social capital forming, social dialogue and social infrastructure development, the quality of vocational education rising. It was marked out the importance of creative thinking, communication skills, emotional intelligence, flexibility, adaptability, self-organization, skills in the sphere of modern ICT using for human resources competitiveness increasing.

5

Authors: Andrii Chuzhykov, Viktoria Chuzhykova

The proposed article is devoted to the study of peculiarities of the economization of media education of the global economic environment. The authors insist on the hierarchy of a creative model that encompasses school media literacy, university education, and lifelong learning. An important problem of interdisciplinary research, which can be solved by involving specialists in creative business, international economics, law, psychology, theory of media communications, management, is raised. The researchers conducted a comparative analysis of sectoral, evolutionary, security approaches to the study of globalization trends, as well as to identify country differences in state and supranational support for media education, media literacy, and media professionalism. Direct and indirect financial instruments of support of educational processes in the media were established and the features of regional approaches to monitoring the state and trends of the dynamics of media education were revealed. The attention is paid to the institutionalization and collaboration of media companies in the EU countries. Significance of the system of preventive measures, in particular, blocking of negative content in the media sphere is analyzed. The peculiarities of the EASA National Policy Platform and its relations with the participating countries of the mechanisms and instruments of interaction have been revealed in the EU. The authors insist on the great importance of the creative institutes of research and the implementation of media and educational strategies of the community. A dynamic model of media specialist training in the new conditions of the information society has been developed.

6

Authors: Volodymyr Pylypchuk, Arutiun Papoian

The article analyses the main aspects of the philosophy, methodology and tool of marketing in socio-economic development of cities in Ukraine. The attention is focused on perceived deficiencies in the study area. Reviewed basic information on the implementation of marketing principles in the development of cities of Ukraine. Revealed questions the need to define, first of all, the development strategy of the city, and then the formation of the marketing strategy and its implementation. The study highlighted the complexity of the concept of development of the city, which is not limited only to the growth of economic potential. The conclusion about necessity of use of experience of European countries in the use of marketing in the formation of the concept of development of cities of Ukraine. Focused attention on the fact that the leading role in shaping the development of cities, the use of local resources and enhancement of endogenous potential of the city is given primarily to local authorities. It is found that for the application of marketing in the time of the development of cities in Ukraine need professional and highly qualified team that will deal with these issues. Also drawn attention to the fact that Ukraine, unfortunately, cannot boast of a system of scientific researches in the field of marketing of the city. And their effective implementation. Local authorities in this sphere are chaotic because they have no clear understanding of a systematic approach to the planning and development of the city. The experience of leading European countries in the use of marketing methodologies and techniques in the elaboration of development plans of cities. It is found that the governments of many countries have used marketing tools in the implementation of programmes to combat alcoholism, Smoking and drug abuse, energy conservation, compliance with traffic rules, the decision of problems of the uneven distribution of productive forces, the regulation of the tourism industry, the use of marketing to enhance socio-economic development, improving the competitiveness of the region and implementation of investment planning, etc. The necessity of applying the European experience of marketing in the formulation of plans for development of cities and regions of Ukraine, as well as the development and implementation of a comprehensive system of measures by local authorities in partnership with other stakeholders, which should consist in: developing a development strategy; identification of local advantages and unique territorial features; developing effective marketing strategies; development of local infrastructure; dissemination of educational programs; creation of organizational structures for marketing; forming partnerships; creation of an effective network of information and communication sphere, etc. In general, it is concluded that marketing in local self-government helps to understand the economic and social interests of citizens, because the realization of these interests is the ultimate goal of the activity of all authorities and the state as a whole, and contributes to the formation and development of cities not only in Ukraine, but also in all over the world.

7

Authors: Tetiana Mayorova, Iryna Petrenko, Iaroslav Shevchuk

The article contains current analytical review of global project financing market. Some issues on economic essence of project financing were covered. It was determined that project financing is a modern financial tool with a strong potential in providing the economy with financial resources for its development. The authors researched dynamics of the global project finance market, identified its main trends and causes of changes. It was found that the global market of project financing is sufficiently volatile with some positive trends during last years. Besides, regional peculiarities of development of the project financing market were determined, the projects which are of the greatest interest to its participants were identified. It helped to make a conclusion that the development of the world project financing market highly depends on the successfulness and scale of the projects that are active in a corresponding state. The authors also found that the most priority economic sectors include power, oil and gas, transportation, leisure and property, mining. Based on the collected data, authors made their forecasts about the development of the global project financing market in 2019. They also identified the factors that impede the development of the project financing market in Ukraine. Proposals for intensification of project financing were made, in particular by developing relevant regulatory documents and establishing a national development bank.

