Economics and management of enterprises

Formation of theoretical principles of outstripping development at the country and enterprise level

Economic Annals-XXI

Economic Annals-ХХI: Volume 141, Issue 5-6, Pages: 78-81

Citation information:
Illiashenko, N. (2014). Formation of theoretical principles of outstripping development at the country and enterprise level. Economic Annals-XXI, 5-6, 78-81. https://ea21journal.world/index.php/ea-v141-19/

View Full TextDownload PDF

Nataliia Illiashenko
PhD (Economics),
Associate Professor,
Sumy State University
2 Rimsky-Korsakov Str., Sumy, 40035, Ukraine
nat.illiashenko@gmail.com

Formation of theoretical principles of outstripping development at the country and enterprise level

Abstract. Introduction. The European vector of domestic enterprises development Selected by Ukraine in addition to benefits of liberalization and open markets can still provide significant shortcomings that are mostly related to their own non competitiveness. Practice shows that as a means of reduction and/or elimination of risks an outstripping development is more productive to implement than the overtaking one.

The purpose of the paper is to improve the theoretical foundations of advanced development based on comparison to other types of development considering the specifics of the enterprises’ business.

Result. Based on logic synthesis and structure of existing research, the author proposes to amend the classification of types of development, giving such feature as «attitude of the leader». According to this criterion the development is divided into overtaking, the outstripping and the development on leader’s level. The author describes the characteristics for their comparison in order to understand the nature and content. A comparative analysis of these types of development was performed. The analysis showed that the term «outstripping development» in most cases is used in context of macro level. The author gives the definition of outstripping development at the level of the separate enterprise, establishes the basic characteristics and conceptual basis of implementation. The essence of the outstripping development of the enterprise was graphically showed. The outstripping development is presented mathematically. An index to determine the level of outstrip is offered.

Conclusion. All received allegations and suggestions improve the theory of enterprises development in the contemporary economic management. On the basis of the research, the author concluded that outstripping type of development will allow increasing effectiveness and reducing the risk of innovation, increasing the chances of market success of industrial innovators, reducing losses from inefficient usage of resources (2-3 times), significantly improving the domestic and foreign markets competitiveness, providing conditions for the transition to innovative research and technology development.

Keywords: Outstripping Development; Overtaking Development; Leader; Company

JEL Classіfіcatіon: D10; О10; О50

References

  1. Glaziev, S. Y. (2010). Strategy of outstripping development of Russia in the global crisis. Moscow: Economics (in Russ.).
  2. Buzgalin, A. V., & Kolganov, A. I. (2011). In search of the future of Russia, «Economics for the man» or outstripping development strategy. In A. V. Buzgalin, & R. Krumm (Eds.). Outstripping development strategy (pp. 297-352). Moscow: LENAND (in Russ.).
  3. Moskalenko, O. M. (2012). Outstripping economic development in the system of strategic needs of the global community. Vcheni zapysky: zbirnyk naukovyrh prats (Scientific Notes: Collected Works), 14/1, 41-48 (in Ukr.).
  4. Moskalenko, O. M. (2013). Methodology of research of the theoretical model of outstripping economic development in modern political economy. Ekonomika rozvytku (Economics of Development), 3(67), 16-20 (in Ukr.).
  5. Zakharov, V. (2003). Outstripping development of St. Petersburg – The project of global community? (Concept and Action Plan). Lichnost i kultura (Personality and Culture), 3/4.
    Retrieved from http://www.peacefromharmony.org/?cat=ru_c&key=179 (in Russ.)
  6. Lyzun, M. V. (2007). The outstripping economic development: international and Ukrainian aspects (PhD dissertation). Ternopil, Ukraine (in Ukr.).
  7. Bell, D. (1967). Notes on the Post-Industrial Society. The Public Interest, 7, 102-118.
  8. Buchanan, J. М. (1997). Works. The constitution of economic policy. Settlement agreement. Frontiers of freedom. Nobel laureates in economics. Foundation economic initiative. Moscow: Taurus Alfa (in Russ.).
  9. Schumpeter, J. A. (1994). Capitalism, socialism and democracy. Introduction by R. Swedberg. London: George Allen & Unwin Ltd.
    Retrieved from http://digamo.free.fr/capisoc.pdf
  10. Christensen, C. M. (2000). The Innovator’s Dilemma: The Revolutionary Book that Will Change the Way You Do Business. New York: Harper Books.
  11. Foster, R. & Kaplan, S. (2001). Creative Destruction: Why Companies That Are Built to Last Underperform the Market And How to Successfully Transform Them. New York: Currency Publisher.
  12. Illiashenko, N. S., & Mitsura, O. O. (2013). Development of Ukraine’s national innovation system as the prospect of entering the global market. Aktualni problemy ekonomiky (Actual Problems of Economy), 5(143), 83-94 (in Russ.).
  13. Top-100 richest companies in the world (2013).
    Retrieved from http://infolight.org.ua/content/top-100-naybagatshih-kompaniy-svitu-v-2008-2013-rr (in Ukr.)
  14. Top 50 most profitable companies in the world in 2013 (2013).
    Retrieved from http://globalstocks.ru/materialyi/reytingi/top-50-naibolee-pribyilnyih-kompaniy-mira-v-2013-godu  (in Russ.)
  15. Top-100 World’s largest companies by market capitalization (2013).
    Retrieved from http://www.pwc.com/ua/ru/survey/2013/all/top-100-capitalisation-2013.jhtml (in Russ.)
  16. Illiashenko, S. N. (2010). Intellectual capital as a basis for the development of enterprises in the information economy. In L. G. Melnyk & M. V. Bryuhanov (Eds.). Socio-economic problems of the information society (pp. 522-542). Sumy: University Books (in Russ.).
  17. Shуpulina, Y. S. (2010). Innovative organization’s culture: the nature, structure, approaches to assessment. Marketyng i menedzhment innovatsii (Marketing and Management of Innovations), 2, 132-138.
    Retrieved from http://mmi.fem.sumdu.edu.ua/sites/default/files/mmi2010_2_132_138_0.pdf (in Ukr.)

Received 16.04.2014

View Full TextDownload PDF
In, , , ,

More Papers