Actual problems of innovative economy and law

Journal "Actual problems of innovative economy and law" is included in category B for specialties: in the field of knowledge "Management and administration": 073, 076 (order of the Ministry of Education and Science of Ukraine dated 23.08.2023 No. 1035) and 071, 072, 075 (order of the Ministry of Education and Science of Ukraine dated 12.20.2023 No. 1543); in the field of knowledge "Social and behavioral sciences" 051 (order of the Ministry of Education and Science of Ukraine dated August 23, 2023 No. 1035); in the field of knowledge "Law" - 081 and "Public management and administration" - 281 (order of the Ministry of Education and Science of Ukraine dated 12.20.2023 No. 1543).
Registration of an entity in print media: Decision of the National Council of Ukraine on Television and Radio Broadcasting No. 1390 dated 11/16/2023. Media identifier: R30-02018
The journal is indexed in the International Scientific Center of Index Copernicus International

The strategy of increasing competitiveness as a factor of influence on ensuring the economic security of the organization

УДК: 334:658

DOI: https://doi.org/10.36887/2524-0455-2023-4-5

Власенко Тетяна Анатоліївна,
доктор економічних наук, професор, завідувач кафедри економіки підприємства та організації бізнесу,
Харківський національний економічний університет імені Семена Кузнеця,
https://orcid.org/0000-0002-9515-2423
Степаненко Сергій Віталійович,
кандидат економічних наук, доцент, доцент кафедри економічної кібернетики та управління економічною безпекою,
Харківський національний університет радіоелектроніки,
https://orcid.org/0000-0002-6132-328X
Помогалова Наталія Валеріївна,
асистент кафедри економічної кібернетики та управління економічною безпекою,
Харківський національний університет радіоелектроніки,
https://orcid.org/0009-0000-2251-4342


The article considers the requirements for the provision of modern competitive services and determines the direct impact of competitiveness on the economic security of the organization. Ensuring economic security within the framework of increasing competitiveness requires adjustment for optimal functioning and development of investment capacity, that is, a system of diagnostics and analysis, response to actual and potential changes in the external and internal environment, ensuring a stable level of competitiveness. Each enterprise faces various risks and threats throughout its life cycle, which negatively affect economic security within the framework of increasing the effectiveness of competitiveness. The enterprise’s competitiveness is the key to profitability, survival, and adaptation to various challenges, risks, and threats, which requires adaptation to the dynamism and demandingness of consumers regarding products and services. Increasing the competitiveness of a business entity in the conditions of an unstable external environment is relevant. Therefore, a general approach to developing a strategy for increasing competitiveness is considered, where stability and customer orientation are defined as significant competitive advantages. The implementation of this strategy will contribute to the further strengthening of the organization’s economic security. Customer orientation is a critical competence in achieving sustainable development of the enterprise. Implementing such a strategy ensures a constant strengthening of economic security, improvement of image and reputation, expansion of the client base, and increased competitiveness. The article aims to define and substantiate the directions and priorities of Ukraine’s post-war economic development. The development strategy’s elements are proposed, considering external and internal factors of competitiveness. The importance of finding innovative approaches to managing subjects of economic relations in post-war conditions is proven. The priorities of achieving sustainable functioning of the economy based on a closed production cycle and achieving sustainable development goals have been determined. The client-oriented strategy that considers globalization challenges focuses on overcoming structural disparities and develops innovative projects within the domestic resource base is competitive. The study results have value in the post-war reconstruction of Ukraine’s economy.

Keywords: competitiveness, economic security, clients, risks, post-war development, strategy for increasing competitiveness, agricultural sector.

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The article was received 05.11.2023


Quote article, APA style

Vlasenko T. , Stepanenko S. , Pomohalova N. 05.11.2023. The strategy of increasing competitiveness as a factor of influence on ensuring the economic security of the organization. Actual problems of innovative economy and law. 2023. №4. 29-38 pp. https://doi.org/10.36887/2524-0455-2023-4-5

Quote article, MLA style

Vlasenko T. , Stepanenko S. , Pomohalova N. The strategy of increasing competitiveness as a factor of influence on ensuring the economic security of the organization. Actual problems of innovative economy and law. 05.11.2023. https://doi.org/10.36887/2524-0455-2023-4-5