Konferenzbeitrag

Use of coordination fields 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 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.

Language
Englisch

Bibliographic citation
Series: IAMO Forum 2010, Halle (Saale), June 16 - 18, 2010: Institutions in Transition - Challenges for New Modes of Governance

Classification
Wirtschaft
Role of Economics; Role of Economists; Market for Economists
Microeconomic Behavior: Underlying Principles
Institutions: Design, Formation, Operations, and Impact
Transactional Relationships; Contracts and Reputation; Networks
Subject
exchange
coordination
institutions
governance structure

Event
Geistige Schöpfung
(who)
Tóth, József
Event
Veröffentlichung
(who)
Leibniz Institute of Agricultural Development in Central and Eastern Europe (IAMO)
(where)
Halle (Saale)
(when)
2010

Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

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Object type

  • Konferenzbeitrag

Associated

  • Tóth, József
  • Leibniz Institute of Agricultural Development in Central and Eastern Europe (IAMO)

Time of origin

  • 2010

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