Digitalization of the economy as a factor of the region's sustainable competitive advantages in the face of global challenges

2020 ◽  
Vol 8 (8) ◽  
pp. 1478-1495
Author(s):  
V.V. Pechatkin
Keyword(s):  
Methodological Approach ◽  
Digital Economy ◽  
Competitive Advantages ◽  
Regional Management ◽  
The Face ◽  
Information Interpretation ◽  
Proportional Relationship ◽  
Classification Of Regions ◽  
Sustainable Competitive Advantages ◽  
The Impact

Subject. This article discusses the issues related to the implementation of the National project Digital Economy of the Russian Federation in the regions of Russia. Objectives. The article aims to develop and test a methodological approach to assessing the impact of the economy digitalization on the level of competition capacity of the areas, and justify practical recommendations on its use in the system of regional management. Methods. For the study, I used a correlation analysis, dialectical and systems approaches, and the table procedure of information interpretation. Results. The article proposes a developed and tested methodological approach to assessing the impact of the economy digitalization on the level of sustainability of the competitive advantages of regions. The classification of regions by level of competitiveness, informatization and digitalization is presented. The article also offers a set of activities aimed at developing the digital economy taking into account new challenges for each type of regions. Conclusions. The article concludes that there is a directly proportional relationship between the level of digitalization of the region and its stable ability to compete. To improve the system of regional management in the aspect of the digital economy development, the proposed set of measures is needed, which can help raise the country's competitive capacity in the medium term.

Specifics of creating an effective system of project financing of innovation and investment activities of dairy subcomplex enterprises

2020 ◽  
Vol 26 (9) ◽  
pp. 1951-1969
Author(s):  
S.A. Chernikova
Keyword(s):  
Financial Stability ◽  
Current Model ◽  
Methodological Approach ◽  
Information Support ◽  
Competitive Advantages ◽  
Project Financing ◽  
Financing System ◽  
Management Of Innovation ◽  
Effective System ◽  
The Impact

Subject. The article considers the need to study the financing of investment and innovation processes and creating an effective system of project financing. Objectives. The purpose is to search for new opportunities to enhance the competitive advantages of enterprises of the dairy subcomplex, to ensure their financial stability and steady position in specialized agricultural food-product markets. Methods. The study draws on the theoretical and methodological approach to the impact of project management of innovation and investment activities on improving the efficiency of the project financing system and financial stability of enterprises operating in the dairy subcomplex. Results. The findings show that four levels can be distinguished in the formation and improvement of the system of project financing and the management of innovation and investment activities, depending on the depth of transformation. The principle that provides the integration of the said system with the current model of management of the dairy subcomplex enterprise is defined as a driver. The paper offers a number of levels of the system transformation to gain competitive advantages. Conclusions. I present a mechanism for creating and improving the system of project financing and the management of innovation and investment activities, and a mechanism for interaction of the network of automated information systems, intended to make management decisions, with the automation of information support to innovative solutions.

scholarly journals Wellness Tourism—New Challenges and Opportunities for Tourism in Salou

2021 ◽  
Vol 13 (15) ◽  
pp. 8246
Author(s):  
Marta Gemma Nel-lo Andreu ◽  
Alba Font-Barnet ◽  
Marc Espasa Roca
Keyword(s):  
Environmental Sustainability ◽  
Seasonal Adjustment ◽  
Competitive Advantages ◽  
Strategic Renewal ◽  
Challenges And Opportunities ◽  
The Face ◽  
History Of ◽  
Wellness Tourism ◽  
Fundamental Value ◽  
The Impact

Following a long history of using various strategies and policies for diversification and seasonal adjustment in the face of the challenges of achieving economic, social, and environmental sustainability, sun and beach destinations should also consider targeting the wellness tourism market as a post pandemic opportunity and long-term solution. Salou is a mature sun and beach destination in the Mediterranean, but one which, for some time, has had an increasing commitment to family and sports tourism as a result of a strategic renewal process. Now, with the impact of the coronavirus pandemic, the destination management organization is considering the evolution of the model, the internalization of sustainability as a fundamental value, and the impact of different markets. In this study, we examined the challenges the Salou Tourist Board has faced during the development of a post pandemic model for sustainable tourism and what strategies it has adopted in response. We also considered the opportunities and competitive advantages that Salou has in the field of wellness tourism. The results obtained should encourage the continuation of work that promotes the environmental axis of sustainability and adds value to the natural resources on which it depends, including the sea and the landscape, while maintaining the environmental quality of the resources.

scholarly journals An Empirical Study on Green Innovation Strategy and Sustainable Competitive Advantages: Path and Boundary

2018 ◽  
Vol 10 (10) ◽  
pp. 3631 ◽  
Author(s):  
Baoshan Ge ◽  
Yibing Yang ◽  
Dake Jiang ◽  
Yang Gao ◽  
Xiaomin Du ◽  
...  
Keyword(s):  
Dynamic Capabilities ◽  
Environmental Uncertainty ◽  
Reference Value ◽  
Mediating Effect ◽  
Management Theory ◽  
Innovation Strategy ◽  
Competitive Advantages ◽  
Green Innovation ◽  
Sustainable Competitive Advantages ◽  
The Impact

