Methodology for assessing and improving the competitiveness of enterprises in the real sector of the economy

Pesotskaya, Elena; Khakimov, Almaz; Alpackaya, Irina

doi:10.1051/e3sconf/20199108059

Cited by 4 publications

(5 citation statements)

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“…Fintech, known for its huge development potential and high computability with high-quality economic development, brings a new economic form to real economy [8][9][10][11][12][13]. Fintech development is the key to the development and transformation of the real economy and is an important driver of real economic growth [14][15][16][17].…”

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confidence: 99%

Evaluation of the Development of Fintech-Served Real Economy Based on Fintech Improvement

Zhou

Zheng

2021

Discrete Dynamics in Nature and Society

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The new generation of information technology (IT) promotes the integration of fintech with the real economy. Existing studies emphasize the relationship between fintech and the real economy over the development level of fintech-served real economy (FtRE). To fill up the gap, this paper explores the evaluation of FtRE based on fintech improvement (FtI). Firstly, an evaluation index system (EIS) was established for fintech service efficiency (FtSE), and FtSE was measured through data envelopment analysis (DEA). Then, fuzzy c-means (FCM) clustering was performed to discretize continuous indices. Drawing on matter-element theories, the authors created the classic domain and node domain of FtRE, as well as the evaluation objects of real economy, calculated the correlation between each factor affecting development level and evaluated development level, and computed the weight coefficient of each index. Finally, the influence of FtI-based FtRE development was empirically analyzed through experiments.

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Section: Introductionmentioning

confidence: 99%

Evaluation of the Development of Fintech-Served Real Economy Based on Fintech Improvement

Zhou

Zheng

2021

Discrete Dynamics in Nature and Society

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“…Gaining insight into competitiveness has become the main application for companies. Various types of concepts used by industries include enterprise competitiveness and service and product competitiveness [7,8]. Product competitiveness is a company's property.…”

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“…To compete in the market with other similar products already present, it is advisable to have a unique and innovative product. Different parameters are reflected by this property, such as the technology, price of products, operational costs, and other norms and standards [7,9]. A company's ability to manufacture such goods and services, which can attract more customers than the products and services produced by other competitors in the market, is known as an enterprise's competitiveness.…”

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confidence: 99%

“…Many factors are considered in determining competitiveness, such as price, quality, durability, and a set of other characteristics, including technology, sustainability in production, and R&D [7,11]. When two companies offer the same product and service and are proportionally competitive in all mentioned factors, their level of competitiveness will differ because one company can offer better goods and services compared to the other company.…”

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confidence: 99%

“…When two companies offer the same product and service and are proportionally competitive in all mentioned factors, their level of competitiveness will differ because one company can offer better goods and services compared to the other company. The company establishes its competitiveness by leaving its competitors behind in terms of technology of products or services, skills of the management and employees, strategic planning, the range of products offered to customers, quality control, and the quality of the management system [7]. This will result in more loyal customers, who are the main participants in the success of any business.…”

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confidence: 99%

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Managing Coal Enterprise Competitiveness in the Context of Global Challenges

Hia¹,

Waruwu

Komariah

et al. 2023

Emerg Sci J

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Increased geopolitical tensions and economic sanctions imposed by the U.S., the European Union, and other countries against Russian sectors of the economy have caused a slowdown of economic growth in Russia and significantly restricted access to international capital markets, creating many problems for coal enterprises due to the rapid growth of competition. Russian and Indonesian coal companies need to adopt coping strategies and implement effective management practices to successfully counter the various global challenges facing the coal sector. The article aims to develop coal enterprise competitiveness management in the context of global challenges in 2022, as exemplified by Russia and Indonesia, considering the main role of these two countries in global coal exports. The management process was empirically assessed, and a comprehensive qualitative focus group session was conducted to achieve this goal. Fifty-five top managers of Russian and Indonesian coal companies participated in the focus group session to collect data for identifying all the factors and indicators to be accounted for in a holistic assessment of the companies’ competitiveness. Suggestions were worked out for the development of coal companies in Russia and Indonesia, regarding current changes, to increase their competitiveness. Doi: 10.28991/ESJ-2023-07-02-021 Full Text: PDF

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Competitive partnership in the context of strategic management of construction companies competitiveness

Selyutina

Pesotskaya

Hakimov

2021

IOP Conf. Ser.: Earth Environ. Sci.

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The article presents methodological approaches to the definition of competition as a key socio-economic category at the level of competition essence. Based on the generalization and analysis of methodological approaches to the definition of the competition essence as a phenomenon, system and process, it was determined that, with all the differences, they consider competition as a confrontation between competing subjects (within industries, spheres, markets and segments); it can be both active and passive, capable of being activated in certain circumstances. The ambition of competitors to establish, preserve, develop and use their own advantages, and simplify the competitive environment is implemented through the establishment of interaction between competition subjects, legitimately identified as a competitive partnership. Use of “competitive partnership” term is substantiated; its content and formation methods are identified. At the same time, it is emphasized that the management of the competitive partnership system, as a corporate-type management, can be implemented using corporate strategies. The article considers possible organization of a competitive partnership in the context of vertical and horizontal integration and, in general, in integrated economic systems within the construction complex framework.

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Methodology for assessing and improving the competitiveness of enterprises in the real sector of the economy

Cited by 4 publications

References 10 publications

Evaluation of the Development of Fintech-Served Real Economy Based on Fintech Improvement

Evaluation of the Development of Fintech-Served Real Economy Based on Fintech Improvement

Managing Coal Enterprise Competitiveness in the Context of Global Challenges

Competitive partnership in the context of strategic management of construction companies competitiveness

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