Preview

Economics, taxes & law

Advanced search

The Economics of a Company’s Digital Intellectual Assets: Essence, Types, Valuation and Commercialization Methods

https://doi.org/10.26794/1999-849X-2026-19-1-69-78

Abstract

The importance of this study stems from the need for Russian investors and businesses to swiftly value, commercialize, and monetize digital intellectual assets. This research focuses on digital intellectual property, its usage rights, and how to assess and market it. The paper aims to define the economics of digital intellectual assets, find the factors that affect their worth, and analyze valuation approaches and commercial use methods. The study used methods of comparative analysis, classification, valuation, innovation economics, tabular and graphical visualization of the results, and valuation tools. Thus, the author found key digital intellectual assets and assessed their practical uses, then classified factors affecting their value. The paper analyzed current valuation methods and ways to commercialize digital intellectual property. The author’s conclusion was that a company must determine market or investment value, considering the factors found, to commercialize digital intellectual assets.

About the Author

O. V. Loseva
Financial University under the Government of the Russian Federation
Russian Federation

Olga V. Loseva — ​ Dr. Sci. (Econ.), Assoc. Prof., Prof. of the Department of Corporate Finance and Corporate Governance

Moscow



References

1. Turovets Y. Intangible assets and the efficiency of manufacturing firms in the age of digitalisation: The Russian case. Engineering Management in Production and Services. 2021;13(1):7-26. DOI: 10.2478/emj-2021-0001

2. Parr R.L, Smith G. V. Intellectual property: Valuation, exploitation and infringement damages. 4th ed. Hoboken (NJ): Wiley; 2005.

3. Harish A. R., Liu, X.L., Li M., Zhong R. Y., Huang, G. Q. Blockchain-­ enabled digital assets tokenization for cyber-­physical traceability in E-commerce logistics financing. Computers in Industry. 2023;150:103956. DOI: 10.1016/j.compind.2023.103956

4. Alexandrova N. S. Relationship of the concepts “digital rights”, “digital currency” and “digital financial asset”. Vestnik Moskovskogo universiteta MVD Rossii = Bulletin of the Moscow University of the Ministry of Internal Affairs of Russia. 2021;6:28-31. (In Russ.). DOI: 10.24412/2073-0454-2021-6-28-31

5. Akinfieva V. V. Digital financial assets as a new type of digital rights. Ex jure. 2021;1:46-55. (In Russ.).

6. Abramova M. A., Krivoruchko S. V., Lunyakov O. B., Fiapshev A. B. A theoretical and methodological view on the prerequisites for the emergence and functioning of decentralized finance. Finance: Theory and Practice. 2025;1(29):80-96. (In Russ.). DOI: 10.26794/2587-5671-2025-29-1-80-96

7. Allen F., Gu X., Jagtiani, J. Fintech, cryptocurrencies, and CBDC: Financial structural transformation in China. Journal of International Money and Finance. 2022;124:102625. DOI:10.1016/j.jimonfin.2022.102625

8. Bas T., Malki I., Sivaprasad, S. Connectedness between central bank digital currency index, financial stability and digital assets. Journal of International Financial Markets, Institutions and Money. 2024;92:101981. DOI: 10.1016/j.intfin.2024.101981

9. Stankevich V. S., Vlasov A. V. Review of digital assets. Trends in the development of digital financial assets in the Russian Federation and forecast. Russian Journal of Economics and Law. 2024;18(2):422-452. (In Russ.). DOI: 10.21202/2782-2923.2024.2.422-452

10. Goncharenko L. I. Diversification of the tax system as a factor in the implementation of national development projects in Russia. Ekonomika. Nalogi. Pravo. = Economics, taxes & law. 2025;3(18):144-154. (In Russ.). DOI: 10.26794/1999-849X-2024-18-3-144-154

11. Goncharenko L. I., Goncharenko M. A. Constructive preferential tax regimes as a determinant of attracting investments in the innovative development of Russia. Ekonomika. Nalogi. Pravo. = Economics, taxes & law. 2024;3(17):156-166. (In Russ.). DOI: 10.26794/1999-849X-2024-17-3-156-166

12. Goncharenko M. A., Khatsko A. D. Tax instruments of influence on the development of the financial services market. Ekonomika. Nalogi. Pravo. = Economics, taxes & law. 2024;5(17):115-128. (In Russ.).

13. Kang S., Oh H. The effect of name fluency on NFT artwork valuation. Economics Letters. 2025;255:112540. DOI: 10.1016/j.econlet.2025.112540

14. Whitaker A. Art and Blockchain: A primer, history, and taxonomy of blockchain use cases in the arts. Artivate. 2019;8(2):21-46.

15. Kharitonova Yu. S. The legal significance of fixing intellectual property rights using distributed ledger technology. Pravo i ehkonomika = Law and economics. 2018;1:15-21. (In Russ.).

16. Buzova N. V. Digital assets and intellectual property. Trudy po intellektual’noj sobstvennosti = Works on Intellectual Property. 2022;43(4):61-70. (In Russ.).

17. Voronov V. S., Davydov V. D. Digital intellectual assets in the paradigm of inertial investment. Voprosy innovacionnoj ehkonomiki = Issues of innovative economics. 2022;12(1):141-154. (In Russ.). DOI: 10.18334/vinec.12.1.114119

18. Loseva O. V., Kosorukova I. V., Fedotova M. A., Tazikhina T. V., Abdikeev N. M. Valuation of digital intellectual assets: Principles, factors, approaches and methods. Finance: Theory and Practice. 2022;26(4):6-28. (In Russ.). DOI: 10.26794/2587-5671-2021-26-4-6-28

19. Loseva O. V., Fedotova M. A., Abdikeev N. M. Conceptual model of valuation of digital intellectual assets. Finance: Theory and Practice.2023;4(27):118-130. (In Russ.). DOI: 10.26794/2587-5671-2023-27-4-118-130


Review

For citations:


Loseva O.V. The Economics of a Company’s Digital Intellectual Assets: Essence, Types, Valuation and Commercialization Methods. Economics, taxes & law. 2026;19(1):69-78. (In Russ.) https://doi.org/10.26794/1999-849X-2026-19-1-69-78

Views: 448

JATS XML


Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 License.


ISSN 1999-849X (Print)
ISSN 2619-1474 (Online)