COMPETITIVENESS OF THE REGION IN GLOBALIZATION CONDITIONS

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COMPETITIVENESS OF THE REGION IN GLOBALIZATION CONDITIONS

Journal Title: Держава та регіони. Серія: Економіка та підприємництво - Year 2018, Vol 4, Issue 103

Abstract

The development of a regional economy, its characteristics and properties are determined by a combination of factors having different nature and manifestations. In an open economy, the number of factors of influence is increasing, and their influence on economic relations becomes more tangible and less predictable. Such processes turn into the defining features of the development of the economy of the country and its regions of the phenomenon. Such phenomena include globalization as a property, consequence and characteristic of an open economic system. Under its influence, fundamental economic categories, such as competitiveness, are changing. This concept confirms the correspondence of the enterprise, industry, region, country, new market and economic conditions of management. The study of the definition of the competitiveness of the region makes it possible to note the following: 1) there is no single definition of this definition, the focus is on the availability of competitive advantages, but there is no concretization of their list, as well as selection criteria; 2) “competitiveness of the region” is often identified with the “competitiveness of the industry and the enterprise”, which does not correspond to the real situation and distorts the vision of the essence of the competitiveness of the region; 3) competitiveness of the region is connected, first of all, with the economic component, which gives an absolute advantage, other components (ecological, resource, strategic, etc.) are taken into account as secondary, tangent to the basic concept; 4) does not pay attention to the potential of the region’s competitiveness, its components, factors of influence, and role in the development of the regional economy. In the author’s opinion, the competitiveness of the region is a complex acquired ability of the local economic system to provide, in the current conditions and in the foreseeable future, a number of regional advantages that create the preconditions for the formation of the vector of development of regional economic architecture in order to achieve and maintain the priority market positions of its components. Ensuring competitiveness is a complex process that depends on many factors and their combination. Competitive positions of the enterprise, industry, and region are achieved in the period when the activation of the corresponding policy ensures efficiency at the appropriate level. The competitiveness of the region is a relative concept, which has its own specific significance for the region, country, competitors, investors, foreign markets The types of competitiveness of the region are determined: innovative, resource, ecological, economic, strategic, and social. Each type has its own characteristics, and the only economic basis embodied in the presence or formation of competitive advantages. As a result of the study, it is worth noting the direction of further research: the structure and complex system of the effects of competitiveness; the distinction between methods and means of ensuring competitiveness for different regions; Thirdly, the impact on the region’s competitiveness of a set of factors, tasks, properties, and characteristics, which is a system of interconnected and interdependent components; forecasting the competitiveness of the region.

Authors and Affiliations

N. O. Andrusiak

Keywords

EP ID EP563408
DOI -
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