scholarly journals Competitiveness of Ukrainian Companies in Foreign Markets: New Challenges and Opportunities

2019 ◽  
pp. 79-89
Author(s):  
Viktor V. Sabadash ◽  
Peter J. Stauvermann ◽  
Ruslana O. Peleshchenko
Keyword(s):  
Economic Activity ◽  
Professional Competence ◽  
Business Environment ◽  
Added Value ◽  
High Tech ◽  
Foreign Markets ◽  
Successful Strategy ◽  
Challenges And Opportunities ◽  
Cis Countries ◽  
Protecting Intellectual Property

The key tasks of Ukrainian companies in foreign markets are determined in the article on the basis of analysis of the actual problems of foreign economic activity. The technologies of Ukrainian companies (especially small ones) entering foreign markets are quite costly and organizationally complex. Even a once successful strategy of foreign economic activity needs continuous improvement and adjustments in line with changes in the external business environment. Priority areas, innovations, and improvements that will contribute to improving the competitive position of Ukrainian companies in foreign markets include: professional (competence, knowledge, experience), logistics (the basis of supply in foreign trade contracts), insurance (exchange rate risks), financial (currency deregulation), institutional (attraction of external investments), customs (electronic declaration), and technological. The study proved that in a competitive environment, a commercially successful strategy of foreign economic activity of Ukrainian companies can be secured through intensification of technology transfer; increase in the volume of high-tech goods trade and exports of goods (services) with high added value; use of advantage of free trade agreements; increase in exports of organic farming products; strengthening the procedures for protecting intellectual property. These components are characterized by the significant potential for increasing the competitiveness of national companies in foreign markets. Taking into account resource opportunities of Ukrainian companies and external challenges (economic, geopolitical, technological, investment), the strategic task is gradual, but the irreversible shift of trade flows from the CIS countries to the European and Asian market. Key words: business, foreign economic activity, company, competence, competition, product, rating, market, trade.

scholarly journals Development prospects of the oil crops' market and products of their processing in the Krasnoyarsk Krai

2021 ◽  
Vol 282 ◽  
pp. 02003
Author(s):  
N.I. Pyzhikova ◽  
V.L. Bopp ◽  
T.G. Sheremetova
Keyword(s):  
Food Additives ◽  
Added Value ◽  
High Tech ◽  
Krasnoyarsk Krai ◽  
Industrial Complex ◽  
Foreign Markets ◽  
The Sustainable Development ◽  
Oil Crops ◽  
Oil Sector ◽  
Development Prospects

Over the past few years, oil crops cultivation has become investment-attractive in our country. This is due to both the increase in demand for products of their processing in domestic and foreign markets and the sustainable development of the processing and food industry. This article reviews approaches to the formation of the technologies introduction system for growing oil crops in Central Siberia (rape, dodder, mustard), industrial production of oils, food additives and feed products from them using biotechnology techniques, with a view to creating a high-tech competitive export-oriented oil sector of the agro-industrial complex in Krasnoyarsk Krai, which creates added value and increases its investment attractiveness.

An Assessment of the Business Environment for High-Tech Industrial Development in Shanghai

10.1068/c0210 ◽  
2003 ◽  
Vol 21 (1) ◽  
pp. 107-137 ◽  
Author(s):  
Wen Hong
Keyword(s):  
Industrial Development ◽  
Legal Framework ◽  
Business Environment ◽  
High Tech ◽  
Assembly Lines ◽  
Foreign Markets ◽  
Start Up ◽  
Regional Headquarters ◽  
Professional Systems ◽  
Entrepreneurial Activities

The author presents the analysis of a survey of 500 high-tech enterprises in Shanghai which was designed to examine the local social, political, and economic environment in which high-tech enterprises operate and compete. Information sought in this survey comes in two kinds: the characteristics of high-tech enterprises; and their assessments of specified elements constituting their business environment. Survey findings suggested that state-owned or quasi-state-owned enterprises are still the leading players although local private enterprises and transnational corporations are becoming indispensable actors in high-tech industrial development in Shanghai. Among these enterprises, those which are locally based are mainly small and medium-sized enterprises and are in the start-up stage of business; they are domestically oriented and are not strong enough to exploit foreign markets. Foreign-based enterprises in Shanghai are, however, mainly subsidiaries, branch plants, or assembly lines, rather than regional headquarters, suggesting that Shanghai occupies a relatively low position in the international division of labor. The second part of the survey suggests that, in boosting the development of high-tech businesses, Shanghai achieves tangible objectives and improves the physical environment efficiently. Nevertheless, it is still quite weak in some soft dimensions, such as dynamic entrepreneurial culture, adequate business-support services, sophisticated educational and professional systems, comprehensive legal framework, etc. However, these dimensions are key components of innovative milieu in which technological innovation and entrepreneurial activities are facilitated and nurtured.

