Academic literature on the topic 'Concept of the system of the management of the economic activity efficiency on the basis of marginal approach'

A review article devoted to the book of Andrzej Blikle – Doktryna jakości. Rzecz o skutecznym zarządzaniu. As pointed out by the Author, the book is a case of a work rare on the Polish publishing market, written by an outstanding scientist, who successfully runs a business activity. The combination of practical experience with theoretical knowledge gave a result that may be satisfying both for practitioners as well as theorists, and also those who want to get to know the ins and outs of an effective and efficient business management. The Author of the review believes that it is an important voice for shaping an inclusive socio-economic system, which constitutes a value in itself. Although the book is mainly concerned with business management, its message has a much wider dimension and is concerned with real measures of wealth, money and people’s lives. The book was awarded The SGH Collegium of Business Administration Award “For the best scientific work in the field of business administration in the years 2014-2015”. Andrzej Jacek Blikle Doktryna jakości. Rzecz o skutecznym zarządzaniu (The Doctrine of Quality. On Effective Management) Gliwice, Helion Publishing Company, 2014, p. 546 Introduction One of the distinctive features of the contemporary economy and contemporary world is a kind of obsession of quantity which is related to thoughtless consumerism, unfavourable to the care for the quality of the work and the quality of the produced and consumed goods and services. It is accompanied by culture (or rather non-culture) of singleness. Therefore, the book The Doctrine of Quality by Andrzej Blikle is like a breath of fresh air. It is a different perspective on the economy and the model of operation of enterprises, on the model of work and life of people. A. Blikle proves that it can be done otherwise. He proves it on the basis of careful studies of the source literature – as expected from a professor of mathematics and an economist, but also on the basis of his own experience gained during the scientific and educational work, and most of all through the economic practice. In the world governed by the obsession of quantity, characterised by fragility, shortness of human relationships, including the relationship of the entrepreneur – employee, A. Blikle chooses durability of these relations, creativity, responsibility, quality of work and production, and ethics. The Doctrine of Quality is a rare example of the work on the Polish publishing market, whose author is a prominent scientist, successfully conducting a business activity for more than two decades, which has contributed to the development of the family company – a known confectionery brand “A. Blikle”. The combination of practical experience with theoretical knowledge gave a result that may be satisfying both for practitioners as well as theorists, and also those who want to get to know the ins and outs of an effective and efficient business management, or develop the knowledge on this topic. In an attractive, clear narrative form, the author comprehensively presents the complexities of business management, indicating the sources of success, but also the reasons and the foundations of failures. At the same time, he presents these issues with an interdisciplinary approach, which contributes to thoroughness of the arguments and deeper reflections. Holism, typical to this book, is also expressed in the focus of A. Blikle not only on the economic, but also on social and ecological issues. Here, the author points to the possibility and need of reconciliation of the economic interests with social interests, and the care for the public good. Analyses of this subject are presented using the achievements of many areas of studies, in addition to economic sciences, including mathematics, sociology, psychology, medicine, and others. This gives a comprehensive picture of the complexity of business management – taking into account its close and distant environment. There are no longueurs in the book, although extensive (over 500 pages), or lengthy, or even unnecessary reasoning overwhelming the reader, as the text is illustrated with a number of examples from practice, and coloured with anecdotes. At the same time, the author does not avoid using expressions popular in the world of (not only) business. He proves that a motivational system which is not based on the approach of “carrot and stick” and without a devastating competition of a “rat race” is possible. The author supports his arguments with references not only to the interdisciplinary scientific achievements, but also to the economic historical experiences and to a variety of older and newer business models. There is a clear fascination with the reserves of creativity and productivity in the humanization of work. In fact, the author strongly exposes the potential of productivity and creativity in creating the conditions and atmosphere of work fostering elimination of fear of the future. He shows that such fear destroys creativity. It is not a coincidence that A. Blikle refers to the Fordist principles, including the warning that manufacturing and business do not consist of cheap buying and expensive selling. He reminds that Henry Ford, a legendary creator of the development of the automotive industry in the United States, put serving the public before the profit. The Doctrine of Quality is at the same time a book – proof that one of the most dangerous misconceptions or errors in the contemporary understanding of economics is finding that it is a science of making money, chremastics. Edmund Phelps and others warned against this in the year of the outbreak