Smart Green Innovations in Industry 4.0
New Opportunities for Climate Change Risk Management in the “Decade of Action”
- 2023
- Book
- Editor
- Elena G. Popkova
- Book Series
- Springer Climate
- Publisher
- Springer Nature Switzerland
About this book
This book is concerned with the study of climate change from the perspective of risks for the economy and business. Rethinking climate change from a risk perspective allows making a significant transition from the consideration of climate as a predetermined and permanent context to its interpretation as a factor that influences the economy and business. Thanks to the new risk perspective on climate change, the book offers opportunities and offers recommendations for adapting businesses and economic sectors to climate risks.
As a forward-looking response (management measure) to the risks of climate change in the economy and business, this book suggests using smart green innovations in Industry 4.0 – high technologies in support of the sustainable development goals (SDGs). The advantage of smart technologies to combat climate change is their increased flexibility and adaptability, as well as the resistance of smart (automated, robotic) machines to different environmental conditions.
The academic significance of the book is attributable to the fact that it covers, as widely and comprehensively as possible, the full range of ground-breaking smart green innovations in Industry 4.0 with a potential of climate change risk management: from green finance (for example, blockchain-based cryptocurrencies) to smart and clean energy, as well as smart industrial innovations in Industry 4.0. The combination of public and corporate risk management measures of climate change allows achieving a “synergetic effect” in the form of enhanced support for the implementation of the SDGs.
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Table of Contents
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Frontmatter
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Climate Responsibility in Managing Entrepreneurship in Digital Economy Markets
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Frontmatter
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Competitiveness of Climate-Responsible Entrepreneurship of Central Asia and Eastern Europe in the World Markets of the Digital Economy
Elena G. PopkovaThe chapter delves into the competitiveness of climate-responsible entrepreneurship in Central Asia and Eastern Europe within the global digital economy markets. It examines how these regions balance economic growth, digital innovation, and climate change mitigation. By employing the matrix method, the study visually represents the relationship between the development of the digital economy and climate change policies. The analysis reveals that while most countries in the sample have a high level of digital economy development, only a few effectively balance this with climate-responsible entrepreneurship. Eastern European countries generally demonstrate a better balance, while Central Asian countries prioritize digital economy development over environmental effectiveness. The findings highlight the need for a balanced approach to achieve high levels of climate-responsible entrepreneurship competitiveness in the digital economy.AI Generated
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AbstractPurpose: This work dwells on the issues of achieving a high level of competitiveness of climate-responsible entrepreneurship in the markets of the digital economy, viewed from the position of the countries of Eastern Europe and Central Asia. A sample of countries was studied based on the criteria of successfulness of their policy in the issues of fighting climate change and the development of the digital economy.Design/methodology/approach: The research methodology is based on the matrix method, which envisages the determination of the countries’ positions by the criteria of effectiveness of actions aimed at fighting climate change and development of the digital economy; in their totality, they characterise the level of climate-responsible entrepreneurship’s competitiveness in the markets of the digital economy.Findings: The level of competitiveness of climate-responsible entrepreneurship in countries of Central Asia and Eastern Europe in the markets of the digital economy was determined by the criteria of environmental effectiveness and the level of digital technologies development. The level of the balance of the countries’ development by the designated criteria was discovered; the domination of climate-responsible or digital priority in a country’s development was determined.Originality/value: The results obtained have a very important methodological value for the research in the sphere of assessment of the level of entrepreneurship’s climate responsibility in the markets of the digital economy. They allow structuring objects of the sample by the level of successfulness of their climate-responsible policy, considering the directions for correcting their activities. -
Digital Environment of Entrepreneurial Structures as a Basis for Spatial Regional Development: Problems and Ways to Solve Them
Irina A. Morozova, Ekaterina V. Kuzmina, Svetlana A. Shevchenko, Mariya I. Kuzmina, Valentina A. DorzhdeevaThe chapter delves into the pivotal role of digital entrepreneurship in driving regional economic development, despite significant territorial disparities. It identifies key challenges such as regulatory gaps, lack of IT specialists, investment scarcity, cybersecurity concerns, and inadequate infrastructure. The authors propose a three-stage conceptual scheme to unify digital ecosystems, enhance labour productivity, and foster high-tech product development. This innovative approach promises to transform business processes and models, leveraging technologies like cloud computing, big data, AI, and blockchain. The chapter offers a roadmap for overcoming obstacles and creating a sustainable digital entrepreneurial environment, contributing to the progressive development of regions and the national economy.AI Generated
