DIRECTIONS OF INCREASING THE COMPETITIVENESS OF ENTERPRISES IN THE CONDITIONS OF MARKET CHANGE


  • V.M. Osipov
  • N.S. Palamarchuk
Keywords: competitiveness, enterprise, investments, innovations, region, directions.

Abstract

The article explores the features of the interpretation of the concept of the competitiveness of enterprises by modern domestic and foreign economists. The directions of increasing the competitiveness of enterprises in modern conditions are justified, namely: innovative development of enterprises based on internal and external growth reserves and investment support for the comprehensive development of enterprises. The relationship between the investment and innovation components of enterprise development and their competitiveness under market conditions is determined. The implementation of these areas will contribute to improving the efficiency of the operation of the enterprise, improving its performance. Simultaneous combination of the use of these areas will increase the competitiveness of enterprises at the regional level and the level of the state as a whole. In the process of studying the competitiveness of modern enterprises, emphasis is placed on the regional aspect of their functioning. It is determined that in order to increase the competitiveness of enterprises, it is necessary to take into account the limitations and type of the market on which the enterprise operates. The main tools of the theory of restrictions are the passage, investment and operating costs of the enterprise. The management of these tools at the enterprise will increase the profitability and productivity of the enterprise and as a result - will increase the level of competitiveness of the enterprise in the conditions of market change.

Author Biographies

V.M. Osipov

Dr.Sc. (Economics), Prof.
Institute Of Market Problems And Economic&Ecological Research of the
National Academy Of Sciences Of Ukraine
Frantsuzskiy Boulevard, 29, Odesa, Ukraine

N.S. Palamarchuk

Candidate Sc. (Economics)
Institute Of Market Problems And Economic&Ecological Research of the
National Academy Of Sciences Of Ukraine
Frantsuzskiy Boulevard, 29, Odesa, Ukraine

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Published
2017-04-24
How to Cite
Osipov, V., & Palamarchuk, N. (2017). DIRECTIONS OF INCREASING THE COMPETITIVENESS OF ENTERPRISES IN THE CONDITIONS OF MARKET CHANGE. Economic Innovations, 19(1(63), 205-215. https://doi.org/https://doi.org/10.31520/ei.2017.19.1(63).205-215