CONTEMPORARY MODELS FOR REGULATING ENTREPRENEURSHIP INSTITUTIONAL ENVIRONMENT.

Autor: Kundakchyan, Rezeda Muhtarovna, Zulfakarova, Liliya Faridovna, Vakhitova, Tina Muratovna, Gadelshina, Landysh Adgamovna, Garifova, Liliya Fuatovna
Zdroj: Turkish Online Journal of Design, Art & Communication; 2017 Special Edition, Vol. 7, p1072-1078, 7p
Abstrakt: The article explores internal and external factors of a company entrepreneurial potential development and examines the role of the company in the external environment institutional design in accordance with the G. Hofstede approach. The authors considers the institutional traps that hamper the implementation of institutional projects. The paper pays particular attention to the effect of cross-cultural factors on the design of the external environment by the company. The authors formulate and calculate the model of company performance dependence on the quality of institutional environment design. In this study, determined by the limits of institutional design and options determine the performance of projects that are determined by the composition of objects and subjects of design, degree of project conformity to design principles, economic efficiency of application of the developed Toolkit of institutional design. Identifies possible obstacles to the implementation of modern institutional projects. They are resistant ineffective rules and regulations (institutional traps). Their systematic effect leads to negative selection among competing institutions. Proposed the method of analysis the quality of the design of the institutional environment of the firm taking into account cross-cultural factors. It is based on the application of the framework structure of G. Hofstede when comparing subjective and objective measures of the environment according to the parameters of individualism/collectivism, power distance, uncertainty avoidance, quantitative indicators of life, long-term/short-term orientation. It is also proved that the efficiency of the operating activities of the firm are largely determined by the level of quality of the design of the institutional environment subject of entrepreneurship. [ABSTRACT FROM AUTHOR]
Databáze: Complementary Index