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Institutional Environment Evaluation of Economic Network Transformations in terms of Knowledge Formation

Mykhaylo VoynarenkoORCID

Анотація

Globalization of economic relations is closely connected with the degree of publicity increase in social and economic systems and initiation of objective needs in the degree of information increase concerning character of institutional transformation. Formation of permanent competitive advantages related to an organization as a subject of a global economic network, determines necessity to take into consideration all possible action varieties of every participant in market transactions involved in the process of institutional transformations. On one side, the character of these transformations should take into consideration specific conditions of territorial development and should not limit the estimation of available resource potential. On the other side, it’s necessary to help every participant save and increase his own competitive positions and provide further appearance on the national and world market 1 . Transformation of knowledge into main competitive advantage and basis of an entity’s innovative development testifies appearance of a new management object. This management object is knowledge management and economy formation which is based on one. Elaboration of economy in terms of knowledge theoretical basis and study of its system-making characteristics becomes the most important research in modern economic sciences. Practical importance of economic knowledge formation determines necessity of its parameters measuring, viewed as connection with competitive and innovative development.

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