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 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.

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 moral and political economy of suicide prevention

2021 ◽  
pp. 144078332110011
Author(s):  
Scott J Fitzpatrick
Keyword(s):  
Decision Making ◽  
Political Economy ◽  
Suicide Prevention ◽  
Social Practices ◽  
Economic Systems ◽  
Moral Norms ◽  
Policy Practice ◽  
Political Relations ◽  
Norms And Values ◽  
The Way

Suicide prevention occurs within a web of social, moral, and political relations that are acknowledged, yet rarely made explicit. In this work, I analyse these interrelations using concepts of moral and political economy to demonstrate how moral norms and values interconnect with political and economic systems to inform the way suicide prevention is structured, legitimated, and enacted. Suicide prevention is replete with ideologies of individualism, risk, and economic rationalism that translate into a specific set of social practices. These bring a number of ethical, procedural, and distributive considerations to the fore. Closer attention to these issues is needed to reflect the moral and political contexts in which decision-making about suicide prevention occurs, and the implications of these decisions for policy, practice, and for those whose lives they impact.

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.

Theory of institutional and economic disfunctions in the Russian school: Retrospective and prospective views

2021 ◽  
Vol 16 (1) ◽  
pp. 19-38
Author(s):  
Oleg Sergeevich Sukharev ◽  
Keyword(s):  
Economic Systems ◽  
Economic Science ◽  
Modern Theory ◽  
Institutional Effects ◽  
Institutional Economic ◽  
Functional Potential ◽  
Management Recommendations ◽  
Lock In ◽  
Institutional Efficiency

The article challenges the stereotype which underestimates the accomplishments of the national scientists which generate and develop the current institutional and economic dysfunction theory and provide the pragmatic opportunities for the dysfunction theory. The research aims to consider the contribution of the modern Russian institutional economic school into generating and developing the institutional effects theory with the focus on its tool segment - the theory of economic and institutional dysfunctions. Methodologically, the article is based on the economic theory of institutions, provisions of the modern theory of institutional effects, including the institution dysfunctions, management theories for the economic systems of different complexity levels, as well as the comparative analysis, elements of mathematical modeling, and solutions of the differential equations. Tool capabilities of the dysfunction theory are illustrated for the developing of management recommendations, a measurement device is created to identify a dysfunction and to apply it in order to access the quality of the institutions and economic systems, the possibilities for applying the dysfunctions in the institutional modeling are defined. To do this, a function equation for the financial support of the institution is obtained to examine the connections between the institution monetization, the quality of their functions and their dysfunctions. The differences between the lock-in and dysfunction effects which characterize their connections with the categories, including stability, efficiency/inefficiency, institutions’ quality, are specified, and a dysfunction is defined as a dynamically changing condition, while lock-in can be static. The article points out the key prospective developments of the institutional and economic dysfunction theories: 1) better tools for measuring the dysfunctions; 2) evaluation of the institutional efficiency and functional potential of the institutions, as well as the quality of the institutions and economic systems; 3) dysfunction modeling, including at the level of its connection with the macroeconomic parameters. Further research into the Russian institutional school of the economic science is seen in the development of the dysfunction theory and its methodological tools for its application to analyze different socio-economic phenomena.

Sign in / Sign up

Export Citation Format

Share Document