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Pioneering Approaches and Global Challenges in Business, Management and Economic...
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Pioneering Approaches and Global Challenges in Business, Management and Economic Engineering

A special issue of Businesses (ISSN 2673-7116).

Deadline for manuscript submissions: 31 December 2024 | Viewed by 2398

Special Issue Editor

Dr. Andrea Ivanisevic

E-Mail Website
Guest Editor
Faculty of Technical Sciences, University of Novi Sad, 21000 Novi Sad, Serbia
Interests: economics of the firm; principles of economics; engineering economics; business

Special Issue Information

Dear Colleagues,

This Special Issue focuses on current issues in the field of management, business, and economic engineering and related scientific disciplines. Global economic problems such as inflation, climate change, accelerated digitalization, and wars have led to a “polycrisis”, and our aim is to use an interdisciplinary approach to highlight these problems and contribute to overcoming current global challenges.

This Special Issue is written in conjunction with the FUTURE-BME 2024 International Scientific Conference [https://www.future-bme.ftn.uns.ac.rs/] (which will be held in Novi Sad, Serbia, on 30–31 October 2024), and welcomes submissions from participants in the conference. The deadline for abstract submission is 3 June 2024 and for full paper submissions is 20 September 2024.

We welcome the submission of original research articles and review papers to this Special Issue, with topics of interest including, but not limited to, the following:

  • Sustainable business practices;
  • Innovation and entrepreneurship;
  • Supply chain management and resilience;
  • Advanced manufacturing and technology;
  • Project management and ethics;
  • Economics and finance;
  • Design and marketing;
  • Engineering and construction.

Dr. Andrea Ivanisevic
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Businesses is an international peer-reviewed open access quarterly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1000 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • management
  • business
  • economic engineering

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Further information on MDPI's Special Issue polices can be found here.

Published Papers (3 papers)

