Work

Agri-Food Market as an Institution for the Development of Socio-Economic Interaction

Year: 2024
Type: article
Abstract: The aim of the article is to substantiate the theoretical and methodological foundations of formation and functioning of the agri-food market as an institution for the development of socio-economic interaction, based on the explicative basis of this concept as an economic and managerial category. A critical analysis of the existing interaction theories allowed to identify their common characteristics and determine the result of practical implementation in terms of socio-economic interaction in entrepreneurship. As a methodological basis for socioeconomic interaction, the author defines social responsibility, which is the basis of a sustainable development strategy and means a responsible attitude to nature, resources, finished products, employees, consumers, etc. The article develops a model of the agri-food market as an institution for the development of socio-economic interaction in the context of its internal and external components. The formalized approach to the theories of interpersonal relations allowed to consider them in the context of socio-economic interaction in entrepreneurship and to conclude that they can be partially extended to the level of functioning of sectoral markets.
Language: English
Open Access status: diamond
OpenAlex ID: W4396571319
FWCI: 0.47
Cites: 8
Cited by: 1
Related to: 10