Use of coordination spheres in food economics

The coordination plays central role in the economics. The conventional economic theory looks at the market and enterprise (or hierarchy) as two different, separated manner of coordination of economic goods and services. However the modern organization theory, price theory and institutional economics...

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Main Author: József Tóth
Format: Article
Language:English
Published: University of Debrecen 2009-09-01
Series:Apstract: Applied Studies in Agribusiness and Commerce
Subjects:
Online Access:https://ojs.lib.unideb.hu/apstract/article/view/7516
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author József Tóth
author_facet József Tóth
author_sort József Tóth
collection DOAJ
description The coordination plays central role in the economics. The conventional economic theory looks at the market and enterprise (or hierarchy) as two different, separated manner of coordination of economic goods and services. However the modern organization theory, price theory and institutional economics show that different types (not only market and enterprise, but also several types of hybrid forms) of coordination (or governance structure) necessarily live together in the current economic system. Based on my previous research on the field of regional clusters in the food industry I came to the conclusion that the cluster is one of the spheres where economic coordination can occur.At the same time I pointed out that the ways of coordination can be ordered on an ordinary scale according to its normative or positive nature. I’ve also found that the choice between the coordination spheres (market, enterprise or cluster) is not arbitrary, but instead depends on the interest’s dimension which is represented by the exchange of goods and services in question.
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spelling doaj.art-9fc6e30701884136a58d7fe2098988452022-12-21T20:55:49ZengUniversity of DebrecenApstract: Applied Studies in Agribusiness and Commerce1789-221X1789-78742009-09-0133-410.19041/APSTRACT/2009/3-4/15Use of coordination spheres in food economicsJózsef Tóth0Corvinus University of Budapest (CUB), Department of Agricultural Economics and Rural DevelopmentThe coordination plays central role in the economics. The conventional economic theory looks at the market and enterprise (or hierarchy) as two different, separated manner of coordination of economic goods and services. However the modern organization theory, price theory and institutional economics show that different types (not only market and enterprise, but also several types of hybrid forms) of coordination (or governance structure) necessarily live together in the current economic system. Based on my previous research on the field of regional clusters in the food industry I came to the conclusion that the cluster is one of the spheres where economic coordination can occur.At the same time I pointed out that the ways of coordination can be ordered on an ordinary scale according to its normative or positive nature. I’ve also found that the choice between the coordination spheres (market, enterprise or cluster) is not arbitrary, but instead depends on the interest’s dimension which is represented by the exchange of goods and services in question.https://ojs.lib.unideb.hu/apstract/article/view/7516exchangecoordinationinstitutionsgovernance structure
spellingShingle József Tóth
Use of coordination spheres in food economics
Apstract: Applied Studies in Agribusiness and Commerce
exchange
coordination
institutions
governance structure
title Use of coordination spheres in food economics
title_full Use of coordination spheres in food economics
title_fullStr Use of coordination spheres in food economics
title_full_unstemmed Use of coordination spheres in food economics
title_short Use of coordination spheres in food economics
title_sort use of coordination spheres in food economics
topic exchange
coordination
institutions
governance structure
url https://ojs.lib.unideb.hu/apstract/article/view/7516
work_keys_str_mv AT jozseftoth useofcoordinationspheresinfoodeconomics