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Economic Processes, Institutions, and Decisions

Heterogeneity and cohesion are among the central issues of economic science since its beginnings. In the cumulative processes of labor division and the expansion of markets various endogenous forms of heterogeneity emerge. This poses new challenges for organizations, institutions, but also the market society in general, which have to be circumscribed with terms such as integration, stability, and cohesion.

These basic insights are, with differing focus, part of various research programs and issues in modern economic sciences.

  • What keeps market societies where endogenous diversity emerges permanently together?
  • When and how are institutions and organizations able to pointedly and sustainably benefit from diversity?
  • How and why are modern societies reliant upon diversity?
  • Where lie the risks of the endogenous development of diversity?
  • How are endogenous diversity, differentiation, and labor division connected to the development of segmentation, power imbalance, and discrimination?
  • How is to be dealt with gender-specific manifestations of labor division and the emergence of classes??
  • How can undesired risks and effects of differentiation be processed in an institutional-organizational way?

Questions like these are being addressed in the HUKeconCLUSTER in different sub-disciplines. These include

  • economic diversity management, marketing strategies, and organizational theory;
  • national economic institutional theory and labor market research;
  • the examination of processes of innovation, migration, asynchronous demographic transitions, and other diversity-generating processes in an evolutionary (Schumpeterian) perspective; and
  • economic-historical studies on the development of market economy and society under aspects of globalization as well as other aspects of regional, national, and cultural differentiation processes and conflict lines.

This cluster unites various economic research programs and argumentation levels. This way, analogies as well as interface and docking possibilities are easier to identify and it should enable productive new combinations of insights and methods.




Richard Sturn richard.sturn(at)uni-graz.at


Univ.-Prof. Mag. Dr.rer.soc.oec. Richard Sturn Phone:+43 (0)316 380 - 3461


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