DOI: 10.33917/mic-1.108.2023.29-35

The article analyzes various research algorithms for studying the institutional foundations of the process of forming the value of modern business. The author focuses on the problem of disordered categories of this area of economic thought. In the scientific and regulatory literature, when describing economic phenomena and processes associated with the concept of “cost”, a number of categories are used (price, cost, cost, costs, economic value), which are often used as synonyms. The inaccuracy and uncertainty of the categorical apparatus within the framework of the issue under study are associated with institutional issues.

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DOI: 10.33917/mic-6.107.2022.32-42

The article analyzes network interactions as a factor in the formation of business value in the digital economy. In the course of the study, the author analyzes the advantages and features of network interactions within platform business models and business ecosystems. The author comes to the following conclusions. Network interactions between platform participants produce network effects. Taking advantage of network effects is changing the way business value is created. Data is becoming the main asset that ensures the growth of the capitalization of digital companies. Links of the value chain are transformed into modules and embedded in networks. Under the influence of digital technologies, business value is created at all levels of the economic system (including the nanolevel), companies are turning from static hierarchical structures into dynamic networks of interconnected players, and the role of company management in creating business value is changing.

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