IMPROVING THE OPERATIONAL MANAGEMENT OF HIGH-TECH ENTERPRISES: A QUANTITATIVE ASSESSMENT OF VRIN-EFFECTIVENESS

Authors

  • Maria Pushkareva Ural Socio-Economic Institute (branch) of the Academy of Labor and Social Relations
  • Olga Zubkova Ural Socio-Economic Institute (branch) of the Academy of Labor and Social Relations

Keywords:

enterprise management, high-tech enterprise, quantitative methods, efficiency analysis, VRIN resources, product lifecycle

Abstract

This article demonstrates directions for improving the operational management of high-tech enterprises using an analysis based on the resource approach with the definition of VRIN-signs of resources and their common derivative – VRIN-efficiency. Using the classical concept of product development from introduction to stagnation and the VRIN approach, a method of operational management analysis of the high-tech enterprises activity was developed. This makes it possible to determine the type of operational management according to VRIN-efficiency in connection with the stages of the VRIN-results life cycle. The author's classification of types of operational management of high-tech enterprises by VRIN-effectiveness criteria is presented, and the characteristics are described in detail. The article presents the results of quantitative evaluation methods using financial statements of two high-tech enterprises: “UralResurs” and “Ural-Siberian Machine-Building Plant” for two years. On the basis of the assessment of their VRIN effectiveness, the types of operational management for each high-tech enterprise were determined.

Author Biographies

Maria Pushkareva, Ural Socio-Economic Institute (branch) of the Academy of Labor and Social Relations

Senior Lecturer of the Department of Economics

Olga Zubkova, Ural Socio-Economic Institute (branch) of the Academy of Labor and Social Relations

Associate Professor, Head of the Department of Economics

Published

2024-01-11

Issue

Section

Investment management and innovation