Distribution of Intangible Assets in the Regions of the Russian Federation and Worldwide

DOI

10.2991/aebmr.k.200502.100How to use a DOI?

Keywords

intangible property, social capital, intangible assets, brand, concentration, capitalization

Abstract

Digitalization of the economy leads to an increase in the role of intangible resources. Intellectual property, social and reputation capital are becoming drivers of territorial development. The paper considers the concentration of intangible assets in the regions of the Russian Federation, it is revealed that more than 90% of intangible assets in the country are concentrated in the Central Federal District. In a crisis, there is an increase in the concentration and share of intangible assets, because firms aim to increase assets. Intangible property acts as a tool for the capitalization of company assets. We have analysed the balances of companies that are in the top of the best global brands according to the Best Global Brand version. We analysed the share of intangible assets, the share of reputation and the total share of the intangible component (intangible assets and reputation in the total volume of assets). Companies leading the concentration of the intangible component are manufacturers of consumer goods, companies engaged in information technology and consulting services. Among foreign companies, manufacturers of luxury goods have a high level of immateriality. This trend is characteristic of foreign companies, however, in terms of total assets, they are not at the forefront, due to trade policy and the nature of their activities. The basis of the intangible property of these companies is the brand. In the context of digitalization, the brand value of the company will increase. It was highlighted that a characteristic feature for the Russian rating of intangible companies is the presence in it of representatives from the banking sector (Sberbank and Bank of Moscow) and the petrochemical complex (Lukoil) and companies involved in transportation (Russian Railways).

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/).

Download article (PDF)

TY  - CONF
AU  - E.V. Fakhrutdinova
AU  - J.S. Kolesnikova
AU  - R.Kh. Yagudin
PY  - 2020
DA  - 2020/05/05
TI  - Distribution of Intangible Assets in the Regions of the Russian Federation and Worldwide
BT  - Proceedings of the 2nd International Scientific and Practical Conference “Modern Management Trends and the Digital Economy: from Regional Development to Global Economic Growth” (MTDE 2020)
PB  - Atlantis Press
SP  - 619
EP  - 623
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200502.100
DO  - 10.2991/aebmr.k.200502.100
ID  - Fakhrutdinova2020
ER  -