This book gathers selected papers from the 28th Eurasia Business and Economics Society (EBES) Conference, held in Coventry, United Kingdom. While the theoretical and empirical papers presented cover diverse areas of economics and finance in various geographic regions, the main focus is on the latest research concerning the economics of innovation, finance and macroeconomics. The book also includes regional studies.

Mehmet Huseyin Bilgin is a Professor at Istanbul Medeniyet University (Turkey). He has also held several visiting faculty positions at Indiana University-Purdue University Indianapolis (IUPUI) (USA), Jacksonville University (USA), Zagreb University (Croatia), and Nanyang Technological University (Singapore). Prof. Bilgin has published many articles in reputable international journals and is the Associate Editor of the Eurasian Economic Review (Springer). He is the founder and current Chairman of the Istanbul Economic Research Association, and is the founder and current Vice President of the Eurasia Business and Economics Society (EBES, Turkey). He has also been active as a consultant in several institutions, as a newspaper columnist, and featured in several television programs.

Ender Demir is an Associate Professor of Finance at Istanbul Medeniyet University (Turkey). Dr. Demir is the founder and conference coordinator of theEurasia Business and Economic Society (EBES). He serves as the Associate Editor of the Eurasian Business Review (Springer), and as a Subject Editor of the Journal of Multinational Financial Management. He has published his research in peer-reviewed international journals such as the Annals of Tourism Research, Emerging Markets Review, Finance Research Letters, and Journal of International Financial Markets, Institutions and Money. His research interests are in corporate finance, cryptocurrencies, financial economics, and tourism economics.

Hakan Danis is the Vice President of the Eurasia Business and Economics Society (EBES) and Director of the Credit Strategies Group at the Mitsubishi UFJ Financial Group (MUFG) (USA). Previously, he worked at the Spanish multinational global bank Banco Bilbao Vizcaya Argentaria (BBVA) in the USA as a Senior Economist. He is one of the founders and first President of the EBES. He has published articles in many leading economics and finance journals and currently serves as the Managing Editor of Eurasian Economic Review (Springer). He is a frequent guest editor for the Emerging Markets Finance& Trade and Singapore Economic Review, and has published several academic books. His current research and teaching interests include monetary policy, nonlinear applied time series, risk management in financial institutions and macroeconomics.

Uchenna Tony-Okeke is an Associate Professor of Finance at Coventry University (UK). He is also the Associate Head of the School for Global Engagement at the School of Economics, Finance and Accounting in Coventry (UK). He is a certified management and business educator (CMBE) and a senior fellow of the Higher Education Academy (UK). Uchenna Tony-Okeke has published frequently in peer-reviewed international economics and finance journals, his research interests include empirical asset pricing, volatility modelling, market efficiency, SME financeand green finance.

Part 1. Economcs of nnovaton.-The Importance of Emerging Industries: The Case of Biopharma.- The Hiramatsu Concept of One Village, One Product as an Element of Regional Industrial Specialisation and a Cluster Policy Tool.- Entrepreneurship, Innovation and Economic Growth: Evidence From Saudi Arabia.-Part 2.Fnance.-The Impact of Capital Structure on Firm Performance and Risk in Finland.- Financial Behavior of Investors: Long-run Overreaction Phenomenon in Euronext Stock Exchange.- New Evidence of the Influence of Post Materialism Orientations on the Financial Markets Mechanisms.- An Analysis of Working Capital Management Strategy in Small Enterprises Operating Within Group Purchasing Organizations.- Corporate Governance as a Corporate Social Responsibility Reporting Determinant.-Part 3.Macro Economy.-Evaluation of the State Strategy Effectiveness of Spatial Development in the Russian Federation: A Cluster Approach.- Protection Standardsin Bilateral Investment Treaties and their Contribution in Attracting Foreign Direct Investment.-Part 4Regonal Studes.-The European Union as a Platform for the European NGOs Operations Market Versus Democracy.- The Demand and Supply Analysis and Comparison of Dwellings in Szczecin.- Artificial Intelligence and State Economic Security.- Assessment of the Features of the Spatial Organization of the Russian Economy Based on the Global and Local Moran Indexes