Transfer of Intellectual Assets as a Way of Stimulating Investment Activities of Enterprises
Capability of intellectual assets to bring about economic benefits is one of the main conditions of involving them into economic activity. Transfer of intellectual assets may result in creating competitive advantages and on this basis, the growth of the market cost of companies.
The paper presents an approach to quantitative estimation of socio-economic benefits from oil extraction (in the US). The approach explicitly distinguishes the contribution of non-institutional and institutional factors. Calculations show that in the United States the influence and dynamics of institutional factors are related to steady deterioration of natural conditions of oil extraction. In general, the US resource regime can be called stimulating, as is evidenced by a small proportion of adverse effects due to preservation of residual oil.
The paper considers the principle tasks, priorities, trends, and sources of modernizing the Russian socio-economic system and its real sector. We show the peculiarities of modernization of the spatial structure of the economy; dynamics and efficiency of some economic activities; and the fact that peculiarities of regional economic systems such as the state and structure of fixed assets, sectoral production structure, and receptivity to innovations are the important factors of the modernization. We also describe the different approaches to regional policy aimed at modernization, and display a necessity to have a balanced regional policy.
Previous research has examined the financial and volunteer problems of non-profit sport clubs in an isolated manner and has neglected the influence of sponsorship and subsidy funding, which we term as external funding, may have on both problems. The purpose of this study is to examine the effect of this external funding on financial and volunteer problems, and the relationship between both types of problems. The nature of the effect of external funding is conceptualized taking several perspectives. Using data from a survey of sport clubs in Germany a bivariate probit model is estimated. The results provide evidence that both problems are interrelated. Clubs relying on sponsorship income experience larger financial and volunteer problems, while subsidies only increase volunteer problems. Moreover, club philosophy variables significantly impact both types of problems while governance structure does not. Internal revenues and miscellaneous external revenues have no significant impact on either type of problem. The findings have implications for club management.
The paper analyzes the problem of efficiency of investment management and credit operations, investment capital structure and dynamics of the value of the company.
In the book documents on the design, adoption and execution of the annual state budgets of the USSR during the Great Patriotic War are published. The publication includes resolutions of the Sovnarkom (Council of People's Commissars) of the USSR on the approval of the budgets, materials on the coordination of budget items, expert assessments made by the Narkomat (People's Commissariat) for Finance, the Gosplan (State Planning Committee) and the Gosbank (State Bank) of the USSR on the budgets for each year of the war. A significant part of the book is occupied by documents characterizing methods of incomes mobilization and changes in a structure of revenues during the war period. The published documents contain important information on the amount of revenues and expenditures (including expenditures for military needs), on emission and stages of overcoming the budget deficit. The book ends with materials on the transition of the budgetary system to peacetime practices, which gradually began at the final stage of the war.