Problems of resource provision of international competitiveness of domestic industrial enterprises

Yokhna Mykola A. ()
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Yokhna Mykola A.: Khmelnitsky National University

The Problems of Economy, 2013, issue 3, 76_82

Abstract: The goal of the article is the study of problems of resource provision of international competitiveness of domestic industrial enterprises and identification of main ways of their solution. Generalising views of modern scientists on sources of competitive advantages of industrial enterprises the article makes an assumption that technological factors play the determining role in strengthening international competitiveness of domestic industrial enterprises. They, along with the intellectual ones, belong to the category of specific resources, availability of which provides an enterprise with sustainability of competitive advantages - both in ensuring high standards of production and in expanding possibilities of development of products in accordance with requirements of customers in the world markets. The article analyses dynamics and structure of innovation expenditures in the Ukrainian industry o, on the basis of which it makes a conclusion that they do not correspond with the tasks of technological development of enterprises. It states that one of the main reasons of the lack of correspondence is insufficient financial provision of processes of technological renovation, which makes it impossible to create and acquire of the most progressive technologies. It shows that the state should play an important role in financial support of processes of technological development of industrial enterprises through institutional instruments and regulators. The prospects of further studies in this direction is assessment of effectiveness of existing institutional regulators of innovation and investment processes and formation of recommendations on their improvement and development.

Keywords: international competitiveness; specific resources; technological development; innovation expenditures; financial provision (search for similar items in EconPapers)
Date: 2013
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