Structuring of the economic potential components of seed enterprises

Authors

DOI:

https://doi.org/10.26906/EiR.2022.4(87).2798

Keywords:

economic potential of the enterprise, seed enterprises, innovation transfer, resources, seed production, changing competitive environment, synergy

Abstract

From the correct identification of the economic potential components as an important economic category from the point of view of the systemic approach, the reliability of its assessment methodology and the development of further measures for its maximum return in the conditions of variability and uncertainty of the competitive environment, as well as increasing business performance, depend. Agricultural enterprises, in particular with seed specialization, have a powerful economic potential, the management of which is an important task of economic science. The article is devoted to the analysis of the researchers' theoretical views and the justification of the systematic approach to the structuring of the economic potential of seed enterprises. It was determined that the economic potential is a basic indicator of the economic growth of enterprises, industries and the national economy in general, and theoretical approaches to determining its components were analyzed. It has been proved that there is no unified approach to the definition and establishment of the components of economic potential in the scientific literature due to its multifaceted nature and the branch features of economic entities. The theoretical approach to the structuring of the economic potential is substantiated, with the identification of financial, labour, innovation, production, scientific and technological, environmental, information, marketing and management components, which are under the influence of various groups of innovations, characteristic of agrarian enterprises of the seed profile. The novelty of the obtained results lies in the deepening of the theoretical basis for the management of the economic potential of seed enterprises from the point of view of the innovations transfer and advanced achievements of Ukrainian agricultural genetics and selection into agricultural production. This will contribute to the maximum synergistic effect of the interaction and return of the components of the economic potential of enterprises, and, as a result, to the satisfaction of the interests of the stakeholders of the seed industry and the strengthening of food security in general.

Author Biography

Vitalii Orlov, State Biotechnological University

Candidate of Economic Sciences, Doctoral Candidate of Accounting, Audit and Taxation Department

References

Azhaman, I.A. and Zhydkov, O.I. (2018), “The nature and structure of the economic potential of the enterprise”, Ekonomika ta derzhava, no. 4, pp. 22–25.

Arefjeva, O.V., Mizjuk, S.Gh. and Rashhepkin, M.D. (2018), “Specifics of enterprise capability development based on economic security”, Naukovyj visnyk Uzhghorodsjkogho nacionaljnogho universytetu. Serija: Mizhnarodni ekonomichni vidnosyny ta svitove ghospodarstvo, vol. 22, issue 1, pp. 5–9.

Balakhonova, O.V. (2021), “Generalization of the components of economical potential enterprise and mechanism development in it sphere”, Rynkova ekonomika: suchasna teorija i praktyka upravlinnja, vol. 20, issue 2 (48), pp. 98–115. DOI: https://doi.org/10.18524/2413-9998.2021.2(48).243683

Balackij, O.F. (2006), Economic potential of administrative and production systems, Universitetskaja kniga, Sumy, Ukraine.

Boghma, O.S., V`jalecj, O.V. and Verchak, A.O. (2020), “Assessment of the economic potential of trade enterprises”, Industrija turyzmu i ghostynnosti v Centraljnij ta Skhidnij Jevropi, no. 4, pp. 43–49.

Vaskivska, K.V., Lozinska, L.D. and Halimuk, Yu.O. (2020), “The enterprise economic potential in the face of change: the essence and characteristics”, Efektyvna ekonomika (electronic journal), no. 5, available at: http://www.economy.nayka.com.ua/?op=1&z=7858 DOI: https://doi.org/10.32702/2307-2105-2020.5.7

Vynoghradova, O.V., Jevtushenko, N.O. and Ghoncharenko, S.V. (2017), “Methodology of evaluation of the potential of convergently oriented development of telecommunication industry enterprises”, Efektyvna ekonomika (electronic journal), no. 8, available at:: http://www.economy.nayka.com.ua/?op=1&z=5713

Holovkova, L.S. (2009), Aggregate economic potential of the corporation: formation and development, Vyd-vo KPU, Zaporizhzhia, Ukraine.

Ghudzj, Ju.F. (2016), “Positioning scientific and methodological approaches to the formation of the economic potential of enterprises”, Naukovyj visnyk Khersonsjkogho derzhavnogho universytetu. Serija «Ekonomichni nauky», vol. 19, issue 1, pp. 69–74.

Kozlovsjkyj, V.O. and Prychepa, I.V. (2007), “Theoretical and methodological approaches to determining the potential of the enterprise”, Visnyk Vinnycjkogho politekhnichnogho instytutu. Serija «Ekonomika ta menedzhment», no. 3, pp. 28–33.

Otenko, I.P. (2004), Methodological foundations of enterprise potential management, HNEU, Kharkiv, Ukraine.

Oriekhova, A.I. (2018), “Economic potential of the enterprise: intrinsic characteristics and structuring”, Ekonomika i suspiljstvo, vol. 17, pp. 308–313. DOI: https://doi.org/10.32782/2524-0072/2018-17-45

Published

2022-12-12

How to Cite

Orlov, V. (2022). Structuring of the economic potential components of seed enterprises. Economics and Region, (4(87), 189–194. https://doi.org/10.26906/EiR.2022.4(87).2798

Issue

Section

ECONOMICS AND BUSINESS ADMINISTRATION