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Development Of Autopoietic Economic Structures In The Baltic States: Analysis Of Factors

Author

Listed:
  • Mangirdas Morkunas

    (Mykolas Romeris University, Lithuania)

  • Viktorija Skvarciany

    (Vinius Gediminas Technical University, Lithuania)

  • Jelena Titko

    (University of Economics and Culture, Latvia)

Abstract

Research background: Since the introduction of the concept in 1972 Autopoiesis has enjoyed great popularity among academicians representing various fields of science. However, the number of studies devoted to the investigation of factors that have an impact on the formation of autopoietic economic structures is quite limited. This paper addresses the gap in scientific research on autopoiesis of economic structures in small open markets, specifically in the Baltic States. Purpose of the article: The paper aims to identify and evaluate factors that turn on self-organization mechanisms of autopoietic economic structures in the Baltic States, in particular in Latvia. Methods: Expert survey was used to identify the most important factors affecting the for-mation of meso-economic entities in the Baltic States. The factors’ assessments provided by seven experts were analyzed. Analytic Hierarchy Process (AHP) with fuzzy numbers was employed to process the data. Two different scales of evaluation (inverse linear and balanced) were used. Findings & Value added: The factors influencing the process of formation of business groups were evaluated by experts. Research results allow for making conclusions regarding the causes of the business integration, and impact of diversified integrated business structures on the country's business system in Central Europe.

Suggested Citation

  • Mangirdas Morkunas & Viktorija Skvarciany & Jelena Titko, 2017. "Development Of Autopoietic Economic Structures In The Baltic States: Analysis Of Factors," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 12(2), pages 319-338, June.
    • Handle: RePEc:pes:ierequ:v:12:y:2017:i:2:p:319-338
    DOI: 10.24136/eq.v12i2.17
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    Citations

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    Cited by:

    1. Jurgita Kuizinaitė & Mangirdas Morkūnas & Artiom Volkov, 2023. "Assessment of the Most Appropriate Measures for Mitigation of Risks in the Agri-Food Supply Chain," Sustainability, MDPI, vol. 15(12), pages 1-18, June.
    2. Mihai-Cristian Trandafir, 2017. "A Critical Review of Autopoietic Systems in Economic Discipline," EuroEconomica, Danubius University of Galati, issue 2(36), pages 91-99, November.
    3. Mangirdas MORKUNAS & Artiom VOLKOV & Yuri BILAN & Agota Giedre RAIŠIENE, 2018. "The Role Of Government In Forming Agricultural Policy: Economic Resilience Measuring Index Exploited," REVISTA ADMINISTRATIE SI MANAGEMENT PUBLIC, Faculty of Administration and Public Management, Academy of Economic Studies, Bucharest, Romania, vol. 2018(31), pages 111-131, December.

    More about this item

    Keywords

    autopoiesis; formation of a firm; Baltic states;
    All these keywords.

    JEL classification:

    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure

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