Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2020)

Brain Capital as a Factor in the Efficient Digitization of the Economy

Authors
M M Makhmudova, A M Koroleva, E A Zubova
Corresponding Author
M M Makhmudova
Available Online 17 March 2020.
DOI
https://doi.org/10.2991/aebmr.k.200312.212How to use a DOI?
Abstract
The research examines brain capital as a key factor in the digital transformation of a region. The goal of the publication is to comprehensively study brain capital and develop a mechanism for improving the efficiency of the development and use of brain capital. The evaluation of brain capital is based on the analysis of a system of indicators that include the fluctuation in the use of information and communication technologies in organizations, the structure of ICT professionals, ICT expert distribution by industries, the number of students receiving bachelor, specialist, master degrees in information and communication technologies, publications of Russian ICT experts that are listed in the international citation bases and the number of relevant patents. The authors proposed a mechanism to improve the efficiency of the development and use of brain capital that include regulation tools and calls for active role of the state. Conclusions: The Russian economy has the sufficient level of brain capital development. However, in order to efficiently develop the digital economy, active state support of innovations is necessary, as well as a differentiated support system for the creation and development of ICT, international cooperation in information and communication technologies, and regular analysis and adjustment of the tools under support programmes based on the outcomes of the monitoring of their activities.
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Volume Title
Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2020)
Series
Advances in Economics, Business and Management Research
Publication Date
17 March 2020
ISBN
978-94-6252-929-8
ISSN
2352-5428
DOI
https://doi.org/10.2991/aebmr.k.200312.212How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - M M Makhmudova
AU  - A M Koroleva
AU  - E A Zubova
PY  - 2020
DA  - 2020/03/17
TI  - Brain Capital as a Factor in the Efficient Digitization of the Economy
BT  - Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2020)
PB  - Atlantis Press
SP  - 1554
EP  - 1560
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200312.212
DO  - https://doi.org/10.2991/aebmr.k.200312.212
ID  - Makhmudova2020
ER  -