Open AccessFormation Features of Institutional Space of Economic Agents in Trade in the conditions of Digital Transformation
Author(s) -
Irina Vasilievna Kapustina,
Tatiana Pereverzeva,
Т. В. Степанова,
Grigoriy Chargazia
Publication year - 2020
Publication title -
iop conference series. materials science and engineering
Language(s) - English
Resource type - Journals
eISSN - 1757-899X
pISSN - 1757-8981
DOI - 10.1088/1757-899x/940/1/012063
Subject(s) - space (punctuation) , process (computing) , element (criminal law) , transformation (genetics) , economic system , business , key (lock) , institutional economics , industrial organization , economics , political science , computer science , neoclassical economics , biochemistry , chemistry , gene , operating system , computer security , law
The article considers the formation features of institutional space for economic agents in trade industry in the conditions of digital transformation. This paper examines the features that are manifested in structural shifts in interaction, interrelation, interpenetration of various types of formal and informal institutions; institutions aimed at consumer’s decision-making; institutions that determine the success of a trade business. The role of institutional environment as a key element of institutional space is demonstrated in the paper. The authors analyze main stages of institutional space formation in the process of development of institutional trade policy, which to a large extent determine the effectiveness and prospects for the development of economic entities in trade industry.