Assessment of Intellectual Capital in the Transition to the Digital Economy
( Pp. 219-227)
More about authors
Grineva Natalia V.
Cand. Sci. (Econ.), Associate Professor; associate professor, Department of Data Analysis and Machine Learning; Financial University under the Government of the Russian Federation; Moscow, Russian Federation
Abstract:
Human capital is a priority resource capable of creating innovative technologies and solutions that will generate high incomes. For the rapid spread of digital technologies, high financial costs are required, since new means of production are needed, and domestic ones, if linking to foreign products is not appropriate for competitive reasons. In the near future, we can expect a natural increase in demand for highly qualified specialists who are able to work in rapidly changing economic conditions, who have knowledge in the field of IT technologies used in a particular industry. The purpose of the study is to develop recommendations based on the developed decision-making model for assessing labor productivity in the digital economy. To achieve the goal , the following tasks were solved in the work: 1) a comprehensive analysis of modern models and methods of the impact of the transition to the digital economy on human (intellectual) capital has been carried out; 2) a decision-making model based on the symbiosis of human and computer technologies has been developed, in which the main emphasis is placed on a mathematical model for calculating labor productivity in the digital economy, characterized by a widespread symbiosis of human and computer technologies. Materials and Methods. When modeling, the apparatus of production functions was used, taking into account digital technological progress, as well as correlation analysis. Conclusions: models and methods of the impact of the transition to the digital economy on human (intellectual) capital are analyzed, a model of the productivity of an individual (who is a carrier of intellectual capital) in symbiosis with computer technologies is constructed, a comparative analysis of the estimated values of the actual rates of technological progress and the growth rate of income of a digital enterprise is carried out.
How to Cite:
Grineva N.V., (2022), ASSESSMENT OF INTELLECTUAL CAPITAL IN THE TRANSITION TO THE DIGITAL ECONOMY. Economic Problems and Legal Practice, 2 => 219-227.
Reference list:
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Ganichev N.A., Koshovets O.B. Integration of Russia into the global digital transformation project: opportunities, problems and risks // Problems of forecasting. Russia. Econ. Dev. 30, 627-636 (2019).
Frank M., Roerig P., Pring B. What to do when the machines start doing everything. -Moscow: Bombora, 2019. -320 p.
Akaev A.A., Sadovnichii V. A. The Human Component as a Determining Factor of Labor Productivity in the Digital Economy, Studies on Russian Economic Development volume 32, pages 29-36 (2021)
Akaev A. A. and Sadovnichii V. A. Mathematical models for calculating the development dynamics in the era of digital economy, Dokl. Math. 98, 526-531 (2018).
Ba ol O., Yal in E. C. How does the digital economy and society index (DESI) affect labor market indicators in EU countries // Human Systems Management. 2020. №. Preprint. P. 1-10.
Eberhard B. et al. Smart work: The transformation of the labour market due to the fourth industrial revolution (I4. 0) // International Journal of Business Economic Sciences Applied Research. 2017. T. 10. №. 3.
Ford M. Rise of the Robots: Technology and the Threat of a Jobless Future, Hachette UK, 2015.
Golinski M. Digital Economy and Social Capital on the Example of Selected EU Countries // Conference: 36th IBIMA Conference on 4-5 November 2020. At: Granada, Spain.
Grigorescu A. et al. Human capital in digital economy: An empirical analysis of central and eastern European countries from the European Union // Sustainability. 2021. T. 13. №. 4. P. 2020.
Jorgenson D. and Motohashi K. Information technology and the Japanese economy, J. Jpn. Int. Econ. 19 (4), 460-481 (2005).
Mahmood, Tarique Mubarik, Muhammad Shujaat. Balancing innovation and exploitation in the fourth industrial revolution: Role of intellectual capital and technology absorptive. 2020
Schwab K. The Fourth Industrial Revolution, Penguin UK, 2017.
Zaborovskaia O., Nadezhina O., Avduevskaya E. The Impact of Digitalization on the Formation of Human Capital at the Regional Level //Journal of Open Innovation: Technology, Market, and Complexity. 2020. T. 6. №. 4. -P. 184.
Keywords:
intellectual capital, digital economy, digital enterprise, investments, performance management, production function.
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