Technological Determinants of Economic Efficiency in the Food Manufacturing Industry: An Applied Analysis Cover Image

Technological Determinants of Economic Efficiency in the Food Manufacturing Industry: An Applied Analysis
Technological Determinants of Economic Efficiency in the Food Manufacturing Industry: An Applied Analysis

Author(s): Oleksandr BOZHOK, Andrian Ulinici, Inna Miniailenko, Maksym SYNYAVSKYY, Lilia BUBLYK
Subject(s): Economy, National Economy, Business Economy / Management
Published by: RITHA Publishing
Keywords: economic efficiency; food manufacturing; total factor productivity; technological innovation; industry 4.0; transaction costs;

Summary/Abstract: This paper examines the impact of innovative technologies on the economic efficiency of food manufacturing enterprises under conditions of market volatility and sustainability pressures. Addressing the lack of empirical evidence in existing literature, the research develops an integrated framework combining technological clustering and econometric modelling.Based on a dataset of 20 technologies (2020–2025), the study estimates β-coefficients for key performance indicators, including return on investment (ROI), cost efficiency, and productivity. The results confirm a strong and statistically significant relationship between technological adoption and economic performance (R² = 0.713). Digital technologies, particularly Machine Vision, Big Data analytics, and Smart Packaging, demonstrate the highest aggregated impact.The findings indicate that optimized technology portfolios can increase ROI by 19–26%, reduce unit costs by up to 18%, and improve labour productivity by approximately 25%. The study contributes a quantitative, multi-criteria framework linking technological innovation with economic efficiency and supporting strategic investment decision-making.

  • Issue Year: XXI/2026
  • Issue No: 2(92)
  • Page Range: 613-633
  • Page Count: 21
  • Language: English
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