INSTITUTIONAL AND LEGAL MEASURES FOR ENSURING THE FUNCTIONING OF INTERNATIONAL STRATEGIC ALLIANCES IN THE IT-SECTOR

Section "Economics": Economic and Legal Problems of Sustainable Development

Abstract

The growth of economic entities and their desire for unification affects the increase in world trade and the increasing appearance of International Strategic Alliances aimed at overcoming the economic crisis created by the COVID-19 pandemic and the Russian invasion of Ukraine. Analysis of latest research and publications has shown that modern research is not of a systematic nature; taking into account the rapid spread of international strategic alliances in the 21st century, the issues of their institutional and legal functioning require a more detailed analysis. The purpose of the study is to identify the institutional and legal regulation of the activities of International Strategic Alliances (ISA) in world practice, which would allow to substantiate the directions for improving the domestic environment for their creation and functioning in the IT-sector. It has been proven that national legislation regulates International Strategic Alliances with the help of regulatory and legal acts. Depending on the functioning of the laws, the creation and registration of economic entities, which in the future would be able to form an association in the form of an alliance to further define their purpose, goals and tasks, is either accelerated or slowed down. The presence of proper regulation of the functioning of strategic alliances affects the foreign involvement factor the formation of ISAs. In the context of implementing European experience in Ukraine, it is determined that international cooperation in Germany is based on a number of indirect political and institutional features that help German companies adapt to rapid technological transformations quite effectively. Having analyzed the main normative legal acts regulating the range of public relations in the field of functioning of International Strategic Alliances in global practice, it was established that, for example, the current legislation of Ukraine does not contain a special separate law on the regulation of these relations, the practice in this field indicates the need to increase legal culture in this area by means of regulatory regulation of such relations, which will be the basis for the further development of the functioning of alliances. In the context of using the EU experience, the experience of Germany, which has a certain institutional variety of tools and mechanisms, is useful. Since the early 1970s, German governments have been able to promote the development of technological capabilities at home, supporting open markets abroad, including by intensifying the development of international cooperation, demonstrating a clear orientation of the economy to the producer, not to the consumer.

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