11

Authors: Oleh Khymenko

Basing on decomposition of the terms of "innovation", "innovation activities", "economic development", "economic growth", "development", "growth": the differences between the terms of "innovation activities development" and "innovation development" are discussed; there is stressed on the probable occurrence of the complementary couples such as "business process / product" in the process of a firm’s transition to innovation activities. The "Matrix of "development / growth" of the firm in market economy" is proposed for consideration. Basing on the principles of the institutional economy, here we considered the innovation activities development, its external and internal factors. It is noted that the institutional environment (as a part of the innovation activities environment) and the consumer are the key external factors for its development at the microeconomic and macroeconomic levels. The innovation activities peculiarities are described: at the microeconomic level as the implementation of the "innovation life cycle" stages, and at the macroeconomic level as the implementation of the "national innovation system" development process. Given that activities in both cases is subject to certain conditional rules: the notions "innovation life cycle" and "national innovation system" is proposed to be considered as established concepts, attribute them and the new concept "national innovation system as an environment for supporting the innovation life cycle" to socio-cultural institutional environment of the innovation activities development. An imaginary three-dimensional "space of action" for a firm with the following directions was introduced: "courage", "trust", "profit", using which the appropriate model of behavior for an innovation-active firm and appropriate roles is proposed; the expected ranges of activities for a firm is defined for each direction. The importance of network structures in innovation activities as an environment with a high degree of trust among its participants is discussed. In the frameworks of "space of action" we consider the innovation ecosystem as a network formation, and propose the "innovation ecosystem" concept as another socio-cultural institution, which is a part of the institutional environment of the innovation activities development. The narrative was chosen as a recipe of building trust among the participants in innovation activities. The main components of the innovation activities environment are stratified into three imaginary screens (such as "reality", "images", "rules"), which are located in parallel to the planes formed in the frameworks of the firm’s activities in the imaginary "space of action" (such as "physical", "mental", and "economic", respectively). The prospects for application of the proposed theoretical model an innovation-active firm’s behavior in the imaginary "space of action" are outlined.

5

Authors: Bekzod Halilov, Jevgenija Dehtjare

The aim of the abstract is to formulate favourable conditions and possibilities for development of ecotourism in Uzbekistan. Statistical data on the level of sustainable development of ecotourism in country is given. The authors make a comparative analysis of ecotourism in both the countries which are considered to be the leaders in this sphere, as well as in the emerging countries such as Uzbekistan. The relevance of this study is determined by the need to promote ecotourism as an important factor in sustainable development and environmental protection. In this article the recent status of ecotourism development and analyses of current economic overview in Uzbekistan are highlighted. As a Silk Road destination, Uzbekistan is underlined as one of the major tourist targets for developing and it has undergone many alters over a short historical period in terms of economic, environmental and social changes in ecotourism industry. On that basis, this work demonstrates the overall internal and external economic perspectives of Uzbekistan. This framework is experienced tests by means of a study to demonstrate the strength of the touristic destination of many historical and ecological touristic sites, which reflect the competitive reality of the United Nations World Heritage Tourism destination in Uzbekistan. The results serve to state out major trends and gaps, which focus on further research on this topic globally, and also, they might be useful in diversifying interventions to alleviate the impacts in ecotourism development. As the result of the research, scientific and practically significant recommendations have also been developed.

