Research development strategy/a brief outline of planned scientific research projects
The university is working on the development and implementation of planned research in the direction of transformation, development, and implementation of the economy in Georgia. Core researchdirection is divided into several areas, namely: digital learning in high schools with artificial intelligence-based platforms. The research aims to determine the possibilities of using the technological platform built on the principle of artificial intelligence as an innovative teaching model and means of improving the quality of teaching.
Pilot researches have been conducted involving 33 BTU students. The results of the research are statistically analyzed. The results are to present at an international scientific conference, a conference report has been prepared, and the article is approved for printing. According to the results of the pilot research, a large-scale study is planned to implement the technological platform in different educational courses, to study the effectiveness of teaching, and conduct a comparative financial analysis.
The research was planned and conducted to study the potential of Georgia in terms of renewable energy resources. The results of the research showed us how renewable energy sources are utilized for the purposes of achieving economic progress. Research results were published in foreign research publication journal, the publication Journal of the Environmental Science and Renewable Resources under the title Renewable Energy Potential and Its Utilization in Georgia. As a result of the research, a monograph-type book, Methodological and Conceptual Basis for Energy Development in Georgia, was published. The book aims to introduce to interested persons and organizations the research results and possible ways of solving problems. The report of the planned research results is presented at the international scientific conference. The thesis of the report is approved and printed.
A research project was planned on the study of the structure and trends of changes in the energy balance of Georgia.
§ The research was planned and is being conducted, the purpose of which is to study and analyze the financial, economic, and statistical position of the core indicators of the holding – Georgian Railways. Using financial economic models [U1] to determine the causal relationships between the sensitivity of rail freight and the economic growth of the country. The study’s main objective was to correlate the railway EVA and the Georgian economy to create a relationship of load capacity within the CAGR model. As a result of the conducted research, causal links between the sensitivity of rail freight and the country’s economic growth were revealed. Research’s results are published in a foreign publication International Journal of Business and Management Development of Railway Silk Road as a Platform for Promoting Georgia’s Economic Growth.
After the first stage, it was planned to continue the research in the second stage. The aim was to statistically analyze the value added created by the railway industry from 2006-2019 and to determine the correlation between the general indicators of the JSC “Georgian railway.” Factors affecting it, comparative analysis of financial indicators of the Georgian railway in the post-Soviet area. Results obtained are published in a foreign publication International Journal of Business and Management– with the title – Statistical and Financial Analyses of Georgian Railway’s Main Performance Indicators in 2006-2019.
- A study was planned and conducted to determine the readiness of the Georgian entrepreneurial market for the requirements of the Industrial Revolution 4.0. The situation in small and large entrepreneurial companies is studied. Relevant conclusions have been drawn, and possible ways of possible solutions are presented to contribute to the well-being of the country’s economy. The results are sent and approved to be presented at an international conference, and the article – is to be printed.
The planned and conducted research for educational programs of the university, such as Business Administration (management), Business Administration (finances), and Informational Technologies, which aimed to select efficient teaching methods for non-professional subjects, such as Academic Writing and Research Methods. A comparative analysis of the usage of teaching methods was conducted within the research. Ways to increase students’ engagement, subject mastery, motivation, development of research skills, and teaching efficient growth are determined and developed. The obtained results have been approved for presentation at two different international scientific conferences, conference reports have been prepared, and articles have been approved for publication.
For the strategic development of the university library, a local study based on the needs of students has been conducted, and a strategy for the development of the university library has been developed by studying the experience of foreign universities, which includes ways of introducing modern technologies and digitizing printed materials. The obtained results have been approved for presentation at an international scientific conference, a conference report has been prepared, and the article has been approved for printing.
BTU students (from bachelor’s, master’s, and doctoral levels) and university academic personnel participated in the ongoing research.
- The university became the only educational institution in the region whose students were involved in NASA’s global space exploration project and started working on the integration of virtual and augmented reality in education. The project implies space exploration, and solutions to technical and technological issues. Specialists and students of Business and Technology University students will be involved in the project with the world leading specialists. University specialists are already being trained regarding the project’s technical details. According to the project, preliminary design works for Mars exploration were conducted, which implies the creation of an infrastructure concept on Mars for 1 000 000 people to live. With the help of HP, preparement of technical spaces has begun at the university, where the project works will be conducted.
- With the technical support of Company HP and the involvement of Georgian specialists, the University of Business and Technology began working on an artificial intellect project.
The world-leading companies of data processing, Splunk, and Qlik, got interested after getting acquainted with the works conducted by university specialists. Integration of Big Data with the intellect creates an unprecedented machine, which will be able to receive, process, and analyze voluminous information in the shortest possible time. Working on the project is conducted with the engagement of Business and Technology University students .
The research interest of the university is digital entrepreneurship, digital economy, and innovative technologies used in business. The entrepreneurship center was established at the university, within the framework of which research on the Georgian entrepreneurial ecosystem is being carried out in collaboration with Henley university entrepreneurship center.
IX Millennium research project has begun, within which Georgian National Museum, BTU, and company Microsoft will conduct research to grow Georgian vine varieties and to implement relevant technologies. The scientific project received a large-scale international response, and at this stage, the necessary research for its development is being conducted.
- In partnership with the company HP, BTU got involved in the global scientific project of space exploration initiated by NASA, within the framework of which academic personnel and students developed the concept of “future education,” development, research, and development of tools for integrating artificial intelligence and virtual reality into the educational process; While working on the research project, the specialists created the first Georgian artificial intelligence “Digital Mind,” which makes the education process more accessible, fast and convenient.
University initiated the project of Digital Silk Road, which implies the creation, research, and development of a unified electronic trade portal within member states. BTU academic personnel and students, technical group, Microsoft company, and the Ministry of Finance of Georgia participate in the research, and it is divided into several stages.