Montenegrin Journal of Economics

Innovative-Reproductive Model Of Economy Of The Enterprise Adequate To The Market

Lidia Kocurova

2007, vol. 3, no. 6, p. 199-211

If a society cannot understand what to do, it should be explained. It is impossible to construct the advanced market, without consideration in a design of economy the requirements of its laws just as it is necessary to take into account the requirement of the law of gravitation in a design of the plane. The market will destroy economy as well as the law of gravitation will destroy the plane. What does the market need from business economy? Productivity. It always was a basis of economic life. The economic model adequate to the market, which will reproduce the enterprises on modern technologies, is necessary for human community. The author offers such model in the form of innovative-reproductive price (IRP). There cannot be a priceless model as the market is operated by prices. It will generate such relations of production in which conditions of the enterprise will feel necessity of constant updating. The design of model is so that the enterprises cannot succeed in the market without updating technologies continuously because the basic elements of the economic knowledge are: updating and continuity.

suggested citation:

Lidia Kocurova. "Innovative-Reproductive Model Of Economy Of The Enterprise Adequate To The Market." Montenegrin Journal of Economics. vol. 3, no. 6, 2007, p. 199-211

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