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| | ISSUES OF ECONOMIC THEORY. MACROECONOMICS | |
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Pyzhev I.S.
Assistant Professor, Chair of Economic Theory, Institute of Economics, Regulation, and Environmental Management, Siberian Federal University (Novosibirsk)
Tuf D.M.
PhD student, Institute of Economics, Regulation, and Environmental Management, Siberian Federal University (Novosibirsk)
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| | The article analyzes research approaches to the issue of effectiveness and result-producing capacity of a firm, discusses possibilities and advantages of the institutional approach to the problem, and evaluates the capacity of the notion of “institutional capital” in the context of effectiveness. | | | Key words: effectiveness, result-producing capacity, institutional theory of a firm, institutional capital, routines | |
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