Development of Industrial Enterprises' Dynamic Capabilities in the Digital Economy

Yelena D. Vaisman and Natalya S. Nikiforova
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Yelena D. Vaisman: South Ural State University (national research university)
Natalya S. Nikiforova: South Ural State University (national research university)

Journal of New Economy, 2018, vol. 19, issue 3, 126-136

Abstract: The article considers a relevant problem of the readiness of Russian industrial enterprises to address the threats of hypercompetition under the digital economy. The authors construct a hypothesis on the possibility of overcoming these threats and building sustainable competitive advantages in conditions of the digital economy through forming and developing the industrial enterprises’ dynamic capabili? ties. The researchers develop a method for assessing dynamic capabilities, and adapt it to the Russian manufacturing industries. The paper presents the results of measuring the levels of the digital economy development in every sector and builds a positioning map of manufacturing industries in the coordi? nates “level of dynamic capabilities of an industry” and “degree of the digital economy development in an industry”. The authors specify four groups of industries, which differ in the degree of readiness to the development of the digital economy and in potential for such development. The findings can be use? ful for enterprises of the industries explored in the research to make decisions about investments into development of dynamic capabilities to form sustainable competitive advantages in the digital economy

Keywords: industrial enterprise; strategic management; dynamic capabilities; digital economy; hy? percompetition. (search for similar items in EconPapers)
JEL-codes: D20 D29 O14 (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:url:izvest:v:19:y:2018:i:3:p:126-136

DOI: 10.29141/2073-1019-2018-19-3-11

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