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Industrial cooperation and its influence on sustainable economic growth

Author

Listed:
  • Alena V. Fomina

    (Central Research Institute of Economy Management and Information Systems "Electronics")

  • Oksana N. Berduygina

    (Tyumen Industrial University)

  • Alexander A. Shatsky

    (Russian State Social University)

Abstract

The stability of economic development is determined by the features of the network structure in collaborative engagement of enterprises. Industrial cooperation is just one part of that process; it differs in spatial coverage and range of activity. The complexity of taking into account the synergistic effect that arises in this case stresses the importance of this question from the theoretical and practical points of view. For this purpose, the paper considers the essence of industrial cooperation, some approaches to agglomerative tendencies and conceptual visions of cooperation from the standpoint of institutional theory. The investigation of the influence of cooperation on economic growth is based on several hypotheses. The first one is about the positive correlation between the studied parameters; the second one is about the fact that protection of institutional property rights is an important factor in cooperation development. These theories have been studied within the frame of loglinear model using the table of data about 20 European countries for the forecast period of 2017-2021. The results show that the mature system of industrial cooperation allows providing an additional economic growth at the level of 2.3-3.0%. It is also important to conclude that cooperation enhances the factor impact of the usual determinants of economic growth (working labor, capital and export). The model also takes into account some other possible determinants of economic growth such as expenses on research and development, use of a right of intellectual property and the Index of Economic Freedom. At the same time, a lax regulation in the sphere of property rights protection can become an incentive for co-operators. These and some other provisions determine the ways of enhancing of activity of enterprises for their close collaboration; it is emphasized that the development of co-operational relations has a great impact on competitiveness and sustainability.

Suggested Citation

  • Alena V. Fomina & Oksana N. Berduygina & Alexander A. Shatsky, 2018. "Industrial cooperation and its influence on sustainable economic growth," Post-Print hal-01773578, HAL.
    • Handle: RePEc:hal:journl:hal-01773578
    DOI: 10.9770/jesi.2018.5.3(4)
    Note: View the original document on HAL open archive server: https://hal.science/hal-01773578
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    References listed on IDEAS

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    Cited by:

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    2. Katarína Havierniková & Marcel Kordoš, 2019. "Selected risks perceived by SMEs related to sustainable entrepreneurship in case of engagement into cluster cooperation," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 6(4), pages 1680-1693, June.
    3. O. Karasev & A. Beloshitsky & S. Trostyansky & A. Krivtsova & V.N. Valerievna, 2018. "Development of National Innovation Systems in Developed Countries," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 2), pages 701-712.
    4. Gefu Liang & Dajia Yu & Lifei Ke, 2021. "An Empirical Study on Dynamic Evolution of Industrial Structure and Green Economic Growth—Based on Data from China’s Underdeveloped Areas," Sustainability, MDPI, vol. 13(15), pages 1-16, July.
    5. Veronika Yu. Chernova & Veronika Yu. Chernova & Alexander M. Zobov & Ekaterina A. Degtereva & Vasily S. Starostin & Inna V. Andronova, 2020. "Sustainable economy: evaluation of food self-sufficiency in Russia," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(3), pages 1541-1554, March.
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    7. Antonín Korauš & Michal Mazák & Ján Dobrovič, 2018. "Quantitative analysis of the competitiveness of Benelux countries," Post-Print hal-01860140, HAL.
    8. Weiwei Liu & Jianing Yang, 2018. "The Evolutionary Game Theoretic Analysis for Sustainable Cooperation Relationship of Collaborative Innovation Network in Strategic Emerging Industries," Sustainability, MDPI, vol. 10(12), pages 1-16, December.
    9. Piotr Trąpczyński & Łukasz Puślecki & Michał Staszków, 2018. "Determinants of Innovation Cooperation Performance: What Do We Know and What Should We Know?," Sustainability, MDPI, vol. 10(12), pages 1-32, November.
    10. Wenjian Li & Yang Zhang & Yuanyuan Wu & Xue Han & Benhai Guo & Gang Xie, 2021. "Enterprise Reciprocity and Risk Preferences and the Sustainable Cooperation of Innovation Activities in Industrial Parks," Sustainability, MDPI, vol. 13(17), pages 1-22, August.
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    Keywords

    effects of cooperation; integrated entities; determinants of economic growth; sustainable economic growth; industrial cooperation;
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