Strategic determinants of industrial enterprises’ technological development

Marina V. Evseeva, Evgeny N. Starikov and Irina N. Tkachenko
Additional contact information
Marina V. Evseeva: Ural State University of Economics, Ekaterinburg, Russia
Evgeny N. Starikov: Ural State University of Economics, Ekaterinburg, Russia
Irina N. Tkachenko: Ural State University of Economics, Ekaterinburg, Russia

Journal of New Economy, 2022, vol. 22, issue 4, 139-155

Abstract: The pace of technological changes requires certain flexibility of industrial enterprises’ business models. The paper aims to uncover and explore the importance and interaction of the determinants of technological development strategies. Methodological basis of the research rests on the tripod strategy perspective and the theory of technological development. The au thors apply general scientific and sociometric methods, regression analysis. The research builds on the answers of 148 respondents that include executives and specialists of mechanical engi neering enterprises, as well as experts from the Union of Defence Industry Enterprises of the Sverdlovsk oblast, regional branches of OOO “Russian Engineering Union” in Sverdlovsk and Chelyabinsk oblasts. The survey results allow determining the composition of the institutional, sectoral, and resource determinants of technological development strategies, of which the most influential is the institutional determinant. Technological turbulence, if inherent in the sector, decreases companies’ capabilities to respond to the institutional pressure. The most important component of the resource determinant is the availability of funds for investment, which elimi nates the problems of attracting qualified personnel, protecting intellectual property, and in creasing the speed of production technologies development. The research findings may be of use for company executives to formulate a balanced technological development strategy as well as for government authorities while providing state support.

Keywords: tripod strategy perspective; technological development; industrial enterprise; insti tutional pressure; technological turbulence (search for similar items in EconPapers)
JEL-codes: L16 L52 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://jne.usue.ru/images/download/93/8.pdf (application/pdf)
https://jne.usue.ru/ru/2021/1091 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:url:izvest:v:22:y:2021:i:4:p:139-155

DOI: 10.29141/2658-5081-2021-22-4-8

Access Statistics for this article

Journal of New Economy is currently edited by Yelizaveta A. Belousova

More articles in Journal of New Economy from Ural State University of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Victor Blaginin ().