An approach to assessing the level of competitiveness of a timber industry innovative enterprise based on the methodology of economic and mathematical modelling

Abstract

The article proposes an approach to assess the level of competitiveness of timber industry enterprises, as an example, furniture enterprises that carry out innovative activities and produce innovative products are considered. The principles of economic and mathematical modelling form the basis for the assessment of the improved methodology. In the improved methodology, a group of weighting coefficients is proposed that make it possible to most accurately determine the level of competitiveness of an innovative enterprise according to the proposed economic and mathematical model, but taking into account the implementation of all stages in the algorithm developed by the author to increase the level of competitiveness of an innovative forestry enterprise. The general integral indicator of the level of competitiveness of the analysed enterprise is calculated. Based on the formed economic and mathematical model, an assessment of the level of competitiveness of an innovative furniture enterprise was carried out. It was determined that in the analysed enterprise it is necessary to pay attention to the factors of competitive and strategic positioning (0.61 in 2020) and trade and production efficiency (0.82 for the reporting period), the values of the coefficients of which are at the minimum level.