Theory of the Firm, FDI, and Development in the Light of the Global Challenges: Modern Firms in the Era of Digitalisation and Green Transition

Theory of the Firm, FDI, and Development in the Light of the Global Challenges: Modern Firms in the Era of Digitalisation and Green Transition

Copyright: © 2023 |Pages: 20
ISBN13: 9798369304006|ISBN13 Softcover: 9798369304044|EISBN13: 9798369304013
DOI: 10.4018/979-8-3693-0400-6.ch017
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MLA

Seniuk, Ninel, and Michal Fabus. "Theory of the Firm, FDI, and Development in the Light of the Global Challenges: Modern Firms in the Era of Digitalisation and Green Transition." Optimizing Energy Efficiency During a Global Energy Crisis, edited by Meltem Okur Dinçsoy and Hamit Can, IGI Global, 2023, pp. 307-326. https://doi.org/10.4018/979-8-3693-0400-6.ch017

APA

Seniuk, N. & Fabus, M. (2023). Theory of the Firm, FDI, and Development in the Light of the Global Challenges: Modern Firms in the Era of Digitalisation and Green Transition. In M. Okur Dinçsoy & H. Can (Eds.), Optimizing Energy Efficiency During a Global Energy Crisis (pp. 307-326). IGI Global. https://doi.org/10.4018/979-8-3693-0400-6.ch017

Chicago

Seniuk, Ninel, and Michal Fabus. "Theory of the Firm, FDI, and Development in the Light of the Global Challenges: Modern Firms in the Era of Digitalisation and Green Transition." In Optimizing Energy Efficiency During a Global Energy Crisis, edited by Meltem Okur Dinçsoy and Hamit Can, 307-326. Hershey, PA: IGI Global, 2023. https://doi.org/10.4018/979-8-3693-0400-6.ch017

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Abstract

The world economy and its energy sector are going through tough period of simultaneous imposition of the evolutionary processes of global transformation, digitalization, and green transition on the one hand, and global innovation challenges, geopolitical, and geostrategic upheavals on the other hand. Digitalization, climate mitigation programs, and the green transition contributed to the intensification of the globalization of production and services, and hence the expansion of distributed forms of multi-subject business activities—global value chains (GVC), global production networks (GPN), and global innovation networks (GIN)—and, at the same time, decentralization of green energy advancing the development of distributed generation and consumption of energy resources, as well as the widespread introduction of energy efficient technologies.

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