Abstract
To investigate, identify and specify environmental factors influencing sustainable and competitive development of industrial enterprises which are the driver of growth of national economies. External and internal environmental factors are considered in the context of innovation potentialities of companies-and innovations are the key factors which provide sustainable development of business structures. World practice of sustainable development in regard to industrial enterprises and modern theoretical and empirical concepts are investigated which tie-up sustainable development of industrial enterprises to their innovation activity. The result of this study is limited practice-oriented concept of complex character which allows to conclude that the level of innovation activity of an industrial enterprise directly depends on the level of its functioning and development. Practical use of the concept of interrelation of the level of development of industrial enterprises with due regard to above-mentioned restrictions is perspective in terms of formation of new tools considered as optimal limited alternative to current managerial approaches which mainly are response to external environmental changes, while modern business conditions demand pro-activity.
Highlights
INTRODUCTIONIn the nearest future and for the whole 21st century innovations will determine the success and
In the nearest future and for the whole 21st century innovations will determine the success andWorld business space is changing and these competitiveness of separate industrial enterprises, their changes on the one hand are cardinal and radical but groups, clusters and industries
Summarizing everything which was said in this article we should notice that innovative development of modern industrial structure is determined by some combination of external and internal environmental factors
Summary
In the nearest future and for the whole 21st century innovations will determine the success and. World business space is changing and these competitiveness of separate industrial enterprises, their changes on the one hand are cardinal and radical but groups, clusters and industries. It is connected with the on the other hand are intrinsically necessary, being fact that society and economy crossed the break-point logical consequence of those changes which after which there is no return to traditional socioaccompany transition from traditional economy to economic values and they need quality leap to new higheconomy of knowledge and from traditional tech order (Sapir et al, 2013). Sergej Petrovich Baranenko et al / American Journal of Applied Sciences 11 (2): 189-194, 2014 balanced growth and competitiveness for oncoming period (Pandiyan et al, 2011)
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