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International Conference Project “The future of the Global Financial System: Downfall of Harmony”

ISC 2018: The Future of the Global Financial System: Downfall or Harmony pp 451–460Cite as

Structural Modeling of the Institution of Russian Entrepreneurship in the Spirit of “Old” Institutionalism

Part of the Lecture Notes in Networks and Systems book series (LNNS,volume 57)

Abstract

Entrepreneurship plays an important role in the modern global economy, increasing the share of production of the enterprises of small and medium enterprises in gross domestic product and exports not only developed but also developing countries. Innovation processes cover all sectors of the economy, and more and more of the population is involved in entrepreneurial activity that promotes the penetration of entrepreneurial thinking and values of entrepreneurship in all spheres of socio-economic life of society. Institute of entrepreneurship plays an increasingly prominent role in the institutional environment of socio-economic systems. It actualizes the problem of studies of the relationship of entrepreneurship with the institutions of law, culture, management. Institutional Economics has sufficient capacity heuristic, methodological and theoretical research tools to study this problem. In particular, the structural modeling of the “old” institutionalism covers, in the author’s opinion, the diversity of interrelationships institute of entrepreneurship and other components of the institutional and economic environment.

The article studies the essence and reveals the structure of entrepreneurship in Russia, built the structural model (pattern model). The author has deepened and expanded knowledge about the institute of entrepreneurship in Russia main stages of its formation, development, place and role in the institutional system as a whole and the factors of the dynamics based on the methodology of institutional economic theory. The author builds a structural model (pattern model) of entrepreneurship specific to the Russian institutional environment in which the disclosed communication institute of entrepreneurship with management institutions, cultural and religious institutions, legal institutions and whole society. The work fills gaps in domestic and foreign economic science, due to the lack of structural modeling (pattern modeling) of institute of entrepreneurship.

Keywords

  • Institute of entrepreneurship
  • Institutional environment
  • Structural modeling
  • Structural model
  • Values of entrepreneurship
  • Motives and incentives of entrepreneurial activities

JEL Code

  • B4
  • B5
  • Z1

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Authors and Affiliations

  1. Institute of Economics and Finance of the State University of Management, Financial University under the Government of the Russian Federation, Moscow, Russia

    Svetlana L. Sazonova

Authors
  1. Svetlana L. Sazonova
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Correspondence to Svetlana L. Sazonova .

Editor information

Editors and Affiliations

  1. Institute of Scientific Communications, Volgograd, Russia

    Prof. Dr. Elena G. Popkova

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Sazonova, S.L. (2019). Structural Modeling of the Institution of Russian Entrepreneurship in the Spirit of “Old” Institutionalism. In: Popkova, E. (eds) The Future of the Global Financial System: Downfall or Harmony. ISC 2018. Lecture Notes in Networks and Systems, vol 57. Springer, Cham. https://doi.org/10.1007/978-3-030-00102-5_48

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