There is determined essence and content of innovative changes in household’s economic activity in different areas of reproduction. There is shown in the paper that every innovation in household’s activity have positive or negative effect on its results. There is shown that positive and negative externalities existence of innovations is economic justification for their implementation.
Keywords: household, institutional system, innovations, externalities.
DOI: http://dx.doi.org/10.17721/1728-2667.2013/145-4/10
