Analysis of eSports as a commercial activity

Western analysts are still pessimistic about the prospects of technological (innovative) business in Eastern Europe. Not only unsatisfactory domestic economic processes, but also the current global economic structural and industrial transformations are the factors of the decline and backlog in Ukraine. However, unfortunately there is no doctrine in Ukraine to overcome them. The paper deals with the problems of regulation and stimulation of the innovation component of economic growth of enterprises, industries and regions through integrated use of all possible activators. Transformational and overtaking economies are imposed to follow inertial growth strategy based on the ideology of neo-liberalism and market fundamentalism. A flexible and effective protectionist policy and state strategy to stimulate the growth of sectors are especially important. The new government policy of economic growth of Ukraine should take into account that innovatization and intellectualization of macroeconomic processes are the defining vectors in a global terms. This new policy should integrate the concepts of innovatization and renewal innovation of industrial foundation of the country. "Falling out" of the process of intellectualization of economic life would mean the loss of even theoretical perspectives to catch up the leading countries of economic progress. The role of the state, its "hard" and "diffuse" institutions should be rethought in the process of the development of a modern market infrastructure and institutions of developed market relations in Ukraine. So the ways of state impact on socioeconomic processes should be improved. Comprehensive incentive mechanisms such as activators of innovative processes are necessary to develop in the global competition and "global" fight against protectionism instead of clear policy prescriptions. Iryna Shtuler (Ukraine), Ivan Cherlenyak (Ukraine), Alla Domyshche-Medyanik (Ukraine), Sergii Voitovych (Ukraine) BUSINESS PERSPECTIVES LLC "СPС "Business Perspectives"

Applied Studies in Agribusiness and Commerce

Esport was very close to be medal awarded competition at the 2022 Asian Games, finally esport excluded from the Asian Games but all is not lost that is delayed. We have come a long way since the first real esport tournament, for which the first-place prize was a year-long Rolling stone magazine subscription. Nowadays in the digitalized world esport develops faster than any other sport, and plays an important role in the entertainment industry as well. Stadiums are crowded, streams are watched by millions worldwide, and the pace doesn’t seem to ease up in the future either. As Hungary is trying to step onto international waters, our main goal was to make a comprehensive review of the Hungarian esport ecosystem analyzing the national picture of electronic sport. Although there is not much domestic literature regarding the topic, as a secondary research we choose to use available Hungarian papers to piece together a comprehensive picture. We move on step by step through the biggest sta...

Journal of Applied Sport Management, 2018

Typically played via the Internet, eSports (organized competitive video gaming) is becoming a global phenomenon. The popularity of video games and the desire to spectate online and in-person gaming has amplified as Internet-based gaming has improved. eSports competitions are hosted all around the world, but particularly in the United States, Europe, and Asia. While eSports-specific venues are increasingly being built, many venues that host eSports competitions were constructed primarily for other professional sports or entertainment. These entertainment facilities must attract popular financially beneficial events in order to survive. eSports events have great potential to fit this mold. This paper briefly describes the development of eSports as well as discusses the current trends in eSports spectator consumption. Moreover, current and future eSports venues are described, highlighting potential licensing, equipment, and personnel requirements needed for hosting eSports events. Open systems theory is utilized to capture and explain the draw of hosting eSports events and how facilities must adapt to their changing environment.

The gaming industry is one of the fastest growing worldwide and its position is changing in view of its economic and social importance. The ecosystem that sustains it is rich and there are complex reasons for its stable growth in countries like Bulgaria even in the period of the COVID-19 pandemic. 1 E. Dias and F. Borges, 2017 2 Video games such as console games, offline PC games, online games in all their variations, mobile games and more are among the most sophisticated applications of computer technology. They are subject to complex copyright protection and are a product and service depending on the right of ownership or access rights for the player (online). (Gancheva, 2013) 3 Also known as "serious games"

Revista Amazonia Investiga

The purpose of the article is to study the development of entrepreneurship in Ukraine during the war, taking into ac-count the need to implement innovative solutions. This necessity is caused by the uncertain environment of the full-scale military aggression of the Russian Federation against Ukraine, from the terrorist acts of which civilian infrastructure and civilians suffer. The uncertainty of the environment in the conditions of hostilities makes it impossible to plan the long-term and medium-term development of entrepreneurship. That is why the article considers the essence and struc-ture of entrepreneurial innovations for the effective organization of activities in the conditions of hostilities. For the development of innovative entrepreneurial activity in Ukraine, according to the authors of the article, special investment conditions should be created. This issue takes on particular importance in 2022-2023, when the country's economy has shifted to a war footing. The arti...

