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New Forms of Capital in the Context of Digitalization of the Industrial Sector

In: The Future of Industry

Author

Listed:
  • Oksana Butorina

    (Perm National Research Polytechnic University)

  • Yulia Starodumova

    (Perm National Research Polytechnic University)

Abstract

In the study, digital transformation of the industrial sector is considered as an adjustment the internal processes of an enterprise based on the use of digital technologies, which aimed at ensuring innovation to increase competitive advantages, profitability, and the efficiency of resource management. The objectivity of this process serves as the basis for creating new forms of capital. Informatization as a conjunctural process of digital transformation and the transition to the next megacycle underlie of the author’s interpretation of the monetary and information forms of capital. Based on a bibliographic analysis of the digital transformation of the industrial sector and information and intellectual forms of capital, a close relationship was proven between the creation of new forms of capital, primarily in the industrial sector, ICT development and intellectualization of economic activities. The distinctive features of the monetary-information form of capital were determined. It is necessary to highlight the close relationship with the ICT sector and the intellectualization of economic activity, which underlie the formation of a new system of socio-economic relations that transform the system of traditional resources for production, as well as a new self-increasing value for income rise, structurally including knowledge capital, human capital, organizational capital and other minor components of intangible capital. The results obtained can become the basis for further research into the processes of capital transformation in modern conditions.

Suggested Citation

  • Oksana Butorina & Yulia Starodumova, 2024. "New Forms of Capital in the Context of Digitalization of the Industrial Sector," Lecture Notes in Information Systems and Organization, in: Andrea Appolloni & Vikas Kumar & Evgeny Kuzmin & Victoria Akberdina (ed.), The Future of Industry, pages 163-173, Springer.
  • Handle: RePEc:spr:lnichp:978-3-031-66801-2_11
    DOI: 10.1007/978-3-031-66801-2_11
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