IMPERATIVES FOR SUSTAINABLE DEVELOPMENT OF INDUSTRIAL ENTERPRISES OF RAILWAY TRANSPORT TO ENHANCE THEIR ECONOMIC BEHAVIOR MANAGEMENT IN THE CONTEXT OF NEOINDUSTRIAL MODERNIZATION

Abstract

The research findings have revealed that in modern realia, most of industrial enterprises of railway transport are facing a phase of stagnation through a range of factors, the most essential of them are: low investment level, lack of sustainable economic growth trends as well as ineffective resource allocation. It is argued that to address the above issues and boost scientific, technological and socioeconomic growth, there is a critical need to build a methodological framework for assessing factors and possibilities of overcoming stagnation and transitioning to sustainable development by implementing intensification of economic behavior management in the context of neoindustrial modernization. The imperative for sustainable scientific, technological and socioeconomic development of industrial enterprises of railway transport offers new challenges and triggers a design of a new conceptual framework to select strategic development trajectories and identify critical factors for long-term crisis recovery – all that supports the relevance of the research. To attain the goals set, the study has identified measures to address the issues of sustainable scientific, technological and socioeconomic development of industrial enterprises of railway transport along with considering the stages in the process of achieving the research agenda. The findings also explore the stages of the sustainable development concept for railway transport enterprises and present economic models of sustainable development of industrial enterprises of railway transport to intensify enterprise economic behavior management in the context of neoindustrial modernization.