SPECIFICITY OF TRANSACTION COSTS IN THE SPHERE OF EDUCATION IN THE EMERGING KNOWLEDGE ECONOMY
Abstract
The paper considers the specifics of transaction costs in the sphere of education. Comparative analysis of the theoretical framework of the research devoted to the theory of transaction costs, allowed us to determine the causes and types of transaction costs in the educational environment. On the basis of the existing conceptual framework and specifics of the education system the paper formulates the definition of transaction costs and their classification is given on the basis of the principle of legality. The conclusion is that the minimization of the «illegal» costs is possible through the creation of information management system within the education cluster.
About the Author
A. G. Furin
Volga State University of Technology
Russian Federation
Russian Federation
Furin Alexandr G. – Candidate of Economic Sciences, Associate Professor of department of economic theory
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Review
For citations:
Furin A.G. SPECIFICITY OF TRANSACTION COSTS IN THE SPHERE OF EDUCATION IN THE EMERGING KNOWLEDGE ECONOMY. MIR (Modernization. Innovation. Research). 2014;5(2(18)):11-15. (In Russ.)
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