Neo-Schumpeterian Knowledge Funnel and Foresight Project Development in the System of Establishing Stability of the Competitive Advantages of Enterprises

  • Mihail Nikolaevich DUDIN Russian Academy of Entrepreneurship
  • Ekaterina Nikolaevna SEPIASHVILI Moscow State University of Technology and Management them. KG. Razumovsky
  • Olga Olegovna SMIRNOVA The Council for the Study of Productive Forces under Ministry of Economic Development of the Russian Federation and the Russian Academy of Sciences (SOPS)
  • Еvgenia Еvgenevna FROLOVA Far Eastern Federal University
  • Natalia Andreevna VOYKOVA Far Eastern Federal University

Abstract

This article aims at presentation of contemporary approaches to ensuring the competitiveness of enterprises in the conditions of turbulent change and against the background of the increasing influence of the knowledge (cognitive) factors. The key task of the present article is to develop the concept of ensuring the enterprise competitiveness through the use of Neo-Schumpeterian Knowledge Funnel and foresight project development of the future of the enterprises, taking into account global unchanging sociopolitical, economic and technological trends. During the presentation of the work, the following conclusions were obtained:
 Ability of enterprises to compete in the market depends on a number of factors and conditions; the unique (hardly copyable or uncopyable) competitive advantages / core competencies play a major role in ensuring the competitiveness of enterprises. The accumulation of the knowledge capacity of the enterprise development promotes their innovative activity, i.e. ability to create and offer high-tech products (goods, works, services) to the market;
 Competitive potential of enterprises based on knowledge is implemented due to the use of a funnel of emerging opportunities – the neo-Schumpeterian funnel. This funnel allows converting the potential growth and development gained by the firm into sustainable economic benefits that are unavailable to competitors. The constant increase in economic benefits for enterprises through innovation activity and intensive use of knowledge can be seen as a Schumpeterian rent;
 Planning of the competitive and sustainable development of enterprises determined by the use of cognitive resources and the growth of innovative activity is advisable to base on foresight technology (technology of foresight project development).triple helix model (universities-state-business).In relation to the banking sector, adaptation of the triple helix model means reforming the tripartite institutional interaction by replacement of the real sector with the banking sector, and the public sector – with central bank and the macroprudential oversight bodies.

References

[1] Akaev, A.A. 2010. Schumpeter-Kondratiev theory of innovative cyclical economic growth as a basis for the strategic management of sustainable development. Moscow: MGU.
[2] Baranenko, S.P., Dudin, M.N., Ljasnikov, N.V. and Busygin, К.D. 2014. Using environmental approach to innovation-oriented development of industrial enterprises. American journal of applied sciences, Vol. 11, 2:189-194.
[3] Belyaeva, N.V. 2014. Analysis of Rogers theory of innovations diffusion in the section of the life cycle of luxury goods and the perception of the price of these goods. Historical, social and educational thought, 3(25): 171-176.
[4] Cuhls, К. Foresight with Delphi Surveys in Japan. Technology Analysis and Strategic Management, Vol. 13, 4, 555-569.
[5] Daheim, С. and Uerz, G. 2008. Corporate foresight in Europe: from trend based logics to open foresight. Technology Analysis and Strategic Management, Vol. 20, 3: 321-336.
[6] Dudin, M.N. and Frolova, E.E. 2015. The Balanced Scorecard as a basis for strategic company management in the context of the world economy transformation. Asian Social Science, Vol.1, 3: 282-288.
[7] Freeman, C. 1987. The Economics of Industrial Innovation. London: Pinter.
[8] Giddens, A. 1992. Stratification and class structure. Sociological Studies, 9 (11): 112-123 (107-120).
[9] Gide, C. and Rist, C. 1918. A History of Economic Doctrines. Moscow: Liberty.
[10] Hirooka, M. 2006. Innovation Dynamism and Economic Growth. A Nonlinear Perspective. Chettenham, UK Northampton, MA, USA, ‘Edward Elgar’.
[11] Jantsch, E. 1970. Technological Forecasting in Perspective. Moscow: Publishing house ‘Progress’.
[12] Komkov, N.I. 2014. Innovative development in Russia and the organization of science. Bulletin of the Russian Academy of Sciences, 2: 40.
[13] Komkov, N.I. 2014. Perspectives and conditions for the restoration of potential of the reproductive cycle. MID (Modernization. Innovation. Development.), 1(17): 31.
[14] Kong, C. and Stevens, G.R. 2011. Devising a Neo-Schumpeterian Knowledge Funnel for Understanding Innovation in Product and Process. Proceedings of the 1st International Scientific-Practical Conference: Schumpeterian readings (pp. 12-18). Perm: Publishing house of the Perm State Technical University.
[15] Korotaev, A.V., Komarova, N.L. and Halturina, D.A. 2007. The laws of history. Secular cycles and millennial trends. Demography, economics, wars. Moscow: Editorial URSS.
[16] Kulapina, G.M. and Kulapina, E.V. 2011. Business knowledge in the paradigm of innovation management of regional economy. Economy and Management: New Challenges and Perspectives, 2(T1): 177-179.
[17] Kuzyk, B.N., Kushlin, V.I. and Yakovets, Yu.V. 2008. Forecasting, strategic planning and national programming (pp. 514). Moscow: Publishing house ‘Economy’.
[18] Nonaka, I. and Takeuchi, H. 1995. The knowledge creating company. New York: Oxford University Press.
[19] Petrova, Yu.O. 2012. Innovative leadership. Almanac of modern science and education, 10: 148-150.
[20] Sadovnichy, V.A., Akaev, A.A., Korotaev, A.V. and Malkov, S.Yu. 2012. Modeling and forecasting of global dynamics. Moscow: ISPI RAS.
[21] Schumpeter, J. 1982. The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle (Avtonomov V.S. et al, Trans., pp. 414). Moscow: Science.
[22] Simaguti, M. 2006. The era of systemic innovation. In search of a new marketing paradigm. Moscow: The secret of the firm.
Published
2016-11-24
How to Cite
DUDIN, Mihail Nikolaevich et al. Neo-Schumpeterian Knowledge Funnel and Foresight Project Development in the System of Establishing Stability of the Competitive Advantages of Enterprises. Journal of Advanced Research in Law and Economics, [S.l.], v. 6, n. 1, p. 42-52, nov. 2016. ISSN 2068-696X. Available at: <https://journals.aserspublishing.eu/jarle/article/view/432>. Date accessed: 14 apr. 2024.
Section
Journal of Advanced Research in Law and Economics

Keywords

Neo-Schumpeterian Knowledge Funnel; competitive advantage; sustainable development