THE CONCEPT OF ECONOMIC ECOSYSTEMS AS SUSTAINABLE SOCIAL-ECONOMIC SYSTEM DEVELOPMENT DRIVERS
Abstract
Ensure sustainability and inclusive is current challenge of modern economic development. But different humanity attempts to be in balance with nature have failed. Besides, it has not been found any universal way to meet the environmental safe in industrial development. The paper addresses the concept of economic ecosystem and defines its role in developing economy on the way to its sustainability and inclusive, assessing the main components and the mechanism. The System Change Compass was used as a model proposed by SYSTEMIQ, the Club of Rome, and the Open Society European Policy Institute. Describing economic ecosystem was based on content analysis, including the use of some strategic concepts – an aim, directions, a mechanism of realization (operation), and levels of management. Structuring of the economy on the base of the economic ecosystem helps to highlight a clearer understanding of the connection between them. It helps to form the link between ecosystems to make governance decisions more effective on the way to the sustainability through the usage of industrial priorities. The mechanism of realization of the economic ecosystem, slashing environmental effects, realizes on the base of integrating industrial priorities into businesses, resulting in the development of Champion orientations – economic sub-ecosystems. Filling up a theoretical model of the economy on the ecosystem approach with additional ecosystems to complete according to the result of investigating the current economic situation in each individual country makes it a practical instrument.
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European Publisher
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1-1
Subjects
sustainable development, ecology, economy, technologies, green technologies
Cite this article as:
S., R. E. (2024). THE CONCEPT OF ECONOMIC ECOSYSTEMS AS SUSTAINABLE SOCIAL-ECONOMIC SYSTEM DEVELOPMENT DRIVERS. In M. R. Nakhaev, A. S. Salamova, A. Wojdilo, V. Ricardo, & V. Micale (Eds.), Proofreading - Upcoming Volume: Modern Trends in Governance and Sustainable Development of Socio-economic Systems: From Regional Development to Global Economic Growth, vol -. European Proceedings of Multidisciplinary Sciences (pp. 0-0). European Publisher. https://doi.org/10.15405/epms.2024.09.24