Knowledge Agora



Similar Articles

Title Sustainable Economic Development of Enterprises: A Methodology Based on the Toolkit
ID_Doc 76429
Authors Chupina, Z; Chursin, A; Boginsky, A; Kvasov, I
Title Sustainable Economic Development of Enterprises: A Methodology Based on the Toolkit
Year 2023
Published Sustainability, 15, 17
Abstract At the present time, an effective methodological toolkit has not been developed to manage economic processes in modern conditions in order to ensure the sustainable economic development of enterprises. On the basis of mathematical modeling, it has been proposed that such a tool could be created to provide a quantitative assessment of the main parameters in the creation of innovative products and activities of enterprises. Additionally, on the basis of this tool, decision makers could regulate these processes by introducing additional resources and buying risks. For this purpose, it is necessary to modernize the means of production, which requires a reassessment of the technical level of enterprises. It is possible to achieve these parameters through a certain technical policy of production modernization. In this aspect, the technical policy of enterprises should consider the fact that, depending on the complexity of innovative products put for development and production, the time lag between the start of production of such products and the moment when they enter the market with competitive advantage changes. This competitive advantage is determined by the design methods at a given cost. At the same time, the service models of enterprises are used as one of the most important tools to achieve the profitability of the enterprise, leading to its sustainable economic development. As a result of the proposed toolkit, a strategy for managing the processes of the sustainable economic development of enterprises could be developed based on the creation of an intelligent system using artificial intelligence and the use of large databases that create information support for decision makers to regulate these processes. This set of tools makes it possible to achieve the organization of sustainable economic development. To assess the technical, economic, and technological level of the enterprise, a complex integral indicator was obtained on the basis of mathematical modeling. It was proposed to confirm the obtained integral assessment by comparing the obtained calculated data with an expert assessment. The method of expert evaluation is used in the article. Expert assessments were obtained in science-intensive organizations in which the authors held managerial positions and were engaged in scientific projects. The obtained inputs were formulated based on the analysis of the reporting documentation provided by the organizations. The conducted research indicates the importance of the proposed practical recommendations and materials for solving the tasks set in this study.
PDF https://www.mdpi.com/2071-1050/15/17/12682/pdf?version=1692697675

Similar Articles

ID Score Article
73607 Skrynkovskyy, R; Pavlenchyk, N; Tsyuh, S; Zanevskyy, I; Pavlenchyk, A Economic-Mathematical Model Of Enterprise Profit Maximization In The System Of Sustainable Development Values(2022)Agricultural And Resource Economics-International Scientific E-Journal, 8, 4
75123 Guminski, A; Dohn, K; Guminski, A; Matusek, M; Zolenski, W The model of knowledge management system supporting sustainable growth in machine-building industry enterprises(2014)
76671 Straková, J; Rajiani, I; Pártlová, P; Váchal, J; Dobrovic, J Use of the Value Chain in the Process of Generating a Sustainable Business Strategy on the Example of Manufacturing and Industrial Enterprises in the Czech Republic(2020)Sustainability, 12, 4
68521 Metelenko, N; Nikitenko, V; Meniailo, V Development Of The Smart Economy As The Main Source Of Competitiveness And Sustainable Development(2024)Baltic Journal Of Economic Studies, 10, 2
65698 Egorova, NE Models and methods for analysis of small enterprises' sustainable development(2020)Ekonomika I Matematiceskie Metody-Economics And Mathematical Methods, 56.0, 3
73656 Niekurzak, M; Mikulik, J Business Models in Terms of the Strategy for Sustainable Management in Economic Entities Taking into Account Energy Transformation(2023)Energies, 16, 11
65726 Khudyakova, T; Zhuravlyov, V; Varkova, N; Aliukov, S; Shmidt, S; Zhuravlyov, N Improving Approaches to Strategic Enterprise Management in the Context of Sustainable Development(2020)Sustainability, 12.0, 20
67928 Shabatura, TS; Kravchuk, AA; Hnatieva, TM Model Of Economic Development Enterprise In The Context Of European Integration(2017)
70446 Smerichevska, S; Poberezhna, Z; Mykhalchenko, O; Shtyk, Y; Pokanevych, Y Modeling And Evaluation Of Organizational And Economic Support For Sustainable Development Of Transport Enterprises: Innovative And Ecological Aspects(2023)Financial And Credit Activity-Problems Of Theory And Practice, 4, 51
76971 Okhota, Y; Chikov, I; Bilokinna, I Conceptual Polycomponent Model Of An Innovative Mechanism For Improving The Competitiveness Of Agro-Industrial Complex Enterprises(2024)Baltic Journal Of Economic Studies, 10, 2
Scroll