IDEAS home Printed from https://ideas.repec.org/a/ers/journl/vxxiy2018ispecial2p777-787.html
   My bibliography  Save this article

Integral Valuation of an Enterprise’s Competitiveness in the Industrial Economy

Author

Listed:
  • O.V. Yamova
  • M.S. Maramygin
  • I.V. Sharova
  • J.N. Nesterenko
  • N.V. Sobina

Abstract

The article studies the phenomenon of competitiveness of a business entity and reflects various methodological approaches to its valuation. Comparative analysis of methodological approaches determined the choice of the appropriate valuation algorithm employed in the empirical part of this research. The study tests one of the valuation methods and provides a critical comprehension of the possibility to obtain adequate estimates of an enterprise’s level of competitiveness regarding the realities of the contemporary industrial economy. It is concluded that future valuations of firms’ competitiveness would require additional factors to be included into integral indices to comply with the pace of industrial economy. These factors entail innovation and R&D potential that are the key components to enable development of leading sectors of an economy.

Suggested Citation

  • O.V. Yamova & M.S. Maramygin & I.V. Sharova & J.N. Nesterenko & N.V. Sobina, 2018. "Integral Valuation of an Enterprise’s Competitiveness in the Industrial Economy," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 2), pages 777-787.
    • Handle: RePEc:ers:journl:v:xxi:y:2018:i:special2:p:777-787
    as

