LONG-WAVE DYNAMICS IN THE CONTEXT OF THE DEVELOPMENT OF INSTITUTIONAL ECONOMIC THEORY

The subject of the study is the long-wave dynamics due to the impact of scientific and technological progress and examined from the standpoint of institutional economics. The goal of the paper is identification of the features of the long-wave dynamics phases from the standpoint of technological, in...

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Autor principal:	B. A. Yerznkyan
Formato:	article
Lenguaje:	RU
Publicado:	Publishing House of the State University of Management 2020
Materias:	long-wave dynamics institutional economics governance structure transaction contract ecosystem Sociology (General) HM401-1281 Economics as a science HB71-74
Acceso en línea:	https://doaj.org/article/dba7b00c166143df9a8aba6be9cd5fc0
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spelling	oai:doaj.org-article:dba7b00c166143df9a8aba6be9cd5fc02021-12-03T07:43:31ZLONG-WAVE DYNAMICS IN THE CONTEXT OF THE DEVELOPMENT OF INSTITUTIONAL ECONOMIC THEORY1816-42772686-841510.26425/1816-4277-2020-2-120-125https://doaj.org/article/dba7b00c166143df9a8aba6be9cd5fc02020-04-01T00:00:00Zhttps://vestnik.guu.ru/jour/article/view/2084https://doaj.org/toc/1816-4277https://doaj.org/toc/2686-8415The subject of the study is the long-wave dynamics due to the impact of scientific and technological progress and examined from the standpoint of institutional economics. The goal of the paper is identification of the features of the long-wave dynamics phases from the standpoint of technological, institutional and world-wide structures. Analytical and logical methods of institutional analysis have been used. The need of correcting the long-wave dynamics notions, caused as by objective changes of economic development as well as by the evolving nature of institutional theory has been identified. The results can be used by executive power authorities relating to strategic management of the development and connecting with the design of social and economic institutions that support self-organization and sustainable functioning of ecosystems. It has been proved that the development of economic systems depends on the relevant selection of technological, institutional and world-wide economic structures and ways of managing them. It has been shown that intra-firm transactions are based on the implicit ternary contracts, market with the mediators on the explicit ternary contracts, market without mediators on the explicit binary contracts, and the network transactions in ecosystems are based on the implicit binary contracts.B. A. YerznkyanPublishing House of the State University of Managementarticlelong-wave dynamicsinstitutional economicsgovernance structuretransactioncontractecosystemSociology (General)HM401-1281Economics as a scienceHB71-74RUВестник университета, Vol 0, Iss 2, Pp 120-125 (2020)
institution	DOAJ
collection	DOAJ
language	RU
topic	long-wave dynamics institutional economics governance structure transaction contract ecosystem Sociology (General) HM401-1281 Economics as a science HB71-74
spellingShingle	long-wave dynamics institutional economics governance structure transaction contract ecosystem Sociology (General) HM401-1281 Economics as a science HB71-74 B. A. Yerznkyan LONG-WAVE DYNAMICS IN THE CONTEXT OF THE DEVELOPMENT OF INSTITUTIONAL ECONOMIC THEORY
description	The subject of the study is the long-wave dynamics due to the impact of scientific and technological progress and examined from the standpoint of institutional economics. The goal of the paper is identification of the features of the long-wave dynamics phases from the standpoint of technological, institutional and world-wide structures. Analytical and logical methods of institutional analysis have been used. The need of correcting the long-wave dynamics notions, caused as by objective changes of economic development as well as by the evolving nature of institutional theory has been identified. The results can be used by executive power authorities relating to strategic management of the development and connecting with the design of social and economic institutions that support self-organization and sustainable functioning of ecosystems. It has been proved that the development of economic systems depends on the relevant selection of technological, institutional and world-wide economic structures and ways of managing them. It has been shown that intra-firm transactions are based on the implicit ternary contracts, market with the mediators on the explicit ternary contracts, market without mediators on the explicit binary contracts, and the network transactions in ecosystems are based on the implicit binary contracts.
format	article
author	B. A. Yerznkyan
author_facet	B. A. Yerznkyan
author_sort	B. A. Yerznkyan
title	LONG-WAVE DYNAMICS IN THE CONTEXT OF THE DEVELOPMENT OF INSTITUTIONAL ECONOMIC THEORY
title_short	LONG-WAVE DYNAMICS IN THE CONTEXT OF THE DEVELOPMENT OF INSTITUTIONAL ECONOMIC THEORY
title_full	LONG-WAVE DYNAMICS IN THE CONTEXT OF THE DEVELOPMENT OF INSTITUTIONAL ECONOMIC THEORY
title_fullStr	LONG-WAVE DYNAMICS IN THE CONTEXT OF THE DEVELOPMENT OF INSTITUTIONAL ECONOMIC THEORY
title_full_unstemmed	LONG-WAVE DYNAMICS IN THE CONTEXT OF THE DEVELOPMENT OF INSTITUTIONAL ECONOMIC THEORY
title_sort	long-wave dynamics in the context of the development of institutional economic theory
publisher	Publishing House of the State University of Management
publishDate	2020
url	https://doaj.org/article/dba7b00c166143df9a8aba6be9cd5fc0
work_keys_str_mv	AT bayerznkyan longwavedynamicsinthecontextofthedevelopmentofinstitutionaleconomictheory
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LONG-WAVE DYNAMICS IN THE CONTEXT OF THE DEVELOPMENT OF INSTITUTIONAL ECONOMIC THEORY

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