Please use this identifier to cite or link to this item: https://evnuir.vnu.edu.ua/handle/123456789/24141
Title: Economic transformation of the competitive potential of the tourism industry subjects: methodological concept
Authors: Ierko, Iryna
Demianchuk, Olena
Golub, Gennadii
Pohrebskyi, Taras
Gazuda, Sergij
Vashchuk, Liudmyla
Affiliation: Candidate of Geographical Sciences, Associate Professor of the Department of Tourism and Hospitality, Lesya Ukrainka Volyn National University, Lutsk, Ukraine;
PhD in Physical Education and Sports, Associate Professor of the Department of Theory of Physical Education and Recreation, Lesya Ukrainka Volyn National University, Lutsk, Ukraine
Candidate of Geographical Sciences, Associate Professor of the Department of Economic and Social Geography, Lesya Ukrainka Volyn National University, Lutsk, Ukraine
Candidate of Geographical Sciences, Associate Professor, Head of the Department of Economic and Social Geography, Lesya Ukrainka Volyn National University, Lutsk, Ukraine
Candidate of Economy Sciences, Associate Professor of the Department of Economic Theory, Uzhhorod National University, Uzhhorod, Ukraine
Candidate of Pedagogical Sciences, Associate Professor of the Department of Fitness and Endurance Sports, Lesya Ukrainka Volyn National University, Lutsk, Ukraine;
Bibliographic description (Ukraine): Ierko I., Demianchuk O., Golub G., Pohrebskyi T., Gazuda S., Vashchuk L. (2023). Economic transformation of the competitive potential of the tourism industry subjects: methodological concept. Financial and Credit Activity Problems of Theory and Practice, 6(53), 363–375. https://doi.org/10.55643/fcaptp.6.53.2023.4245
Journal/Collection: Financial and credit activity: problems of theory and practice
Issue: 53
Volume: 6
Issue Date: 6-Nov-2023
Date of entry: 20-May-2024
Country (code): UA
ORCID Id: https://orcid.org/0000-0002-5395-7557
https://orcid.org/0000-0002-9418-6285
https://orcid.org/0000-0003-3548-6998
https://orcid.org/0000-0002-2290-134X
https://orcid.org/0000-0002-3030-1440
DOI: 10.55643/fcaptp.6.53.2023.4245
JEL: H80
L10
L83
O10
Н11
Keywords: tourism
tourism industry
tourism industry entities
economic transformation
competitive potential
Page range: 363-375
Abstract: The article considers the methodological concept of economic transformation of the competitive potential of the tourism industry subjects and characterizes the elements of it. The focus is on the stages (phases) of economic transformation of the competitive potential of the tourism industry. The study reveals consistent and regular changes in its development, from turbulence to transformation. Transformation is a long-term process that brings drastic qualitative and quantitative changes to the economy. The principles that govern the economic transformation of the competitive potential of the tourism industry subjects include objectivity, historicism, systematicity, consumer value, reproduction, and smart specialization. The basis of the economic transformational process is a modification of the criteria for evaluating the competitive advantages of the subjects, namely the sustainability, safety, and competitive advantages. Approaches to developing a tourism subject's competitive potential in the post-war period in Ukraine are analyzed. They determine the interdependencies of economic transformation processes, the dynamics of their course, and evolutionary changes (transformation cycle). The economic transformation tools are identified. They depend on transformational changes and require well-considered means and management measures when changing the old model into a new one, which influences the rapidness of changes. The model involves a scheme for evaluating the economic transformational processes using three main criteria of assessment: sustainability, safety, and the competitive advantages of the tourism industry subject. The article presents several scenarios for implementing the model of economic transformation of the competitive potential of the tourism industry entity, describing them as inertial, pessimistic, optimistic, and realistic. Depending on the scenario, a differentiated approach to a mechanism and the corresponding institutional infrastructure for economic transformation of the competitive potential of tourism industry entities are developed. The research findings indicate that the highlighted methodological concept can ensure a high level of development of competitive potential for tourism industry entities.
URI: https://evnuir.vnu.edu.ua/handle/123456789/24141
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Content type: Article
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