Informal Economic Networks in the Services Sector

Gabdelyakhat R. Latfullin, Oleg F. Gabdrakhmanov, Elena Y. Ivanova-Yakushko and Andrey V. Nazarov

Economic Studies journal, 2020, issue 5, 156-178

Abstract: This article presents the results of a study of the organisation of informal economic networks and their role in the modern economy. The main characteristics of the network economy are discussed, and an analysis of domestic and foreign approaches to concepts that reveal the content of the informal economic network is conducted. The typologies of network structures are considered, and the classification of types of informal economic networks is presented. Models of informal networks are associated with theories and concepts of the development of economy and society. Management tools for the creation and development of informal economic networks in the services sector are defined and systematised. Disclosed and generalised approaches to the content of informal economic networks of the service sector. Key concepts are disclosed and an idea of the results of their research is given, which can be used in further developments on this scientific problem. The results of this study may be useful to specialists in the field of management and economics, dealing with problems of improving efficiency in modern conditions when studying theoretical and practical issues of management optimisation.

JEL-codes: L80 M20 M29 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:bas:econst:y:2020:i:5:p:156-178

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