Ukraine’s industrial enterprises survival in conditions of energy crisis

Economic Annals-ХХI: Volume 152, Issue 7-8(1), Pages: 67-70

Citation information:
Linkova, E. (2015). Ukraine’s industrial enterprises survival in conditions of energy crisis. Economic Annals-XXI, 7-8(1), 67-70. https://ea21journal.world/index.php/ea-v152-16/

Elena Linkova
PhD (Economics),
Associate Professor,
National Technical University «Kharkiv Polytechnic Institute»
21 Frunze Str., Kharkiv, 61002, Ukraine
Linkova_Yu@mail.ru

Ukraine’s industrial enterprises survival in conditions of energy crisis

Abstract. Introduction. Today there exist alternatives to traditional energy sources available on the market. Their effective use depends on the organizational measures taken by industrial enterprises. Therefore, the main problem related to the survival of business entities is the implementation of the energy security strategy of the business.

Purpose of the article is implementation of innovative development of industrial enterprises in the conditions of energy crisis.

Methods. A systematic approach is applied to construct a universal model of industrial enterprises’ development strategy; an integrated approach is used regarding the determination of industrial enterprises’ cooperation levels in the geographic regions. We have applied the method of analysis to determine the alternatives of new energy sources, whereas the hypothetico-deductive method was used to justify the results from the practical use of the enterprise model development strategy.

Results. Formation of industrial enterprises’ subdivisions on realization of the strategy of innovation development will make it possible to form information field for control of innovation process; to effectively finance the innovative activity of enterprises; to increase financial resources intended for conducting the innovation activity of enterprises; to plan innovation development on the basis of the financial possibilities; to ensure mobility of the industrial enterprise in the conditions of innovative changes; to improve the results of financial and economic activity.

Conclusions. The use of a universal model of industrial enterprises’ development strategy on the basis of innovations and their social significance will help: to formulate the objectives in the development field, to create a consistent process for the development and adoption of administrative decisions; to define the requirements for implementation of strategic innovation planning; to create economically viable associations of economic entities for the implementation of projects to ensure energy security.

Keywords: Survival Strategy; Energy Crisis; Development of Industrial Enterprise; System Approach; Sources of Energy

JEL Classification: D21; D29; D80; D81; D83; F29; F35; E22; E23; E61; H56; L52; L89; L94; M11; M14; O10; O11; O31; O32; Q20; Q21; Q25; Q42; Q49

References

1. Johnson, G., Castes, F., & Rosenzweig D. (1971). Systems and leadership. Moscow: Soviet radio (in Russ.).
2. Optner, S. (1969). System analysis to solve business and industrial problems. Moscow: Soviet radio (in Russ.).
3. Drucker, P. (2010). Management, focused on results. Saint Petersburg: Technologist. School of business (in Russ.).
4. Blake, G., & Mouton D. (2013). Scientific methods of management. Kiev: High school (in Russ.).
5. China-Japan: problems of energy security in northeast Asia (2013).
   Retrieved from http://rud.exdat.com/docs/index-808317.html?page=2
6. Ustimenko, A. (2011). Davos 2011: Optimism, but cautious. Kazenergy, 1(43), 17-18 (in Russ.).
7. Zerkalo, D. (2012). Energy security. Kyiv: Osnova (in Russ.).
8. Ashby, W. (2005). Introduction to Cybernetics. Moscow: Komkniga (in Russ.).
9. Alternative Energy Sources.
   Retrieved from http://electrik.info/main/news/614-alternativnye-istochniki-energii.html (in Russ.)
10. Drucker, P. (2012). Management. Challenges of the 20^th century. Moscow: Mann, Ivanov and Ferber (in Russ.).
11. Bertalanffy, L. von. (1956). General System Theory. General Systems. Vol. I.
12. Samoilenko, Yu. (2013) Economic security of Ukraine: legal aspect. Viche (Viche), Journal of the Verkhovna Rada of Ukraine, No. 17.
    Retrieved from http://www.viche.info/journal/3838/ (in Ukr.)
13. Prodan ,U. (2008). Energy security of Ukraine: assessment and direction of provision. Kyiv (in Ukr.).
14. Senkowski, A. (2012). Threats to energy security of Ukraine in the conditions of increased competition at the global and regional markets for energy resources. Analytical report. Kyiv.
    Retrieved from http://www.niss.gov.ua/content/articles/files/Energo-807fc.pdf  (in Ukr.)
15. Kharkov. Industrial potential (2014).
    Retrieved from http://www.invest.kharkov.ua/section/57.html (in Russ.)
16. Solovey, D. (2015). Usage of solar energy. Does it actual for Ukraine?
    Retrieved from http://alterair.com.ua/services/engineering-solutions/alt_energy/74.html (in Russ.)

Received 18.05.2015