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1 | The present article focuses on cultural context of institutional economy and its' changes in terms of eco¬nomic theory. | 971 | ||||
2 | This article deals with the summary of neoclassical and institutional approaches to the nature of integrated business groups. The theory of synergetic mergers is supplemented by contractual approach to firm and groups of companies. | 988 | ||||
3 | The article analyzes the change in the sphere of financial-industrial groups in the transition period and the period of structural transformation of the Russian economy. Integrated business groups are considered as probable participants of high-tech and infrastructural projects of national importance | 1015 | ||||
4 | The paper analyzes the two main approaches to the phenomenon of systems diversity: diversity as defect that must be eliminated by specialization and diversity as a merit, providing systems’ sustainability and flexibility. The size of single-purpose systems is constrained by market size only, a broad specialization objectively prevents the system from being small. It is shown that for any system organizing diversity in networks is more preferred strategy than strict implementing of comparative advantages within the hierarchies. Keywords: comparative advantages, networks, hierarchies, firms, diversification | 956 |