International Business Management
ISSN: OnlineISSN: Print 1993-5250
Abstract
Updating and developing economic theories of cultural potential as a socio-economic resource of the national economy provide a solution to an important scientific task to form new, reliable knowledge for the evolution of a new system of economic relations in the sphere of domestic culture and art products their exchange, distribution and consumption in the regional market. In domestic science the scope of culture development studies and understanding culture’s economic rationale in terms of artistic activity is getting more limited; the definitions of “culture”, “cultural potential”, “artistic activity”, “the cultural potential of households” remain poorly explored. In this regard, the researchers reveal the essence of their economic content and raise the following questions. The substantiation of the fact that culture is a system of socio-economic relations that ensure the preservation and reproduction of cultural potential in artistic activities and the formation of cultural products (goods and services) as economic resources for the national trade and industry. The efficacy of cultural potential reproduction and economic relations establishment for the socio-economic system of the national economy. The preservation of Russia’s artistic activity as a major economic and strategic factor for the modern national economy. The substantiation of the fact that households are important economic entities that provide personal and common wealth in the conditions of cultural potential reproduction and local communitie’s cultural heritage maintenance. Understanding the main aspects of solving these tasks by modern science will give an opportunity to form methodological tools to upgrade the mechanisms of economic relations development in such spheres as cultural potential maintenance and reproduction, effective control of exchange, distribution and forecasting of cultural good’s (services) optimal volume in the consumer market.
How to cite this article:
O.K. Lukhovskaya, S.M. Stepanova and O.O. Korobova. Economic Foundations for the Reproduction of Cultural Potential by Households.
DOI: https://doi.org/10.36478/ibm.2016.6765.6769
URL: https://www.makhillpublications.co/view-article/1993-5250/ibm.2016.6765.6769