Neo Schumpeterian Knowledge Funnel and Foresight Project Development in the System of Establishing Stability of the Competitive Advantages of Enterprises

Mihail Dudin (), Ekaterina Sepiashvili (), Olga Smirnova (), Vgenia Frolova () and Natalia Voykova ()
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Mihail Dudin: Russian Academy of Entrepreneurship, Postal: RO
Ekaterina Sepiashvili: Moscow State University of Technology and Management them KG Razumovsky, Postal: RU
Olga Smirnova: The Council for the Study of Productive Forces under Ministry of Economic Development of the Russian Federation and the Russian Academy of Sciences SOPS, Postal: RU
Vgenia Frolova: Far Eastern Federal University, Postal: RU
Natalia Voykova: Far Eastern Federal University, Postal: RU

Journal of Advanced Research in Law and Economics, 2015, vol. 6, issue 1, 42-52

Abstract: This article aims at presentation of contemporary approaches to ensuring the competitiveness of enterprises in the conditions of turbulent change and against the background of the increasing influence of the knowledge cognitive factors The key task of the present article is to develop the concept of ensuring the enterprise competitiveness through the use of Neo Schumpeterian Knowledge Funnel and foresight project development of the future of the enterprises taking into account global unchanging sociopolitical economic and technological trends During the presentation of the work the following conclusions were obtained Ability of enterprises to compete in the market depends on a number of factors and conditions the unique hardly copyable or uncopyable competitive advantages core competencies play a major role in ensuring the competitiveness of enterprises The accumulation of the knowledge capacity of the enterprise development promotes their innovative activity i e ability to create and offer high tech products goods works services to the market Competitive potential of enterprises based on knowledge is implemented due to the use of a funnel of emerging opportunities the neo Schumpeterian funnel This funnel allows converting the potential growth and development gained by the firm into sustainable economic benefits that are unavailable to competitors The constant increase in economic benefits for enterprises through innovation activity and intensive use of knowledge can be seen as a Schumpeterian rent Planning of the competitive and sustainable development of enterprises determined by the use of cognitive resources and the growth of innovative activity is advisable to base on foresight technology technology of foresight project development triple helix model universities state business In relation to the banking sector adaptation of the triple helix model means reforming the tripartite institutional interaction by replacement of the real sector with the banking sector and the public sector with central bank and the macroprudential oversight bodies

Date: 2015
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