Dynamic Abilities of Cooperative Formations as a Basis for Balanced Sustainable Development of their Participants in Strategic Perspective

Modern industrial and economic entities and the totality of their connections are gradually transforming into ecosystem forms of interaction, which collective network competencies give them the ability to continuously update. One of the ways to achieve sustainable growth in the strategic perspective is the priority of transforming industrial and socioeconomic processes based on innovation. Attempts to develop individual participants and supporting elements of such complex systems autonomously, point-by-point, without taking into account coordinating and balancing the interests, capabilities and limitations of each of them slow down the achievement of the strategic orientations of individual participants, the priorities of the association and negatively affect their sustainability. Based on the analysis of approaches and tools to ensure the profitability of innovative activities and long-term sustainable competitive advantages in accordance with modern concepts of the category of resources and ecosystem approach, as well as the changing role of human capital in ensuring production and economic activity, the role and place of dynamic abilities in the context of complex socioeconomic and industrial systems modernization are determined in the article, need for coherence and balance in development of their participants in the aspect of providing industrial enterprises with one of the critically important resources – human resources, for the sustainable development of both themselves and the benefits of other participants and the system as a whole in a strategic perspective is determined. The article highlights the key provisions of the concept of “Industry 4.0” and focuses on the importance of human interaction and technology, openness of information and intellectualization of algorithms. Digital technologies have significantly accelerated all structural changes in recent years and cover an increasing number of subjects, phenomena and processes. There is also a decrease in the predictability of these changes and an increase in the “price of error”, which determines the urgent need to choose approaches and, based on them, form methodological and practical management tools for modern industrial and economic entities that not only take these changes into account “at the moment”, but are also able to adaptively and flexibly restructure, while maintaining a strategic focus on the mission, focusing on the basic general rules and targets. The characteristics of dynamic abilities and key competencies concepts in relation to a cooperative group are also presented. They should be the basis for the transformation of engineering education in response to the challenges faced by modern industrial enterprises.