INTEGRATION OF AGRICULTURAL ENTERPRISES INTO THE INTERNATIONAL ECONOMIC SPACE UNDER CONDITIONS OF INSTITUTIONAL TURBULENCE DURING WARTIME: THEORETICAL ASPECT
DOI:
https://doi.org/10.15330/apred.2.21.38-51Keywords:
economic operators, еnterprises, іnstitutions, turbulence, international economic spaceAbstract
The article aims to reveal the theoretical aspects of integration into the international economic space under conditions of institutional turbulence. The theoretical and methodological foundations of the functioning and development of agricultural enterprises under the influence of wartime are summarized and characterized. Organizational and economic features of integration in the agricultural sector are highlighted, with an assessment of the peculiarities of implementing the international vector of this process. The essence of the concept of 'integration into the international economic space' is qualified, and fluctuations in the agro-economic system are analyzed. The motivation factors for integrating agricultural enterprises into the European Union's market system are conceptualized. The national institutional specificity of the development of integration processes among agricultural business entities is substantiated. Institutional features of integration within the framework of the modern paradigm of entrepreneurship development in the agricultural sector are determined. The roles of organizational and legal forms of business in realizing the institutional capabilities of enterprises to achieve business sustainability in domestic and foreign markets are generalized. Institutional types of integrated structures, their role, and functionality in achieving a balance of benefits and costs are characterized. Organizational and institutional characteristics of integration in the formation of an entrepreneurial ecosystem under wartime turbulence are defined. The theoretical justification for the feasibility of integrating agricultural enterprises into the international economic space is provided, highlighting institutional types to achieve an effective balance of benefits and costs and minimize the impact of wartime risks. The institutional capabilities of agricultural structures to achieve competitiveness in domestic and foreign markets are proven. Conceptual priority opportunities for integration to ensure the institutional stability of enterprises in wartime conditions are outlined.
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