THE ROLE AND IMPORTANCE OF THE MULTIFACTOR DEVELOPMENT MODEL IN THE ECONOMIC DEVELOPMENT OF THE INDUSTRIAL SECTOR
DOI:
https://doi.org/10.5281/zenodo.21241044Keywords:
industry, model, industrial sector, multifactor development, industrial enterprises, industrial potential, efficiency of industrial enterprises, economic development, industrial production.Abstract
This article examines the role and significance of the multifactor development model in ensuring
the economic development of the industrial sector. It explores the sequence of measures required to achieve
this objective and analyzes the mechanisms applied by foreign countries to support this process. Furthermore,
the study assesses opportunities for improving the economic efficiency of industrial enterprises through
the sustainable development of the industrial sector. Based on an analysis of international experience, the
article proposes recommendations for enhancing the effectiveness of organizing and managing the economic
development of the national industrial sector.
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