IDEAS home Printed from https://ideas.repec.org/a/ura/ecregj/v1y2018i1p13-28.html
   My bibliography  Save this article

Econotronics

Author

Listed:
  • Yevgeniy Popov

Abstract

For the economic description of the social driving forces in modern society at the regional level, the author offers his concept of econotronics. It is considered as a section of social sciences, which is focused on the dynamics of the development of economic institutions of interaction between actors and society in the digital economy. The initial data used for the research are the investigations of foreign scientists and the author’s findings. The subject matter of the research is the forces driving the development of the public sector of the economy. The purpose of this study is to develop the principles and ideas of institutional modeling of the processes of public goods production in the framework of the author’s conception of econotronics. It is shown that the successful development of modern public goods is determined by network interactions between economic agents of the public sector. Institutional simulation of the production of local public goods should be based on the matrix of the current state in the coordinates of the «dynamics of the number of consumers — the dynamics of financing.» The rapid development of modern social projects depends on the application of advanced economic tools such as social innovation, crowdfunding, fundraising, etc. The development of social entrepreneurship is provided by formal and informal economic institutions adopted in the society. Creation of social innovations begins with the idea of potential innovators of how to solve a social problem, then moves to the development of a socially innovative project and concludes by the approbation of the project by the society. The establishment of the institutional atlas determines the role and place of social innovation projects in addressing market failures in social services. Economic efficiency of the implementation of a social project depends on the implementation of the commercial and public benefits. This efficiency can be determined within the matrix of the performance evaluation of social innovations. The obtained results give the opportunity for a comprehensive institutional modeling of the public sector in modern conditions to predict the further development of its driving forces.

Suggested Citation

  • Yevgeniy Popov, 2018. "Econotronics," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(1), pages 13-28.
    • Handle: RePEc:ura:ecregj:v:1:y:2018:i:1:p:13-28
    as

