Integration of Enterprises into Value Chains as a Factor in Modernizing Machine Building

The article explores the role of integrating Ukrainian machine building enterprises into value chains (VCs) as a decisive factor in their modernization and enhancing global competitiveness. The authors outline the theoretical foundations of VCs functioning and identify their impact on technological development, innovation activities, and the transformation of enterprise production and management models. The study systematizes the key integration barriers, including technological and infrastructural backwardness, investment shortages, personnel imbalances, and limited compliance with international standards. The study also analyzes current scientific approaches to studying integration processes in global production networks and highlights underdeveloped areas, including the assessment of management transformations, institutional support, and the risks associated with technological dependence. Based on logical-theoretical, systemic, structural-functional, and comparative analysis, the mechanisms and conditions under which integration into GVCs can accelerate the modernization of Ukrainian machine building have been identified. The practical significance of the study lies in formulating recommendations to enhance enterprise participation in global production networks: developing cluster structures, digitalization, improving logistics infrastructure, expanding innovation cooperation, and shifting to strategic planning focused on high-tech segments with high added value. The proposed approaches can be applied in the government industrial development policies, corporate strategies, and industrial modernization programs. Furthermore, the article emphasizes that integration into GVCs not only provides economic benefits for machine building enterprises but also introduces new requirements for production organization, quality management, and building partnership relations. The article shows that participation in global networks promotes the acceleration of technological upgrading, the development of engineering competencies, the enhancement of standardization levels, and the transition to «smart production» models. Special attention is given to the development of domestic value chains as a foundation for increasing localization, resilience, and the capacity of enterprises to act as full-fledged participants in international production systems.