of the financial crisis in the USA in 2008, reminding that economics is not a science of making money but a science of relations between the economy and social life [Phelps, 2008]. Economics is a science of people in the process of management. Therefore, by definition, it applies to social values and ethos. Ethos is a general set of values, standards and models of proceedings adopted by a particular group of people. In this sense, ethos and economics as a science of people in the process of management are inseparable. Detaching economics from morality is in contradiction to the classical Smithian concept of economics, as Adam Smith combined the idea of the free market with morality. He treated his first work, The Theory of Moral Sentiments, as an inseparable basis for deliberations on the nature and causes of the wealth of nations, which was the subject of the subsequent work of this thinker [Smith, 1989; Smith, 2012]. Identifying economics with chremastics would then mean that all actions are acceptable and desired, if their outcome is earnings, profit, money. The book of A. Blikle denies it. It contains a number of case studies, which also stimulate broader reflections. Therefore, and also due to the features indicated above, it can be a very useful teaching aid in teaching entrepreneurship and management. The appearance of a book promoting the doctrine of quality and exposing the meaning of ethos of work is especially important because today the phenomenon of product adulteration becomes increasingly widespread, which is ironically referred to in literature as the “gold-plating” of products [Sennett, 2010, pp. 115-118], and the trend as “antifeatures”, that is intentionally limiting the efficiency and durability of products of daily use to create demand for new products. A model example of antifeature is a sim-lock installed in some telephones which makes it impossible to use SIM cards of foreign operators [Rohwetter, 2011, p. 48; Miszewski, 2013]. These types of negative phenomena are also promoted by the development of systemic solutions aiming at the diffusion of responsibility [Sennett, 2010]. This issue is presented among others by Nassim N.N. Taleb, in the book with a meaningful title Antifragile: How to Live in a World We Don’t Understand? The author proves that the economy and society lose their natural durability as a result of the introduction of numerous tools and methods of insurance against risks, but mostly by shifting the burden of risks on other entities [Taleb, 2012]. N.N. Taleb illustrates his arguments with numerous convincing examples and references to history, recalling, inter alia, that in ancient times there was no building control, but the constructors, e.g. of bridges had to sleep under them for some time after their construction, and the ancient aqueducts are still working well until today. So, he shows that a contemporary world, focused on quantitative effects, does not create a sound base for ethical behaviours and the care for the quality of work and manufacturing. Andrzej Blikle points to the need and possibility of opposing this, and opposing to what the Noble Price Winner for Economics, Joseph Stiglitz described as avarice triumphs over prudence [Stiglitz, 2015, p. 277]. The phrase emphasised in the book “Live and work with a purpose” is the opposition to the dangerous phenomena listed above, such as for example antifeatures. convincing that although the business activity is essentially focused on profits, making money, limited to this, it would be led to the syndrome of King Midas, who wanted to turn everything he touched into gold, but he soon realised that he was at risk of dying of starvation, as even the food turned into gold. What distinguishes this book is that almost every part of it forces in-depth reflections on the social and economic relations and brings to mind the works of other authors, but at the same time, creates a new context for them. So, A. Blikle clearly proves that both the economy and businesses need social rooting. This corresponds to the theses of the Hungarian intellectual Karl Polanyi, who in his renowned work The Great Transformation, already in 1944 argued that the economy is not rooted in the social relations [Polanyi, 2010, p. 70]. He pointed to the risk resulting from commodification of everything, and warned that allowing the market mechanism and competition to control the human life and environment would result in disintegration of society. Although K. Polanyi’s warnings were concerned with the industrial civilization, they are still valid, even now – when the digital revolution brings fundamental changes, among others, on the labour market – they strengthen it. The dynamics of these changes is so high that it seems that the thesis of Jeremy Rifkin on the end of work [Rifkin, 2003] becomes more plausible. It is also confirmed by recent analyses included in the book of this author, concerning the society of zero marginal cost and sharing economy [Rifkin, 2016], and the analyses concerning uberisation [Uberworld, 2016]. The book of Andrzej Blikle also evokes one of the basic asymmetries of the contemporary world, which is the inadequacy of the dynamics and sizes of the supply of products and services to the dynamics and sizes of the demand for them. Insufficient demand collides with the rapidly increasing, as a result of technological changes, possibilities of growth of production and services. This leads to overproduction and related therewith large negative implications, with features of wasteful economy of excess [Kornai, 2014]. It is accompanied by phenomena with features of some kind of market bulimia, sick consumerism, detrimental both to people and the environment [Rist, 2015]. One of the more compromising signs of the