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Behavior of the Enterprise in the Models of the Theory of the Firm. Part 2

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  • George B. Kleiner
  • Vasily F. Presnyakov
  • Venera A. Karpinskaya

Abstract

In this article, the firm was mainly considered as a production facility, in connection with which a brief analysis of the fundamental theories of the firm, reflecting the influence of intra-production factors on the behavior of the enterprise, was given. Approaches related to agent-based modeling, variants of neoclassical theory, J. Forrester’s theory of industrial dynamics were disclosed. In this material, theories of the firm focusing on accounting for the influence of managerial and institutional factors on the firm’s behavior are analyzed. Theories of the firm as a subject of management and institutional theories of the firm are considered. Brief characteristics of the theory of agency relations, behavioral theory of the firm, the X-efficiency theory, organizational and evolutionary theories are given. The primary task of this study is to develop a compact system of indicators that characterize the firm and make it possible to systematize the known and potential theory of the firm. The systematization form is a matrix reflecting the behavior of the firm on the one hand, as a socioeconomic system from the point of view of its internal filling, boundaries in the socio-economic space, place in the national economic technological complex; on the other hand, as an industrial object, a subject of management, a social institution. A system of coordinates in the space of the theories of the firm, allowing to determine the place of each theory in this space, to justify their natural grouping and to outline promising directions for creating new and integrating well-known developments in the field of theory of the firm is proposed.

Suggested Citation

  • George B. Kleiner & Vasily F. Presnyakov & Venera A. Karpinskaya, 2018. "Behavior of the Enterprise in the Models of the Theory of the Firm. Part 2," Economics of Contemporary Russia, Regional Public Organization for Assistance to the Development of Institutions of the Department of Economics of the Russian Academy of Sciences, issue 3.
  • Handle: RePEc:ack:journl:y:2018:id:288
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