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Economic and Mathematical Modeling of the Integration Impact of Modernization on Increasing the Enterprise Competitiveness

Author

Listed:
  • Vovk Olha

    (Doctor of Economic Sciences, Associate Professor, Associate Professor of the Department of Air Transport Economics, National Aviation University, Lubomyr Husar Avenue, 1, Kyiv, 03058.)

  • Tulchynska Svitlana

    (Doctor of Economic Sciences, Professor, Professor of the Department of Economics and Entrepreneurship, National Technical University of Ukraine “Igor Sikorsky Kyiv Polytechnic Institute”, 37 Prosp. Peremohy, Kyiv, 03056, Ukraine.)

  • Popelo Olha

    (Doctor of Economic Sciences, Associate Professor, Associate Professor of the Department of Management and Civil Service, Chernihiv Polytechnic National University, Ukraine, 95 Shevchenko Str., Chernihiv, 14035, Ukraine.)

  • Tulchinskiy Rostislav

    (Doctor of Economic Sciences, Associate Professor, Head of the Department of Management and Public Administration, IHE “Academician Yuriy Bugay International Scientific and Technical University”, 3 lane Magnitogorsky, Kyiv, 02000, Ukraine.)

  • Tkachenko Tetiana

    (Associate professor of the Department of economics and entrepreneurship of the Faculty of Management and Marketing Igor Sikorsky Kyiv Polytechnic Institute, 37 Prosp. Peremohy, Kyiv, 03056, Ukraine.)

Abstract

Within the article, the economic model of the integration impact of modernization on the enterprise competitiveness and ensuring its economic security is described and substantiated. The authors formalize the factors and patterns of increasing a competitive advantage under the influence of the modernization potential implementation. It is determined that to ensure the competitiveness and economic security of the enterprise it is necessary to carry it out in compliance with the conditions of complexity of strategic reforms, clarity of modernization tasks, speed of adaptation of the modernization process to external environment, coherence of reform levels. Assessment and strategic analysis of competitiveness according to the “3S” model of Ukrainian infrastructure enterprises revealed the dependence of the effectiveness of modernization on the existing institutional and market environment, the level of staff competence, the dynamism of innovation and investment support.

Suggested Citation

  • Vovk Olha & Tulchynska Svitlana & Popelo Olha & Tulchinskiy Rostislav & Tkachenko Tetiana, 2021. "Economic and Mathematical Modeling of the Integration Impact of Modernization on Increasing the Enterprise Competitiveness," Management Theory and Studies for Rural Business and Infrastructure Development, Sciendo, vol. 43(3), pages 383-389, September.
    • Handle: RePEc:vrs:mtrbid:v:43:y:2021:i:3:p:383-389:n:5
    DOI: 10.15544/mts.2021.35
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    References listed on IDEAS

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    1. Izabela Krawczyk-Sokolowska & Agata Pierscieniak & Wieslawa Caputa, 2021. "The innovation potential of the enterprise in the context of the economy and the business model," Review of Managerial Science, Springer, vol. 15(1), pages 103-124, January.
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    More about this item

    Keywords

    competitiveness; integration influence; speed of implementation; stability of innovations; space of modernization; 3S model; cognitive analysis; enterprises;
    All these keywords.

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity

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