scholarly journals The comparative analysis of challenges to the national education systems in Bulgaria and Ukraine (on the example of the tourism and IT sectors)

2021 ◽  
Vol 104 ◽  
pp. 01005
Author(s):  
Gesho Lyubenov ◽  
Oleksandr Zyma ◽  
Hanna Brusiltseva ◽  
Nadiya Dekhtyar ◽  
Nataliia Pohuda
Keyword(s):  
Higher Education ◽  
Professional Competence ◽  
Local Level ◽  
Business Environment ◽  
Added Value ◽  
It Services ◽  
Education Systems ◽  
National Education ◽  
National Education Systems ◽  
Tourism Flows

The article offers an overview of the global trends in education that have emerged during the 2020 economic recession; provides a retrospective analysis of the change in economic formations during the 1990s, which still influences the business environment and national education systems in post-socialist countries; analyses the structure of tourism flows in Bulgaria and Ukraine in the recent pre-crisis period; distinguishes the changes between local tourism markets in both countries and consequent demands to HEIs, training the workforce for domestic and international companies; outlines the IT services market in Bulgaria and Ukraine from the side of employment generating; points out the discrepancy between the requests to developers of IT solutions at the local level and the orders of transboundary corporations, which are the largest employers today for the economies in transition; presents the grouping of national economies by innovation performance according to the Global Innovation Index report; classifies non-material industries on the basis of potential for increasing added value and duplicating the product; indicates the restrictions of recreational capacity for the tourism infrastructure; highlights the disparity in clustering the world countries by absolute and relative Travel & Tourism impact to GDP; substantiates the need for interdisciplinary approach in composing the curricula for specialities of the related industries; emphasises the existence of thresholds in the process of increasing the professional competence level. The relevance is grounded by the ultimate changes within the current structure of the global economy, as the sphere of higher education is quite significant in the international trade in services; the general paradigm of the theory of international economic relations is being modified now towards the refusal from the resources’ inexhaustibility postulate; thus the research novelty consists in the implementation of supporting programmes and strategies in the field of higher education under the consideration of these trends.

scholarly journals Features of the SPACE method using for the optimal choice making of strategy development of foreign economic activity

2020 ◽  
pp. 11-16
Author(s):  
Nataliia PETRYSHYN ◽  
Yuliia CHYRKOVA ◽  
Mariana BORTNIKOVA
Keyword(s):  
Development Strategy ◽  
International Business ◽  
Economic Activity ◽  
Business Environment ◽  
Optimal Choice ◽  
Management Decision ◽  
Strategic Analysis ◽  
Foreign Markets ◽  
Financial Strength ◽  
Space Method

Introduction. Activation of international business requires the formation of a strategy for the development of foreign economic activity, because its implementation allows to increase competitiveness and flexibility under conditions of the business environment changes. Nowadays, the problems of developing the foreign economic strategy of the enterprise become especially relevant, because the modern conditions of commercial activity require fundamentally new standards, management methods and stages of international business organizing. The purpose of the paper is to study the peculiarities of the application of the method of strategic analysis SPACE for the implementation of the optimal choice of development strategy of domestic enterprises on the example of Electroprylad SPE LLC. Results. The SPACE method is to develop an assessment of the strategic position and strategic actions of the enterprise. This is a comprehensive method of strategic analysis, which allows you to identify and characterize the competitive position in the market in order to select the best strategy for the enterprise to act at the market. The introduction of the SPACE method for the implementation of the optimal choice of development strategy of Electroprylad SPE LLC provides for the implementation of successive stages: analysis of financial strength; determination of competitive positions in foreign markets; assessing the attractiveness of potential foreign markets; assessment of prospects for potential stability in foreign markets; selection of the optimal strategy for the development of foreign economic activity of the enterprise based on the results of the SPACE method. The SPACE method allowed to form a group of priority characteristics and parameters of Electroprylad SPE LLC activity, which were previously identified from all existing variety, allowed to organize them and determine the complex impact on the management decision-making process by validity, as well as to choose the best foreign economic development strategy. Conclusion. Implementation of the SPACE method for selecting the strategy of foreign economic activity development of Electroprylad SPE LLC is connected with the mandatory involvement leading specialists in the strategic analysis in order to perform the necessary tasks related to the methodology of strategic analysis. The set of criteria is determined taking into account the internal priorities of work and external strategic goals of foreign economic activity. The parameters of the production and financial strength of Electroprylad SPE LLC must be fully taken into account.

