THE PLACE AND ROLE OF VALUES AND STIMULUS OF ECONOMIC ACTIVITY IN THE STRUCTURE OF FACTORS INFLUENCING ENTREPRENEURIAL ACTIVITIES AND INSTITUTE OF ENTREPRENEURSHIP IN RUSSIA

Abstract

The article substantiates the place and the role of values and stimulus of economic activity in the general structure of the factors affecting the entrepreneurial activity and the institute of entrepreneurship in Russia, and also disclosed heuristic capabilities of specific theoretical tools of institutional theory in the study of values and stimulus of economic activity.

Keywords

• business
• entrepreneurship
• institute of entrepreneurship
• values and stimulus of economic activity
• transaction costs
• property rights
• innate instincts