Industrial ecosystem entities business success

Abstract

The sustainable development and success of industrial regions is largely determined by the efficiency of enterprises in the territory, united in ecosystems, often around the city-forming enterprise. The study of industrial ecosystems, their evolution and the interrelations of participants will make it possible to more effectively implement the goals of sustainable development in the territory, ensure a fair distribution of income, well-being and rational environmental management. The purpose of the article is to assess the relation between the development of entities of the industrial ecosystem on the example of the industrial ecosystem of the Magnitogorsk urban district in Russia. The study used data from Rosstat and the Federal Tax Service for 2007-21. The main results of the study are as follows: five groups were identified in the industrial ecosystem (the core of the ecosystem, companies affiliated with the core, customers of the core, suppliers of the core and other beneficiaries from the work of the core and the ecosystem as a whole, “fellow travellers”). The connection between the performance of the ecosystem core and other companies turned out to be statistically significant, especially strong for revenue growth rates. Among individual ecosystem groups, affiliates and core clients experienced the greatest influence of the core, while the connection of the results of the core with suppliers and fellow travellers was weaker. The connection, taking into account the time lag of one year, turned out to be weaker than the year-to-year connection. In general, the results confirm the hypothesis of a strong connection between the stability of the core and other participants in the industrial ecosystem.