Development of modernization tools for construction complex through the mechanisms of enforcement

Abstract

The article focuses on increasing potential of leasing as part of institutional approach to national economy innovative development. The mechanisms of leasing relations enforcement are examined. The structure of leasing relations institutions in the context of the specification of leasing participants’ rights are researched. The authors highlight the features of leasing agents interaction, and on this basis justify the need for change in leasing relations institutional structure. Engineering institute implementation in the institutional system of leasing is proposed in the article. It will contribute to harmonization of leasing relations agents’ interests, prevention of their opportunistic behavior, leasing participants transaction costs reduction and improvement of leasing relations enforcement.