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  6. Competitive and Sustainable Technologica ...

Journal of Security and Sustainability Issues

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Competitive and Sustainable Technological Development: Focus on Business Enterprises
Volume 6, Issue 3 (2017), pp. 491–500
Alexandr Teletov   Yeugene Nagornyi   Nataliia Letunovska   Olena Shevliuga  

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https://doi.org/10.9770/jssi.2017.6.3(13)
Pub. online: 31 March 2017      Type: Article      Open accessOpen Access

Published
31 March 2017

Abstract

The article deals with innovative and sustainable strategies and approaches to the implementation of technical and technological development at the enterprises in order to strengthen their competitive position in the market and to boost their economic security. We employ the case study of Ukraine in order to provide a practical example of enterprise development. Our paper analyzes Ukraine’s position in the global competitive environment. Moreover, we show the relationship between the technical, technological, and innovative development of enterprises and draw some conclusions from that comparisons. Based on our analysis and our empirical results, we propose several measures aimed at increasing the level of technical and technological development.

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Keywords
technological development innovative strategy enterprise development technical solution economic activity

JEL
M11 O32

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Generolo Jono Žemaičio Lietuvos karo akademija Šilo g. 5A., LT-10322 Vilnius, el.p: lka@mil.lt

General Jonas Žemaitis Military Academy of Lithuania  Šilo Str. 5A, LT-10322 Vilnius, Lithuania, e-mail: lka@mil.lt

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