economy of excess and wasting of resources is wasting of food by rich countries, when simultaneously, there are areas of hunger in some parts of the world [Stuart, 2009]. At the same time, the economy of excess does not translate to the comfort of the buyers of goods – as in theory attributed to the consumer market. It is indicated in the publication of Janos Kornai concerning a comparative analysis of the features of socio-economic systems. While exposing his deep critical evaluation of socialist non-market systems, as economies of constant deficiency, he does not spare critical opinions on the capitalist economy of excess, with its quest for the growth of the gross domestic product (GDP) and profits. As an example of the economy of excess, he indicates the pharmaceutical industry, with strong monopolistic competition, dynamic innovativeness, wide selection for the buyers, flood of advertisements, manipulation of customers, and often bribing the doctors prescribing products [Kornai 2014, p. 202]. This type of abnormalities is not alien to other industries. Although J. Konrai appreciates that in the economy of excess, including the excess of production capacities, the excess is “grease” calming down and soothing clashes that occur in the mechanisms of adaptation, he also sees that those who claim that in the economy of excess (or more generally in the market economy), sovereignty of consumers dominates, exaggerate [Kornai, 2014, pp. 171-172], as the manufacturers, creating the supply, manipulate the consumers. Thus, there is an excess of supply – both of values as well as junk [Kornai, 2014, p. 176]. Analysing the economy of excess, J. Kornai brings this issue to the question of domination and subordination. It corresponds with the opinion of Jerzy Wilkin, according to whom, the free market can also enslave, so take away individual freedom; on the other hand, the lack of the free market can lead to enslavement as well. Economists willingly talk about the free market, and less about the free man [Wilkin, 2014, p. 4]. The economy of excess is one of the consequences of making a fetish of the economic growth and its measure, which is the gross domestic product (GDP) and treating it as the basis of social and economic activity. In such a system, the pressure of growth is created, so you must grow to avoid death! The system is thus comparable to a cyclist, who has to move forwards to keep his balance [Rist, 2015, p. 181]. It corresponds with the known, unflattering to economists, saying of Kenneth E. Boulding [1956], criticising the focus of economics on the economic growth, while ignoring social implications and consequences to the environment: Anyone who believes in indefinite growth in anything physical, on a physically finite planet, is either mad or an economist. [from: Rist, 2015, p. 268]. GDP is a very much needed or even indispensable measure for evaluation of the material level of the economies of individual countries and for comparing their economic health. However, it is insufficient for evaluation of the real level of welfare and quality of life. It requires supplementation with other measures, as it takes into account only the values created by the market purchase and sale transactions. It reflects only the market results of the activity of enterprises and households. Additionally, the GDP account threats the socially desirable and not desirable activities equally. Thus, the market activity related to social pathologies (e.g. functioning of prisons, prostitution, and drug dealing) also increase the GDP. It was accurately expressed already in 1968 by Robert Kennedy, who concluded the discussion on this issue saying that: the gross national product does not allow for the health of our children, the quality of their education or the joy of their play. It does not include the beauty of our poetry or the strength of our marriages, the intelligence of our public debate or the integrity of our public officials. It measures neither our wit nor our courage, neither our wisdom nor our learning, neither our compassion nor our devotion to our country, it measures everything in short, except that which makes life worthwhile [The Guardian, 2012]. While Grzegorz W. Kołodko even states that it should be surprising how it is possible that despite a number of alternative measures of social and economic progress, we are still in the corset of narrow measure of the gross product, which completely omits many significant aspects of the social process of reproduction [Kołodko, 2013, p. 44]. In this context he points to the necessity of triple sustainable growth – economic, social, and ecological [Kołodko, 2013, p. 377]. Transition from the industrial civilisation model to the new model of economy, to the age of information, causes a kind of cultural regression, a phenomenon of cultural anchoring in the old system. This type of lock-in effect - described in the source literature, that is the effect of locking in the existing frames and systemic solutions, is a barrier to development. The practice more and more often and clearer demonstrates that in the conditions of the new economy, the tools and traditional solutions turn out to be not only ineffective, but they even increase the risk of wrong social and economic decisions, made at different institutional levels. All this proves that new development models must be searched for and implemented, to allow counteraction to dysfunctions of the contemporary economy and wasting the development potential, resulting from a variety of maladjustments generated by the crisis of civilisation. Polish authors who devote much of their work to these issues include G.W. Kołodko, Jerzy Kleer, or Maciej Bałtowski. Studies confirm that there is a need for a new pragmatism, new, proinclusive