Although green innovation strategy (GIS) is the driving force for the sustainable development of enterprises, while the strategy is implemented, an increased cost and a change in organizational routines will cause an organization to become fragile, and even affect the sustainable competitive advantages. So, the purpose of this paper is to explore the impact path of GIS on sustainable competitive advantages and the implementation boundary of GIS. To explain the impact path, we consider the concept of dynamic capabilities to be the mediator variable. To explain the implementation boundary of GIS, we systematically explore the relationships among GIS, dynamic capabilities and sustainable competitive advantages under different levels of environmental uncertainty. Based on 241 new Chinese green firms, the empirical results find that GIS helps enterprises to gain sustainable competitive advantages. However, in the process of strategy implementation, enterprises should choose appropriate methods according to different degrees of environmental uncertainty. In a low environmental uncertainty, dynamic capabilities play a full intermediary role between GIS and sustainable competitive advantages. However, in a high environmental uncertainty, dynamic capabilities have no mediating effect between GIS and sustainable competitive advantages. This study not only integrates green management theory and strategic management theory but also makes up for the deficiencies in research on these theories and has important reference value for enterprises that seek to carry out green innovation activities.

The economic analysis of the impact of grand challenges on sustainability and continuity of business entities’ activities

2021 ◽  
Vol 20 (11) ◽  
pp. 1994-2020
Author(s):  
Nikolai P. LYUBUSHIN ◽  
Nadezhda E. BABICHEVA ◽  
Ol'ga M. KUPRYUSHINA ◽  
Dmitrii G. KHANIN
Keyword(s):  
Sustainable Development ◽  
Economic Analysis ◽  
Intellectual Capital ◽  
Methodological Approach ◽  
Grand Challenge ◽  
Integrated Reporting ◽  
Grand Challenges ◽  
The Face ◽  
Business Entities ◽  
The Impact

Subject. The article addresses the need to develop new methodological tools for assessing threats to and opportunities of sustainable development of business entities, enabling to adequately reflect their activities in the analysis of their interaction in rapidly changing economic conditions. Objectives. The aim is to underpin a methodological approach to the formation of indicators for assessing the sustainable development of business entities in the face of grand challenges, which rests on the grouping of indicators according to the type of economic development. Methods. The study draws on resource-oriented approach, which we developed and tested in the economic analysis of sustainable development of business entities, and statistical methods. Results. Based on the methods of cognitive and resource-oriented analysis, we defined a set of basic indicators, characterizing the intellectual capital. The implementation of the methodological approach enabled to identify two baseline indicators of intellectual capital involved in the formation of a Grand Challenge, i.e. the number of computers with access to global information networks and the cost of patents and licenses for inventions, industrial designs, utility models. We developed and evaluated integrated indicators of intellectual capital to determine the possibilities of sustainable development of economic entities of the Russian Federation. Conclusions. The offered approach helps define a set of indicators of different types of capital to be included in the integrated reporting and analysis of possibilities of economic entities’ sustainable development in the face of grand challenges. The produced set of indicators is basic and may change.

scholarly journals Analysis of digital training platforms of universities: domestic and foreign experience

2021 ◽  
pp. 169-179
Author(s):  
A. Seitbatkalova ◽  
S. Mukan ◽  
S. Tamenova
Keyword(s):  
Main Tool ◽  
Learning Technologies ◽  
Educational Process ◽  
Competitive Advantages ◽  
Digital Platforms ◽  
Large Databases ◽  
Teachers And Students ◽  
E Learning ◽  
Sustainable Competitive Advantages ◽  
The Impact

The purpose of the study. Assessment of the impact the COVID-19 pandemic on the quality of education based on a study of the implementation of e-learning technologies using digital platforms in both foreign and Kazakhstani universities.Methodology. Problems related to online learning and possible solutions were identified based on a retrospective and comparative analysis of foreign and Kazakhstan scientific research. Scientific literature search was carried out in large databases: Researchgate, Springer, ScienceDirect. During the search, 481 scientific articles were found that matched the entered search parameters. Given the inclusion and exclusion criteria, 465 papers were screened out, and the remaining 16 were sent for analysis.Originality / value of the research. Along with identifying barriers to the introduction of e-learning, the main factors during the COVID-19 pandemic were identified that influenced the effectiveness of the educational process. The study revealed that digital platforms create sustainable competitive advantages and are the main tool for modernizing the learning process.Findings. As a result of the study, the most significant factors related to technological knowledge management, as well as the level of readiness of universities, teachers and students to implement e-learning, were identified.

scholarly journals The Study of Events Approach Applied to the Impact of Mergers and Acquisitions on the Performance of Consulting Engineering Companies

