An assessment of the network consistency of the entrepreneurial structure in the conditions of the digitalization of the economy

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Date
2022
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Journal ISSN
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Publisher
Mykolas Romeris university
Abstract
This article is dedicated to the study of network viability, the abilities of the entrepreneurial structure, and an analysis of interfirm interactions in the context of the digitalization of the economy. The key goal is to develop a network solvency model as a methodological basis for the most complete assessment of the capabilities of the entrepreneurial structure for effective interaction in an entrepreneurial network in the context of the digitalization of the economy. The theoretical basis of the model was the work of representatives of institutional economic theory, the resource approach, economic sociology, etc. The object of the study was the set of intercompany relations in the business network in the context of the digitalization of economic activity. The subject of the study is the economic relations between business structures regarding the formation and development of inter-firm relations in a network association. The logical and system methods of analysis were used alongside the methods of statistical analysis and expert assessments. The specifics of the problem of determining the factors that affect the ability of economic entities to build effective long-term intercompany interactions in the context of the development of the digital economy determined the structure of the study. It was necessary to analyze approaches to assessing intercompany interactions in a business network in order to identify a number of features and systematize the factors that affect the effectiveness of such interactions. The research algorithm included the following stages: the study of scientific research reflected in the periodical press on the trends in the development of the digital economy; the identification of factors affecting inter-company interactions in the business network in the digital economy; the formation of the authors’ vision of the network viability of economic entities in the digital economy; and the identification and evaluation of the parameters of the network viability of economic entities in the digital economy. The developed model of network consistency is based on the analysis of the space of factors from the standpoint of the relationships between three structural elements that have an indicative, connecting and affirming effect on the development of inter-company interactions in the context of digitalization of economic activity. The pointing element is formed by the resource characteristics of the participants in intercompany interactions, the connecting element is aimed at the competent management of emerging relationships, and the resulting element reflects the synergistic effects that appear as a result of strengthening the interactions of economic entities in the business network.
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Keywords
entrepreneurial networks, entrepreneurial structures, economic entities, intercompany relations, network solvency, digital economy
Citation
Khadzhynova O. An assessment of the network consistency of the entrepreneurial structure in the conditions of the digitalization of the economy / Olena Khadzhynova, Pavlo Burak, Oleksandr Kalinin // Digital technologies in the contemporary economy : collective monograph / Mykolas Romeris university, Public Security Academy; [responsible ed.: Ž. Simanavičienė]. – Kaunas, 2023. – P. 166–175.