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Generalisation of Properties of Economic Potential in the Context of the System Approach


  • Babyna Olena Ye.

    () (Kyiv State Maritime Academy named after Hetman Petro Konashevich-Sahaydachniy)

  • Karpenko Oksana O.

    () (Kyiv State Maritime Academy named after Hetman Petro Konashevich-Sahaydachniy)


Potential is a fundamental characteristic of any system and basis of the process of development. The article considers essence of the "potential" notion in different sciences. It studies enterprise potential as an economic category from the point of view of the resource concept (as an aggregate of resources and links between them), functional concept (as an aggregate of functions, which ensure realisation of abilities and possibilities) and resource and purpose concept. The article systemises multi-aspect nature of definitions of the potential. It identifies that the existing discrepancies between different approaches to definition of the potential vanish if we differentiate the "potential" notion as a static value (resources and possibilities that exist at this moment) and dynamic value (process and result of development). The article analyses evolution of interpretation of the "potential" notion and proves that one can study today issues of assessment of the potential, management of its development and identification of sufficiency of its value only from the positions of the system approach. It studies scientific approaches to formation of the potential as a system. It underlines that time is an important characteristic of the process of development of systems. The authors offer to classify system properties of the potential depending on their manifestation in time. All properties of the enterprise potential are grouped by this feature in three groups: static, dynamic and synthetic.

Suggested Citation

  • Babyna Olena Ye. & Karpenko Oksana O., 2013. "Generalisation of Properties of Economic Potential in the Context of the System Approach," Business Inform, RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics, issue 9, pages 55-60.
  • Handle: RePEc:idp:bizinf:y:2013:i:9:p:55_60

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    References listed on IDEAS

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    5. Agell, Jonas & Lindh, Thomas & Ohlsson, Henry, 1999. "Growth and the public sector: A reply," European Journal of Political Economy, Elsevier, vol. 15(2), pages 359-366, June.
    6. Michael Bleaney & Norman Gemmell & Richard Kneller, 2001. "Testing the endogenous growth model: public expenditure, taxation, and growth over the long run," Canadian Journal of Economics, Canadian Economics Association, vol. 34(1), pages 36-57, February.
    7. António Afonso & Ludger Schuknecht & Vito Tanzi, 2005. "Public sector efficiency: An international comparison," Public Choice, Springer, vol. 123(3), pages 321-347, June.
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