Mechanism of an Economic Regulation

The key tasks of Ukrainian companies in foreign markets are determined in the article on the basis of analysis of the actual problems of foreign economic activity. The technologies of Ukrainian companies (especially small ones) entering foreign markets are quite costly and organizationally complex. Even a once successful strategy of foreign economic activity needs continuous improvement and adjustments in line with changes in the external business environment. Priority areas, innovations, and improvements that will contribute to improving the competitive position of Ukrainian companies in foreign markets include: professional (competence, knowledge, experience), logistics (the basis of supply in foreign trade contracts), insurance (exchange rate risks), financial (currency deregulation), institutional (attraction of external investments), customs (electronic declaration), and technological. The study proved that in a competitive environment, a commercially successful strategy of for...

Poslovna Izvrsnost, 2017

With eSports' ever evolving market presence, an understanding of needs of every stakeholder in the industry is required. With that in mind, segmentantion of the target audience is performed and compared with that of traditional sports audience. The purpose of this research is to come up with new, innovative business models for cultivating and reaping the benefits of this highly competitive and versatile industry.

CBU International Conference Proceedings

Entrepreneurial activity is pursued by large, medium and small business entities which can be introduced by individuals – individual entrepreneurs and legal entities – commercial and non-profit organizations. The entrepreneurial activity of these entities is regulated by the rules of law which may cause problems in law enforcement resulting in the improvement of legal regulation. The article provides a review of some legal regulation issues of entrepreneurial activities of non-profit organizations, the analysis of peculiarities of economic activity exercised by these organizations and covers the problems of differentiation between entrepreneurial and non-entrepreneurial activities that individuals are engaged in. The authors analyze the problem of relations between the concepts of "entrepreneurial activity" and "income-generating activities" which requires a solution by means of elaborating a strategy for existing legislation improvement to prevent situations tha...

IOP Conference Series: Materials Science and Engineering, 2019

The concept of digital economics is entering our life more confidently every day. In the near future, it can completely supplant the material. Many people have become accustomed to using cashless payments and making online purchases. This type of economy is usually considered as a kind of model that is already functioning to a certain extent. Digital economy is such an economy, where an industrial cyber-physical system acts as an industrial complex, a production system creating products and services, ensuring the life and comfort of a person, the population. The aim of the work is to study the digital economy and its role in the development of entrepreneurship on the example of Russian and foreign experience. The article examines is also given the priorities and main tools for the development of the Russian digital economy, for comparison, the experience of foreign countries. The study identified problems that impede the acceleration of these processes, presented the prospects for t...

The article gives proves of complete and systemic movement of the economy of Ukraine to civilized development and consolidation of business in the state. The development of production from pre-capitalist stage to post-industrial society complicates the processes of interaction and exchange activities, which benefits for expanding the scope of activities and the actual business sectors. It connects the economic reality with the needs of the Ukrainian business, enhances cognitive conditions of its perception and innovative process management. The article provides the analysis of the entrance into the innovative activity and organized regulation of interaction which is based on the scientific and technological changes, concentration of production and the feasibility study of administrative decisions, which are dominated by a conglomerate of technical, technological and engineering management decisions. The research formulates the provisions for the productive use of business as the form of economic relations which is based on the entrepreneur function. These provisions are formulated basing on the conditions of efficient division of labor and cooperation. The research singles out a number of systemic positions which allow perceiving logically and distinguishing the production, service and business, to distribute human activities between the groups of occupations and types of service activities. Among these systemic provisions the most efficient is a modeling approach which, when the society enters more complex social and economic stage, transfers the science from the environment of operations with the bulk characteristics into the environment of the analysis of specific sets of coefficients. The logistics of Ukraine’s joining the process of business is associated with the position of the recognition of the primacy of the physical abilities of the person, which should be developed in part in the system of public security and partly in the business environment, commercialization and private capital. Having regulatory and fractal properties, a person enters the business environment and habitat as an initiative individual.