Publication Details
Abstract
The article analyzes the main factors affecting the increase in production efficiency in industrial sectors based on a systematic approach. In traditional economic literature, material resources, intangible assets and labor resources are indicated as factors determining the economic potential of an enterprise. However, the study proves that investing only in material resources is a narrow approach, and their actual relevance to entrepreneurial ability is demonstrated. Because the ability of an enterprise to direct its existing funds to other areas in order to make a profit, assess risks in this process and make strategic decisions directly depends on management and entrepreneurial ability. The analysis develops methods for determining the rate of return, profitability coefficients and investment potential of each directed project when assessing the results of investment activities. The inclusion of entrepreneurial ability as an additional factor in assessing the potential of an enterprise is theoretically and practically justified. Also, risk management, effective use of resources and the implementation of innovative approaches are indicated as important areas ensuring stability and competitiveness in industrial sectors. As a result, the article is devoted to the study of economic potential, which is formed by the combination of four main factors - material resources, intangible assets, labor resources, and entrepreneurial ability - in increasing production efficiency in industrial enterprises. This approach serves to develop a theoretical basis and practical recommendations for the effective development of industrial sectors in the regional economy.