Formation of an innovative model for the development of e-commerce as part of ensuring business economic security
Abstract
The purpose of the article is to formulate a methodological approach to building a model of e-commerce development in the context of ensuring the economic security of business. The object of the study is the business activity of socio-economic systems and their economic security. The scientific task is to model the stages and processes of e-commerce development in the framework of ensuring business economic security. The key problem is the lack of a clear methodological approach to modeling the development of e-commerce in the context of ensuring the economic security of business. A review of the literature showed that there is no single approach to solving this problem. The research methodology involves the use of functional modeling technology. This is achieved through a graphical modeling method. Based on the results of the study, the main model for the development of e-commerce in the framework of ensuring the economic security of business was presented. Each block has been modeled separately for better understanding. The scientific innovativeness of the presented research results consists in the presented methodological approach to determining the ways for the development of e-commerce in the framework of ensuring the economic security of a business.
Keyword : business, economic security, innovation, model, e-commerce, modelling
How to Cite
Alazzam, F. A. F., Tubishat, B. M. A.-R., Savchenko, O., Pitel, N., & Diuk, O. (2023). Formation of an innovative model for the development of e-commerce as part of ensuring business economic security. Business: Theory and Practice, 24(2), 594–603. https://doi.org/10.3846/btp.2023.19781
This work is licensed under a Creative Commons Attribution 4.0 International License.
References
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Alazzam, F. A. F., Shakhatreh, H. J. M., Gharaibeh, Z. I. Y., Didiuk, I., & Sylkin, O. (2023). Developing an information model for E-commerce platforms: A study on modern socio-economic systems in the context of global digitalization and legal compliance. Ingénierie des Systèmes d’Information, 28(4), 969–974. https://doi.org/10.18280/isi.280417
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Al-Tit, A. A. (2020). E-commerce drivers and barriers and their impact on e-customer loyalty in small and medium-sized enterprises (SMES). Business: Theory and Practice, 21(1), 146–157. https://doi.org/10.3846/btp.2020.11612
Al-Tit, A., Omri, A., & Bel Hadj, T. (2020). The driving factors of the social commerce intention of Saudi Arabia’s online communities. International Journal of Engineering Business Management, 12, 1–8. https://doi.org/10.1177/1847979019899746
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Grzelczak, M., & Pastusiak, R. (2020). Cashless payments and economic growth in selected European countries. Annales Universitatis Mariae Curie-Skłodowska, sectio H – Oeconomia, 54(3), 33–46. https://doi.org/10.17951/h.2020.54.3.33-46
Guseva, N. (2010). Identification and analysis of the electronic commerce quality criteria. Business: Theory and Practice, 11(2), 96–106. https://doi.org/10.3846/btp.2010.11
Jøsang, A. (2007). Trust and reputation systems. Lecture Notes in Computer Science, 4677, 209–245. https://doi.org/10.1007/978-3-540-74810-6_8
Kopytko, M., Myskiv, G., Lykholat, S., Petryshyn, N., Taranskiy, I., & Tiurina, N. (2022). Planning of resource support for the management system of the process of increasing the level of competitiveness in the environment of the functioning of the socio-economic system. International Journal of Sustainable Development & Planning, 17(8), 2571–2577. https://doi.org/10.18280/ijsdp.170825
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Marhasova, V., Tulchynska, S., Popelo, O., Garafonova, O., Yaroshenko, I., & Semykhulyna, I. (2022). Modeling the harmony of economic development of regions in the context of sustainable development. International Journal of Sustainable Development and Planning, 17(2), 441–448. https://doi.org/10.18280/ijsdp.170209
Pang, X. R., & Pang, Y. (2022). Evaluation model and influencing factors of consumer satisfaction with E-Commerce platform. Ingénierie des Systèmes d’Information, 27(6), 983–990. https://doi.org/10.18280/isi.270615
Rushchyshyn, N., Medynska, T., Nikonenko, U., Kostak, Z., & Ivanova, R. (2021). Regulatory and legal component in ensuring state’s financial security. Business: Theory and Practice, 22(2), 232–240. https://doi.org/10.3846/btp.2021.13580
Saleh, A. J., Alazzam, F. A. F., Aldrou, K. K. A. R., & Zavalna, Zh. (2020). Legal aspects of the management of cryptocurrency assets in the national security system. Journal of Security and Sustainability Issues, 10(1), 235–247. https://doi.org/10.9770/jssi.2020.10.1(17)
Sylkin, O., Kryshtanovych, M., Zachepa, A., Bilous, S., & Krasko, A. (2019a). Modeling the process of applying anti-crisis management in the system of ensuring financial security of the enterprise. Business: Theory and Practice, 20, 446–455. https://doi.org/10.3846/btp.2019.41
Sylkin, O., Krystyniak, M., Pushak, Y., Ogirko, O., & Ratushniak, Y. (2019b). Anti-crisis strategy in the system of ensuring financial security of the engineering enterprise: Theoretical and practical aspects. In 2019 IEEE International Scientific-Practical Conference: Problems of Infocommunications Science and Technology (PIC S&T) Proceedings (pp. 256–260). IEEE. https://doi.org/10.1109/PICST47496.2019.9061346
Sylkin, O., Shtangret, A., Ogirko, O., & Melnikov, A. (2018). Assessing the financial security of the engineering enterprises as preconditions of the application of anti-crisis management: Practical aspect. Business and Economic Horizons (BEH), 14(4), 926–940. https://doi.org/10.15208/beh.2018.63
Teerasoponpong, S., & Sopadang, A. (2022). Decision support system for adaptive sourcing and inventory management in small-and medium-sized enterprises. Robotics and Computer-Integrated Manufacturing, 73, 102226. https://doi.org/10.1016/j.rcim.2021.102226
Toska, A., & Fetai, B. (2023). The impact of e-commerce on the economic growth of the Western Balkan countries: A panel data analysis. International Journal of Sustainable Development and Planning, 18(3), 935–941. https://doi.org/10.18280/ijsdp.180329
Tridalestari, F. A., Mustafid, Warsito, B., Wibowo, A., Prasetyo, H. N. (2022). Analysis of e-commerce process in the downstream section of supply chain management based on process and data mining. Ingénierie des Systèmes d’Information, 27(1), 81–91. https://doi.org/10.18280/isi.270110
Tytykalo, V., Kovalenko, N., Pohrebniak, A., Nahorna, I., & Kalyniuk, V. (2023). Assessment of adaptive management of economic security of enterprises in the context of globalization challenges and sustainable development. International Journal of Sustainable Development and Planning, 18(4), 1271–1281. https://doi.org/10.18280/ijsdp.180432
Zybareva, O., Shevchenko, I., Tulchynska, S., Popov, O., & Yangulov, E. (2022). Assessment of spatial challenges of the economic security system of industrial enterprises. International Journal of Safety and Security Engineering, 12(4), 421–428. https://doi.org/10.18280/ijsse.120402