model of shaping the social and economic reality, a model which is more socially rooted, aiming at reconciling social, economic and ecological objectives, with simultaneous optimisation of the use of the social and economic potential [Kołodko, 2013; Bałtowski, 2016; Kleer, 2015]. There is more and more evidence that the barriers to economic development growing in the global economy are closely related with the rooting of the economy in social relations. The book of A. Blikle becomes a part of this trend in a new and original manner. Although the author concentrates on the analyses of social relations mainly at the level of an enterprise, at the same time, he comments them at a macroeconomic, sociological and ethical level, and interdisciplinary contexts constitute an original value of the book. Conclusion I treat the book of Andrzej Blike as an important voice in favour of shaping an inclusive social and economic system, in favour of shaping inclusive enterprises, that is oriented on an optimal absorption of knowledge, innovation and effective reconciliation of the interests of entrepreneurs with the interests of employees and the interests of society. Inclusiveness is indeed a value in itself. It is understood as a mechanism/system limiting wasting of material resources and human capital, and counteracting environmental degradation. An inclusive social and economic system is a system oriented on optimisation of the production resources and reducing the span between the actual and potential level of economic growth and social development [Reforma, 2015]. And this is the system addressed by Andrzej Blikle in his book. At least this is how I see it. Although the book is mainly concerned with business management, its message has a much wider dimension and is concerned with real measures of wealth, money and people’s lives. null

The article provides key approaches to determining the concept of enterprise efficiency. One of them is the introduction of a process approach and optimization of production business processes. The purpose of the article is the theoretical studying and comprehensive determining the business processes of the enterprise to be optimized to increase its efficiency. The methodological instrumentarium of the study were methods such as retrospective analysis, synthesis, critical analysis, generalization method. In the current economic conditions of development of enterprises there are objective reasons justifying the need to move to the application of a process approach in management. An enterprise that applies a process approach to the organization of business environment management significantly increases the efficiency of economic activity. Economic activity is perceived as a totality of business processes, which aims to implement the mission and goals of the enterprise. It is determined that business processes management is a certain system of development and implementation of managerial decisions to ensure a high level of efficiency, which is reflected in the results of the enterprise. It is proved that the optimization of business processes of the enterprise is an effective instrument for ensuring the efficiency of activities and realizing the potential of the enterprise in the current conditions of uncertainty, as well as contributing to increasing profits and productivity growth, reducing costs, improving the quality of products or services, increasing their compliance with the needs of customers and consumers. For maximum quality of business processes in the enterprise, it is necessary to use optimization methods that will allow establishing a balance between the satisfaction of consumers and competing market forces, on the one hand, and business efficiency indicators on the other. Prospect for further research in this direction is to strategize the activities of enterprises on the basis of a process approach

The article deals with the concept, content of professional and job development of the personnel of the enterprise, the features of labor activity in the modern economy, key elements and forms of professional and job development of personnel. Negative accents in the personnel management system are noted, e.g. hypertrophied forms of personnel management under the guise of its development and mixing of management techniques without taking into account the employees' mentality belonging to the culture and traditions of the region of residence. The goals of the system of management of professional and official development of personnel are considered as follows: the effective and optimal placement of the personnel of the enterprise and the realization of the personal and professional potential of employees through career growth. Setting and combining these goals allow a more comprehensive and effective approach to the management of professional and official development of personnel. An algorithm for personnel management is presented, which is introduced in successive steps: process organization, planning, motivation, control. In the development of a management strategy (movement) of the personnel of an enterprise, the key elements are used that form a closed cycle. The forms of development of managerial personnel were compiled and analyzed and recommendations were given for building a management system for professional and official development of enterprise personnel, taking into account the main condition for success: alignment of personal career goals with the goals of the enterprise. The actuality of the construction has been substantiated and the key elements of a holistic management system for the professional and job development of enterprise personnel have been described, planning of the individual development of the manager being in the center of the system.