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AbstractThe research aims to identify the main problems and limitations of the development of digital entrepreneurship in the context of regional development and search for possible solutions. Currently, the digital economy is a global trend. Despite the intensification of scientific research and applied developments in the area of information technology, the problems of developing entrepreneurship, territorial disproportions and improving elements of infrastructure systems that use digital innovations remain relevant. Applying general logical, theoretical and empirical methods of scientific knowledge and systemic approach, the research identifies regulatory and legislative, personnel, investment, infrastructure, technical and organisational problems, as well as cyber security problems that impede the development of digital entrepreneurship. Moreover, the research suggests separate ways to solve the problems identified. The authors revealed that the studied problems are of regulatory, personnel, investment, technical, infrastructural and organisational nature. The authors propose a conceptual scheme for combining industry environments containing universal platforms and services to solve these problems. The conceptual scheme includes three stages: (1) creation of innovative technologies in entrepreneurship, (2) innovation of all areas of entrepreneurship and creation of basic infrastructure platforms and (3) formation of a single digital entrepreneurial eco-environment, including compatible industry environments. In total, a single digital eco-environment ensures the interaction of business entities and the development of infrastructure platforms and technologies. There is an integration of industry markets into a single ecosystem of a digital regional economy. The authors’ approach to the systemic formation of a unified digital business environment will contribute to the growth of socio-economic indicators and the region’s development. -
Platform Approach as an Innovative Trend in the Development of Digital Entrepreneurship: Regional Aspect
Irina А. Morozova, Ekaterina V. Kuzmina, Svetlana A. Shevchenko, Mariya I. Kuzmina, Valentina A. DorzhdeevaThe chapter delves into the transformative role of digital platforms in digital entrepreneurship, highlighting their potential to boost regional economic growth and competitiveness. It presents a detailed algorithm for managing digital entrepreneurship, encompassing business process analysis, digital transformation, and effectiveness evaluation. The research substantiates the effectiveness of digital platforms in enhancing economic and innovative efficiency, offering a nuanced SWOT analysis of their implementation. The authors emphasize the need for a favorable business environment and the integration of digital platforms into the ecosystem to unlock their full potential. The chapter concludes by underscoring the future prospects of digital platforms in driving innovative activity and improving socio-economic conditions in regions.AI Generated
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AbstractThe research aims to identify the main innovative trends in the development of digital entrepreneurship, revealing the prospects for improving the socio-economic indicators of the functioning of regions. This research is based on a systemic approach that involves the formation of the current state of digital entrepreneurship in the context of the spread of digital innovations in the economy of Russia and its regions. Applying theoretical, empirical and logical methods of scientific knowledge, the authors propose an algorithm for managing the development of digital entrepreneurship to improve the social and economic performance of the region. The effectiveness of the use of digital platforms in the activities of business structures is determined by the acquisition of the competitive advantages of the region, the increase in the socio-economic indicators of the development of the territorial unit and the increase in innovation and investment potential of the subject’s industries. The authors formulated and proposed the conceptual provisions for the use of digital platforms in entrepreneurship to increase the economic and innovative efficiency of activities: a digital platform based on information technology embedded in a business model creates additional value, improves the production process and optimises the interaction between participants in the business process. In this research, the authors propose an algorithm for managing the development of digital entrepreneurship through the use of digital platforms. The SWOT analysis, which confirmed the possibility and necessity of using digital platforms, was used to assess the possibility of using digital platforms in the activities of business structures from the point of view of the state of the external and internal environment. According to the authors, digital entrepreneurship contributes to the sustainable development of regions. Digital platforms provide new opportunities and initiate the development of digital entrepreneurship and all sectors of the economy, become drivers of innovation and investment activity and improve the socio-economic condition of regions. The algorithm for developing digital entrepreneurship proposed by the authors will contribute to the creation of science-intensive and high-tech products, the growth of the economic value added and the spread of digital technologies in all areas of the economy. -