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Research

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14 pages, 2918 KiB  
Article
Bridging Knowledge, Protection and Development Gaps Through an Interdisciplinary Multi-Stakeholder Approach to Natural Hazards Risk Management
by Nadia Netti and Martina de Cristofaro
Businesses 2024, 4(4), 582-595; https://doi.org/10.3390/businesses4040035 - 17 Oct 2024
Viewed by 496
Abstract
The escalation of climate-induced disasters underscores how climatic variability has become a main question in designing risk-sensitive policies in advanced and developing countries. The macroeconomic implications of Natural Hazards (NHs) are extremely significant, as they can compromise financial stability and long-term prosperity. To [...] Read more.
The escalation of climate-induced disasters underscores how climatic variability has become a main question in designing risk-sensitive policies in advanced and developing countries. The macroeconomic implications of Natural Hazards (NHs) are extremely significant, as they can compromise financial stability and long-term prosperity. To mitigate risks and close the knowledge, protection, and development gaps can free resources, speeding up reconstruction of infrastructure, recovering from disruption of supply chains, and returning to pre-disaster levels of activities. This is not a simple task involving different steps of a “ladder approach”, sharing the burden of cost and responsibilities across the relevant stakeholders and reducing moral hazard. This approach rests on Public–Private Partnerships (PPPs) and technological R&D public investments able to crowd private ones in and establish useful Public–Private Insurance Schemes enhancing the disaster risk management role of the state. This paper proposes leveraging innovation technology both to enhance risk assessment and reduce uncertainty for climate-related NHs such as landslides. It is an important interdisciplinary question; in fact, despite the unequivocal acknowledgment of the global warming system, the precise ramifications of global warming and associated climatic shifts on NHs like landslides remain still elusive. The advanced modeling technique implemented by our interdisciplinary PPP contributes to geographically circumscribe the areas eventually subjected to landslides and constantly monitor the vulnerability of their structures, infrastructures, economic activities, and hence population. The reliable data that we can produce through remote sensing acquisition systems are necessary inputs to contain risk exposure both physically and financially. Full article
(This article belongs to the Special Issue Pioneering Approaches and Global Challenges in Business, Management and Economic Engineering)
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22 pages, 690 KiB  
Article
Adapting International Business Models for EU Projects: Macro- and Micro-Foundations of the Uppsala Model in Multinational Collaborations
by Cheryl Marie Cordeiro and Erik Sindhøj
Businesses 2024, 4(4), 509-530; https://doi.org/10.3390/businesses4040031 - 2 Oct 2024
Viewed by 795
Abstract
This study examines the adaptation of the Uppsala Model to enhance the management of European Union (EU)-funded projects, particularly focusing on the macro- and micro-foundational elements of the model. The Uppsala Model, originally developed for firm-level internationalization, provides a valuable framework for addressing [...] Read more.
This study examines the adaptation of the Uppsala Model to enhance the management of European Union (EU)-funded projects, particularly focusing on the macro- and micro-foundational elements of the model. The Uppsala Model, originally developed for firm-level internationalization, provides a valuable framework for addressing the complex challenges of EU project implementation, which include bureaucratic hurdles, diverse stakeholder management, and the intricacies of European integration. This paper highlights the persistent issues faced by project managers despite improved application processes and skilled beneficiaries. By applying the Uppsala Model, which emphasizes incremental knowledge development and resource commitment, this study aims to bridge the gap between fund acquisition and project delivery. The integration of both macro- (broad external factors) and micro- (individual and organizational behaviors) perspectives of the Uppsala Model offers a comprehensive approach to managing international, multi-stakeholder EU initiatives. This approach is exemplified through the SuMaNu project, which addresses nutrient recycling and sustainable manure management in the Baltic Sea Region. The findings suggest that the Uppsala Model’s principles can be effectively applied to enhance the execution of complex EU projects by fostering better stakeholder relationships, incremental learning, and adaptive strategies. This study underscores the relevance of experiential learning and network perspectives in achieving successful project outcomes in the EU context. Full article
(This article belongs to the Special Issue Pioneering Approaches and Global Challenges in Business, Management and Economic Engineering)
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64 pages, 9922 KiB  
Systematic Review
The Impact of Big Data on SME Performance: A Systematic Review
by Mpho Kgakatsi, Onthatile P. Galeboe, Kopo K. Molelekwa and Bonginkosi A. Thango
Businesses 2024, 4(4), 632-695; https://doi.org/10.3390/businesses4040038 - 14 Nov 2024
Viewed by 504
Abstract
Big Data (BD) has emerged as a pivotal tool for small and medium-sized enterprises (SMEs), offering substantial benefits in enhancing business performance and growth. This review investigates the impact of BD on SMEs, specifically focusing on business improvement, economic performance, and revenue growth. [...] Read more.
Big Data (BD) has emerged as a pivotal tool for small and medium-sized enterprises (SMEs), offering substantial benefits in enhancing business performance and growth. This review investigates the impact of BD on SMEs, specifically focusing on business improvement, economic performance, and revenue growth. The objective of this systematic review is to evaluate the drivers and barriers of BD adoption in SMEs and assess its overall impact on operational efficiency and business outcomes. A comprehensive systematic review of 93 research papers published between 2014 and 2024 was conducted using the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) framework. The methodology included detailed analysis of research approaches, addressing biases and gaps in the literature. BD adoption in SMEs led to significant improvements in operational efficiency, revenue generation, and competitiveness. However, the studies reveal persistent challenges, such as limited financial resources and technical expertise. The review identified a reporting bias, with 47% of studies using quantitative methods, 28% employing case studies, and mixed-method and qualitative studies underrepresented (22% and 17%, respectively). This imbalance highlights a potential overreliance on quantitative approaches, which may limit the depth of insights gained. While BD offers considerable potential for driving innovation and enhancing competitiveness in SMEs, addressing the current methodological biases and resource-related barriers is crucial to fully harness its benefits. Future research should focus on diverse approaches to provide a holistic understanding of BD’s impact on SMEs. Full article
(This article belongs to the Special Issue Pioneering Approaches and Global Challenges in Business, Management and Economic Engineering)
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