Mathematical Approach to Calculating the Intellectual Rent of an Industrial Enterprise for Achieving Innovative Leadership

DOI

10.2991/assehr.k.200526.027How to use a DOI?

Keywords

mathematical approach, intellectual rent, industrial enterprise, innovative leadership

Abstract

Economic development trends lead to a significant expansion of the boundaries of scientific ideas about such economic category as rental relations. Globalization and international integration of labour have a direct impact on the transformation of national economies, forcing them to follow the innovative path. The study considers intellectual rent, which now represents one of the main sources of income for the most developed countries and contributes to the achievement of innovative leadership in a market-based economy. The digital transformation of the economy and transition to a new qualitative level of production relations development are impossible without building up intellectual capital. However, calculating intellectual rent at various levels is fraught with serious difficulties. The rental approach will allow calculating the super-profits of an industrial enterprise obtained using the intangible elements, that is, an intellectual capital. This paper suggests developing mathematical methods for intellectual rent calculation purposes. The resulting assessment can reflect both the intellectual income from a unit of output and quantitatively in monetary terms measure the intellectual rent of an entire industrial enterprise with due regard for industry average profitability indicators.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Andrey Zaytsev
AU  - Viktoriia Degtereva
AU  - Nikolay Dmitriev
PY  - 2020
DA  - 2020/05/27
TI  - Mathematical Approach to Calculating the Intellectual Rent of an Industrial Enterprise for Achieving Innovative Leadership
BT  - Proceedings of the 6th International Conference on Social, economic, and academic leadership (ICSEAL-6-2019)
PB  - Atlantis Press
SP  - 178
EP  - 184
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.200526.027
DO  - 10.2991/assehr.k.200526.027
ID  - Zaytsev2020
ER  -