Open AccessMACROECONOMIC PREREQUISITES FOR THE FORMATION AND DEVELOPMENT OF THE ENGINEERING ENTERPRISES` ECONOMIC POTENTIAL
Author(s) -
Volodymyr Tytykalo
Publication year - 2021
Publication title -
problemi sistemnogo pìdhodu v ekonomìcì
Language(s) - English
Resource type - Journals
ISSN - 2520-2200
DOI - 10.32782/2520-2200/2021-2-17
Subject(s) - dynamism , machine building , production (economics) , modernization theory , industrial organization , economic potential , business , economic system , economics , economic growth , engineering , mechanical engineering , physics , quantum mechanics , macroeconomics
The main macroeconomic preconditions of formation and development of economic potential of machine – building enterprises of Ukraine are considered in the article. The level of economic potential of machine-building enterprises is characterized on the basis of research of a share of the processing industry in GDP of the country. The dynamics of the index of industrial production of Ukraine for 2013-2020 is studied. The positive dynamics of the number of business entities of the machine-building industry for 2013-2019 has been established. The dynamics of the volumes of manufactured products of machine-building enterprises is analyzed and its interrelation with the growth of the number of economic entities in the branch is established. The main trends of global machine-building markets, which reflect the economic potential of enterprises in the industry, are considered. The potential of the industry development in the form of the production base, the possibility of its renewal and modernization to create products based on domestic research and development are installed. Global and national economic shifts pose fundamentally new challenges to the management of machine-building enterprises, the solution of which requires a comprehensive diagnosis of the conditions of their operation. The dynamism and complexity of market processes that accompany the activities of machine-building enterprises require a systematic approach to the analysis of external and internal environment, analysis of changes in the dynamics of indicators and the establishment of priorities for economic development. The need to intensify the formation and development of economic potential of machine-building enterprises of Ukraine is also due to the importance of the transition to the sixth technological mode, the signs of which can be seen in a number of developed countries. Despite the positive dynamics of some key performance indicators of Ukrainian machine-building enterprises, a number of key issues remain unresolved and require the development of new management practices in partnership between government and business in order to increase the competitiveness of this key industry sector of Ukraine.