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Strategic determinants of industrial enterprises’ technological development

Author

Listed:
  • Marina V. Evseeva

    (Ural State University of Economics, Ekaterinburg, Russia)

  • Evgeny N. Starikov

    (Ural State University of Economics, Ekaterinburg, Russia)

  • Irina N. Tkachenko

    (Ural State University of Economics, Ekaterinburg, Russia)

Abstract

The pace of technological changes requires certain flexibility of industrial enterprises’ business models. The paper aims to uncover and explore the importance and interaction of the determinants of technological development strategies. Methodological basis of the research rests on the tripod strategy perspective and the theory of technological development. The au thors apply general scientific and sociometric methods, regression analysis. The research builds on the answers of 148 respondents that include executives and specialists of mechanical engi neering enterprises, as well as experts from the Union of Defence Industry Enterprises of the Sverdlovsk oblast, regional branches of OOO “Russian Engineering Union” in Sverdlovsk and Chelyabinsk oblasts. The survey results allow determining the composition of the institutional, sectoral, and resource determinants of technological development strategies, of which the most influential is the institutional determinant. Technological turbulence, if inherent in the sector, decreases companies’ capabilities to respond to the institutional pressure. The most important component of the resource determinant is the availability of funds for investment, which elimi nates the problems of attracting qualified personnel, protecting intellectual property, and in creasing the speed of production technologies development. The research findings may be of use for company executives to formulate a balanced technological development strategy as well as for government authorities while providing state support.

Suggested Citation

  • Marina V. Evseeva & Evgeny N. Starikov & Irina N. Tkachenko, 2022. "Strategic determinants of industrial enterprises’ technological development," Journal of New Economy, Ural State University of Economics, vol. 22(4), pages 139-155, January.
    • Handle: RePEc:url:izvest:v:22:y:2021:i:4:p:139-155
    DOI: 10.29141/2658-5081-2021-22-4-8
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    References listed on IDEAS

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    More about this item

    Keywords

    tripod strategy perspective; technological development; industrial enterprise; insti tutional pressure; technological turbulence;
    All these keywords.

    JEL classification:

    • L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods

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