Economic Integration of Aircraft Building Enterprises in the Context of the Transactional Approach

The theoretical concept of the study of economic integration within the\r\nframework of the neo-institutional paradigm is developed. The structure of the\r\ntransaction costs of a corporation according to the sequence in which they\r\narise during the implementation of transactions is substantiated. The drivers of\r\nthe integrative development of modern aircraft building enterprises are studied\r\nand the content-related basics of their economic integration are formulated.\r\nBesides, the necessity of the formation of a mechanism for optimization of\r\ntransaction costs of economic integration in the context of the transactional\r\napproach in the creation of an aircraft building holding company is\r\nsubstantiated. Distinctive and characteristic features of the functioning of\r\naircraft production as a single complex of R\u0026D and batch production that\r\naffect transaction costs are singled out and a typology of transaction costs of\r\naircraft building corporations is proposed. A methodical approach to minimizing\r\ntransaction costs in the creation of an aircraft building holding company is proposed\r\nbased on the thesis that rational economic integration of aircraft building\r\nenterprises is carried out by changing the ownership relations and the\r\ntransaction system within the framework of the creation of a holding type\r\naircraft building corporation.