SUSTAINABLE DEVELOPMENT AS A TARGET FUNCTION OF THE MODERN PARADIGM OF ECONOMIC GROWTH OF A TRANSPORT ENTERPRISE

Abstract

The purpose of this research is to theoretically substantiate the main issues of the modern paradigm of the economic growth of transport enterprises, aimed at the effective adaptation of their economic activities to rapidly changing environmental conditions and the consideration of sustainable development as its objective function. To achieve this aim, a number of modern general scientific methods and techniques of research were used, namely: the abstract-logical method, including the analysis and the synthesis, the induction and deduction; the generalization to review information sources, to clarify the essence of basic concepts and categories, to study the domestic and foreign experience; the system analysis in order to holistically perceive the object of study and a comprehensive analysis of the element relationships within the defined problem as a whole; the problem-oriented method for the scientific substantiation of strategic priorities and their organizational and economic aspect; the graphic method to illustrate the results. The sustainable economic development of an enterprise is determined by the economic development (influenced by the level of economic growth, qualitative changes in the subsystems of an enterprise) and the economic stability (determined by the economic equilibrium, the economic adaptation and the economic flexibility), which, in turn, is ensured by an amount of investments in innovative products and technologies, as well as the level of enterprise management. The sustainable development of transport enterprises is possible by developing and implementing a strategy of economic innovation development based on ensuring optimal rates of economic growth, at which the algorithm for modeling the level of achievable growth is used for transport enterprises. Theoretical substantiation of the main provisions of the modern paradigm of economic growth of transport enterprises aimed at effective adaptation of their economic activity to rapidly changing environmental conditions and consideration of sustainable development as its objective function. The theoretical conclusions, approaches and recommendations offered in the article can be used for development of a modern paradigm of economic growth of the transport enterprise on the basis of sustainable development.