Navigating the Competitive Landscape: A Comprehensive Model to Evaluate Competitiveness for Enterprises in Electromechanical Systems Engineerings

The competitiveness of enterprises in the electromechanical systems engineering sector plays a crucial role in driving economic growth and innovation. This study aims to design a comprehensive index for evaluating enterprise competitiveness, focusing on operational efficiency, strategic positioning, and the international environment. Employing an exploratory factor analysis, data was collected through a questionnaire administered to 280 enterprises in Moscow, Russia. The proposed index allows for a dynamic assessment of competitiveness, enabling the analysis of key indicators over time and predicting changes in competitiveness. The findings reveal critical factors contributing to competitiveness in the sector, enabling decision-makers to formulate strategies for improving their competitive position. This research provides valuable insights for policymakers, industry practitioners, and academic researchers in enhancing the competitiveness of electromechanical systems engineering enterprises and fostering sustainable economic development. The study’s contributions to the literature and its practical relevance make it a valuable resource for academic and industry audiences alike.

Authors

Publication Details

Journal
Brazilian Business Review
Published
2025-01-01
DOI
https://doi.org/10.15728/bbr.2023.1674.en
Citations
1
Primary Topic
Technology Assessment and Management
Type
article
Field-Weighted Citation Impact
1.30
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article

Navigating the Competitive Landscape: A Comprehensive Model to Evaluate Competitiveness for Enterprises in Electromechanical Systems Engineerings

Honglue Wang, Elena Korshunova, Abdallah D. A. Amer, Wesam Al Saady
1 citations
Brazilian Business Review
Technology Assessment and Management
1.30
article

Navigating the Competitive Landscape: A Comprehensive Model to Evaluate Competitiveness for Enterprises in Electromechanical Systems Engineerings

Honglue Wang, Elena Korshunova, Abdallah D. A. Amer, Wesam Al Saady
article en
1 citations

Abstract

The competitiveness of enterprises in the electromechanical systems engineering sector plays a crucial role in driving economic growth and innovation. This study aims to design a comprehensive index for evaluating enterprise competitiveness, focusing on operational efficiency, strategic positioning, and the international environment. Employing an exploratory factor analysis, data was collected through a questionnaire administered to 280 enterprises in Moscow, Russia. The proposed index allows for a dynamic assessment of competitiveness, enabling the analysis of key indicators over time and predicting changes in competitiveness. The findings reveal critical factors contributing to competitiveness in the sector, enabling decision-makers to formulate strategies for improving their competitive position. This research provides valuable insights for policymakers, industry practitioners, and academic researchers in enhancing the competitiveness of electromechanical systems engineering enterprises and fostering sustainable economic development. The study’s contributions to the literature and its practical relevance make it a valuable resource for academic and industry audiences alike.

Brazilian Business ReviewVol. 22
Industry, innovation and infrastructure
Openalex Percentile: Top 25%
Technology Assessment and Management
1.30
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