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<p>The article examines the problems of forming the institutional environment of state regulation of business in the conditions of the closed cycle transformationof the national economy and suggests ways to solve them. Institutional environment of state regulation of business in Ukraine in the context of the closed cycle economy was analyzed and the experience of foreign countries in implementing the principles of the circular economy was studied. The foreign experience in the field of circular economy development is analyzed, which proves the dependence of effectiveness on the quality component of the institutional environment. It is proposed to form a mechanism for state regulation of business in the conditions of the national economy transformation in the direction of innovative development and activation of the implementation of “closed cycle” projects. The main components of the mentioned mechanism are defined and the prospects for its implementation are outlined.</p>
</abstract>

The article examines the problems of forming the institutional environment of state regulation of business in the conditions of the closed cycle transformationof the national economy and suggests ways to solve them. Institutional environment of state regulation of business in Ukraine in the context of the closed cycle economy was analyzed and the experience of foreign countries in implementing the principles of the circular economy was studied. The foreign experience in the field of circular economy development is analyzed, which proves the dependence of effectiveness on the quality component of the institutional environment. It is proposed to form a mechanism for state regulation of business in the conditions of the national economy transformation in the direction of innovative development and activation of the implementation of “closed cycle” projects. The main components of the mentioned mechanism are defined and the prospects for its implementation are outlined.

Institutional Environment of State Regulation of Business in the Conditions of the Closed Cycle Transformation of the National Economy

Dr. Sc. Prof., National University of Life and Environmental Sciences of Ukraine

Dr. Assoc. Prof., Zaporizhzhia National University

PhD, Assoc. Prof., National University of Life and Environmental Sciences of Ukraine

PhD, Doctoral Student, Classical Private University

Management Theory and Studies for Rural Business and Infrastructure Development

This work is licensed under the Creative Commons Attribution-NonCommercial 4.0 International License.

The article examines the problems of forming the institutional environment of state regulation of business in the conditions of the closed cycle...

Institutional Environment of State Regulation of Business in the Conditions of the Closed Cycle Transformation of the National Economy

Online veröffentlicht: 10. Juli 2024

Seitenbereich: 183 - 189

Eingereicht: 05. Apr. 2024

Akzeptiert: 14. Apr. 2024

DOI: https://doi.org/10.15544/mts.2024.19

Schlüsselwörter
state regulation, institutional environment, national economy, circular economy, closed cycle economy, mechanism, entrepreneurship, business

© 2024 Natalia Vdovenko et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial 4.0 International License.

Institutional Environment of State Regulation of Business in the Conditions of the Closed Cycle Transformation of the National Economy

Online veröffentlicht: 10. Juli 2024

Seitenbereich: 183 - 189

Eingereicht: 05. Apr. 2024

Akzeptiert: 14. Apr. 2024

DOI: https://doi.org/10.15544/mts.2024.19

Schlüsselwörterstate regulation, institutional environment, national economy, circular economy, closed cycle economy, mechanism, entrepreneurship, business

© 2024 Natalia Vdovenko et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial 4.0 International License.

Schlüsselwörter
state regulation, institutional environment, national economy, circular economy, closed cycle economy, mechanism, entrepreneurship, business