PRINCIPLES OF CONTROLLING COMPLEX SYSTEMS IN CIRCULAR ECONOMY (ON THE TRANSNATIONAL CORPORATIONS EXAMPLE) IN THE CONDITIONS OF INDUSTRY 4.0

  • Olena Korohodova National Technical University of Ukraine “Igor Sikorsky Kyiv Polytechnic Institute”
  • Tetiana Moiseienko National Technical University of Ukraine “Igor Sikorsky Kyiv Polytechnic Institute”
Keywords: business processes, complex systems, circular economy, Industry 4.0, transnational corporations

Abstract

The problems of the world socio-economic transformations during the establishment of Industry 4.0 are investigated in this article. The main tendencies in the process of transnationalization of modern business on the basis of circular economy are lighted. The relevance of the research of innovative transnational structures in terms of transition to circular type of economic processes, which implies global and regional effect, is indicated. The research targets are defined: 1) coverage of the adaptation process of complex management systems to Industry 4.0 requirements; 2) formation of fundamental changes in the TNC’s activities on the principles of circular economy; 3) defining the principles of transnational structures function in the conditions of circular economy on the Industry 4.0 basis; 4) formations of proposals for regulating of capital transfer processes in terms of changing the industrial paradigm. The mass implementation process of physical cyber systems in production phases is lighted. The features of circular economy, which consists in the transformation of production and non-production sphere into a single space, are characterized. The problems of formation of the structure of complex systems are defined. Basic elements of the system and their interrelation in the conditions of influence of Industry 4.0 components are visualized. The input and output parameters of the system of management of transnational structures in the context of circular economy are lighted. The main problems of economic content faced by transnational corporations in developing countries are presented. The process of migration of think tanks to developing countries, which resulted in the internationalization of the scientific and research activities in the Industry 4.0, is characterized. A list of structures of transnational type of entrepreneurship, which have economic interests in creating business models of circular type, emphasizes their aspiration to innovative development sustainability. The method of principles formation of transnational type of entrepreneurship functioning in the Industry 4.0 on the basis of circular economy is of interest.

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Published
2019-12-30
How to Cite
Korohodova, O., & Moiseienko, T. (2019). PRINCIPLES OF CONTROLLING COMPLEX SYSTEMS IN CIRCULAR ECONOMY (ON THE TRANSNATIONAL CORPORATIONS EXAMPLE) IN THE CONDITIONS OF INDUSTRY 4.0. Entrepreneurship and Innovation, (7), 85-91. https://doi.org/10.37320/2415-3583/7.14
Section
Practice innovation and entrepreneurship