High-Tech Export as a Vector of Development of Climate-Responsible Entrepreneurship in the Markets of the Digital Economy in Developed Countries
Saida M. Ibraimova, Azisbek A. Beksultanov, Larisa V. Shabaltina, Tatiana A. DuginaThe chapter delves into the pivotal role of high-tech exports in fostering climate-responsible entrepreneurship within the digital economy of developed countries. It examines how the growth of high-tech production and export not only stimulates economic development but also contributes to climate protection through the implementation of low-carbon technologies and energy-efficient practices. The study focuses on key countries such as China, Germany, and the USA, showcasing their strategies and successes in reducing CO2 emissions and promoting sustainable business models. By integrating statistical analysis and real-world examples, the chapter offers valuable insights into the systemic impact of high-tech exports on ecologisation and the potential for global replication of these strategies.AI Generated
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AbstractHigh technologies became an inseparable part of industry in developed countries over the last 20 years, when the industrial society was replaced by the information society. Despite the various manifestations of economic crises, modern consumers are aiming at the purchase of new digital technologies, which would allow them to be comfortable in private life and business environment. High-tech solutions also allow for the development of critically important sectors of life activities, e.g. medicine, and ensure the functioning of complex productions, which contribute to national GDP (including through export). Due to access to capital and R&D, developed countries achieve higher indicators of high-tech product export.Based on a wide array of statistical, analytical and empirical data, we elaborate on the connection between the growth of high-tech export and the improvement of climate characteristics of territories where productions and logistics structures are located. We also test the hypothesis on the government’s need to support high-tech export as the basis of implementing the UN SDGs in the sphere of climate-responsible entrepreneurship. -
Effects of the Economic Crisis on the Development of Climate-Responsible Entrepreneurship in the Markets of the Digital Economy in Developed and Developing Countries
Timur M. Israilov, Elena A. Sergodeeva, Valentina I. Rodionova, Milyausha K. KhalilovaThis chapter delves into the effects of economic crises on the development of climate-responsible entrepreneurship within the digital economy. It examines how various countries, both developed and developing, have responded to economic downturns by leveraging innovative digital tools to promote climate protection and sustainability. The study highlights successful strategies employed by companies to mitigate the impacts of crises, such as the dot-com bubble, the Great Recession, and the COVID-19 pandemic. Case studies from the USA, Iceland, China, and Brazil illustrate how businesses have adapted to economic challenges while maintaining a focus on environmental goals. The chapter also explores the balance between economic growth, environmental protection, and technological advancement, emphasizing the importance of partnerships and digital innovation in achieving sustainable development. By analyzing these specific cases, the chapter offers valuable insights into the resilience and adaptability of climate-responsible entrepreneurship in the face of economic adversity.AI Generated
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AbstractThe study of the specifics of overcoming and adapting to crisis phenomena in the economy from the position of innovative entrepreneurship, which, apart from the goals of economic stabilisation and growth, sets and achieves the goals of climate protection, is very important. In this work, we determined the characteristics of managing the activities in the sphere of ecologisation from the position of large innovative companies as flagships of climate, technological development and economic growth.We revealed the main features of an environmentally oriented business environment in response to economic challenges, which are connected with national and world crises. We demonstrated the most effective practices of the leading companies that represent the most competitive spheres of the economy in developing and developed countries. For this purpose, we used official materials on the studied companies and the systematised analytical and theoretical and empirical data. The designated directions of the anti-crisis activity may become the basis for improving the companies’ indicators and the foundation for cardinal optimisation of the economic and technological state of countries and improvement of the parameters of ecologisation. -
Conditions of Doing Business for the Development of Climate-Responsible Entrepreneurship in the Markets of the Digital Economy on the Example of Developed and Developing Countries
Ainura A. Adieva, Kanikei T. Samieva, Milyausha K. Khalilova, Olga B. TokarevaThe chapter delves into the intricate relationship between business conditions, climate change mitigation, and digital economy development. It examines how the Doing Business Index, which focuses on simplifying business regulations, interacts with climate change performance and digital economy indices. The analysis reveals a weak correlation between business conditions and climate-responsible entrepreneurship but a significant link between business and digital economy development. The study highlights the need for integrating sustainability criteria into business regulations and digital technologies to achieve the Sustainable Development Goals effectively. The chapter concludes by emphasizing the importance of a holistic approach that balances economic, digital, and environmental objectives.AI Generated
