Kazakhstan's Diversification from the Natural Resources Sector: Strategic and Economic Opportunities

This book explores opportunities for diversifying modern Kazakhstan's economy, which is still heavily dependent on its natural resources, as well as looking at economic opportunities for the whole Central Asian region arising from the Chinese government's Belt and Road Initiative (BRI). The book is comprised of four parts. Part 1 explores the first main theme of the book: development of the economy based on the resource sector with the example of Kazakhstan. Part 2 examines opportunities for diversification arising from BRI: a rise of transport and communication industries alongside the new Belt and Road economic route. Part 3 explores the view from China on the perspectives of regional development, not least the economic reasons for the launch of this programme, investments and planned effects. Part 4 discusses other internal sources for diversification of the economy in Kazakhstan based on development of local industry in the oil and gas sector, small- and medium-sized enterprises and tertiary sector of the economy. This book will be of value for students, academics, policy-makers, and practitioners focused on economic development and business in the Central Asian region, as well as those who are working on the design of instruments for economic development in their own countries

Emerging trends and opportunities for industry 4.0 development in Russia

The fourth industrial revolution is the blending of technologies of the physical, digital and biological world, which creates new opportunities and affects political, social and economic systems. The fourth industrial revolution fundamentally transforms modern production, thanks to new technological achievements, including digitalization and robotization, artificial intelligence and the Internet of things (IoT), new materials and biotechnology. Due to these changes, production in developed countries again becomes the main source of prosperity and creation of new jobs. In this paper, the authors aimed at providing a better understanding for Industry 4.0 concept and its application benefits for Russia. The main problem is how the Russian Federation acts against the economically developed countries, which are the creators of Industry 4.0. This paper mainly focuses on presenting the authors views on how to sustain and increase competitive advantage of the Russian Federation by catching and implementing Industry 4.0. With Industry 4.0, Russian Federation get a bigger share of the world manufacturing value chain. In this paper, the authors aimed at providing a better understanding for Industry 4.0 concept and its application benefits for Russia. The main problem is how the Russian Federation acts against the economically developed countries, which are the creators of Industry 4.0. This paper mainly focuses on presenting the authors views on how to sustain and increase competitive advantage of the Russian Federation by catching and implementing Industry 4.0. With Industry 4.0, Russian Federation get a bigger share of the world manufacturing value chain.peer-reviewe

Logistics service providers and Industry 4.0: A systematic literature review

Background: Industry 4.0 is one of the topics related to manufacturing, supply chain and logistics that has received great interest from the academic community, organizations and governments in the last decade. Problem statement: Several published articles discuss and seek to conceptualize what the fourth industrial revolution is, but no research relates industry 4.0 in the context of logistics service providers (LSPs) in a clear and structured way. Objectives: This study aims to fill this research gap, proposing a conceptual framework and addressing the challenges, barriers and organizational dimensions that need adaptation to insert LSPs in the new Industry 4.0 environment. Methods: This theoretical and conceptual study uses the Systematic Literature Review (SLR) as a research method to understand the Industry 4.0 phenomenon in the context of LSPs. Contributions: The relevant constructs identified in this research will help professionals and organizations that provide logistics services to develop strategies and encourage new research in the 15 field of Industry 4.0 from the perspective of LSPs. Results: In addition, this research identified and generally consolidated six dimensions, as a result of this innovative study a conceptual framework is presented

New Organizational Challenges in a Digital World: Securing Cloud Computing Usage and Reacting to Asset-Sharing Platform Disruptions

Information technology (IT) and IT-enabled business models are transforming the business ecosystem and posing new challenges for existing companies. This two-essay dissertation examines two such challenges: cloud security and the disruption of asset-sharing business models.The first essay examines how an organizations usage of cloud storage affects its likelihood of accidental breaches. The quasi-experiment in the U.S. healthcare sector reveals that organizations with higher levels of digitalization (i.e., Electronic Health Records levels) or those with more IT applications running on their internal data center are less likely to experience accidental breaches after using public cloud storage. We argue that digitalization and operational control over IT applications increase organizations awareness and capabilities of establishing a company-wide security culture, thereby reducing negligence related to physical devices and unintended disclosure after adopting cloud storage. The usage of cloud storage is more likely to cause accidental breaches for organizations contracting to more reputable or domain expert vendors. We explain this result as the consequence of less attention being focused on securing personally accessible data and physical devices given high reliance on reputed and knowledgeable cloud providers. This research is among the first to empirically examine the actual security impacts of organizations cloud storage usage and offers practical insights for cloud security management.The second essay examines how Asset-Sharing Business Model Prevalence (ASBMP) affects the performance implications of industry incumbent firms competitive actions when faced with entrants with asset-sharing business models, like Airbnb. ASBMP represents the amount of third-party products and services that originally were unavailable inside the traditional business model but now are orchestrated by asset-sharing companies in an industry. We use texting mining and econometrics approaches to analyze a longitudinal dataset in the accommodation industry. Our results demonstrate that incumbents competitive action repertoires (i.e., action volume, complexity, and heterogeneity) increase their performance when the ASBMP is high but decrease incumbents performance when the ASBMP is low. Practically, incumbents who are facing greater threat from asset-sharing firms can implement more aggressive competitive action repertoires and strategically focus on new product and M&A strategies. This research contributes to the literature of both competitive dynamics and asset-sharing business models

NEW TENDENCY OF ECONOMIC AND FINANCIAL CRIME IN THE CONTEXT OF DIGITAL AGE. A LITERATURE REVIEW

This paper wraps together two big concepts. First of them is the economic and financial crime and the second one is the digitalization. Each one of them has its own sub-components. The economic and financial crime can be split in: corruption, shadow economy, money laundering or cybercrime. Also, the digitalization can be explained as being related to smaller components, such as: connectivity, use of internet or digital public services. We tried to identify the relationship between these two concepts. As time goes on, we notice that the classical methods of economic and financial crime are at the same level as they were in the past, but digitalization is increasingly making itself comfortable in the field, which is why these types of crime methods are blooming. The subject provides a long-term research because of the technological development. This literature review study paves the way for more extensive research in the form of an empirical research, in order to statistically identify which phenomenon affects the other and how it is actually happening