Financial and economic narratives for evaluation of innovative potential of enterprises

Smerichevska, Svitlana; Miagkyh, Iryna M.; Yeletskykh, S.; Borysova, S; Bryzhnychenko, V

doi:10.33271/nvngu/2022-1/145

Cited by 2 publications

(1 citation statement)

References 16 publications

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“…Other studies determine the sequence of evaluation of opportunities, more specifically the company's survival capacity. Based on a comprehensive assessment, the author suggests that the survival capacity is a comprehensive indicator, the components of which are appraised by experts (Derevyanko et al, 2021; Kotsupatriy et al, 2020; Smerichevska et al, 2022; Wang et al, 2022; Yan & Fang, 2022; Yusupbekov et al, 2022). To avoid subjectivity in the development of methodological approaches based on the expert judgments, a detailed questionnaire, with unambiguous answers, independent of the respondents' perceptions, should be developed.…”

Section: Discussionmentioning

confidence: 99%

Strategic management of companies' adaptive behavior

Yin

2022

Manage Decis Econ

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The modern stage of economic growth is accompanied by sophisticated, multifaceted, and diverse processes, including globalization, the evolution of a new technological paradigm, the growing scarcity of available resources, and changing consumer demands and preferences. In this context, the ability of businesses to quickly and adequately adapt to changes, induced by the external environment, is crucial to their long‐term success. Awareness of these circumstances has led to increased research interest to the issues of managing the adaptability of businesses. The paper quantifies the major dependencies and controversies between the adaptability assessment methods and strategic development of entrepreneurship. The research findings provide an understanding of the overall trend of adaptability management and its impact on the business performance and management strategies that can be used to increase resistance to the extrinsic factors. The main methods of analysis include matrix‐based approaches to selecting the best strategic decisions. A methodical approach was proposed for a reasoned choice of retailers' strategic adaptation areas, which makes it possible to determine the optimal type of adaptation strategy and opens opportunities for determining the company's strategic pathway in its adaptation context. This paper addresses the current market‐driven settings of economic management and the issues of managing the retailers' adaptability in China, as well as the need to change the methods of their strategic management in order to develop a strong competitive position in today's fast‐paced environment and promote economic growth. The research findings can be applied in various types of businesses, regardless of the scale thereof.

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Section: Discussionmentioning

confidence: 99%

Strategic management of companies' adaptive behavior

Yin

2022

Manage Decis Econ

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Public Catering Enterprises: Analysis and Prospects of Innovative Development

Mayurnikova

Koksharov

Krapiva

et al. 2023

Food Processing: Techniques and Technology

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Public catering has become an important healthy food provider in Russia. As a rule, this sphere is represented by small businesses with no experience in innovation. Their prospects for innovative development depend on the form of ownership, size, and target audience. The present research objective was to develop recommendations on how to restructure a public catering enterprise as part of an innovative development strategy. The study featured public catering enterprises together with their innovative potential, activities, and factors that contribute to or hinder their development. The innovative restructuring scenarios were based on the synthesis method. The authors developed a goal-centered classification which includes commercial and socially oriented public catering enterprises with their own advantages and disadvantages. The list of disadvantages includes decentralization, overstaffing, and multi-format, which make it difficult to introduce innovations and strategizing. The restructuring process requires a new management system optimized by specialists competent in the field of innovation, as well as a new matrix of strategic resources. An audit of public catering enterprises makes it possible to assess their competitiveness and strategic prospects. The current lack of personnel with experience in innovations hinders the development of the industry. Universities and regional innovation infrastructure should provide public catering with specialists in innovation management.

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Financial and economic narratives for evaluation of innovative potential of enterprises

Cited by 2 publications

References 16 publications

Strategic management of companies' adaptive behavior

Strategic management of companies' adaptive behavior

Public Catering Enterprises: Analysis and Prospects of Innovative Development

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