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AbstractThis research is aimed at determining the influence of conditions for doing business on the development of climate-responsible entrepreneurship in the markets of the digital economy in countries with different levels of economic development, which involves the identification of the connection between the conditions for doing business, achievement of the Sustainable Development Goals and the use of the digital economy’s opportunities.The research methodology includes several approaches to business that reflect its treatment as purely economic activities, socially responsible activities and activities under the conditions of the digital economy.We discovered the topicality of the criteria of climate responsibility and digital development of business in modern conditions. It was found that the Doing Business rating is important for determining the problems and directions for the reformation of the entrepreneurial environment. The indicators included in the Doing Business Index do not reflect the values of climate responsibility and the potential of the digital economy.The results obtained contain important conclusions and may be used to justify the necessity to take into account the SDGs when determining the conditions for doing business in the digital economy. This is the basis for supplementing the indicators of the Doing Business rating with indicators that characterise the successfulness of the fight against climate change and the level of the digital economy’s development. -
The Contribution of Climate-Responsible Entrepreneurship in the Digital Economy Markets to Green Growth in Developed and Developing Countries
Vladimir S. Osipov, Uran N. Busurmankulova, Tatiana V. Popova, Tatiana I. BarsukovaThe chapter investigates the contribution of climate-responsible entrepreneurship in the digital economy markets to green growth in both developed and developing countries. It examines the integration of innovative companies into the international economic space and their role in addressing climate protection issues. The study focuses on the parameters of green growth, such as clean water, biodiversity, and renewable energy, and how entrepreneurship can drive these parameters through energy efficiency and waste management. The analysis includes case studies from countries like the UAE, Kazakhstan, South Korea, and the Netherlands, showcasing the impact of digitalisation and entrepreneurial activities on green growth indicators. The chapter also discusses the motivations behind entrepreneurial participation in green growth projects and the role of government support. By comparing the effectiveness of entrepreneurial efforts across different countries, the chapter offers insights into the potential for achieving green growth and the challenges that remain.AI Generated
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AbstractClimate change urges all countries of the world to take measures for environmental protection for the current and future generations. Certain countries, which have large reserves of fossil energy resources, do not demonstrate significant achievements in the reduction of climate footprint, including from the activities of the entrepreneurial sector. However, on the whole, most countries, national companies and companies that function at the international and global levels implement changes in favour of climate protection. The role of entrepreneurship in the realisation of the strategy of green growth in developed and developing countries is assessed in this paper from the position of the reasons for its activation, impact on ecology and economic system.The main reasons for entrepreneurship’s participation in implementing the goals of green growth of countries are described, and the key prospects under the conditions of the energy transition to renewable energy are distinguished. The presented results are formulated within a comprehensive analysis of statistical, empirical and theoretical data on the transformations of entrepreneurship’s functioning in the considered countries in the context of the impact on the parameters of green growth. It is proved that striving toward economic integration in external markets and economic growth are the priority in companies’ selecting a course toward the achievement of green growth. -
Sustainable Development of Climate-Responsible Entrepreneurship of Central Asia and Eastern Europe in the Digital Economy Markets Under the Crisis Conditions
Ainura A. Adieva, Erkegul M. Biimyrsaeva, Tariel Ch. Tashibekov, Platon A. LifanovThis chapter delves into the sustainable development of climate-responsible entrepreneurship in Central Asia and Eastern Europe, focusing on the digital economy markets under crisis conditions. It examines how entrepreneurship supports government initiatives in sustainable development while protecting ecosystems. The study reveals varying levels of entrepreneurial climate across regions, with digitalization playing a crucial role in climate-responsible behavior. Despite crises like the COVID-19 pandemic and energy crisis, countries in these regions have shown resilience and growth in GDP. The chapter also explores specific cases, such as Poland's successful reduction of SO2 emissions and Romania's implementation of renewable energy, highlighting the importance of government support and digital tools in achieving climate-related Sustainable Development Goals. The analysis underscores the need for strategic changes in economic and energy policies to overcome existing barriers and promote sustainable growth.AI Generated