5

Authors: Maksym Halchenko

The paper identifies epistemological basis of the concept of Synergetics, the task of which is to cognize the general principles of self-organization in different systems. It discovers the theoretical basis of self-organization processes in various natural, social and technological phenomena, which create a new field in complex systems research. By applying interdisciplinary approach, it is shown that self-developing systems are subject to hierarchic organization of subordinate levels, they are able to create new levels and, hence, to acquire the new entity. It is pointed out that such organization manner requires a new kind of understanding, reasoning, and methodologic reflections. The parameters of sycergistics as a transdisciplinary field, tied with the search of algorithms and patterns of evolution and coevolution of complex systems and being researched in the context of various ontologies are defined. The emphasis is put on the creative content of synergetics, which finds its realization in education. It is proved that the process of education and interaction between student and teacher is a non-linear situation of an open dialogue, of direct and reverse relationship. The paper identifies the essential elements of synergistic reasoning as a realization of creative potential of a human in cognition and educational activity.

7

Authors: Iryna Kalenyuk, Deniss Djakons

The article is analyzed the tendencies and challenges of the development of higher education systems in Latvia and Ukraine. The determinative tendencies of the modern development of the world are globalization, digitalization, networking, virtualization, etc. Under these conditions, there is a colossal increase in the need for higher education. It has the following results: an increase in the number of students, the share of population coverage in higher education and, in general, people with higher education. The systems of higher education in Latvia and Ukraine are developing in line with world trends, increasing their scale and coverage of the population with higher education. The common features in the development of higher education in Latvia and Ukraine are revealed: the increase of the student contingent, the extension of the principles of lifelong learning, the exit of domestic higher education institutions into the international market of educational services, the enhancement of academic mobility and the growth of the number of foreign students. The active positions of both countries in the process of internationalization and the growth of academic mobility are confirmed. Equally important in the context of the research are the tendencies of increasing the number of researchers, increasing the number of patents, as well as increasing the level of interest of the business sector in the financing and implementation of product and process innovations.The main problems in the development of higher education of both countries are identified: insufficient amount of financing, insufficient diversification of sources of funding, poor presence of institutions of higher education in world university rankings, low level of financing of scientific research.

9

Authors: Nataliia Kholiavko

The concept of function and target consent of institutional entities is disclosed as the state and process of interaction between participants in the modernization of the higher education system, which is marked by the presence of mutual interests and needs, and is characterized by the existence of ways to coordinate the achievement of common goals. It is justified in the article that the institutional approach will allow formulating methodological approaches to developing the functional and target consent of the subjects of modernization of the national higher education system in the context of forming its resilience to challenges of the information economy. Despite the number of scientific publications devoted to problems of using the institutional approach in economic research, the institutional aspects of modernizing the higher education system in context of national economy informatization require the in-deep research. The purpose of the article is the development of a model of the functional and target consent of subjects of modernization of the higher education system in the context of forming its resilience to conditions of the information economy. The author developed models of transformation of the institutional order of modernization of the higher education system. It is justified the feasibility of implementation of the model initiated by higher education sector. Implementation of the proposed approach to the transformation of the institutional order of modernization of the higher education system will allow to increase its level of adequacy for business in the context of the information economy formation; diversify funding sources for universities; change the structure of financial support for modernization processes; coordinate the interaction of institutional actors; establish a feedback between the institutes.

11

Authors: Vanessa Joy Z. Judith

This study determined the communication competence, job motivation and teaching performance of the faculty in Carlos Hilado Memorial State College for Academic Year 2015-2016 when taken as a whole and grouped according to sex, civil status, length of institutional service and academic rank and the significant difference and significant relation of communication competence and teaching performance. The descriptive method of research was used in this study. Stratified random sampling was employed in the selection participants. The Communication Competence Descriptive Questionnaire and the Job Motivation Questionnaire were utilized in this study both were validated and reliability tested. The data on teaching performance was provided by the Human Resource and Development Office and it was taken from the Faculty Evaluation Instrument. The Mean, standard deviation and One- Way were employed. The study revealed that: (1) the communication competence of the faculty of CHMSC was “high”; (2) as an entire group, the job motivation of the faculty varies; (3) the teaching performance of the faculty of CHMSC was “very satisfactory”; (4) there was no significant difference that exists between communication competence and civil status, sex, length of institutional service and academic rank; (5)there was no significant difference that exists between teaching performance and civil status, sex, length of institutional service and academic rank; (6)there was no significant relationship that exists between communication competence and teaching performance.

