scholarly journals INSTITUTIONAL CONDITIONALITY OF DEVELOPMENT OF SOVREMEN-NYH OF ECONOMIC SYSTEMS

2017 ◽  
pp. 33-42
Author(s):  
Y. V. Babayan
Keyword(s):  
Economic Activity ◽  
External Environment ◽  
Economic Systems ◽  
Economic Science ◽  
Ideal Model ◽  
Market Mechanisms ◽  
Market Structures ◽  
Modern Economic ◽  
Complete Optimization ◽  
Stimulation Of

Approaches of the institutional theory to differences between hierarchical and market mechanisms of economic interactions are researched. affirms that modern evolution leads to deleting of borders between these two forms and to their mutual interlacing. The research of the fundamental principles of organizational forms and coordination of economic activity as in each of two main forms of cooperation of economic actors - the organization (hierarchy) and the market, and between them is one of basic elements of modern economic science. With respect thereto there is a question of basic differences between them, their borders and forms of interactions. the existing universal typology not absolutely precisely reflects reality. The entities aren’t capable to perform complete optimization of transactional expenses because of complexity and the uncertainty of the environment, and also owing to limited rationality making the decision. Therefore the choice of this or that organizational “ideal model" is utopian as borders of the entities don’t give in to a limitation in connection with variety of the purposes, interdependence of actions of other economic actors as components of the external environment. The state stimulation of these or those links of economic system shall be aimed at the development not of the separate entities, but market structures in general into which they enter only as components.

scholarly journals The “Mystery” of Innovation: Bridging the Economic and Business Thinking and the Stra.Tech.Man Approach

2019 ◽  
Vol 9 (1) ◽  
pp. 236
Author(s):  
Charalambos Vlados ◽  
Fotios Katimertzopoulos
Keyword(s):  
Technology Management ◽  
Organizational Theory ◽  
Evolutionary Approach ◽  
Economic Systems ◽  
Economic Science ◽  
Organic Evolution ◽  
Physiological Structure ◽  
Modern Economic ◽  
The Way

This study examines the concept of Innovation from two different conceptual and theoretical prisms: the science of economics and the theoretical tradition of entrepreneurship and organizational theory which both offer a remarkable distance in the way in which innovation is perceived. This study supports the notion that, by pointing a theoretical focus based on a co-evolutionary approach, centered on the "evolutionary heart" of the capitalist business, modern economic science and business thinking will gain from bridging the study of the innovative phenomenon with analytical fertility. To achieve this, the physiological structure and organic evolution of Strategy-Technology-Management (Stra.Tech.Man) synthesis of business becomes the center of attention, perceiving ultimately the firm as an active actor and even as a major structural co-creator of the sectors of industries and the socio-economic systems which is hosted in.

Institutional management of Сomplex economic systems

Upravlenie ◽  
10.12737/5630 ◽  
2014 ◽  
Vol 2 (3) ◽  
pp. 5-11
Author(s):  
Толкачев ◽  
S. Tolkachev ◽  
Тепляков ◽  
A. Teplyakov
Keyword(s):  
Twentieth Century ◽  
Complex Systems ◽  
Natural Sciences ◽  
Economic Systems ◽  
Economic Science ◽  
Systems Management ◽  
Institutional Management ◽  
Modern Economic ◽  
Methodological Aspects ◽  
Management Issues

Methodological aspects of interrelation between economic science mainstream fundamentals and modern complex systems management issues are considered in this paper. It has been shown that mainstream’s ontology had been adopted in the early of the twentieth century from those natural sciences branches which studied noncomplex systems. Non-ergodic nature of modern economic world is proved. The features of the modern complex systems management are disclosed. Need of transition to institutional management of complex systems is justified.

scholarly journals ECONOMIC NETWORKS: WHAT DO WE KNOW AND WHAT DO WE NEED TO KNOW?

2009 ◽  
Vol 12 (04n05) ◽  
pp. 407-422 ◽  
Author(s):  
FRANK SCHWEITZER ◽  
GIORGIO FAGIOLO ◽  
DIDIER SORNETTE ◽  
FERNANDO VEGA-REDONDO ◽  
DOUGLAS R. WHITE
Keyword(s):  
Economic Activity ◽  
Economic Systems ◽  
Interaction Patterns ◽  
Economic Networks ◽  
Political Boundaries ◽  
Modern Economic ◽  
As Graph ◽  
Scientific Challenge ◽  
Analytical Tools ◽  
Shed Light

We examine the emergent field of economic networks and explore its ability to shed light on the global and volatile economy where credit, ownership, innovation, investment, and virtually every other economic activity is carried at a scale and scope that respects no geographical, organizational, or political boundaries. In this context, the study of economic networks and their dynamics must reflect the vast complexity of the interaction patterns and integrate it with a realistic account of the incentives and information that govern agents' behavior. The interplay of both has been shown to produce metastabilities, system crashes, and emergent structures in ways that are yet only poorly understood. Meeting this exciting scientific challenge requires a combination of time-series analysis, complexity theory, and simulation with the analytical tools that have been developed by game theory, as well as graph and matrix theories. We argue that this will help achieving a better integration of theory and data models and provide a better understanding of the potentials and risks of modern economic systems.