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AbstractInnovations in various spheres, including in the implementation of digital technologies to solve climate problems, come initially from the business. They are required by the business to enter new markets, integrate into the international environment, reduce the pricing parameter and attract more consumers. Entrepreneurship is the driving force of the innovative digital formation of the economy, influencing the parameters of the UN Sustainable Development Goals. Climate goals of countries are sometimes realised not only within the orientation toward national norms and standards but also based on the interests and initiatives of the business. Such a course was selected by the entrepreneurial sector of countries of Eastern Europe and Central Asia.In this work, we identify the role of the business environment in the resolution of a range of climate problems in the studied countries and prove that the entrepreneurial sector facilitates the transition to renewable energy.Analysis of the functioning of entrepreneurship in the selected territories and determination of the specifics of its influence on climate protection were performed based on analytical and statistical materials, as well as empirical results.We discovered the necessity to raise the level of a country’s integration into the sphere of achievement of environmental SDGs in the context of support for the activity of the business environment (provision of subsidies and creation of a favourable entrepreneurial climate). -
Practical Experience of Climate-Responsible Business in the Digital Economy Markets in the Eurasian Economic Union (EAEU)
Aidarbek T. Gyiazov, Nurgazy Zh. Isakov, Zhypara Asilbek Kyzy, Tanirbergen S. DarkenbaevThis chapter delves into the practical experiences of climate-responsible business within the Eurasian Economic Union (EAEU), focusing on the digital economy markets. It begins by outlining the climate risks and CO2 emissions in EAEU countries, showing how these nations are both contributors to and victims of climate change. The chapter then assesses the level of digital economy development in each EAEU country, using various indices to compare their progress. A key highlight is the detailed examination of successful Green Tech start-ups in the region, which are tackling issues such as alternative energy, waste management, and smart agriculture. The chapter concludes by discussing the importance of these digital solutions in fighting climate change and adapting to its impacts, offering valuable insights into the future of climate-responsible business in the EAEU.AI Generated
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AbstractThis paper elaborates on the practical experience of climate-responsible business in the digital markets in the EAEU according to the general tendencies of climate change, the development of the digital economy and the use of its tools to solve or alleviate the processes connected with climate change in the EAEU.The research methodology is based on the processes approach, which involves the consistent study of the problem, with the stage-by-stage determination of the level of climate risks for countries of the EAEU and the level of their involvement in the global processes of fighting climate change and in the success of this activity, progress in the formation of the digital economy and determination of the applied examples of the digital technologies use in the context of climate-responsible business.We identify the level and influence of climate risks on countries of the EAEU, the effectiveness of the policy of their reaction to climate challenges, the level of the digital economy development in these countries and generalise information on the common and isolated policy of the EAEU members in the context of resolving or assuaging problems connected with climate change and the development of the digital economy. Based on this, we justify the necessity to increase efforts that are required for strengthening of countries’ positions within the research problem.The results obtained are important for the reflection of the practical experience of implementing the concept of climate-responsible business in countries of the EAEU. -
Case Experience of Adaptation of Climate-Responsible Entrepreneurship in the Russian Markets of the Digital Economy to the Conditions of the COVID-19 Pandemic and Crisis
Ainura K. Isagalieva, Marina L. Nechaeva, Fedor P. Potapov, Tatiana A. DuginaThis chapter delves into the strategic adaptation of Russian companies in the digital economy to climate-responsible entrepreneurship amidst the COVID-19 pandemic. It highlights the crucial role of digitalisation in achieving positive business outcomes and environmental goals. The study focuses on key players like PJSC Novatek, TOK Arsenal, and Fortum PJSC, showcasing their innovative approaches to energy transition and climate protection. The analysis reveals how these companies navigated the crisis by integrating renewable energy technologies and digital tools, achieving both economic growth and environmental sustainability. The chapter offers valuable insights into the effective use of case strategies and digital management techniques, making it a must-read for professionals interested in sustainable business practices during crises.AI Generated
