Transaction aspect of creating a high technology holding under globalisation

Yanchuk Maryna B. ()
Additional contact information
Yanchuk Maryna B.: National Aviation University

The Problems of Economy, 2013, issue 4, 165_173

Abstract: The goal of the article lies in the study of the synthesis of two main concepts of development of global economic processes - technological and neo-institutional - at the methodological level. This problem acquires special urgency in the high technology sphere, where processes of integrative transformation takes place in the form of creation of powerful meta-corporations, integrated corporate structures, trans-national corporations, with the aim to reduce the level of transactional costs. Analysing, systemising and generalising scientific works of many scientists, the article considers the transactional aspect of creation of high technology holding under conditions of globalisation. In the result of the study the article carries out typology of transactional costs for science intensive and high technology companies. It marks dependence of transactional costs on selection of the institutional form of interaction of enterprises and justifies the condition of minimal value of general transactional costs in the process of integration and creation of holding structures on the basis of high technology industrial enterprises. The article offers, for the first time ever, creation of the domestic mixed aircraft construction holding with the leading company represented by the aircraft developer, which would facilitate reduction or elimination of this type of transactional costs as costs of opportunistic behaviour, which traditionally appear between the developer and serial producer due to availability of contradictions between the strategy of carrying out the business policy and production activity. The prospect of further studies in this direction at the conceptual level is a deep study of a complex dependence of transactional costs of functional, financial and structural transformations connected with the change of the volume of the integrated structure and organisational interaction of its participants on the selected mechanism and type of integration of high technology companies.

Keywords: transaction costs; integrated transformations; organisational structure; high technology holding (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.problecon.com/pdf/2013/4_0/165_173.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:idp:redpoe:y:2013:i:4:p:165_173

Access Statistics for this article

The Problems of Economy is currently edited by Kizim Nikolay A.

More articles in The Problems of Economy from RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE)
Bibliographic data for series maintained by Alexey Rystenko ().