scholarly journals Interaction of Agribusiness Enterprises and Public Governments as a Way of Activating Foreign Trade Activities

2018 ◽  
pp. 202-210
Author(s):  
S. I. Tsiolkovska
Keyword(s):  
Rural Areas ◽  
Economic Activity ◽  
Business Environment ◽  
Added Value ◽  
Entrepreneurial Activity ◽  
Economic Activities ◽  
Economic Relations ◽  
Strategic Plans ◽  
Contractual Relations

The cooperation of state authorities and agribusiness enterprises is relevant in the formation of a favorable business environment, a system of contractual relations between counterparties, and the development of foreign economic relations. In the article presented the scheme of interaction of state authorities and enterprises of agribusiness with the formation of the policy of foreign economic activity. From the system of contractual relations between the subjects of entrepreneurial activity, the following forms of contractual relations are proposed, such as an agricultural trading house, a self-regulatory organization, a cooperative that will serve as a long-term link between the links in the foreign economic activity of agribusiness enterprises. The work is elaborated in the strategic plans of the state, where special attention is focused on small subjects of agribusiness with the added value of the product, which is important for the implementation of foreign economic activities, and the development of rural areas in the complex

scholarly journals Sources of high-tech export growth in the macroregion

2020 ◽  
pp. 27-34
Author(s):  
Y. Yu. Shirokova
Keyword(s):  
Raw Materials ◽  
Federal District ◽  
Added Value ◽  
Price Formation ◽  
High Tech ◽  
Foreign Markets ◽  
Manufacturing Enterprises ◽  
Support Measures ◽  
World Markets ◽  
Main Consumer

For many years, Russia has benefited mainly from the sale of raw materials, but as a transition to a new level of development, ways to reduce the share of extractive industries in the economic structure were considered. With the emergence of new external factors that directly affect the demand and price formation of the country’s main export products on world markets, the need for structural reforms has become a priority for its economic system to overcome the crisis. The paper studies regional production of high-tech products, which in the future may become the basis for expanding the share of manufacturing enterprises in the volume of manufactured goods. The structure of high-tech industries located in the regions of the Central Federal district is considered, and the share of exports in the total volume of their production is highlighted. Based on Rosstat data for 2018, the types of production that are developed and require additional incentives from Executive authorities have been identified. Due to the fact that the main consumer of products with high added value is located in the domestic market, the development of a set of support measures is necessary for the growth of its export volumes. It should be based on a system of incentives for enterprises, together with the active participation of institutions involved in bringing domestic producers to foreign markets.

scholarly journals Impact of investments on the economy of the Republic of Uzbekistan and the importance of its geographical location

2021 ◽  
Vol 244 ◽  
pp. 10042
Author(s):  
Madina Raimjanova ◽  
Lola Sabirova ◽  
Nodira Khanova ◽  
Shoira Asamkhodjaeva ◽  
Kodir Nosurullaev
Keyword(s):  
Central And Eastern Europe ◽  
Geographical Location ◽  
Transport Infrastructure ◽  
Added Value ◽  
High Tech ◽  
Production Volume ◽  
South East Asia ◽  
Future State ◽  
The Republic ◽  
Cis Countries

The key to successful innovative development of the Republic of Uzbekistan is the formation of new innovative high-tech industries, the upgrading of technical and technological nature, the input of modern facilities, expansion of production volume, ready to compete, the increase in exports in parallel with the filling of the domestic market finished products with high added value. The Republic of Uzbekistan is an attractive place for investment, due to a wide sales market and a developed transport infrastructure integrated into the multi-modal communication system of Eurasia, which contributes to determining the future state of investment and trade and economic cooperation. Foreign investors who invest in Uzbekistan have the opportunity to enter the 5 largest and emerging markets-the CIS countries with a market of more than 300 million people, Central and Eastern Europe, South and South-East Asia, and the Middle East.

