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Cross-Border Cooperation and Its Impact on Business Competition

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Сooperation and Sustainable Development

Abstract

This study examines different fields of cross-border cooperation and their impact on competition in business in developed and developing countries. Using the correlation analysis method, we determined the connection between different fields of cross-border cooperation and business competition in developed and developing countries. This allowed us to identify the most influential fields of cross-border cooperation. Via regression analysis, we traced the impact of these fields in all countries of the sample, establishing the prospects for optimizing the impact in various developed and developing countries. The results indicate that cross-border cooperation generally has a positive effect on competition and follows the second model both in developed (average correlation of 7.02%) and in developing countries (average correlation of 11.78%). We confirmed that the impact of different areas of cross-border cooperation on competition is highly differentiated in developed (variation of 762.99%) and in developing countries (variation of 550.41%). We established that cooperation in the fields of finance and manufacturing have a universal positive influence on competition. Moreover, we proposed several recommendations on developing these fields to maximize the level of competition in developed and developing countries.

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Shvakov, E.E., Dianova, V.Y., Teplova, L.V., Tatarov, K.Y., Kurnosov, S.A. (2022). Cross-Border Cooperation and Its Impact on Business Competition. In: Bogoviz, A.V., Suglobov, A.E., Maloletko, A.N., Kaurova, O.V. (eds) Сooperation and Sustainable Development. Lecture Notes in Networks and Systems, vol 245. Springer, Cham. https://doi.org/10.1007/978-3-030-77000-6_121

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