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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
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    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.
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    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

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