Mathematics ◽  
2021 ◽  
Vol 9 (2) ◽  
pp. 130
Author(s):  
Marcos Albuquerque Junior ◽  
José António Filipe ◽  
Paulo de Melo Neto ◽  
Cristiano da Silva
Keyword(s):  
Mergers And Acquisitions ◽  
Value Creation ◽  
Intangible Assets ◽  
Multinational Companies ◽  
Competitive Advantages ◽  
Significance Tests ◽  
Sustainable Competitive Advantages ◽  
The Impact ◽  
Consulting Engineering

Recent research suggests that one of the main motivations for mergers and acquisitions is the attempt to acquire companies to incorporate intangible assets. Such assets provide important sources of sustainable competitive advantages and opportunities for growth. This article analyzes the strategies of engineering companies, as well as value creation in acquisition events of multinational companies, by using the study of the events method, providing an innovative way to be applied to this phenomenon. This method is used in our research to study the influence of the announcement of acquisitions on the abnormal accumulated returns of the acquiring companies, and is allowed to confirm that influence. In general, the average accumulated returns were positive and statistically significant in the three windows of the method, according to the significance tests used. The results validate the hypothesis that the events generate synergy gains for market players, emphasizing the importance of growth via acquisitions for the sector under analysis.

scholarly journals ’Business at the speed of light’ – the role of time and speed on business strategy

2010 ◽  
pp. 36-39
Author(s):  
Omri Morag ◽  
Károly Barakonyi
Keyword(s):  
Business Strategy ◽  
Economies Of Scale ◽  
Economies Of Scope ◽  
Competitive Advantages ◽  
Global Village ◽  
Strategic Processes ◽  
The World ◽  
Sustainable Competitive Advantages ◽  
The Impact

The article focuses on the importance of the dimension of time and speed in the world of competitive strategy. In today’s global village, businesses struggle with competitors in the industry to achieve sustainable competitive advantages through the creation of economies of scale and/or economies of scope but also to achieve economy of time. In some industries this is one of the key success points for leadership in the competition. The article describes the trends in the area of the impact of time and speed on the world of strategy and presents the main parameters that influence the speed of the implementation of the strategic processes by companies.

scholarly journals Sustainable Competitive Advantages: An Exploratory Study of the Brazilian Cell Phone SectorHttp://Dx.Doi.Org/10.5585/Riae.V9i2.1674

2010 ◽  
Vol 9 (2) ◽  
pp. 143-167
Author(s):  
Rodolfo Borges Felipe ◽  
João Maurício Gama Boaventura ◽  
João Paulo Lara de Siqueira
Keyword(s):  
Competitive Advantage ◽  
Mobile Telephone ◽  
Second Step ◽  
Competitive Advantages ◽  
Sustainable Competitive Advantage ◽  
Strategic Actions ◽  
Competitive Edge ◽  
Rapid Changes ◽  
Sustainable Competitive Advantages ◽  
The Impact

In an environment of rapid changes one should seek definitions of what would be the strategic solutions adopted by organizations to ensure a competitive edge. This article is targeted to identify and verify the longevity of potential competitive advantages in Brazil’s mobile telephone sector through the analysis of the strategic actions taken by its operators between 2000 and 2008. Therefore, a two stage qualitative research with exploratory-descriptive features was adopted and carried out. The first stage saw the development of a theoretical framework based on the theory of competitive advantage. In the second step, the impact of strategic actions with the potential to become a competitive advantage in the four major mobile phone companies in the country was analyzed, and the examination of the sustainability of competitive advantages created from those actions was also undertaken. The study concluded that, although being a highly dynamic and competitive sector, there is evidence of the occurrence of a sustainable competitive advantage in the mobile telephone sector in Brazil.

scholarly journals Energy efficiency of buildings and structures in the projection of sustainable competitive advantages of the digital economy

2021 ◽  
Vol 244 ◽  
pp. 05007
Author(s):  
Svetlana Uvarova ◽  
Elena Kiseleva ◽  
Oksana Papelnyuk ◽  
Anetta Gamisonia
Keyword(s):  
Energy Efficiency ◽  
Digital Economy ◽  
Information Modeling ◽  
Competitive Advantages ◽  
Sustainable Competitive Advantage ◽  
Building Energy Modeling ◽  
Investment Projects ◽  
Building Information ◽  
Sustainable Competitive Advantages ◽  
Use Of Internet

The paper substantiates the increase in energy efficiency as an imperative to ensure the growth of competitiveness. A conceptual diagram of the relationship between energy efficiency and competitiveness is presented, on the basis of which energy efficiency is postulated as a sustainable competitive advantage of an enterprise or project. At the same time, energy audit and commissioning are substantiated by ways of ensuring sustainable competitive advantages, on the basis of which a procedure for improving the mechanism for ensuring energy efficiency is proposed. In the digital economy, Building Information Modeling (BIM), Building Energy Modeling (BEM), Computational Fluid Dynamics (CFD), and the use of Internet of Things (IoT) technology are postulated as a toolkit for ensuring energy efficiency of investment projects implemented by enterprises.

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