Digital Rights to the Results of Intellectual Activity and their Use in Industry


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Abstract

The purpose of the study. The article discusses issues related to the specifics of the use of digital intellectual property rights in industry. In accordance with this, the purpose of the article is to identify digital rights to the results of intellectual activity (RID) and/or their use and substantiate the directions of their application by industrial companies. To achieve this goal, the following tasks have been set and solved:

- the types of digital rights to READ and/or their use are defined;

- the advantages of digital REED rights in comparison with traditional licensing are shown;

- the directions of application of digital REED rights in industry are indicated;

- the economic and social effects of the application of digital REED rights and/or their use for industrial companies are shown.

Conclusions. In Russian legislation, it is possible to use digital rights in the form of utilitarian or hybrid digital rights that differ from each other in functionality, legal status, technological essence, risk level for the investor, and other characteristics. Digital READ rights have advantages over traditional licensing by reducing bureaucratic procedures, ensuring transparency and security of transactions, and speeding up the turnover of READ rights. In practice, USPS and PPP are most often implemented on the basis of distributed ledger technology and involve the use of tokens and smart contracts with different technological essence, functionality and flexibility. They can be used in different industries and for different purposes, providing industrial companies with legal protection of intellectual developments, facilitating technology transfer and licensing, which will contribute to the digital transformation of production and achieve the economic and social effects described in the article.

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About the authors

Olga V. Loseva

Financial University under the Government of the Russian Federation

Author for correspondence.
Email: ovloseva@fa.ru
ORCID iD: 0000-0002-5241-0728
SPIN-code: 9589-6287
Scopus Author ID: 370391

Dr. Sci. (Econ.), Associate Professor, Professor of the Department of Corporate Finance and Corporate Governance of the Faculty of Economics and Business

Russian Federation, Moscow

References

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Supplementary files

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2. Fig. 1. Advantages of utility digital rights, including tokenized ones, compared to licensing of rights to RIA.

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3. Fig. 2. Comparative characteristics of hybrid (HDR) and utilitarian (UDR) digital rights to RIA.

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4. Fig. 3. Distinctive characteristics of tokens and smart contracts.

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5. Fig. 4. Economic and social effects of the use of digital rights to intellectual property in the context of the intellectual capital of an industrial company.

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