Introduction. High efficiency of functioning of network business structures, in comparison to traditional forms of entrepreneurship organization, their adaptability and mutual interest of all participants of relations in achieving the goal, led to a great interest in the network form of entrepreneurship organization by scientists and their practical implementation. The purpose of the article is to clarify the essence of the term «network structure» based on the definition of its essential features and associative concepts from the standpoint of institutional, collaborative and coordination approaches. Results. The semantic network was constructed as the analysis result of the concept of «network structure» using the content analysis method implemented in the software product TextAnalyst that characterizes the key categories that are related to the essence of the concept of network business structure. It is determined that associative concepts of network structure are: organization, interaction, association, management structure, a form of management, coordination, cooperation, alliance, structured population, integration, corporate structure, relations, coalition. Using the content analysis three approaches to explaining the essence of the concept «network business structure» were distinguished: institutional (according to which the network structure is considered as the organizational structure of the company), collaborative approach (network structure as a system of interconnections between structural elements) and coordination approach (network structure as a form of managing peer-to-peer entities to achieve common business goals). Conclusions. Based on the integration of selected approaches to explaining the essence of the concept under the network business structure, it is proposed to understand the hybrid form of interaction of business structures that operate on the basis of quasi-integration forms of control in order to achieve a synergistic effect in the realization of common economic interests. The proposed concept, unlike the existing ones, is based on a comprehensive consideration of the stages’ peculiarities of network forms development of business activity and reflects the essential features of an institutional, collaborative, coordination approach in the functioning of business structures. Keywords: network structure, hybrid structure, management, coordination, cooperation, quasi-integration.

The paper provides a methodological and methodical study of creation of a federal risk management system in the sphere of economics at the federal level (further - FRMS) provided for in a number of normative and concept selection documents recently accepted in the Russian Federation in order to organize and a regulate the activities for ensuring economic security of the Russian Federation. The study offers an evidence-based methodological basis for the creation of the FRMS with the use of modern approaches to the analysis of complex organizational systems. The research takes a system and vital methodological approaches and is based on the theory of development, the theory of management, and risk management practices of economic entities. The study states the methodological approach to the creation and functioning of the FRMS in concordance with “The strategy of economic security of the Russian Federation until 2030”. The authors identify the main characteristics of a national risk management system which features a higher level of complexity as compared to a corporation, a variety of terms and factors of existence and development, and a wider range of challenges, threats and risks as well as objectives and thus a wider range of operational values, criteria and sustainable development and efficiency indicators. The paper provides the bases for the realization of the purposes and functions of the FRMS and details its objectives. The article describes the methodological platform of the FRMS formation. The realization of the suggested methodology requires the involvement of subject matter specialists in various areas of knowledge and design - social systems, institutional approach to social and economic management, modeling of social objects, organizational systems, information and conceptual modeling, macroeconomics, information technologies, cognitive science and expert systems. The realization of the system requires the development of a road map and standard legal support, particularly, the statutorization of tasks and functions of national and economic security provision in the local acts regulating the activity of FSRM subjects - public authorities.

