ECONOMIC MECHANISMS FOR IMPROVING PRODUCTION EFFICIENCY IN INDUSTRIAL ENTERPRISES
DOI:
https://doi.org/10.5281/zenodo.20138667Keywords:
production efficiency, industrial enterprise, labor productivity, multifactor productivity, economic mechanism, energy efficiency, innovation, digital transformation, investment, competitiveness.Abstract
This article analyzes the main economic mechanisms for improving production efficiency in industrial
enterprises. In modern industry, efficiency is determined not only by the acquisition of new equipment or an increase
in production volumes, but also by labor productivity, multifactor productivity, energy efficiency, management quality,
digital transformation, innovation renewal, and human capital development. Recent materials published by the OECD
and UNIDO indicate that productivity growth depends on both the incentives and capabilities of firms and employees,
while industry remains an important driver of long-term economic growth. The article substantiates technological
modernization, organizational and managerial practices, human capital, energy and resource efficiency, innovation, and
investment incentives as interconnected economic mechanisms.
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