DEVELOPMENT OF THE ECONOMIC AND MATHEMATICAL APPARATUS OF INTELLECTUAL CAPITAL MANAGEMENT THROUGH OPTIMIZATION MODELS

Mathematical modeling can significantly advance the management of economic processes. This article proposes to develop a system for managing a company’s intellectual capital based on economic and mathematical tools. The resulting indicator characterizing the effective management of intellectual capital is the company’s intellectual rent. The methodological basis of the study is optimization modeling. The authors emphasize the significance of intellectual rent in modern industrial production, which makes the questions of researching its formation and distribution relevant. The purpose of this article is to adapt the authors’ toolkit for assessing intellectual rent to the economic and mathematical management framework of intellectual capital through optimization models. The proposed approach allows preparing an economic and mathematical justification for the efficient distribution of financial resources in the interest of maximizing the intellectual rent income of industrial enterprises. The application of economic and mathematical methods in rationalizing decision-making to maximize the efficiency of industrial enterprises is proposed to be implemented through algorithmic actions in the data analysis process. Computer software and Python programming language code were used for data processing. The pilot study conducted at the enterprise enabled the distribution of investments in intellectual assets for maximizing intellectual rent, and based on this distribution, it is possible to use optimized investment values for each period. Implementing the proposed toolkit in management practice will rationalize the distribution of investment and financial resources and ensure a balance between the maximum level of intellectual rent and available resources. The results of this study can be used by enterprises to improve the efficiency of managing their intellectual capital in the conditions of a digital economy.

intellectual capital, intellectual rent, resource management, intellectual development, mathematical methods, economic and mathematical modeling, efficiency maximization, resource allocation, optimization models, optimization algorithms

Dmitriev N. D., Zaytsev A. A., Ungvari L. Development of the economic and mathematical apparatus of intellectual capital management through optimization models. Biznes. Obrazovanie. Pravo = Business. Education. Law. 2023;4(65):35—42. DOI: 10.25683/VOLBI.2023.65.792.