Development of the competitive advantages of the enterprise based on the network cooperation

Natalia Meshkova,Nataly Sergievskaya,A Fedyukhin,S Dixit

doi:10.1051/e3sconf/202022001021

Abstract

The article deals with the issues of ensuring the competitiveness of enterprises by means of the network interactions. The aim of the research is to study the problem of choosing the effective toolkit for managing the development of the manufacturing enterprises based on the inter-organizational integration processes. The issues of integration with other market participants, which is a prerequisite for ensuring the strategic competitive advantages of the enterprises in the context of globalization, are discussed in the article. The simplified algorithm has been developed to substantiate the feasibility of the method of integrating a business entity with other market participants. As a result of the research, the logic of crosssectoral integration of the enterprises was substantiated through the creation of the networked business systems. They are characterized by flexibility and ability by their nature to adapt to the market space. As a result, the main stages of creating the business network were identified, which presuppose the presence of the key components of its forming. They are missions, goals, resources.

Highlights

Integration with other participants is often an objective prerequisite for ensuring the strategic competitive advantages of the enterprises in the context of globalization. This conclusion follows from many modern concepts of managing the socio-economic development of the society and economy
The world practice of dealing business indicates that cooperation and integration through the creation of the new relationships act as a locomotive of the economic development for the small, medium and large enterprises
- a closed Japanese-German model, which provides for the attraction of the portfolio investments with the high investment risks. Such integration processes are primarily focused on the joint-stock companies and on the horizontal integration

Summary

Introduction

Integration with other participants is often an objective prerequisite for ensuring the strategic competitive advantages of the enterprises in the context of globalization. This conclusion follows from many modern concepts of managing the socio-economic development of the society and economy. Particular attention should be paid to the concept of the "postindustrial society" by D. Bell [1] and A. Toffler [2], the theory of "information society" by F. Umesao [3], the theory of economic development by J. Schumpeter [4], the theory of "global networks and flows" M. Castells [5] and others

Objectives

Methods

Results

Conclusion