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Optimisation model for industrial complex competitiveness: a path to sustainable innovation process

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Listed:
  • Vadim V. Krivorotov
  • Alexey V. Kalina
  • Zhanna S. Belyaeva
  • Sergey Ye Erypalov

Abstract

Business entities of all forms and origin face the necessity to foster new management approaches in order to promote its excellence. Sustainability is a key issue for organisations nowadays as they increasingly acknowledge that their practices have social and/or environmental consequences. Multi-stakeholder systems such as industrial complexes/clusters seek to raise competitiveness by integrating new innovative business models and appropriate responsibility in various fields of operations. These managerial technologies require a novel outlook at the optimisation model of the numerous competitive forces and its evaluation. In light of this, it is imperative that new methodologies and frameworks to facilitate the understanding of sustainability concepts in the business environment are to be developed as innovation approach. The framework suggested in the paper helps to outline guidelines on evaluating the nature and process of innovative and sustainable competitive strategy considering many indicators influencing industrial complexes and its environment.

Suggested Citation

  • Vadim V. Krivorotov & Alexey V. Kalina & Zhanna S. Belyaeva & Sergey Ye Erypalov, 2016. "Optimisation model for industrial complex competitiveness: a path to sustainable innovation process," World Review of Entrepreneurship, Management and Sustainable Development, Inderscience Enterprises Ltd, vol. 12(2/3), pages 254-269.
    • Handle: RePEc:ids:wremsd:v:12:y:2016:i:2/3:p:254-269
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    References listed on IDEAS

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    Cited by:

    1. Anna Maria LIS & Malgorzata Rozkwitalska & Adrian LIS, 2023. "Sustainability objectives and collaboration lifecycle in cluster organizations," Quality & Quantity: International Journal of Methodology, Springer, vol. 57(5), pages 4049-4068, October.
    2. Shams, Riad & Vrontis, Demetris & Belyaeva, Zhanna & Ferraris, Alberto & Czinkota, Michael R., 2021. "Strategic agility in international business: A conceptual framework for “agile” multinationals," Journal of International Management, Elsevier, vol. 27(1).

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