Improvement of foreign economic activity of «Planet of equipment» LLC

2019 ◽  
pp. 91-100
Author(s):  
Віталій Іванович Сичевський ◽  
Віталія Вячеславівна Скриль
Keyword(s):  
Foreign Trade ◽  
Economic Activity ◽  
Present Stage ◽  
Foreign Markets

At the present stage many Ukrainian enterprises are actively involved in foreign trade, which is important. However, the lack of experience or inexperience of domestic enterprises in foreign markets requires a lot of efforts to implement it. The article considers consumer foreign economic activity of enterprises, elaborates the main preconditions and general recommendations for improvement of foreign economic activity of enterprises.

Estimation of economic specialization of Ukrainian regions in the context of global trends

2019 ◽  
pp. 24-31
Author(s):  
Svitlana Ishchuk ◽  
Lyubomyr Sozanskyy
Keyword(s):  
National Economy ◽  
Economic Activity ◽  
Commodity Prices ◽  
Value Added ◽  
High Tech ◽  
Agricultural Commodity ◽  
Macroeconomic Factors ◽  
Gross Value Added ◽  
Its Regions ◽  
Economic Specialization

The scale and deep heterogeneity of the national economy of Ukraine in the regional context make the relevance of scientific research in this thematic area. The purpose of the article is to determine the economic specialization of the regions of Ukraine by key economic activities contributing to the formation of gross value added, as well as outlining the potential risks to the national economy, taking into account the situation on world commodity markets. The results of the research showed that one of the consequences of the unstable dynamics of industrial production in Ukraine under the influence of geopolitical and macroeconomic factors is the reduction of industrial specialization of the economy of a number of Ukrainian regions. Thus, in 2017 the manufacturing was the leading economic activity (with the highest share in the gross value added created) in 11 regions, compared to 15 in 2012. So Poltava, Donetsk, Dnipropetrovsk and Zaporizhzhya regions are considered to be “highly industrial”. At the same time, the agrarian specialization of the economy of Ukraine and its regions deepened – in 2017 agriculture became the leading type of economic activity in 11 regions (compared to 7 in 2012). The most “agrarian” in Ukraine (with a share of agriculture in gross value added over 30%) in 2017 became the Kherson, Kirovohrad and Khmelnytsky regions. Increasing the level of “agrarianization” of the national economy in the context of volatility of agricultural commodity prices on the world markets poses significant risks for the socio-economic development of Ukraine and its regions. These risks are exacerbated by the high amplitude of fluctuations in the volume and structure of domestic agricultural products and the low degree of processing of raw materials. To improve the structure of domestic commodity exports (in the direction of increasing its share of products with a higher degree of processing) and to deepen its diversification, a number of measures should be carried out aimed at stimulating export activity of enterprises (industrial and agro-industrial), carrying out technical and technological re-equipment of industrial and export production bases, creation of new high-tech industries on the basis of the implementation of powerful innovation and investment projects.

MANAGEMENT OF FOREIGN ECONOMIC ACTIVITY OF THE ORGANIZATION

2021 ◽  
Vol 2 (9) ◽  
pp. 14-31
Author(s):  
A. Zh. YAKUSHEV ◽  
◽  
A. B. LANCHAKOV ◽  
S. A. FILIN ◽  
D. P. SOROKA ◽  
...  
Keyword(s):  
Economic Model ◽  
Economic Activity ◽  
Management Decision ◽  
Managerial Decision ◽  
Foreign Markets ◽  
International Activities

The article analyzes the problems of improving the efficiency of managing the foreign economic activity of an organization, which lead to the need to change the algorithm of making a managerial decision on the development of its foreign economic activity. The main indicators and factors under which the organization is able to enter foreign markets are analyzed; the features, directions and risks of the organization's international activities are analyzed. The organizational and economic model of managing the foreign economic activity of the organization and the algorithm for making a management decision on the development of such activities are developed. Recommendations for improving the efficiency of work in this area are proposed.

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