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Business network as a factor in of sustainable development of industrial enterprises

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  • O. S. Sinyakova

Abstract

Ensuring sustainable development of the industrial complex is one of the most important scientific and practical problems. The basis for the sustainable development of the enterprise is the effective use and development of the balanced resources potential. In modern conditions the acceleration of innovation processes, the development of specialization and cooperation of enterprises, reinforcement of global economic relations change the value of individual resources. Intangible assets, such as knowledge, information and relations with business partners, become a leading factor in the development of the industrial enterprise. Establishing and maintaining a network within the business enterprise partnerships provide additional assets of resource support for sustainable development. Companies pay in the process of forming relationships with partners a particular attention to the establishment of close cooperation with consumers. The involvement of consumers in the value creation process makes it possible to completely consider their needs, to reduce the risks of unsuccessful offer, to open the possibility of their involvement and to use their resources for the enterprise activity , which is essential for its sustainable development. The article presents the main directions of development of business networks, shows typical examples of networks in different countries and areas.

Suggested Citation

  • O. S. Sinyakova, 2015. "Business network as a factor in of sustainable development of industrial enterprises," Russian Journal of Industrial Economics, MISIS, issue 2.
  • Handle: RePEc:ach:journl:y:2015:id:461
    DOI: 10.17073/2072-1633-2015-2-39-46
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