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Role of Business Administration in the Process of Formation of Post-Industrial Economy

Author

Listed:
  • Natalia N. Telnova
  • Svyatoslav Serikov
  • Nelli A. Savelyeva
  • Tatiana Litvinova
  • Alexander Tenishchev

Abstract

The purpose of the article is to determine the role of business administration in the process of formation of post-industrial economy. The research is based on statistical analysis of time rows. With the help of the method of correlation and regression analysis, the author distinguishes the role of entrepreneurship in the process of formation of post-industrial economy through analysis of dependence between the level of development of business and level of development of post-industrial economy in the countries of the world. For provision of representation of the data, the objects of the research are countries from various geographical and socio-economic regions of the world: Sweden, the USA, Russia, China, and India. The author determined the role of business administration in formation of the foundations of post-industrial economy and offered the corresponding model that allows for maximization of business administration’s contribution into the process of formation of post-industrial economy.

Suggested Citation

  • Natalia N. Telnova & Svyatoslav Serikov & Nelli A. Savelyeva & Tatiana Litvinova & Alexander Tenishchev, 2016. "Role of Business Administration in the Process of Formation of Post-Industrial Economy," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 294-301.
  • Handle: RePEc:ers:journl:v:xix:y:2016:i:2:p:294-301
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    References listed on IDEAS

    as
    1. Kristoffer Chelsom Vogt, 2016. "The post-industrial society: from utopia to ideology," Work, Employment & Society, British Sociological Association, vol. 30(2), pages 366-376, April.
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    3. Eunil Park & Sang Jib Kwon & Ki Joon Kim, 2016. "Assessing the Effects of Corporate Sustainable Management on Customer Satisfaction," Sustainable Development, John Wiley & Sons, Ltd., vol. 24(1), pages 41-52, January.
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