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Ensuring the economic development (ED) of enterprises necessitates the creation of a strategic program of measures for its management. This process should be grounded in a prior assessment of the influence of various factors on companies’ economic growth rates. One of these factors may be the technological renewal (TR) of companies. Therefore, this study is devoted to the development and testing of tools for a comprehensive assessment of the impact of TR on enterprises’ ED. A model of such impact has been built. A system of indicators has been developed to estimate the influence of technological changes on companies’ ED. The developed system of indicators has been tested using data from 90 industrial firms in Ukraine. The results of the empirical analysis showed, in particular, that TR significantly accelerates the economic development of companies. It was also found that there is a relationship between the level of impact of TR on the growth of enterprises’ financial results and the relative size of this growth.

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A Toolkit for Assessing the Impact of Technological Renewal on the Economic Development of Enterprises

  • 会议论文

  • 发表日期：

    2026年

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  • Yuliya Voytsekhovska,
  • Olexandr Yemelyanov,
  • Roman Miroshnyk,
  • Ihor Matviy,
  • Viktoriya Voytsekhovska

摘要

Ensuring the economic development (ED) of enterprises necessitates the creation of a strategic program of measures for its management. This process should be grounded in a prior assessment of the influence of various factors on companies’ economic growth rates. One of these factors may be the technological renewal (TR) of companies. Therefore, this study is devoted to the development and testing of tools for a comprehensive assessment of the impact of TR on enterprises’ ED. A model of such impact has been built. A system of indicators has been developed to estimate the influence of technological changes on companies’ ED. The developed system of indicators has been tested using data from 90 industrial firms in Ukraine. The results of the empirical analysis showed, in particular, that TR significantly accelerates the economic development of companies. It was also found that there is a relationship between the level of impact of TR on the growth of enterprises’ financial results and the relative size of this growth.