Published April 30, 2023 | Version v1
Journal article Open

Determining the impact of global-local transformations of property on the formation of nanoeconomics

Creators

  • 1. State Organization "Institute of the Economy and Forecasting of the National Academy of Sciences of Ukraine", Ukraine
  • 2. National Aviation University, Ukraine
  • 3. State Higher Vocational School Memorial of Prof. Stanislaw Tarnowski in Tarnobrzeg , Poland

Description

The object of research is the relationship between the processes of formation of the information-network society and the global-local transformation of property relations at the turn of the XX–XXI centuries. The problem has been identified that the limitations of theoretical approaches to explain the content and interrelation of property relations and the social meaning of high-tech development have led to an increase in general socio-economic instability. To solve the problem, the definition of the institution of property as an economic good is provided. A three-level traditional model of public management has been highlighted. It is shown that the existing triple structure of the public sector of economy should acquire a different value content. The new model in the dynamic unity of markets of pure public benefits, public goods, private goods harmonizes public interests, strengthens relations of trust. This model forms the foundations for the formation of nanoeconomics in a broad sense as the forerunner of harmonious institutional architectonics of the economy. Nanoeconomics, as part of baby economics, human economics, and economics of nanotechnology, is based on the principles of rational behavior in making economic decisions within the limits of power. In the depths of baby economics, skills and competencies are formed in handling property. The human economy ensures the proper implementation of property functions. Within the experimental part of the study, a mathematical model of multifactor regression is constructed. The model confirmed the presence of dense dependence (0.9076) of the growth of GDP per capita on the state of distribution of property rights in the national economy. The area of practical use of the results is the post-war reconstruction of Ukraine's economy through the activation of its domestic business potential.

Files

Determining the impact of global-local transformations of property on the formation of nanoeconomics.pdf

Files (783.6 kB)