    Download full text from publisher

    File URL: http://economyofregion.ru/Data/Issues/ER2018/March_2018/ERMarch2018_13_28.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Monique Florenzano, 2010. "Government and the provision of public goods:from equilibrium models to mechanismdesign," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 17(4), pages 1047-1077.
    2. David Booth, 2011. "Aid, Institutions and Governance: What Have We Learned?," Development Policy Review, Overseas Development Institute, vol. 29, pages 5-26, January.
    3. Ajay Agrawal & Christian Catalini & Avi Goldfarb, 2015. "Crowdfunding: Geography, Social Networks, and the Timing of Investment Decisions," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 24(2), pages 253-274, June.
    4. Johanna Mair & Ignasi Marti, 2006. "Social Entrepreneurship Research: A Source of Explanation, Prediction, and Delight," Post-Print hal-02311880, HAL.
    5. Cajaiba-Santana, Giovany, 2014. "Social innovation: Moving the field forward. A conceptual framework," Technological Forecasting and Social Change, Elsevier, vol. 82(C), pages 42-51.
    6. Stephen Knowles & P. Dorian Owen, 2010. "Which Institutions are Good for Your Health? The Deep Determinants of Comparative Cross-country Health Status," Journal of Development Studies, Taylor & Francis Journals, vol. 46(4), pages 701-723.
    7. Marcel Fafchamps, 2006. "Development and social capital," Journal of Development Studies, Taylor & Francis Journals, vol. 42(7), pages 1180-1198.
    8. Yujiro Hayami, 2009. "Social Capital, Human Capital and the Community Mechanism: Toward a Conceptual Framework for Economists," Journal of Development Studies, Taylor & Francis Journals, vol. 45(1), pages 96-123.
    9. Andreas Novy & Bernhard Leubolt, 2005. "Participatory Budgeting in Porto Alegre: Social Innovation and the Dialectical Relationship of State and Civil Society," Urban Studies, Urban Studies Journal Limited, vol. 42(11), pages 2023-2036, October.
    10. Daniel Oto-Peralías & Diego Romero-Ávila, 2013. "Tracing the Link between Government Size and Growth: The Role of Public Sector Quality," Kyklos, Wiley Blackwell, vol. 66(2), pages 229-255, May.
    11. Mair, Johanna & Martí, Ignasi, 2006. "Social entrepreneurship research: A source of explanation, prediction, and delight," Journal of World Business, Elsevier, vol. 41(1), pages 36-44, February.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bhatt, Punita & Ahmad, Ali J. & Roomi, Muhammad Azam, 2016. "Social innovation with open source software: User engagement and development challenges in India," Technovation, Elsevier, vol. 52, pages 28-39.
    2. Lichy, Jessica & Dutot, Vincent & Kachour, Maher, 2022. "When technology leads social business: Food truck innovation," Technological Forecasting and Social Change, Elsevier, vol. 181(C).
    3. Weerawardena, Jay & Salunke, Sandeep & Haigh, Nardia & Sullivan Mort, Gillian, 2021. "Business model innovation in social purpose organizations: Conceptualizing dual social-economic value creation," Journal of Business Research, Elsevier, vol. 125(C), pages 762-771.
    4. Wenyuan Li & Mohammed Abubakari Sadick & Abdul-Aziz Ibn Musah & Salisu Mustapha, 2018. "The Moderating Effect of Social Innovation in Perspectives of Shared Value Creation in the Educational Sector of Ghana," Sustainability, MDPI, vol. 10(11), pages 1-26, November.
    5. Gali, Nazha & Niemand, Thomas & Shaw, Eleanor & Hughes, Mathew & Kraus, Sascha & Brem, Alexander, 2020. "Social entrepreneurship orientation and company success: The mediating role of social performance," Technological Forecasting and Social Change, Elsevier, vol. 160(C).
    6. Yevgeny V. POPOV, 2018. "Economic Sociotronics of the 21st Century," Upravlenets, Ural State University of Economics, vol. 9(2), pages 2-5, April.
    7. Tânia Martins & Alexandra Braga & Vítor Braga & Marisa R. Ferreira, 2020. "The social innovation Momentum: a qualitative analysis of governance and funding processes," International Review on Public and Nonprofit Marketing, Springer;International Association of Public and Non-Profit Marketing, vol. 17(1), pages 97-120, March.
    8. Giuseppina Maria Cardella & Brizeida Raquel Hernández-Sánchez & Alcides Almeida Monteiro & José Carlos Sánchez-García, 2021. "Social Entrepreneurship Research: Intellectual Structures and Future Perspectives," Sustainability, MDPI, vol. 13(14), pages 1-21, July.
    9. John Hagedoorn & Helen Haugh & Paul Robson & Kate Sugar, 2023. "Social innovation, goal orientation, and openness: insights from social enterprise hybrids," Small Business Economics, Springer, vol. 60(1), pages 173-198, January.
    10. Canestrino, Rossella & Ćwiklicki, Marek & Magliocca, Pierpaolo & Pawełek, Barbara, 2020. "Understanding social entrepreneurship: A cultural perspective in business research," Journal of Business Research, Elsevier, vol. 110(C), pages 132-143.
    11. Nosheena Yasir & Nasir Mahmood & Hafiz Shakir Mehmood & Osama Rashid & An Liren, 2021. "The Integrated Role of Personal Values and Theory of Planned Behavior to Form a Sustainable Entrepreneurial Intention," Sustainability, MDPI, vol. 13(16), pages 1-21, August.
    12. Hau-Lin Tam & Edward Asamoah & Angus Yuk-Fung Chan, 2021. "Developing Social Entrepreneurship as an Intervention to Enhance Disadvantaged Young People’s Sense of Self-Worth and Career Competence in Hong Kong," Applied Research in Quality of Life, Springer;International Society for Quality-of-Life Studies, vol. 16(6), pages 2497-2526, December.
    13. Reeti Kulshrestha & Arunaditya Sahay & Subhanjan Sengupta, 2022. "Constituents and Drivers of Mission Engagement for Social Enterprise Sustainability: A Systematic Review," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 31(1), pages 90-120, March.
    14. Päivi Jokela & Maria Elo, 2015. "Developing Innovative Business Models in Social Ventures," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 11(1), pages 103-118.
    15. Ankita Tandon & Unnikrishnan K. Nair, 2015. "Enactment of knowledge brokering: Agents, roles, processes and the impact of immersion," Working papers 183, Indian Institute of Management Kozhikode.
    16. Luis Galindo-Pérez-de-Azpillaga & Concepción Foronda-Robles & Ana García-López, 2014. "The Value of Trust: An Analysis of Social Capital in Natural Areas," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 118(2), pages 673-694, September.
    17. Barbara Bradač Hojnik & Katja Crnogaj, 2020. "Social Impact, Innovations, and Market Activity of Social Enterprises: Comparison of European Countries," Sustainability, MDPI, vol. 12(5), pages 1-15, March.
    18. Inmaculada Buendía-Martínez & Inmaculada Carrasco Monteagudo, 2020. "The Role of CSR on Social Entrepreneurship: An International Analysis," Sustainability, MDPI, vol. 12(17), pages 1-22, August.
    19. Takeshi Aida, 2019. "Social capital as an instrument for common pool resource management: a case study of irrigation management in Sri Lanka," Oxford Economic Papers, Oxford University Press, vol. 71(4), pages 952-978.
    20. Petra Dickel & Monika Sienknecht & Jacob Hörisch, 2021. "The early bird catches the worm: an empirical analysis of imprinting in social entrepreneurship," Journal of Business Economics, Springer, vol. 91(2), pages 127-150, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ura:ecregj:v:1:y:2018:i:1:p:13-28. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alexey Naydenov (email available below). General contact details of provider: http://www.economyofregion.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.