Analysis of the Ukrainian instrument-making industry international competitiveness using porter’s diamond

Authors

DOI:

https://doi.org/10.15587/2312-8372.2017.109114

Keywords:

instrument-making of Ukraine, application of the Porter’s diamond, international competitiveness of instrument-making

Abstract

The article analyzes the ten-year dynamics of the export and import of instrument-making to identify the main trends in the industry. The international competitiveness of Ukraine's instrument-making has been analyzed with the use of M. Porter diamond in measurements of factor conditions (human resources, natural resources, finance, technology and infrastructure), cluster of supporting industries, domestic demand and competition in the domestic market. The method of national preferences in the industry has allowed to give full characteristics of the positive and negative factors that influence the competitiveness of the industry and identify problems and perspectives for the future development. In this study we founded that the industry is import-oriented and has problems in the areas of raw material supply, infrastructure of small towns, related industries and tough competition conditions. At the same time, there are advantages in the form of highly skilled personnel and scientific potential, as well as opportunities for attracting investment funds. The conducted research allowed to give comprehensive assess to the current state of the instrument-making industry, as well as provide a list of practical recommendations aimed to increase the competitiveness of the instrument-making in Ukraine.

Author Biography

Olena Pokras, National Technical University of Ukraine «Igor Sikorsky Kyiv Polytechnic Institute», 37, Peremohy ave., Kyiv, Ukraine, 03056

Postgraduate Student

Department of International Economics

References

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Published

2017-07-25

How to Cite

Pokras, O. (2017). Analysis of the Ukrainian instrument-making industry international competitiveness using porter’s diamond. Technology Audit and Production Reserves, 4(5(36), 31–36. https://doi.org/10.15587/2312-8372.2017.109114

Issue

Vol. 4 No. 5(36) (2017): Macroeconomics

Section

Development of Productive Forces and Regional Economy: Original Research

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Copyright (c) 2017 Olena Pokras

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