Business Development in Georgia in the Context of Globalization

Business development in the modern world is actively influenced by globalization processes. This process involves deepening economic, technological and cultural integration, which directly affects the business environment of different countries. In Georgia, as a small and open economy, the impact of...

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Main Author: Goderdzi Shanidze
Format: Article
Language:English
Published: Kutaisi University 2025-01-01
Series:ეკონომიკური პროფილი
Online Access:http://economicprofile.org/pdf/28/Geo/%E1%83%A8%E1%83%90%E1%83%9C%E1%83%98%E1%83%AB%E1%83%94%20%E1%83%92.,.pdf
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author Goderdzi Shanidze
author_facet Goderdzi Shanidze
author_sort Goderdzi Shanidze
collection DOAJ
description Business development in the modern world is actively influenced by globalization processes. This process involves deepening economic, technological and cultural integration, which directly affects the business environment of different countries. In Georgia, as a small and open economy, the impact of globalization is particularly noticeable, as international trade, investments and technologies play an important role in the country's economic growth and development. In the context of globalization, Georgia's business sector faces both new opportunities and significant challenges. Opportunities include access to global markets, the introduction of innovative technologies, and cooperation with international partners. At the same time, challenges include international competition, regulatory compliance, and dependence on external economic factors. The aim of the article is to analyze how globalization processes affect business development in Georgia, what trends have emerged in recent years, and what are the main adaptation strategies of the business sector. The study will also focus on discussing the negative and positive impacts of globalization in order to create a clear picture of the opportunities and problems facing Georgia.
format Article
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institution Kabale University
issn 1512-3901
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language English
publishDate 2025-01-01
publisher Kutaisi University
record_format Article
series ეკონომიკური პროფილი
spelling doaj-art-4170b4095c594cf3b30a077452ac2d9b2025-01-10T07:11:40ZengKutaisi Universityეკონომიკური პროფილი1512-39012587-53102025-01-01192(28)798710.52244/ep.2024.28.07Business Development in Georgia in the Context of GlobalizationGoderdzi Shanidze0Akaki Tsereteli State University, GeorgiaBusiness development in the modern world is actively influenced by globalization processes. This process involves deepening economic, technological and cultural integration, which directly affects the business environment of different countries. In Georgia, as a small and open economy, the impact of globalization is particularly noticeable, as international trade, investments and technologies play an important role in the country's economic growth and development. In the context of globalization, Georgia's business sector faces both new opportunities and significant challenges. Opportunities include access to global markets, the introduction of innovative technologies, and cooperation with international partners. At the same time, challenges include international competition, regulatory compliance, and dependence on external economic factors. The aim of the article is to analyze how globalization processes affect business development in Georgia, what trends have emerged in recent years, and what are the main adaptation strategies of the business sector. The study will also focus on discussing the negative and positive impacts of globalization in order to create a clear picture of the opportunities and problems facing Georgia.http://economicprofile.org/pdf/28/Geo/%E1%83%A8%E1%83%90%E1%83%9C%E1%83%98%E1%83%AB%E1%83%94%20%E1%83%92.,.pdf
spellingShingle Goderdzi Shanidze
Business Development in Georgia in the Context of Globalization
ეკონომიკური პროფილი
title Business Development in Georgia in the Context of Globalization
title_full Business Development in Georgia in the Context of Globalization
title_fullStr Business Development in Georgia in the Context of Globalization
title_full_unstemmed Business Development in Georgia in the Context of Globalization
title_short Business Development in Georgia in the Context of Globalization
title_sort business development in georgia in the context of globalization
url http://economicprofile.org/pdf/28/Geo/%E1%83%A8%E1%83%90%E1%83%9C%E1%83%98%E1%83%AB%E1%83%94%20%E1%83%92.,.pdf
work_keys_str_mv AT goderdzishanidze businessdevelopmentingeorgiainthecontextofglobalization