AN ENTROPIC PERSPECTIVE ON BUSINESS RELOCATION IN THE CONTEXT OF SUSTAINABLE DEVELOPMENT

This article explores dynamic shifts in entropy, focusing on the entropic perspective of business relocation within the sustainable development framework. Emphasizing sustainable practices and long-term goals, the research employs deep interviewing to gain profound insights into Ukrainian businesse...

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Main Authors: Mariia Tepliuk, Yevheniia Polishchuk, Boris Fomenko, Anastasia Bortnik, Oksana Domina, Solomiia Matsola
Format: Article
Language:English
Published: FINTECH Alliance LLC 2024-02-01
Series:Фінансово-кредитна діяльність: проблеми теорії та практики
Subjects:
Online Access:https://fkd.net.ua/index.php/fkd/article/view/4248
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author Mariia Tepliuk
Yevheniia Polishchuk
Boris Fomenko
Anastasia Bortnik
Oksana Domina
Solomiia Matsola
author_facet Mariia Tepliuk
Yevheniia Polishchuk
Boris Fomenko
Anastasia Bortnik
Oksana Domina
Solomiia Matsola
author_sort Mariia Tepliuk
collection DOAJ
description This article explores dynamic shifts in entropy, focusing on the entropic perspective of business relocation within the sustainable development framework. Emphasizing sustainable practices and long-term goals, the research employs deep interviewing to gain profound insights into Ukrainian businesses' perspectives on relocation challenges. The study examines the intricacies of moving through the prism of entropy. It comprehensively addresses multifaceted issues during relocation, highlighting the delicate balance between disruption and opportunities. Providing insights into adaptive strategies, the study aids scholars, policymakers, and businesses in navigating the uncertainties of global economic changes. It serves as a guiding beacon for strategic and successful relocation, offering practical insights based on real-life cases. Stakeholders can optimize the relocation process by leveraging the key features outlined in the article. The article, with its economic dimension, emerges as a vital resource for stakeholders aiming to streamline the relocation process. Through the outlined key features, businesses and policymakers can make well-informed decisions that not only align with sustainable development goals but also foster economic resilience and growth. Furthermore, the research carries substantial potential in exploring the post-relocation development of companies, drawing insights from the experiences of those who have already undergone relocation. By delving into the economic, social, and environmental dimensions of businesses' evolution post-relocation, the study can reveal patterns of resilience, innovation, and growth. Examining the post-relocation landscape provides an opportunity to assess the effectiveness of sustainable practices adopted during relocation and their impact on long-term economic performance. Leveraging the experiences of previously relocated enterprises offers practical insights into the challenges and opportunities in the post-relocation phase. In essence, the article not only optimizes the relocation process but also serves as a foundation for an exploration of post-relocation development, offering a roadmap for sustained economic resilience and growth.
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spelling doaj.art-e5b6d3dd9c224bf49988e94870269d3e2024-10-03T09:13:51ZengFINTECH Alliance LLCФінансово-кредитна діяльність: проблеми теорії та практики2306-49942310-87702024-02-0115410.55643/fcaptp.1.54.2024.4248AN ENTROPIC PERSPECTIVE ON BUSINESS RELOCATION IN THE CONTEXT OF SUSTAINABLE DEVELOPMENTMariia Tepliuk 0Yevheniia Polishchuk1Boris Fomenko 2Anastasia Bortnik 3Oksana Domina 4Solomiia Matsola 5Candidate of Economy Sciences, Associate Professor of the Department of Business Economics and Entrepreneurship, Kyiv National Economic University named after Vadym Hetman, Kyiv, UkraineD.Sc. in Economics, Professor of the Department of Corporative Finance and Controlling Department, Kyiv National Economic University named after Vadym Hetman, Kyiv, UkrainePhD Student of the Department of Business Economics and Entrepreneurship, Kyiv National Economic University named after Vadym Hetman, Kyiv, UkraineCandidate of Economic Sciences, Business Trainer, KROK Business School, Kyiv, UkraineCandidate of Economy Sciences, Assistant of the Department of International Economy and Marketing, Taras Shevchenko National University of Kyiv, Kyiv, UkraineCandidate of Economy Sciences, Associate Professor, Visiting Researcher, University of Westminster, London, Great Britain This article explores dynamic shifts in entropy, focusing on the entropic perspective of business relocation within the sustainable development framework. Emphasizing sustainable practices and long-term goals, the research employs deep interviewing to gain profound insights into Ukrainian businesses' perspectives on relocation challenges. The study examines the intricacies of moving through the prism of entropy. It comprehensively addresses multifaceted issues during relocation, highlighting the delicate balance between disruption and opportunities. Providing insights into adaptive strategies, the study aids scholars, policymakers, and businesses in navigating the uncertainties of global economic changes. It serves as a guiding beacon for strategic and successful relocation, offering practical insights based on real-life cases. Stakeholders can optimize the relocation process by leveraging the key features outlined in the article. The article, with its economic dimension, emerges as a vital resource for stakeholders aiming to streamline the relocation process. Through the outlined key features, businesses and policymakers can make well-informed decisions that not only align with sustainable development goals but also foster economic resilience and growth. Furthermore, the research carries substantial potential in exploring the post-relocation development of companies, drawing insights from the experiences of those who have already undergone relocation. By delving into the economic, social, and environmental dimensions of businesses' evolution post-relocation, the study can reveal patterns of resilience, innovation, and growth. Examining the post-relocation landscape provides an opportunity to assess the effectiveness of sustainable practices adopted during relocation and their impact on long-term economic performance. Leveraging the experiences of previously relocated enterprises offers practical insights into the challenges and opportunities in the post-relocation phase. In essence, the article not only optimizes the relocation process but also serves as a foundation for an exploration of post-relocation development, offering a roadmap for sustained economic resilience and growth. https://fkd.net.ua/index.php/fkd/article/view/4248entropic perspectivebusiness relocationrequire careful planningstrategic thinkinginternational businesssustainable development
spellingShingle Mariia Tepliuk
Yevheniia Polishchuk
Boris Fomenko
Anastasia Bortnik
Oksana Domina
Solomiia Matsola
AN ENTROPIC PERSPECTIVE ON BUSINESS RELOCATION IN THE CONTEXT OF SUSTAINABLE DEVELOPMENT
Фінансово-кредитна діяльність: проблеми теорії та практики
entropic perspective
business relocation
require careful planning
strategic thinking
international business
sustainable development
title AN ENTROPIC PERSPECTIVE ON BUSINESS RELOCATION IN THE CONTEXT OF SUSTAINABLE DEVELOPMENT
title_full AN ENTROPIC PERSPECTIVE ON BUSINESS RELOCATION IN THE CONTEXT OF SUSTAINABLE DEVELOPMENT
title_fullStr AN ENTROPIC PERSPECTIVE ON BUSINESS RELOCATION IN THE CONTEXT OF SUSTAINABLE DEVELOPMENT
title_full_unstemmed AN ENTROPIC PERSPECTIVE ON BUSINESS RELOCATION IN THE CONTEXT OF SUSTAINABLE DEVELOPMENT
title_short AN ENTROPIC PERSPECTIVE ON BUSINESS RELOCATION IN THE CONTEXT OF SUSTAINABLE DEVELOPMENT
title_sort entropic perspective on business relocation in the context of sustainable development
topic entropic perspective
business relocation
require careful planning
strategic thinking
international business
sustainable development
url https://fkd.net.ua/index.php/fkd/article/view/4248
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