4

Authors: Stanislavs Miscenko

The research under consideration describes the area of methodology of scientific knowledge via the possibilities of ideas generation and their implementation in the organization management. The paper investigates and describes the concept of “idea” and the process of its transformation into product; there is presented the algorithm of idea construction and development and also are shown the components of the proposed multidimensional model and its links with external environment. The contradictions occurred in the process of generating the idea and its further implementation in management science and practice are presented. In the framework of the resultant ideas generation the author puts forward the hypotheses concerning the main idea, revealed through the prism of his investigation and connected with the creation of the holographic organization. In this context, the holography is not only the visualization of the organization, itself, but, at the same time, the inclusion of the other sources of information in the given schematic model. The fundamental idea developed by the author in this research is the determination of parallax in the search for management products. The idea is very daring and quite promising in the future. This article is based on the researches in the field of creating strategies employed for a modular product designing. The author of the scientific paper analyses the previous investigations in the field of the perspective management hypotheses. The detailed analysis allows the author to focus on the most significant works in the field of management science and to present them in the chronological order.

6

Authors: Evelina Panchenko

The article investigates the current trends in the formation and implementation of intellectual capital in the corporate sector of the Ukrainian economy. The system of personnel training in large corporations is developing and gaining new features in the context of globalization and the spread of information and communication technologies (ICTs). Using the methods of comparative, quantitative and qualitative analysis empirically analyzed the general indicators of the development of corporate universities in the Ukrainian economy. Under the influence of the dissemination of information and communication technologies, the latest active forms and technologies of educational activity are emerging, corporate training in Ukraine is spreading, including the innovative Unit Factory training system. The dynamics and peculiarities of the human capital preparation process in Ukrainian corporate universities are revealed; the dynamics of business expenses for research and development are analyzed. The significant potential of the Ukrainian economy in the development of the IT sector, the accumulation of highly skilled human capital, and the expansion of outsourcing activities have been demonstrated. The main problems of financing the intellectual capital of the corporate sector in Ukraine are revealed: small scale of Ukrainian business; a low level of activity of Ukrainian business in the M & A market, low level of innovation activity, development of predominantly low technological sectors of industry. At the same time, the availability of human capital and scientific potential in the country creates real opportunities for the successful development and accumulation of corporate intellectual capital.

7

Authors: Michael C. Mabalay

This study assessed the stressors of mother-administrators of three public and ten private Higher Education Institutions in the province of Nueva Ecija. The samples were 100 mother-administrators who perform administrative functions like that of the President, Vice President, Dean, Director and Department Heads. The descriptive method of research was used. Data from Administrative Stress Index (ASI) survey questionnaire were tallied and analyzed using frequency, weighted mean, percentage, cross-tabulation and analysis of variance. As to personal profile, majority of the mother-administrators were at the age group of 41-50, their length of service ranged from 1-8 years and majority of them were doctorate degree holders. The stress level of mother-administrators was found “low” to “mild” using the Administrative Stress Index (ADI) which was categorized such as administrative responsibility (X= 2.60) “mild”, role expectations (x=2.39) “low”, intrapersonal conflicts (x=2.37) “low”, interpersonal relations (x=2.35) “low” and administrative constraints (x=2.33) “low”. Most of the mother-administrators from private HEIs were stressed in preparation and allocating budgets resources (2.84) “mild”, being involved in the collective bargaining process (2.84) “mild”, attempting to meet social expectations (housing, friends, etc.) (2.84) “mild” and administering the negotiated contract (grievance, interpretations) (2.67) “mild” while, mother-administrators from public HEIs were stressed in trying to complete reports and other paperwork (2.62) described as ”mild”. Analysis of variance showed that there was no significant difference in the stress level and age with F-value (0.145806) and F-critical value (3.109311), furthermore, length of service has F-value (1.302064) and F-critical value (2.467493) and finally, educational attainment has F-value (0.027632) and F-critical value (3.090187) and the null hypothesis is accepted. The level of coping preference scale and coping factor of mother-administrators of higher education institutions revealed that the Coping Preference Scale (CPS) utilized were (35.71%) described as “often” with ranked 1, followed by (35.57%) described as “occasionally” with ranked 2, followed by (12.57%) described as “frequently” with ranked 3, next is (12.29%) described as “rarely” with ranked 4 and lastly, only (3.86%) described as “never” with ranked 5. This means that the mother-administrators of higher education institutions which uniformly reflected a rating of “often”.