“…Over the last years, Porter and Heppelmann (2014) and Wernerfelt (2015) have made a contribution to the studying of the competitiveness of socio-economic systems. The problems of formation of management mechanisms for the socio-economic systems' competitiveness in the context of sustainable development was revealed in the works of the following researchers: Balkyte and Tvaronavičiene (2010), Boons, Montalvo, Quist, and Wagner (2013), dos Santos and Brandi (2014), Doyle and Perez-Alaniz (2017), Cavaco and Machado (2015), Meza-Ruiz, Rocha-Lona, Soto-Flores, Garza-Reyes, Kumar, and Lopez-Torres (2017), Popescu, Popescu, and Popescu (2015), Chen, Wu, Mao, and Li (2017), Zhang and London (2013), Zhu and Cheung (2017), etc.…”