Marketing aspects to investment attractiveness of diversified enterprises of aviation transport and logistic clusters
Abstract
Introduction. Increased competition on the global capital market encourages companies to use marketing tools to stand out from competitors and thus have higher chances of investments attraction. The purpose of the article is to improve the theoretical and methodological foundations of regional logistics clusters formation, and to develop scientific and practical recommendations on the investment attractiveness of diversified enterprises in the aviation cluster of low-budget transportation.
Aim and tasks. The purpose of the article is to improve the theoretical and methodological foundations of regional transport and logistics clusters, and to develop scientific and practical recommendations on the investment attractiveness of diversified enterprises in the aviation cluster of low-budget transportation.
Results. Modern conditions of economic development are characterized by accelerating globalization and intensifying competition not only between companies and countries, but also between regions. The competitiveness of Ukraine consists of the competitiveness of the regions, which is formed by active development of economic entities in the respective regions. The competitiveness is characterized by support and development of clusters by consolidating the efforts of the state, business, science and education in priority areas of the regional economy. Besides private investment and commercial loans, the traditional sources of funding for the airport development programs are local budget support and loans, which are targeted at public financing of investment projects. In order to attract private (foreign) investments in airport development it is important to abide to several standards, including liberal administrative and tax policies of both local and public authorities, which encourage private investment initiative; effective antitrust policy of local authorities aimed at maintaining a healthy competitive environment.
Conclusions. In order to form the positive image of the low-budget transportation cluster as a reliable, competent and solvent borrower, it is necessary to properly position the cluster and its offer to investors. The target market segment is the zonal aviation cluster can occupy a dominant position in the market segment of integrated transport services by customizing its strategy to stand out from the existing pool of competitors.
Keywords:
investment marketing, supply chain, diversification., clusters, logistic, aviation.References
2. Lamben, J. (2000). Menedzhment, orientirovannyi na rynok: Strategicheskii i operatsionnyi marketing. Moskva: Piter.
3. Kotler, P., & Keller, K. (2020). Marketing Management. Melbourne: P. Ed Custom Books.
4. Antoshchyshyna N.I. (2009). Problems and prospects of low-cost airlines development in Ukraine. Actual problems of economics, 6, 66-72.
5. Ghavrylko T.O., & Ghavrylenko A.V. (2018). Analysis of the activities of international low-tariff aviation companies on the market of aviation transport of Ukraine. Black sea economic studies, 27, 15-19.
6. Porter, M. E. (2014). On competition. Boston. MA: Harvard Business School Publishing.
7. Porter М. (2000). Location, competition, and economic development: Local clusters in a global economy. Economic development quarterly, 14(1), 15-34. http://dx.doi.org/10.1177/089124240001400105
8. Cotton, F. A., Gliemann, G., Schmid, G., Walton, R. A., & Yersin, H. (2013). Clusters. Berlin: Springer Berlin.
9. Delgado, M., Porter, M. E., & Stern, S. (2010). Clusters and entrepreneurship. Journal of economic geography, 10(4), 495-518.
10. APPAU (2020). Next Normality & Industry 4.0. Retrieved from: https://appau.org.ua/publications/next-normality-industry-4-0-zvit-forumu/
11. State aviation administration of Ukraine (2020). Retrieved from: https://www.kmu.gov.ua/storage/app/sites/1/17-civik-2018/zvit_2019/zvit-2019-avia.pdf
12. Kiev city council (2011). Strategies for the development of the city of Kyiv until 2025. Retrieved from: https://dnipr.kyivcity.gov.ua/files/Strategy_Kyiv2025.pdf
13. Humphrey, J., & Schmitz, H. (2002). How does insertion in global value chains affect upgrading in industrial clusters?. Regional studies, 36(9), 1017-1027.
14. Sturgeon, T., Van Biesebroeck, J., & Gereffi, G. (2008). Value chains, networks and clusters: reframing the global automotive industry. Journal of economic geography, 8(3), 297-321.
15. Keeble, D., & Wilkinson, F. (1999). Collective learning and knowledge development in the evolution of regional clusters of high technology SMEs in Europe. Regional studies, 33(4), 295-303.
16. Niosi, J., & Zhegu, M. (2005). Aerospace clusters: local or global knowledge spillovers?. Industry & Innovation, 12(1), 5-29.
17. Yankovyi O., Koval V., Trokhymets O., Karpenko M., Matskevich Y. (2020). Economic assessment of investment on the basis of production functions. Turismo: Estudos &Práticas, 2.
18. Sheffi, Y. (2013). Logistics-intensive clusters: global competitiveness and regional growth. In Handbook of global logistics (pp. 463-500). Springer, New York, NY.
19. Popkova, E. G., Popova, E. V., & Sergi, B. S. (2018). Clusters and innovational networks toward sustainable growth. In Exploring the Future of Russia’s Economy and Markets. Emerald Publishing Limited.
20. Speldekamp, D., Knoben, J., & Saka-Helmhout, A. (2020). Clusters and firm-level innovation: A configurational analysis of agglomeration, network and institutional advantages in European aerospace. Research Policy, 49(3), 103921.
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
If the article is accepted for publication in the journal «Economics. Ecology. Socium» the author must sign an agreementon transfer of copyright. The agreement is sent to the postal (original) or e-mail address (scanned copy) of the journal editions.