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Modelling the efficiency of technological management of agricultural enterprises in economic security

Author

Listed:
  • Vovk, Mykola
  • Zubro, Tetyana
  • Omarov, Elvin
  • Kolomiiets, Bohdan
  • Hnydiuk, Volodymyr

Abstract

Purpose. The purpose of this study is to develop a model for assessing the efficiency of technological management of agricultural enterprises in the context of ensuring economic security. The study also focuses on the analysis of key factors affecting the efficiency of technological processes, and on the development of tools for improving management technologies in the context of modern economic challenges and risks. Methodology / approach. The study applied a comprehensive approach to modelling the efficiency of technological management at agricultural enterprises. The main tool of analysis was quantitative methods, in particular economic and mathematical modelling, which allowed to assess the impact of various factors on the efficiency of management decisions. Data on financial, economic, technological and production activities of agricultural enterprises were used to build the models. The approach, based on the integration of the methods used, allows not only to assess the current state of technological management, but also to predict possible development scenarios in conditions of economic instability. Results. Modelling of the state of efficiency of technological management in the system of economic security of agricultural enterprises of Poltava, Kyiv and Sumy regions for 2014–2023 was carried out. It was established that agricultural enterprises of Poltava region show consistently high scores, which indicates a strong technical-and-technological potential and the implementation of innovative solutions. Agricultural enterprises of Kyiv region demonstrate a gradual increase in the efficiency of technological management, although their indicators still remain lower than those of enterprises of the Poltava region. Agricultural enterprises of Sumy region have the lowest scores, which indicates serious problems in technical-and-technological development, probably due to an insufficient level of investment. In general, it is necessary to improve the technological management of agricultural enterprises, especially in Kyiv and Sumy regions, in order to ensure stable development of enterprises in the long term. Originality / scientific novelty. The novelty lies in the original authors’ comprehensive modelling of the efficiency of technological management of agricultural enterprises through an integrated assessment, which includes technical and technological, production, innovation and management indicators. The originality of the methodology lies in the application of the principal component method to determine weighting factors, which allows identifying key factors that affect technological management and economic security. Taking into account stimulators and destimulators when analysing the development of enterprises allows for accurate diagnostics and developing effective strategies for improving management. Practical value / implications. The results can be used in the activities of agricultural enterprises to optimise the processes of making management decisions. The proposed methodology also facilitates the analysis of large volumes of data and increases the accuracy of forecasts, which has a direct impact on strategic planning and competitiveness of the enterprise.

Suggested Citation

  • Vovk, Mykola & Zubro, Tetyana & Omarov, Elvin & Kolomiiets, Bohdan & Hnydiuk, Volodymyr, . "Modelling the efficiency of technological management of agricultural enterprises in economic security," Agricultural and Resource Economics: International Scientific E-Journal, Agricultural and Resource Economics: International Scientific E-Journal, vol. 11(1).
    • Handle: RePEc:ags:areint:364302
    DOI: 10.22004/ag.econ.364302
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    References listed on IDEAS

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    1. Markina, Iryna & Somych, Nikolai & Taran-Lala, Olena & Varaksina, Elena & Potapiuk, Iryna & Vovk, Mykola, 2022. "Managerial Aspects of Forming Enterprises’ Competitive Advantages: The Case of Agri-food Sector," International Journal on Food System Dynamics, International Center for Management, Communication, and Research, vol. 13(01), January.
    2. Guoqing Zhao & Shaofeng Liu & Carmen Lopez & Huilan Chen & Haiyan Lu & Sachin Kumar Mangla & Sebastian Elgueta, 2020. "Risk analysis of the agri-food supply chain: A multi-method approach," International Journal of Production Research, Taylor & Francis Journals, vol. 58(16), pages 4851-4876, July.
    3. Assunta Di Vaio & Flavio Boccia & Loris Landriani & Rosa Palladino, 2020. "Artificial Intelligence in the Agri-Food System: Rethinking Sustainable Business Models in the COVID-19 Scenario," Sustainability, MDPI, vol. 12(12), pages 1-12, June.
    4. Iryna Markina & Dmytro Diachkov & Tetiana Bodnarchuk & Polina Paschenko & Nataliia Chernikova, 2022. "Management of Resource-Saving and Energy-Saving Technologies as an Innovative Direction of Agri-Food Enterprise Restructuring," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 19(02), pages 1-24, April.
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