Environmental impact assessment as a tool to prevent the negative impact of economic objects was initiated in response to the challenges that arose in the «nature-society-economy» system (NSES). Today, the interaction of society and nature is manifested through the economy, in particular, in construction, reconstruction, technical retrofitting, expansion, redevelopment of various economic facilities, which is inevitably accompanied by changes in parameters, qualitative and quantitative characteristics of the environment. Afterwards, it could potentially cause damage to the environment. This makes environmental safety, environmental protection, rational use and reproduction of natural resources necessary. Understanding the system as interconnected components that acquire the characteristics of the whole, as opposed to a set of components, determines the need to consider the environmental consequences of the activity from the perspective of the system, which is formed on the basis of natural resource potential. Consideration of issues related to the process of economic activity, the peculiarities of the functioning of economic facilities from the standpoint of the prospects of socio-economic development of the region, country or through the prism of economic indicators was disadvantageous. Economic indicators served as a basis for the analysis of the relationship in the «society-economy» system and were assessed at the level of meeting the needs of the population through the category of demand and efficiency of the factory that provided supply. However, the environmental aspects of the factories' activities were removed from the equation, especially in the absence of legislative regulation of the decision-making processes on economic activities that may have a significant impact on the environment, taking into account governmental, public and private interests. Systematic analysis as a category is reflected and applied in science, economics, management (when making decisions based on the fundamental concept of «system»). The founder of the general theory of systems K.L.von Bertalanffy defined a «system» as a set of interacting elements that are in a certain relationship between themselves and the external environment. The interaction between the system and the external environment is realized through input and output streams, which combine nature, society and economy (production, economics). Thus, systematic analysis in the process of environmental impact assessment is a set of methods, means of implementing a systematicatic approach in the preparation and justification of decisions on the implementation of planned activities. Today, systematic analysis most fully determines the activities of authorized government authorities. EIA department employees of regional administrations analyze project materials for compliance with the requirements of the latest environmental legislation and thus ensure compliance with the commitments of the state regarding «nature» and «society». To this end, the Law of Ukraine on EIA also provides for public participation, which can influence decision-making through comments and suggestions on planned activities. To implement a systematic approach in the NSES EIA employees of regional administrations analyze project materials from the standpoint of balance of environmental and economic interests, so only on the basis of systematic analysis decisions can be made on the introduction of planned activities that will ensure the implementation of the goal of environmental impact assessment. Economic agents are less likely to implement a systematic analysis of the planned project for many reasons. This state of affairs is the result of consideration of the project by the economic agents at the level of the «economy» component outside the NSES. The project of the planned activity pursues private economical interests which can even be in a fairway of programs of regional social and economic development of the region, but at the same time neglects balance of economic and ecological interests. The latter provides for the minimization of damage to the environment, the rational use of natural resources of the territory during the implementation of planned activities, which requires consideration of the relationship between the economy and nature in the NSES. Environmental interest also includes the need to ensure a safe environment for living and health while carrying out the activities. Key words: environmental impact assessment, planned activity, system, systematic approach, systematic analysis.

Introduction. Implementation of renewable energy resources on manufacturing enterprises is a big challenge in Ukraine. The Energy Strategy of Ukraine has an ambitious goal to reach 25% of renewable energy in national energy balance. Manufacturing enterprises play important role in realization of this strategy as far as they are the biggest consumers of energy. Obviously they need corresponding tools to implement renewable energy in the production activity. Energy controlling is a theoretical concept and practical instrument for management control in energy sector. Balanced scorecards (BSC) are controlling’s tool and can be used not only for analytical activities, but also for implementation of renewable energy strategy on manufacturing enterprise. The purpose of the paper is formation of balanced scorecard for implementation of renewable energy strategy on manufacturing enterprise. The methodology of research covers theoretical basis of energy efficient production and D. Norton & R. Kaplan’s approach to development of BSC; survey of top managers in energy sectors of industrial enterprises. Results. Energy controlling is a new direction in development of controlling concept that is often called “management control” in the English speaking research area. The paper analyzed its theoretical basis and practical experience with the focus on renewable energy. The BSC is a successful tool for effective implementation of different strategies on enterprise as well as it is often used for analytical work. The paper proposes to use BSC’s for implementation of renewable energy strategy developed both the scheme of strategic initiatives and the template of BSC to achieve the goal of improving the renewable energy efficiency in the production activities of industrial enterprises. Conclusion. Energy controlling has the potential to contribute to improving the economic efficiency of renewable energy systems. Besides, it can make them transparent, profitable and manageable. The corresponding BCS can be developed for every company that is interested in implementation of renewable energy in production activity. The BSC sets strategic goals for promoting and enhancing the efficiency of the renewable energy system and controls the progress along the roadmap towards the strategic goals.

