Intellectual property as an instrument of interaction between government, business, science and society

Abstract

Abstract. This article is devoted to research the characteristics associated with pledge of intellectual property in foreign and domestic practice. Holding intellectual property objects' pledge transactions accelerates the pace of creating innovative systems in the economy. In present paper the modern scheme for bank loan, financing secured with patented intellectual property is researched. The authors give the brief description of features of pledge security registration for loans in some Europe countries. The Europe Union experience shows that as collateral for monetary loans can be used trademarks, patents on the intellectual property, as well as their registration requests. Russian experience of the pledge operations of the intellectual property is too small. This way of bank lending is at an early stage of development. The main constraint is the difficulty of assessing the value of the pledged intellectual property as intangible assets. However, taking into account world and domestic practice this direction for Russian market is estimated by the authors as promising one. Pledge transactions take place within the framework of the Quadruple-Helix Model concept that involves four participants: "science", "business", "government" and "society". Intellectual property are estimates by the authors as an instrument of interaction between government, business, science and society.

Investment Decisions Formation: Innovative Assets

“…Moreover today the most part of intangible assets in big modern progressive companies is intellectual property. So by 2017 "According to Interbrand consulting company, tangible and intangible assets of the world well-known companies are correlated as follows: British Petroleum (BP) -30:70, IBM -17:83, Coca-Cola -4:96" [10]. But relations in Russia are much worse.…”

“…But relations in Russia are much worse. According to search above in Russian companies "the volume of investment in intellectual property objects has not exceeded 1 % so far" [10]. The same time intellectual property can be accounted incorrectly due to absence of competent valuing methods intellectual activity results.…”

Features of the formation of the sphere of small and medium-sized businesses in the Southern Federal District

“…The average number of employees in the SME segment (as of 10.0.2021) was 15490144, which is 1% higher than last year. The largest number of SMEs as of 10.01.2021 fell on the Central Federal District -31% of the total number in Russia and 12% in the North-Western and Southern Federal Districts [14].…”

Performance effectiveness of Russian energy companies based on EVA and DEA

“…An alternative to the traditional financial model is the numerous cost models for determining the efficiency of a company, in which the increase in the economic performance of its activities is related an increase in its value [3][4][5]. James Tobin, one of the first authors of the model, who in 1966 proposed the "theory of choice of portfolio investments".…”