Institutional Environment of State Regulation of Business in the Conditions of the Closed Cycle Transformation of the National Economy

Vdovenko Natalia (), Shaposhnykova Iryna (), Krylov Denys (), Pereguda Yuliia (), Adamenko Sergii () and Shut Serhii ()
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Vdovenko Natalia: Dr. Sc. Prof., National University of Life and Environmental Sciences of Ukraine, Heroiv Oborony str. 11, Kyiv, Ukraine
Shaposhnykova Iryna: Dr. Sc. Prof., Kherson State University, Shevchenka str. 14, Ivano-Frankivsk, Ukraine
Krylov Denys: Dr. Assoc. Prof., Zaporizhzhia National University, Zhukovsky str. 66, Zaporizhzhia, Ukraine
Pereguda Yuliia: PhD, Assoc. Prof., National University of Life and Environmental Sciences of Ukraine, Heroiv Oborony str. 11, Kyiv, Ukraine
Adamenko Sergii: PhD, Doctoral Student, Classical Private University, Zhukovsky str. 70 B, Zaporizhzhia, Ukraine
Shut Serhii: PhD, Doctoral Student, Classical Private University, Zhukovsky str. 70 B, Zaporizhzhia, Ukraine

Management Theory and Studies for Rural Business and Infrastructure Development, 2024, vol. 46, issue 2, 183-189

Abstract: The article examines the problems of forming the institutional environment of state regulation of business in the conditions of the closed cycle transformationof the national economy and suggests ways to solve them. Institutional environment of state regulation of business in Ukraine in the context of the closed cycle economy was analyzed and the experience of foreign countries in implementing the principles of the circular economy was studied. The foreign experience in the field of circular economy development is analyzed, which proves the dependence of effectiveness on the quality component of the institutional environment. It is proposed to form a mechanism for state regulation of business in the conditions of the national economy transformation in the direction of innovative development and activation of the implementation of “closed cycle” projects. The main components of the mentioned mechanism are defined and the prospects for its implementation are outlined.

Keywords: state regulation; institutional environment; national economy; circular economy; closed cycle economy; mechanism; entrepreneurship; business (search for similar items in EconPapers)
JEL-codes: H83 L26 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:mtrbid:v:46:y:2024:i:2:p:183-189:n:1007

DOI: 10.15544/mts.2024.19

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