Brusnikin K.N., Piskun E.I. Assessment of Stability Level of Functioning and Development of Business Entities Within the System of Industrial Parks

Konstantin N. Brusnikin

State Scientific Center of the Russian Federation, I.P. Bardin Central Research Institute of Ferrous Metallurgy, Moscow, Russian Federation

Elena I. Piskun

Sevastopol State University, Sevastopol, Russian Federation

Abstract. The need to study the development of business entities in the context of individual categories of industrial parks is connected with different concepts of their development and territorial expansion. The suggested methodological approach to assessment of sustainability level of the business firms functioning in the system of industrial parks includes the following main stages: grouping of industrial parks and the selection of representatives of the groups; rating assessment of stability level of firms functioning in the system of industrial parks; grouping of businesses by the level of sustainability. The technique was tested on data from 150 industrial parks. The results of the implementation of the suggested approach show that more vulnerable positions are typical of businesses operating as part of industrial parks as “greenfield” companies. At the same time, the highest proportion of businesses with a low stability level is typical of developing parks, which indicates the need to expand the range of incentives for these businesses. The most stable cluster of entrepreneurs is business entities of developing parks such as “brownfield” companies. Entrepreneurs operating within developed parks as “brownfield” firms are characterized by a satisfactory level of sustainability. The proportion of entrepreneurial structures with a low stability level remains quite high, which indicates the need to adapt the development strategy of business entities in the system of such structures. The results obtained made it possible to identify the most vulnerable groups to risks, business entities and can be used to form a strategy for their sustainable development in the system of industrial parks.

Key words: entrepreneurial structure, industrial park, types of industrial parks, sustainable operation, development, assessment, rating (complex) assessment, methods of multivariate analysis

Citation. Brusnikin K.N., Piskun E.I., 2021. Assessment of Stability Level of Functioning and Development of Business Entities Within the System of Industrial Parks. Regionalnaya ekonomika. Yug Rossii [Regional Economy. South of Russia], vol. 9, no. 4, pp. 155-165. (in Russian). DOI: https://doi.org/10.15688/re.volsu.2021.4.15

Attachments:  /eng/contacts/4_Brusnikin, Piskun.pmd.pdf