On the question of the general and the individual in the institutional assessment of property

On the question of the general and the individual in the institutional assessment of property

DOI: 10.34130/2070-4992-2021-1-2-176

Full article (in Russian )

Kayukov V. V. – Doctor of Economics, Professor, Ukhta State Technical University, Ukhta, Russia, E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Shikhverdiev A. P. – Doctor of Economics, Professor, Head of Department of Economic Theory and Corporate Governance, Pitirim Sorokin Syktyvkar State University, Syktyvkar, Russia, E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

The issue of property, the combination of the general and the singular (individual) in its institutional assessment is one of such research, which acts as a fundamental category that causes fundamental difficulties in scientific discussions and complications in the economic sphere. Difficulties are caused by a simplified interpretation of the issue and its translation into the plane of linear characteristics and uncontested solution: either private property or public. Both sides, from the point of view of the traditional neoclassical approach, make strong arguments in defense. Meanwhile, economic experience and the development of economic theory provide rich material that contributes to the rethinking of the existing definitions, as well as the opportunity to use institutional approaches, to obtain verified and relevant conclusions about the decision being made. At the same time, the emphasis on the interpretation of property and socialization, according to the authors, is predetermined by the need to develop the real sector of the economy and use an appropriate model of industrial policy. The scientific novelty of the article lies in the continuation of the study of the institutional environment of business and the spheres of state regulation, the dialectical logic of which involves the analysis of property as the main driver ("genetic code") in the formation of centripetal tendencies, as well as rethinking the interpretation of intellectual individualism. The conclusions of the article can be used as a scientific and methodological basis for the industrial policy of the region and the country as a whole. Their practical significance is associated with the formation of the political and economic meanings of the economy of the public sector as institutional heterogeneity and the use of a priori management mechanisms.

Keywords: property, socialization, segregation, intellectual individualism, institutional approach, synthesis of heterogeneities of the institutional environment, institutional subsystems, public sector economics.

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For citation: Kayukov V. V., Shikhverdiev A. P. On the question of the general and the individual in the institutional assessment of property // Corporate Governance and Innovative Economic Development of the North: Bulletin of the Research Center of Corporate Law, Management and Venture Investment of Syktyvkar State Uni-versity. 2021. Vol. 1, issue 2. Р. 176—182. DOI: 10.34130/2070-4992-2021-1-2-176.