Identification of Competitiveness Reserves in Industrial Firms Arising from Industry 5.0 Cover Image

Определяне на резерви за фирмената конкурентоспособност произтичащи от Индустрия 5.0
Identification of Competitiveness Reserves in Industrial Firms Arising from Industry 5.0

Author(s): Vyara Milusheva
Subject(s): Social Sciences, Economy, Business Economy / Management, Sociology, Methodology and research technology, Management and complex organizations, ICT Information and Communications Technologies
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: Industry 5.0; firm competitiveness; reserves
Summary/Abstract: In the context of accelerating scientific and technological progress, industrial enterprises face the growing need to identify new sources of competitive advantage. From this perspective, the reserves for enhancing firm competitiveness can no longer be confined to traditional dimensions; instead, they must incorporate the interaction between humans, intelligent technologies, and sustainable business models. This paper aims to present an updated approach for assessing competitiveness reserves that reflects the contemporary challenges posed by Industry 5.0. The underlying thesis is that the proposed approach serves as a valuable tool for practitioners. Its applicability has been validated through implementation in industrial enterprises, demonstrating its effectiveness in supporting the development of corporate strategies aimed at sustainably strengthening competitive positions.

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