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AbstractIt is necessary to protect the climate and support the corresponding measures during the stable growth of the economy and under the conditions of a crisis. The COVID-19 pandemic and the related crisis phenomena in the Russian economy led to a certain neglect of environmental problems and concentration on economic problems. Such a situation was observed in the economies of many countries during that period. Despite such tendencies, some companies did not refuse the adopted climate-responsible course, which was fixed in their strategies. These companies use effective measures according to the case strategy of adaptation. The success of their functioning is connected with the use of digitalisation, which allows reaching the set landmarks in the environmental sphere (energy transition).The novel aspect of this research is the determination of the direction of the case experience of the adaptation of climate-responsible entrepreneurship of Russia in the markets of the digital economy during the COVID-19 pandemic and crisis.The purpose of this research is to elaborate on the list of effective directions for the use of the specifics of case experience of adaptation of Russian climate-responsible business to the conditions of the COVID-19 pandemic and crisis. -
Case Experience of Conducting Climate-Responsible Entrepreneurship in the Digital Economy Markets in Russia
Aidarbek T. Gyiazov, Nadezda V. Gamulinskaya, Sergei A. Markeev, Zoya V. PopkovaThis chapter delves into the practical experiences of Russian enterprises in adopting climate-responsible entrepreneurship strategies within the digital economy. It examines how these businesses have integrated digital technologies to reduce CO2 emissions, improve energy efficiency, and manage waste recycling. The analysis includes case studies of prominent companies such as CJSC EVRAZ NTMK, PJSC TMK, and CJSC RUSAL, showcasing their innovative approaches and the economic benefits they have achieved. The study underscores the importance of digital tools in predicting and managing environmental impacts, offering insights into sustainable business practices in the context of Russia's economic and environmental challenges.AI Generated
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AbstractThe modern digital economy and the global course towards climate conservation are becoming powerful foundations for creating a balanced economic and environmental foundation for the functioning of modern Russian enterprises, striving to remain leaders in certain sectors and integrate into new ones. The environmental problems faced by Russia are largely due to the unsustainable way of production that was inherited by large enterprises from the age of industrial growth. The need to ensure sustainable climatic conditions affects the fact that modern large industrial enterprises assume a high level of responsibility for solving certain environmental problems.With the help of methodological tools (method of collecting facts, method of differentiation, statistical analysis), statistical and analytical base, modern case strategies of a climate-oriented business focused on the introduction of digital tools that increase climate growth and achieve economic performance were systematised and characterised.The scientific novelty of this study is due to the formation of the features of the implementation of case strategies that are implemented at the current stage of the climate-oriented business. -
Customs Regulation in Support of Development of Climate-Responsible Entrepreneurship in Digital Economy Markets
Meerimai Z. Karbekova, Anna A. Grabar, Olga N. Soboleva, Alexander V. Sukhinin, Asya V. KotandzhyanThe chapter delves into the intersection of customs regulation and climate-responsible entrepreneurship, particularly within the digital economy. It examines how national and international bodies use customs policies to regulate resource movement and support environmental goals. The study highlights the specific measures adopted by countries like China and Nigeria to manage e-waste and promote green innovations, showcasing both successful outcomes and areas for improvement. By analyzing these practices, the chapter offers insights into the potential of customs regulation to drive climate action and sustainable development.AI Generated
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AbstractThe customs sphere, similar to the tax sphere, allow ensuring the conditions for sustainable development in the context of the economic, social and climate goals of the country. Participation of climate-responsible entrepreneurship in the achievement of these goals, with the use of modern digital tools, allows reaching high effectiveness in their realisation, with simultaneous support for the activities of business subjects. The application of measures of support of companies through customs regulation opens new prospects but also poses threats to business, which is a sign of the necessity to use a well-balanced approach to regulation and stimulation.In this research, we assess the opportunities for the support of business that aims at ecologisation, through the use of customs regulation measures.This issue is analysed based on the evaluation of analytical and statistical data on the resolution of the problem of a ban on imports of electronic waste as a modern source of threats to the environment, which is peculiar for growth around the world.
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- Title
- Smart Green Innovations in Industry 4.0
- Editor
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Elena G. Popkova
- Copyright Year
- 2023
- Publisher
- Springer Nature Switzerland
- Electronic ISBN
- 978-3-031-45830-9
- Print ISBN
- 978-3-031-45829-3
- DOI
- https://doi.org/10.1007/978-3-031-45830-9
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