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Intellectual Capital of Technological Transformation of Economy of Industrial Region

Author

Listed:
  • A.A. Chursin
  • A.V. Yudin
  • P.Yu. Grosheva

Abstract

The relevance of the research topic is due to the need to strengthen and expand the technological transformation of the Russian economy, which should contribute to the growth of high-tech products production and increase the competitiveness of domestic manufacturers in the world market. The hypothesis of the study is that the component features of the intellectual capital of the industrial region determine the predisposition/absence of predisposition of its economy to make a transition to a new dominant technological structure. The purpose of the scientific research is to identify the types of intellectual capital and which of them form the predisposition of regions to the technological transformation of their economies. During the study, the following tasks were solved: structural elements of intellectual capital that affect the innovative and technological development of the region, namely: education, are justified; innovative competencies; innovative skills; altruism; cognitive and non-cognitive competencies; sensitivity to change and adaptation to technological changes. Extractive, mono-inclusive and multi-inclusive type of intellectual capital of industrial regions, corresponding to the fourth, fifth and sixth technological framework, respectively, is disclosed. A methodology for estimating intellectual capital, which determines the dominant technological structure of the economy of the industrial region, has been developed on the basis of the use of the matrix method and Frobenius norms, which make it possible to conduct research over a long-time interval taking into account the dynamic trends of the main capital elements. The testing of the author's methodology revealed that such territories as Kemerovo Region, Nizhny Novgorod Region, Perm Territory, Republic of Bashkortostan, Republic of Tatarstan, Sverdlovsk Region, Udmurt Republic, Chelyabinsk Region, Chuvash Republic and Yaroslavl Region have intellectual capital for further technological development of the region's economy. The novelty of the obtained results lies in the development of a typology of regions, which enables one to identify the territories most prone to further technological transformation of the economy in the context of types of intellectual capital. The practical significance of the results obtained lies in the possibility of their use by authorities as a tool for developing a strategy for industrial development and structural adjustment of the economy of industrial regions.

Suggested Citation

  • A.A. Chursin & A.V. Yudin & P.Yu. Grosheva, 2021. "Intellectual Capital of Technological Transformation of Economy of Industrial Region," Journal of Applied Economic Research, Graduate School of Economics and Management, Ural Federal University, vol. 20(4), pages 641-665.
    • Handle: RePEc:aiy:jnjaer:v:20:y:2021:i:4:p:641-665
    DOI: http://dx.doi.org/10.15826/vestnik.2021.20.4.025
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    References listed on IDEAS

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    More about this item

    Keywords

    industrial region; corporate and territorial approach; intellectual capital; technological transformation; technological structure; component assessment; economy of the region.;
    All these keywords.

    JEL classification:

    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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