Conceptual provision of institutional transformations in the coal industry of Ukraine
Journal: Strategy and mechanisms of regulation of industrial development (Vol.7, No. 7)Publication Date: 2015-12-01
Authors : Venzheha R.V.;
Page : 185-203
Keywords : institutional changes; transaction costs; restructuring; privatization; reform; employment; investment attraction; innovation and venture business industrial park;
Abstract
Institutional changes are researched as an important component of institutional economics. Current status and problems of the coal industry reforming in Ukraine are considered, also predictable scenarios of transaction costs reducing in industry. Objective and subjective factors of slowdown in industry developing are identified. Institutional mechanism for effective cooperation between the public sector, academic and branch institutes, intermediary companies, businesses is given. Conceptual provisions of institutional transformations in the coal industry in the medium term are formed.
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