Abstract:
In this article authors have marked out the basic characters of economic institution by way of analysis of domestic and foreign literature. These characters allow to carry the considered set of norms and rules to institution. The analysis of the economic literature has allowed to confirm importance of the account of principles of institutional designing during formation of institutions. As example of process of the organization of business trips authors showed the algorithm of separation of inside institution of the firm, and also institutions of knowledge generation and their value for firm development are considered.
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