PRINCIPLES OF ORGANIZATION OF PARTNERSHIP RELATIONS BETWEEN BUSINESS AND GOVERNMENT IN THE FIELD OF ENERGY SECURITY OF UKRAINE

The article is dedicated to the study of the principles of organizing partnership relations between the business and state in the field of energy security in Ukraine. The aim of this research is to develop a system of principles for effective partnership between business and government in the sphere of Ukraine’s energy security, based on the methodologies of developed countries. It has been determined that organizing partnership relations between the state and business requires a comprehensive approach based on joint responsibility, transparency, mutually beneficial cooperation, and innovative development. The application of a systemic approach allowed of the consideration of energy security as a multifactorial process encompassing political, economic, technical, and environmental aspects. This approach facilitated the identification of key elements of energy security and the interaction between business and government that affect the development of the energy sector. Systemic analysis enabled the consideration of energy security in Ukraine as a component of national security, as well as an assessment of the role of partnership between the state and business in this process. In particular, an analysis of energy threats, possible scenarios for the development of Ukraine’s energy sector, and potential ways to overcome them through collaboration between the state and the private sector was conducted. It has been substantiated that the main principles of interaction between the state and business in the field of energy security are as follows: the principle of transparency and openness; the principle of joint responsibility; the principle of mutually beneficial cooperation; the principle of sustainable development; the principle of legal regulation; the principle of innovation; the principle of cybersecurity; and the principle of adaptability. The implementation of these principles will ensure the resilience of the country’s energy system, promote investment in the renewable energy sector, and enhance national security as a whole. It has been revealed that each country has developed its own approaches to organizing partnerships between business and government in the field of security of energy, with its unique features in managing the energy sector depending on political, economic, and geographical factors. The success with which firms can unite efforts with the state and civil society organizations in forming an active social development strategy will depend on both their competitiveness and the effectiveness of the business itself. Some states are gradually losing the ability to independently shape their internal socio-economic policies, yielding to transnational corporations. The methodology of the research is based on a comprehensive approach that encompasses both theoretical and practical aspects of the interaction between business and government in the field of energy security in Ukraine. To achieve the research goals, a range of methods was employed that allow for the examination of partnership relations between the public and private sectors at various levels, as well as the exploration of their impact on the country’s energy security.

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Publication Details

Journal
Economic scope
Published
2024-11-11
DOI
https://doi.org/10.30838/ep.194.132-137
Primary Topic
Business and Economic Development
Type
article
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article

PRINCIPLES OF ORGANIZATION OF PARTNERSHIP RELATIONS BETWEEN BUSINESS AND GOVERNMENT IN THE FIELD OF ENERGY SECURITY OF UKRAINE

Олександр Шабала, Oleg Yakymchuk, Liubomyr Matiichuk
Economic scope
Business and Economic Development
article

PRINCIPLES OF ORGANIZATION OF PARTNERSHIP RELATIONS BETWEEN BUSINESS AND GOVERNMENT IN THE FIELD OF ENERGY SECURITY OF UKRAINE

Олександр Шабала, Oleg Yakymchuk, Liubomyr Matiichuk
article en

Abstract

The article is dedicated to the study of the principles of organizing partnership relations between the business and state in the field of energy security in Ukraine. The aim of this research is to develop a system of principles for effective partnership between business and government in the sphere of Ukraine’s energy security, based on the methodologies of developed countries. It has been determined that organizing partnership relations between the state and business requires a comprehensive approach based on joint responsibility, transparency, mutually beneficial cooperation, and innovative development. The application of a systemic approach allowed of the consideration of energy security as a multifactorial process encompassing political, economic, technical, and environmental aspects. This approach facilitated the identification of key elements of energy security and the interaction between business and government that affect the development of the energy sector. Systemic analysis enabled the consideration of energy security in Ukraine as a component of national security, as well as an assessment of the role of partnership between the state and business in this process. In particular, an analysis of energy threats, possible scenarios for the development of Ukraine’s energy sector, and potential ways to overcome them through collaboration between the state and the private sector was conducted. It has been substantiated that the main principles of interaction between the state and business in the field of energy security are as follows: the principle of transparency and openness; the principle of joint responsibility; the principle of mutually beneficial cooperation; the principle of sustainable development; the principle of legal regulation; the principle of innovation; the principle of cybersecurity; and the principle of adaptability. The implementation of these principles will ensure the resilience of the country’s energy system, promote investment in the renewable energy sector, and enhance national security as a whole. It has been revealed that each country has developed its own approaches to organizing partnerships between business and government in the field of security of energy, with its unique features in managing the energy sector depending on political, economic, and geographical factors. The success with which firms can unite efforts with the state and civil society organizations in forming an active social development strategy will depend on both their competitiveness and the effectiveness of the business itself. Some states are gradually losing the ability to independently shape their internal socio-economic policies, yielding to transnational corporations. The methodology of the research is based on a comprehensive approach that encompasses both theoretical and practical aspects of the interaction between business and government in the field of energy security in Ukraine. To achieve the research goals, a range of methods was employed that allow for the examination of partnership relations between the public and private sectors at various levels, as well as the exploration of their impact on the country’s energy security.

Economic scope(194)
Openalex Percentile: Top 70%
Business and Economic Development
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