Introduction. In today conditions of uncertainty businesses face the problem of finding tools to maintain their positions, to ensure stable, continuous, efficient activity. In achieving the efficiency of activity an important function is performed by financial support, which plays an exceptional role both in the implementation of operational activities and in the implementation of investments according to the development strategy of the enterprise. Given this, it is necessary to develop the system of mechanisms of enterprise financial resources formation on the conceptual approach providing its effective functioning. Purpose. Development of mechanisms of enterprise financial resources formation in the context of their effective functioning based on the conceptual approach, which includes principles, objectives, tasks and directly mechanisms of financial provision management of the enterprise. Method (methodology). It is used general scientific methods, in particular, the analysis and synthesis, the method of modeling, graphic method. Results. The article investigates groups of financial resources formation sources. As a result, on the basis of the conceptual approach, the system of mechanisms has been developed: the mechanism of management of own financial resources formation, the mechanism of mobilization of enterprise financial resources from borrowed sources. Because the formation approach of financial security should be balanced, with an optimal combination of own and borrowed funds, mechanisms are developed as constituent elements of the concept of improving the management of financial support of the enterprise. Its main goal is defined: ensuring effective management decisions to attract sufficient financial resources to maximize profits and increase the market value of the enterprise. The article proposes a division of internal factors of production development into three groups: factors of resource support of production, factors that ensure the desired level of economic and technical development of the company, factors that ensure the commercial efficiency of industrial and economic activity of the enterprise. The direction of further research is determined by the development of methods for assessing the effectiveness of financial support for enterprise development.

Purpose. The aim of the article is to substantiate the use of mechanism for ensuring sustainable economic development of state enterprises. Methodology of research. The theoretical and methodological basis of study is a systematic approach to knowledge of fundamental provisions of formation of information and analytical support for the sustainable economic development of state enterprises. A system of general scientific and special methods are used to achieve the intended goal, namely: methods of logical generalization and comparison – to form main provisions of organization of sustainable economic development of state enterprises; methods of analysis, synthesis and generalization – in study of functional areas for evaluating indicators and strategic scenarios; abstract and logical method – in formulating the conclusions of the study. Findings. The necessity of applying relevant principles and organizational and economic mechanisms, on basis of which indicators of economic activity are determined, is substantiated. The indicators of ensuring economic sustainable development of a state-owned enterprise are recommended to be determined in following functional areas: economic and marketing activities, finance, and personnel management. It has been established that operation of mechanism of sustainable economic development is ensured by resource potential through optimization, sound management principles, in accordance with the goals of the activity and methods of making managerial decisions, achieving rationality of economic processes. Possible management strategies to ensure sustainable economic development of state-owned enterprises are identified, taking into account possible strategic vectors that contribute to increasing efficiency of using economic potential. Based on this, strategic scenarios for ensuring sustainable economic development are proposed. Originality.The scientific novelty consists in substantiating the concept of building and using mechanism for ensuring sustainable economic development of state enterprises by defining principles in system of managerial making decision and strategic guidelines Practical value. Using proposed strategic scenarios to ensure sustainable economic development will allow to develop a model of economic development in accordance with conditions of current and strategic level of enterprise development. The effect will be ability to achieve sustainable economic development of state-owned enterprises in accordance with strategic goals based on accessible information support. Key words: sustainable economic development; management; strategy; state-owned enterprise.

Presently, finding priority areas as well as organizational and technological forms of innovation becomes crucial for the development of both high-tech and traditional sectors of the domestic economy. Solving problematic issues requires improved mechanisms of management and intensified interaction between the subjects of innovation processes, as well as the formation of such infrastructure facilities that can become vibrant hubs generating and implementing innovations and new technologies. Relying on the systemic approach, the paper aims to elaborate the theoretical and methodological principles shaping the concept of organizational and economic mechanism of creation and maintenance of technopoles. The following general and special research methods were employed: those of theoretical generalization and deduction, system-structural analysis, and system analysis. The basis for the analysis were statistical data on the state of innovation in Ukraine collected for the period 2017-2020, research on the effectiveness of organizational forms of innovation and scientific work of Ukrainian scientists on this issue. The paper discusses and outlines the essence of organizational and economic mechanism of creation and maintaining the technopolis, determines the structural elements of the mechanism from the systemic standpoint. The research uncovers positive dynamics in relation to the innovative activity of industrial enterprises and reveals a few main factors that inhibit innovative activity. It is argued that in order to improve the efficiency of technopoles and other facilities of innovation infrastructure it is vital to focus on the following priority areas: the introduction of untapped opportunities, intensification of state innovation policy, provision of additional support for regional innovations. Implementation of the developed organizational and economic mechanism of formation and development of technopoles and other facilities of innovation infrastructure can significantly improve the efficiency of their operation and raise the level of innovation.