Bìznes Inform (Dec 2018)

The Directions of Increasing Competitiveness of the Industrial Complexes of Regions of Ukraine

  • Tulchynska Svitlana O.

Journal volume & issue
Vol. 12, no. 491
pp. 194 – 198

Abstract

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The article defines that competitiveness of the industrial complex is its ability to develop, produce, sell and maintain high-quality, innovative, competitive, industrial products both in the internal and the external markets, satisfying consumer demand for industrial products. It is clarified that competitiveness of the industrial complex directly leads to competitiveness of the region, which in turn is the ability to achieve sustainable economic development of the region and improve the standard of living of its population by managing the competitive advantages of the region through more efficient use of existing resources and the development of potential opportunities. Identification of the problems inherent in the industrial complexes of regions nowadays makes possible to determine the directions of increasing the competitiveness of regions in conditions of increasing the competitiveness of industrial complexes. The influence of increasing competitiveness of industrial complexes on the socio-economic development of regions is determined. The author defines measures to increase the competitiveness of industrial complexes on the part of the State and regional authorities by means of public-private partnership, use of regional programs of development of industrial complexes, support of innovative projects, and modernization of innovation infrastructure of regions.

Keywords