Interpretation of the concept of «modernization» in the context of sustainable development of economic entity

Veral definitions of modernization "in general" were considered in order to develop an understanding of modernization at the level of a particular company (micro level). Modernization is a process of transforming a company into more modern condition characterized by the use of advanced tec...

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Main Authors: Yu. G. Borodin, E. I. Khabarova
Format: Article
Language:Russian
Published: MIREA - Russian Technological University 2013-04-01
Series:Тонкие химические технологии
Subjects:
Online Access:https://www.finechem-mirea.ru/jour/article/view/641
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author Yu. G. Borodin
E. I. Khabarova
author_facet Yu. G. Borodin
E. I. Khabarova
author_sort Yu. G. Borodin
collection DOAJ
description Veral definitions of modernization "in general" were considered in order to develop an understanding of modernization at the level of a particular company (micro level). Modernization is a process of transforming a company into more modern condition characterized by the use of advanced technologies and the application of good practices of labor and production, leading to increased competitiveness. Today companies are under the influence of an ever-changing environment and increasing competitive pressures. This leads to the necessity of determining the long-term prospects, or "strategic management", and to ensure competitive advantages in the future. Companies should consider modernization as a strategy of development. The situation in Russia in the last decade requires the action of the modernization of economy by modernizing its structural units – companies, according to the statements of the top officials of the country, paying attention to the complexity of the modernization and the need to involve all sectors of the economy in the process. Additionally, because the technological backwardness leads to increased negative impacts on the environment, modernization should be considered in the context of sustainable development.
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spelling doaj-art-0b3f99eb1d414ca5a14bd9fdbe0f5f852025-08-20T03:56:23ZrusMIREA - Russian Technological UniversityТонкие химические технологии2410-65932686-75752013-04-0182103107635Interpretation of the concept of «modernization» in the context of sustainable development of economic entityYu. G. Borodin0E. I. Khabarova1M.V. Lomonosov Moscow State University of Fine Chemical Technologies, 86, Vernadskogo pr., Moscow 119571M.V. Lomonosov Moscow State University of Fine Chemical Technologies, 86, Vernadskogo pr., Moscow 119571Veral definitions of modernization "in general" were considered in order to develop an understanding of modernization at the level of a particular company (micro level). Modernization is a process of transforming a company into more modern condition characterized by the use of advanced technologies and the application of good practices of labor and production, leading to increased competitiveness. Today companies are under the influence of an ever-changing environment and increasing competitive pressures. This leads to the necessity of determining the long-term prospects, or "strategic management", and to ensure competitive advantages in the future. Companies should consider modernization as a strategy of development. The situation in Russia in the last decade requires the action of the modernization of economy by modernizing its structural units – companies, according to the statements of the top officials of the country, paying attention to the complexity of the modernization and the need to involve all sectors of the economy in the process. Additionally, because the technological backwardness leads to increased negative impacts on the environment, modernization should be considered in the context of sustainable development.https://www.finechem-mirea.ru/jour/article/view/641modernization, socio-ecological-economic sustainable development of the enterprise, sustainable development
spellingShingle Yu. G. Borodin
E. I. Khabarova
Interpretation of the concept of «modernization» in the context of sustainable development of economic entity
Тонкие химические технологии
modernization, socio-ecological-economic sustainable development of the enterprise, sustainable development
title Interpretation of the concept of «modernization» in the context of sustainable development of economic entity
title_full Interpretation of the concept of «modernization» in the context of sustainable development of economic entity
title_fullStr Interpretation of the concept of «modernization» in the context of sustainable development of economic entity
title_full_unstemmed Interpretation of the concept of «modernization» in the context of sustainable development of economic entity
title_short Interpretation of the concept of «modernization» in the context of sustainable development of economic entity
title_sort interpretation of the concept of modernization in the context of sustainable development of economic entity
topic modernization, socio-ecological-economic sustainable development of the enterprise, sustainable development
url https://www.finechem-mirea.ru/jour/article/view/641
work_keys_str_mv AT yugborodin interpretationoftheconceptofmodernizationinthecontextofsustainabledevelopmentofeconomicentity
AT eikhabarova interpretationoftheconceptofmodernizationinthecontextofsustainabledevelopmentofeconomicentity