Subject While market actors produce new knowledge and commercialize it, the State evolves and relies on decent human resources. Hence, the State should have a policy for revitalizing business initiatives of intellectual innovation so that new research and development would be effectively implemented and used. Objectives The study evaluates the scope of intellectual products in Russia and their commercial potential in the commodities market. We determine what scientific approaches should be used to examine the concept of intellectual products, substantiate the issue of commercializing intellectual results in Russia. The article provides an overview of the regulatory framework of titles to R&D, evaluates the scope of R&D protection documents and innovative products. We also develop market mechanisms for commercializing intellectual products through e-commerce platforms. Methods We apply methods of systematization and analogy, generalization of data and logic comparison, methods of graphic and statistical analysis, trend analysis, comparative analysis, financial analysis. Results We substantiate and propose a mechanism for commercializing intellectual products based on Industry 4.0 principles. An e-trading platform will narrow the geography of search for scientists, developers, investors, manufacturers, buyers and services rendered through advanced intellectual products as much as possible and reduce the time it takes to do it. Conclusions and Relevance We discovered what impedes the implementation of new scientific achievements and their subsequent commercialization in the national economy. The new knowledge commercialization mechanism will help ensure a search for counterparts and further implement the products into production. The findings can be useful for administrative management of new knowledge and idea generation, search for partners for commercializing the results, national policy for intellectual innovation development.
Keywords: intellectual work, innovation, new knowledge, new ideas, commercialization
Faizullina N.G. [Commercialization of Intellectual Property]. Kreativnaya ekonomika = Creative Economy, 2014, no. 6, pp. 81–89. URL: Link (In Russ.)
Kudashov V.I., Nechepurenko Yu.V. [Forms and methods for commercialization of intellectual property]. Trudy BGTU = Proceedings of BSTU, 2015, no. 7, pp. 34–39. (In Russ.)
Kayl I., Epinina V. Interaction between the public authorities and population in terms of participatory management. In: Scientific Enquiry in The Contemporary World: Theoretical Basics and Innovative Approach. Miami, FL, L&L, 2012, pp. 57–60.
Fedotova G.V., Kulikova N.N., Kurbanov A.K., Gontar A.A. Threats to Food Security of the Russia's Population in the Conditions of Transition to Digital Economy. In: Advances in Intelligent Systems and Computing (AISC). Series: The Impact of Information on Modern Humans. Vol. 622. Springer International Publishing AG, 2018, pp. 542–548. URL: Link
Fedotova G.V., Iliyasov R.Kh., Gontar A.A., Ksenda V.M. The Strategy of Provision of Tax Security of the State in the Conditions of Information Economy. In: Optimization of the Taxation System: Preconditions, Tendencies and Perspectives. Cham, Springer Nature Switzerland, 2019, pp. 217–228. URL: Link
Gontar A.A., Lomakin N.I., Gorbacheva A.S. et al. Methods of Data Intellectual Analysis in Assessment of Economic Security Level. In: Ubiquitous Computing and the Internet of Things: Prerequisites for the Development of ICT. Cham, Switzerland, Springer Nature Switzerland, 2019, pp. 455–464.
Plotnikov V.A., Fedorov G.V., Popov E.G., Kastyurina A.A. Harmonization of Strategic Planning Indicators of Territories' Socioeconomic Growth. Regional and Sectoral Economic Studies, 2015, vol. 15-2, pp. 105–114.
Gavrilenko T.Yu., Provorova I.P. [Network Economy as a Phenomenon of the Information Society]. Rossiiskii tekhnologicheskii zhurnal = Russian Technological Journal, 2016, no. 1, pp. 53–61. (In Russ.) URL: Link