Impact of the Use of Intellectual Assets on the Economic Growth of Russian Railways

Abstract

The proposed paper is relevant because of the significant increase in the role of intellectual assets in ensuring the competitiveness of companies, especially companies with complex technological processes and extreme technologies. The object under the study, JSC Russian Railways (JSC “RZD”), belongs to such companies. The highest level of capital intensity of the company causes the need to balance it with the level of intelligence capacity, which will ensure its smooth economic growth. It should be noted that the assessment of the intellectual capital of organizations is a significant problem, and a serious problem is the consideration of assets in a quantitative assessment of the organizations’ efficiency. The aim of the study is a quantitative assessment of the nature of intellectual assets of JSC “RZD” and their impact on economic growth. The research methodology includes classical methods of scientific cognition (observation, analysis, synthesis, formalization, logic) and special methods, such as: the formation of a system of indicators for the quantitative and qualitative assessment of the main parameters of the activity of the object under consideration, analysis of time series, and correlation and regression analysis of factor systems. Analysis of the impact of the company’s intellectual assets on its economic growth showed a very close direct connection between its intelligence capacity and economic growth, as well as the positive dynamics of the effectiveness of the use of intellectual assets.