Additional details

References

  • Coase, R. H. (1992). The Institutional Structure of Production. Chicago: University of Chicago Law School Chicago Unbound Law School Publications, 19. Available at: https://chicagounbound.uchicago.edu/cgi/viewcontent.cgi?article=1033&context=occasional_papers
  • Williamson, O. E. (1985). The Economic Institutions of Capitalism: Firms, Markets, Relational Contracting. Free Press. A Division of Macmillan, Inc. N.Y. Collier Macmillan Publishers London, 450.
  • Ostrom, E., Walker, J., Gardner, R. (1994). Rules, games, and common-pool resources. University of Michigan Press, 382. doi: https://doi.org/10.3998/mpub.9739
  • Deaton, A. (2013). The Great Escape: Health, Wealth, and the Origins of Inequality. Princeton: Princeton University Press, 376.
  • Donaldson, G. (1984). Managing Corporate Wealth: The Operation of a Comprehensive Financial Goals System. Praeger special studies, 198.
  • Blasi, J. R., Kruse, D. L. (1992). The New Owners: The Mass Emergence of Employee Ownership in Public Companies and What it Means to American Business. HarperCollins, 368.
  • Stiglitz, J. E. (2019). People, Power, and Profits: Progressive Capitalism for an Age of Discontent. W. W. Norton & Company, 366.
  • Fan, D., Xiao, C. (2022). Firm-specific political risk: a systematic investigation of its antecedents and implications for vertical integration and diversification strategies. International Journal of Operations & Production Management. doi: https://doi.org/10.1108/ijopm-02-2022-0094
  • Saha, S., Chowdhury, P. R., Roy, J., Wiejak-Roy, G. (2021). Institutional Imperfections and Buyer-Induced Holdout in Land Acquisition. Journal of Institutional and Theoretical Economics, 177 (3), 261. doi: https://doi.org/10.1628/jite-2021-0012
  • Ding, R., Ko, C. Y., Shen, B. (2020). Choosing a Production Joint Venture Partner. Journal of Institutional and Theoretical Economics, 176 (4), 665. doi: https://doi.org/10.1628/jite-2020-0039
  • Hirose, K., Lee, S.-H., Matsumura, T. (2020). Noncooperative and Cooperative Environmental Corporate Social Responsibility. Journal of Institutional and Theoretical Economics, 176 (3), 549. doi: https://doi.org/10.1628/jite-2020-0035
  • Mitra, M., Pal, R., Paul, A., Sharada, P. M. (2020). Equilibrium Coexistence of Public and Private Firms and the Plausibility of Price Competition. Journal of Institutional and Theoretical Economics, 176 (2), 217. doi: https://doi.org/10.1628/jite-2019-0041
  • Helpman, E. (Ed.) (1998). General Purpose Technologies and Economic Growth. Cambridge: MIT Press, 315.
  • Schulte, J. (Ed.) (2005). Nanotechnology: Global Strategies, Industry Trends and Applications. John Wiley & Sons, Ltd. doi: https://doi.org/10.1002/0470021071
  • Sargent, J. F. (2008). Nanotechnology and U.S. Competitiveness: Issues and Options. Available at: https://sgp.fas.org/crs/misc/RL34493.pdf
  • Brzezinski, Z. (2012). Strategic Vision: America and the Crisis of Global Power. Basic Books, 224.
  • Stoett, P. (2019). Global Ecopolitics: Crisis, Governance, and Justice. University of Toronto Press, Higher Education Division, 272.
  • Paul, T. V. (2023). The Specter of Deglobalization. Current History, 122 (840), 3–8. doi: https://doi.org/10.1525/curh.2023.122.840.3
  • Sagadevan, S., Shahid, M. M., Yiqiang, Z., Oh, W.-C., Soga, T., Anita Lett, J. et al. (2021). Functionalized graphene-based nanocomposites for smart optoelectronic applications. Nanotechnology Reviews, 10 (1), 605–635. doi: https://doi.org/10.1515/ntrev-2021-0043
  • Ikram, R., Mohamed Jan, B., Nagy, P. B., Szabo, T. (2023). Recycling waste sources into nanocomposites of graphene materials: Overview from an energy-focused perspective. Nanotechnology Reviews, 12 (1). doi: https://doi.org/10.1515/ntrev-2022-0512
  • Khatib, M. M. E., Ahmed*, G. (2019). Management of Artificial Intelligence Enabled Smart Wearable Devices for Early Diagnosis and Continuous Monitoring of CVDS. International Journal of Innovative Technology and Exploring Engineering, 9 (1), 1211–1215. doi: https://doi.org/10.35940/ijitee.l3108.119119
  • Glegg, B. (2011). Armageddon Science: The Science of Mass Destruction. St. Martin's Press, 304.
  • Singer, P. W. (2011). Robots at War: The New Battlefield. The Changing Character of War. Oxford: Oxford University Press, 576.