    Download full text from publisher

    File URL: https://www.ersj.eu/journal/1303/download
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. repec:ers:journl:v:xx:y:2017:i:2b:p:397-411 is not listed on IDEAS
    2. Nadezhda A. Serebryakova & Sergey V. Semenenko & Natalya V. Grishchenko & Tamara Y. Ulchenko, 2016. "Competitive Potential of Trade Organization: Theoretical and Methodological Foundations of Formation and Realization," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 3-11.
    3. repec:ers:journl:v:volumexxi:y:2018:i:issue4:p:292-303 is not listed on IDEAS
    4. E.A. Ivanova & M.M. Mackay & T.K. Platonova & N.V. Elagina, 2017. "Theoretical Basis for Composition of Economic Strategy for Industry Development," European Research Studies Journal, European Research Studies Journal, vol. 0(1).
    5. O.Y. Voronkova & А.M. Zadimidcenko & L.V. Goloshchapova & A.G. Polyakova & S.G. Kamolov & E.M. Akhmetshin, 2018. "Economic and Mathematical Modeling of Regional Industrial Processes," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 268-279.
    6. Maskell, Peter & Malmberg, Anders, 1999. "Localised Learning and Industrial Competitiveness," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 23(2), pages 167-185, March.
    7. Geroski, P A, 2001. "Exploring the Niche Overlaps between Organizational Ecology and Industrial Economics," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 10(2), pages 507-540, June.
    8. Aleksandra Polyakova & Irina Simarova, 2014. "The conceptual model of a region development administration considering the level of spatial relatedness," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(2), pages 32-42.
    9. E.A. Ivanova & M.M. Mackay & T.K. Platonova & N.V. Elagina, 2017. "Theoretical Basis for Composition of Economic Strategy for Industry Development," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 246-256.
    10. Christian Lechner & Michael Dowling, 2003. "Firm networks: external relationships as sources for the growth and competitiveness of entrepreneurial firms," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 15(1), pages 1-26, January.
    11. Man, Thomas W. Y. & Lau, Theresa & Chan, K. F., 2002. "The competitiveness of small and medium enterprises: A conceptualization with focus on entrepreneurial competencies," Journal of Business Venturing, Elsevier, vol. 17(2), pages 123-142, March.
    12. Liudmila Vasilevna Nikolova & Dmitriy Grigorievich Rodionov & Natalya Vladimirovna Afanasyeva, 2017. "Impact of Globalization on Innovation project Risks Estimation," European Research Studies Journal, European Research Studies Journal, vol. 0(2B), pages 396-410.
    13. I.N. Sycheva & Y.L. Ovchinnicov & O.Yu. Voronkova & E.M. Akhmetshin & V.V. Kolmakov & A.G. Vasilieva, 2018. "Economic Potential and Development Prospects of Small Businesses in Rural Areas," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 292-303.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. O.Yu. Voronkova & D.F. Islamutdinovа & O.G. Gordeyeva & I.I. Frolova & I.V. Fedulova & A.E. Zhminko, 2018. "Organizational and Economic Transformations towards the Greening of Agro-industrial Production," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 28-38.
    2. A.V. Glotko & I.N. Sycheva & L.I. Petrova & T.M. Vorozheykina & A.V. Tolmachev & D.F. Islamutdinovа, 2018. "Formation and Development of the Processing Industry in the AIC of the Region," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 188-199.
    3. Lukasz Kuzminski & Tomasz Jalowiec & Piotr Masloch & Henryk Wojtaszek & Ireneusz Miciula, 2020. "Analysis of Factors Influencing the Competitiveness of Manufacturing Companies," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 217-227.
    4. L.I. Popova & I.D. Demina & Y.S. Stepanenko & Q.N. Tran & G.V. Meshkova & M.A. Afonasova, 2019. "Regional Aspects of Sectoral Digitalization: Problems and Prospects," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(2), pages 176-188.
    5. Guodong Ni & Heng Xu & Qingbin Cui & Yaning Qiao & Ziyao Zhang & Huaikun Li & Paul J. Hickey, 2020. "Influence Mechanism of Organizational Flexibility on Enterprise Competitiveness: The Mediating Role of Organizational Innovation," Sustainability, MDPI, vol. 13(1), pages 1-23, December.
    6. N.E. Goryushkina & T.V. Gaifutdinova & E.V. Logvina & A.G. Redkin & V.V. Kudryavtsev & Y.N. Shol, 2019. "Basic Principles of Tourist Services Market Segmentation," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(2), pages 139-150.
    7. I.G. Kuznetsova & O.Yu. Voronkova & M.M. Nimatulaev & I.R. Ruiga & G.N. Zhuruli & V.E. Levichev, 2019. "Ensuring the National Security of Agriculture in the Digital Era through the Formation of Human Capital," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(Special 1), pages 558-569.
    8. I.G. Kuznetsova & O.Yu. Voronkova & S.Y. Bakhvalov & I.R. Ruiga & G.N. Zhuruli & V.E. Levichev, 2018. "Formation of Human Capital as a Key Factor in Ensuring the National Security of Agriculture in the Digital Economy," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 73-83.
    9. A.G. Paptsov & V.I. Nechaev & P.V. Mikhailushkin, 2018. "Formation of a Single Innovation Space in the Agrarian Sector of the EAEU Member States," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 84-95.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. T.L. Bezrukova & Yu.N. Stepanova & I.I. Shanin & Yu.V. Busarina & S.Yu. Nesterov, 2017. "Aspect-Oriented, Key-Index Based Regional Business Entities' Evaluation Framework," European Research Studies Journal, European Research Studies Journal, vol. 0(3B), pages 183-192.
