INCLUSION OF INTELLECTUAL PROPERTY TO THE ECONOMIC TURNOVER OF COMPANIES

Аннотация

The results of intellectual activity, being personalized in the form of intellectual property, have
specific properties that provide clear competitive advantages to the economy of any level of the organization. In
modern society, the results of human intellectual activity are the direct productive force, along with the traditional
factors of production-land, labor and capital. The creation, dissemination and use of innovations, increasing the role
and scale of intellectual property development are the main factors in the formation of an innovative
economy.Intellectual property affects the competitiveness of the sphere of activity, the region, the country, and also
determines the speed of emergence of new products and technologies. Intellectual property may be included in the
intangible assets of organizations. Intellectual property obtained under a contract or license and rights to it as part of
intangible assets shall transfer its value (through depreciation) to the cost of products (works, services) in accordance
with the norms of depreciation and useful life.