Macroeconomic Equilibrium Theory in the Context of Methodological Problems of Contemporary Economic Science

2008 ◽  
pp. 77-88
Author(s):  
M. Likhachev
Keyword(s):  
Empirical Analysis ◽  
Equilibrium States ◽  
Equilibrium Theory ◽  
Economic Systems ◽  
Economic Science ◽  
The Real ◽  
Theoretical Status ◽  
Methodological Problems ◽  
Real Stability

The article is devoted to the analysis of methodological problems in using the conception of macroeconomic equilibrium in contemporary economics. The author considers theoretical status and relevance of equilibrium conception and discusses different areas and limits of applicability of the equilibrium theory. Special attention is paid to different epistemological criteria for this theory taking into account both empirical analysis of the real stability of economic systems and the problem of unobservability of equilibrium states.

The principles of duality in the light of the system economic theory

2019 ◽  
pp. 127-149
Author(s):  
George B. Kleiner
Keyword(s):  
Economic Theory ◽  
Economic System ◽  
External Environment ◽  
Black Box ◽  
Space Time ◽  
Production Cycle ◽  
Economic Systems ◽  
New Approach ◽  
Reproduction Cycle ◽  
Basic Concepts

This paper shows the diversity and significance of relations of duality among different economic systems. The composition of the principles underlying the system economic theory used for the analysis of duality in the economy is investigated. The concept of the economic system is clarified and the equivalence of three basic concepts of the economic system is shown: a) as a space-time volume (“black box”); b) as a complex of elements and connections among them; c) as a tetrad, including object, project, process and environment components. In a new way, the concept of the tetrad is revealed. The actual interpretation of the interrelationships of its components, based on the mechanisms of intersystem circulation of spatial and temporal resources and the transmission of abilities from one economic system to another, is proposed. On the basis of the obtained results, the most essential aspects of duality in the theory of economic systems are considered. It is shown that the interaction of internal content and the nearest external environment of economic systems lies in the nature of the relations of duality. A new approach to modeling the structure and to functioning of the economic system, based on the description of its activities in the form of two interconnected tetrads (the first tetrad reflects the intrasystem production cycle and the second one — the external realization-reproduction cycle) is put forward. It is shown that the concept of duality in a system economy creates prerequisites for adapting the functioning of local economic systems (objects, projects, etc.) in a market, administrative and functional environments and, as a result, harmonizing the economy as a whole.

scholarly journals Stimulation of Consumer Cooperation Development in Small Forms of Fruits and Vegetables Production

TEM Journal ◽  
2020 ◽  
pp. 578-589
Author(s):  
Sergey Kalchenko ◽  
Iryna Kolokolchykova ◽  
Darya Legeza ◽  
Denys Yeremenko ◽  
Andrii Hutorov ◽  
...  
Keyword(s):  
Economic Activity ◽  
Agricultural Production ◽  
Agricultural Development ◽  
Fruits And Vegetables ◽  
Well Being ◽  
Market Transition ◽  
Cooperative Model ◽  
Farming Families ◽  
Stimulation Of

The efficiency of small gardening is considered in this paper. The importance of peasant households for the Ukrainian village is justified. The necessity measures facilitating the efficiency of family agricultural production was proved. The international practices of the functioning of peasant households were analyzed. The recommendations such as the assessment of small agricultural development were proposed. The marketability level, its share in the revenue is the important criteria. The necessity of the peasant households unions on cooperatives was proved. The servicing cooperative model was proposed. Its mission is a provision of sale of production. Amendments in the efficiency of the economic activity, in budget of the farming families were determined. The recommendations proposed enables to improve the peasants' well-being level, to influence positively on the vegetables market. Transition of peasant households to the entrepreneurial basis develop of servicing cooperation in small agricultural is presented as well.

scholarly journals ECONOMIC INSTITUTIONS - ANCHOR OR TOWBOAT FOR ECONOMY?

2016 ◽  
Vol 2016 (3) ◽  
pp. 270-276 ◽  
Author(s):  
Владимир Евенко ◽  
Vladimir Evenko ◽  
Вадим Солдатенков ◽  
Vadim Soldatenkov
Keyword(s):  
National Economy ◽  
Economic Systems ◽  
Equal Rights ◽  
State Sector ◽  
Industrial Enterprises ◽  
Social Interests ◽  
Institu Tions ◽  
Modern Economic ◽  
Advanced Development

Modern economic institutes, in particular, insti-tutes of stateprivate partnership and insolvency and their influence upon ensuring a stable qualitative de-velopment of national economy are under consideration. Institutes come out as fundamental factors of functioning economic systems in long-term and me-dium-term prospects. Market forces cannot function efficiently in inadequate and uncontrollable environ-ment inasmuch as the operation of such forces is contradictory and frequently couterproductive. Under a stateprivate partnership is understood a system of relations between a state sector (state or municipal authorities) and a private sector (business) legally and institutionally secured with the purpose of the development of socially and strategically meaningful branches of national economy to protect social interests and to increase competitiveness of industrial enterprises at the heart of which underlying principles of equal rights, rational partnership, distribution of risks and proceeds, joint operations of state and private sectors. The institution of insolvency (bankruptcy) is one of the most complicated institutions of market (mixed) economy as it combines in itself the compo-nents of cost-effectiveness and social trend. Russia must have effective economic institu-tions including those of state-private partnership and insolvency (bankruptcy) for the transition from a model of an overtaking growth to the model of advanced development.

Sign in / Sign up

Export Citation Format

Share Document