    2. M.P. Loginov & E.E. Noeva & G.A. Volkovitckaia & A.A. Murinovich & A.I. Serebrennikova, 2018. "Competitiveness-based Typology of the Russian Regions," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 2), pages 787-796.
    3. K.S. Surnina & A.A. Andrutskaya & E.I. Drobyshevskaya & A.A. Yanovskaya, 2017. "Analytical Monitoring of Entity's Cash Flows as a Guarantee of Financial Security of the Region," European Research Studies Journal, European Research Studies Journal, vol. 0(3B), pages 163-171.
    4. Clara Turner & Marco R Di Tommaso & Chiara Pollio & Karen Chapple, 2020. "Who will win the electric vehicle race? The role of place-based assets and policy," Local Economy, London South Bank University, vol. 35(4), pages 337-362, June.
    5. A.I. Belousov & E.A. Shelukhina & N.A. Rumachik & A.N. Shchemelev, 2017. "Adaptation of Balance Theories to the Assessment of Sustainable Economic Development of Business Units," European Research Studies Journal, European Research Studies Journal, vol. 0(3B), pages 76-83.
    6. Y.G. Chernysheva & G.I. Shepelenko & I.V. Gashenko & I.V. Orobinskaya, 2017. "Business Analysis as an Important Component of Ensuring Enterprise's Economic Security," European Research Studies Journal, European Research Studies Journal, vol. 0(3B), pages 250-259.
    7. Monika Březinová & Agnieszka Brelik & Vratislav Kozák, 2016. "Analysis of Using Tools of Strategic Management in SMEs in South Bohemia Region," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(4), pages 17-31.
    8. Leckel, Anja & Veilleux, Sophie & Dana, Leo Paul, 2020. "Local Open Innovation: A means for public policy to increase collaboration for innovation in SMEs," Technological Forecasting and Social Change, Elsevier, vol. 153(C).
    9. Roberts Skapars & Sandra Jekabsone & Janis Priede & Irina Skribane, 2017. "Productivity and its Impact on the Competitiveness of Latvia," European Research Studies Journal, European Research Studies Journal, vol. 0(3A), pages 920-930.
    10. Rustam Effendi, 2017. "Influence on Local Government Performance: Budget Participatory, Budget Control and Organizational Structure Working Procedures of Dysfunctional Behavior," European Research Studies Journal, European Research Studies Journal, vol. 0(3A), pages 580-593.
    11. repec:ers:journl:v:special_issue:y:2018:i:1:p:287-295 is not listed on IDEAS
    12. A.V. Glotko & I.N. Sycheva & L.I. Petrova & T.M. Vorozheykina & A.V. Tolmachev & D.F. Islamutdinovа, 2018. "Formation and Development of the Processing Industry in the AIC of the Region," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 188-199.
    13. E.Yu. Cherkesova & D.D. Mironova & I.I. Slatvitskaya & T.D. Popova, 2018. "Sustainable Import Substitution in Russia: Institutional Conditions and Efficiency Imperatives," European Research Studies Journal, European Research Studies Journal, vol. 0(Special1), pages 287-295.
    14. I.G. Kuznetsova & O.Yu. Voronkova & M.M. Nimatulaev & I.R. Ruiga & G.N. Zhuruli & V.E. Levichev, 2019. "Ensuring the National Security of Agriculture in the Digital Era through the Formation of Human Capital," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(Special 1), pages 558-569.
    15. V.A. Kozlov & O.A. Moiseeva & V.G. Ponomarev & L.E. Popok & O.A. Filippova & F.F. Sterlikov, 2018. "Economic Concept of Food Development of Russian Market," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 62-72.
    16. E.K. Karpunina & I.N. Yakunina & E.M. Konovalova & E.A. Titova, 2017. "Realization of Potential of Enterprise Structure Development as the Criterion of Ensuring the Object-differentiated Approach to Rendering the State Support: The Russian Federation," European Research Studies Journal, European Research Studies Journal, vol. 0(3B), pages 103-115.
    17. V.I. Rodionova & L.A. Shvachkina & V.A. Ivashova, 2018. "Social Correlation of Professional Educational Services and Labor Market as a Vector of Successful Social and Economic Development," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 2), pages 285-293.
    18. G.A. Batischeva & M.Y. Denisov & I.V. Rybchinskaya & M.B. Stryukov, 2017. "Influence of Social and Economic Development of the Region on the Functioning of the Regional Banking System," European Research Studies Journal, European Research Studies Journal, vol. 0(3B), pages 490-499.
    19. J.S. Tsertseil & A.N. Savrukov, 2018. "The Mechanism for Building a Corporate Management Model," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 691-704.
    20. N.A. Nevskaya & A.P. Garnov & A.V. Brykin & E.V. Malakhova, 2018. "National Competitiveness as the Object of Indicative Planning in the Context of Re-industrialization," European Research Studies Journal, European Research Studies Journal, vol. 0(Special1), pages 148-155.
    21. O.Yu. Voronkova & A.A. Sitnov & L.V. Kashirskaya & V.I. Marchuk & M.G. Kudinova & I.N. Sycheva, 2018. "Formation of Zonal Agro-eco Clusters as a Mechanism for the Development of Rural Areas," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 39-49.

    More about this item

    Keywords

    Competition; competitiveness; development strategy; industrial economy; integral valuation; competitiveness valuation model.;
    All these keywords.

    JEL classification:

    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ers:journl:v:xxi:y:2018:i:special2:p:777-787. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Marios Agiomavritis (email available below). General contact details of provider: https://ersj.eu/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.