  • Domanenko, M. V., Rubanyk, V. Ye. (2002). Vlasnist i pravo vlasnosti: narysy z istoriyi, filosofiyi, teoriyi i praktyky rehuliuvannia vidnosyn vlasnosti v Ukraini. Kharkiv: Fakt, 64.
  • Ziuz', D. (2017). The genesis of the property institution and the roleof the state in transformation of property relations. Efektyvnist derzhavnoho upravlinnia, 2 (51), 102–110. Available at: https://epa.nltu.edu.ua/index.php/journal/article/view/310/305
  • Tarasevych, V. (2018). The power-property and state at the epoch of the first civilizations. Economic Theory, 1, 21–44. doi: https://doi.org/10.15407/etet2018.01.021
  • Magdenko, S. O. (2015). The relationship property as a main component of the formation of a modern market economy of Ukraine. Ekonomika kharchovoi promyslovosti, 7 (4), 3–8. doi: https://doi.org/10.15673/2312-847x.4/2015.56709
  • Khokhlov, M. P. (2013). The economic content of property in the aspect of socio-economic transformations. Economic Theory, 3, 5–15.
  • Mandybura, V. O. (2013). Systemic-informational transformation of the institution of property. Economic Theory, 2, 57–73.
  • Radchenko, Yu. A. (2011). Tangible, Converging and Intellectual Property: an Introduction to the Problem and an Attempt of Categorization. Economic Theory, 1, 21–36.
  • Maslak, M., Pererva, P. (2023). Formation of economic and legal measures for the development of the market of intellectual property objects. Eastern-European Journal of Enterprise Technologies, 1 (13 (121)), 113–124. doi: https://doi.org/10.15587/1729-4061.2023.273850
  • Shlykov, V., Vovianko, S. (2023). Influence of low magnetic fields on human cells, tissues and organs. Biomedical Engineering and Technology, 9, 30–42. doi: https://doi.org/10.20535/2617-8974.2023.9.276841
  • Popov, S. V., Lebedev, A. V. (2022). Electrodes for lung welding instrument. Biomedical Engineering and Technology, 8, 15–21. doi: https://doi.org/10.20535/2617-8974.2022.8.268826
  • Hrytsenko, A. (2003). Sumisne-rozdileni vidnosyny: pratsia, vlasnist y vlada. Ekonomika Ukrainy, 3, 50–58.
  • Grytsenko, A. A. (2022). Economic contradictions of globalization and localization and their modern manifestations. Economic Theory, 4, 5–29. doi: https://doi.org/10.15407/etet2022.04.005
  • Artemova, T. I. (2006). Stoimost' i tsena: logiko-istoricheskiy protsess formoobrazovaniya. Kyiv: Osnova, 444.
  • Gegel', G. V. (1990). Filosofiya prava. Moscow: Mysl', 103–106.
  • Wilson, E. O. (1975). Sociobiology: The New Synthesis. Cambridge, 256–257.
  • Artomova, T. (2022). Zminy vidnosyn vlasnosti pid vplyvom hlobalno-lokalnykh vyklykiv: poshuk novykh metodolohichnykh pidkhodiv. Innovatsiyni idei v ekonomichniy nautsi: poshuky vyrishennia suchasnykh problem: Materialy naukovo-praktychnoi konferentsiyi. Kyiv, 4–8. Available at: http://ekmair.ukma.edu.ua/handle/123456789/24515
  • Vsemirnyy bank. Gosudarstvo v menyayuschemsya mire. Otchet o mirovom razvitii (1997). Moscow: Praym TASS.
  • Artomova, T. (2016). Relations of social reproduction in Ukraine in the context of transformation of the models of state management. Economic Theory, 3, 5–17. doi: https://doi.org/10.15407/etet2016.03.005
  • Artomova, T. I. (2021). Value principles of the equilibrium economic development in the new global challenges. Ukrainian Society, 3 (78), 88–106. doi: https://doi.org/10.15407/socium2021.03.088
  • Arrow, K. J. (1962). The Economic Implications of Learning by Doing. The Review of Economic Studies, 29 (3), 155. doi: https://doi.org/10.2307/2295952
  • Kuznetsova, A. F. (2011). Noosfera. Noosferna (evoliutsiyna) osvita: zavdannia i pryntsypy yikh realizatsiyi. Dukhovnist osobystosti: metodolohiya, teoriya i praktyka, 5, 139–151. Available at: http://nbuv.gov.ua/UJRN/domtp_2012_5_17
  • Pechchei, A. (1985). Chelovecheskie kachestva. Moscow: Progress, 313.
  • Slovnyk inshomovnykh sliv (2000). Kyiv: Nauk. dumka, 680.
  • Alonso-Villar, O., Del Río, C. (2013). Concentration of Economic Activity: An Analytical Framework. Regional Studies, 47 (5), 756–772. doi: https://doi.org/10.1080/00343404.2011.587796
  • Beck, U., Beck-Gernshiem, E. (1996). Individualization and "precarious freedoms": perspectives and controversies of a subject-oriented sociology. Detraditionalization. Oxford: Blackwell, 23–48.