MANAGEMENT
Based on the analysis of materials from annual reports and monitoring by the Ministry of Education of Russia in the field of the personnel training quality, the author of the article considers the key features of the development in the modern system of secondary vocational education: an annual increase in the number of students, as well as the number of educational institutions of higher education and their branches implementing secondary vocational education programs; development of new digitalization practices; priority in the employment of graduates of secondary vocational education institutions over graduates of universities; as well as, the personnel shortage of secondary vocational education organizations.
The paper considers issues faced by novice entrepreneurs whose activities are related to innovative development and scientific and technological studiesAmong the most pressing concerns is the lack of finance and the difficulty of attracting investors in the early stages of project development and launch. In the context of startup development, there is the intangible asset of social capital that plays a key role, often acting as the basis on which investor relations are built and maintained. Such a many-sided resource is not just a byproduct of networking, it is like the glue that holds together a complex network of interpersonal and interorganizational connections and relationships. In addition, it embraces shared values, norms and mutual understanding that facilitate cooperation within or between groups, thereby becoming a decisive factor in securing funding and developing investor relations. The level of social capital and trust may be the core that influences investors’ decisions at an early stage. So, it is cultivated not simply by presenting promising financial projections or a sound business model, but by establishing rapport that goes beyond transactional interactions. It is the entrepreneur’s ability to develop and manage the social capital of a start-up that can influence investor commitment when tangible assets are scarce and future success is quite speculative.
ECONOMY
The article considers the content of the innovative abilities of a company as a modern economic category, defines their elemental composition, issues of the development management and approaches to evaluation. The purpose of the article is to develop scientific knowledge about the innovative activity of a company in the direction of determining its resource, process and effective content. The goal determines the need to combine an integrated approach with a monographic research method and tools for qualitative and quantitative analysis. As a result of the research, the content of the innovative abilities of the company as a category inherent in the knowledge economy is determined. The authors describe the range of range of components of the company’s innovative abilities: financial, personnel, technological, informational and organizational. Assumptions are made about the composition of qualitative and quantitative indicators necessary to study the state and dynamics of the company’s innovative abilities. The issues of development management are presented in the form of the authors’ hypothesis on the construction of a roadmap, which provides for measures aimed at stimulating the development of innovative abilities of a company in the context of digitalization of the economy. As the information base for the study they use the work of Russian scientists published over the past five years on the development of innovative abilities of firms in the context of digitalization, as well as statistical data from open sources and the authors’ own observations. It is assumed that the article will be useful for management specialists focusing on issues of managing innovative development and the resource potential of a company.
The relevance of the study is due to the constant search by state authorities and economic regulation for various forms of support for the development of small and medium-sized businesses, the development of forms of acceleration of innovative small industrial businesses. Both in Russia and abroad, there is a search for various forms of support for SMEs as the basis and framework of the economy.
The purpose of the study is to systematize the areas of research on the productivity of small and medium businesses, to identify areas for improving its efficiency. The research methodology is based on the continuity of processes and the dialectic of the development of the small business system in the current economic conditions. The methods of statistical analysis and sociological assessments made it possible to identify the areas of development of the entrepreneurial ecosystem of the Komi Republic.
The object of the study is the economic activity of SMEs, including the factors of SME development in the Komi Republic. The study results are a comprehensive reflection of the directions for increasing the efficiency and productivity of SMEs. Those findings made it possible to generalize the leading areas, such as digitalization of production processes, innovative partnership and diffusion of innovations of large businesses and SMEs, the need for state regulation of increasing the innovative activity of SMEs. In the article, the author reveals a set of measures for economic regulation and the deployment of measures to stimulate innovative activities of SMEs.
The results of generalizing the directions of Russian and foreign research made it possible to identify the leading directions of the scientific discourse of SMEs, determine the range of relevant research in the field of small and medium-sized businesses, reveal the problems of increasing productivity and efficiency, and justify the need to introduce innovations and digitalization into the process of economic activity of SMEs.
The article outlines the role of digital sovereignty in national security of the state. The relevance of its formation and maintenance is due to the intensive speed of global digital transformation. Studying the structure and content of digital sovereignty is an extremely important task in conditions of instability in the macroeconomic environment. The constant increase in the volume of information and generated data and the necessity of its protection creates new difficulties and threats in matters of information security. The work identifies the main components of digital sovereignty, the key ones are the data sovereignty and technological sovereignty. The concept and features of “technological sovereignty”, modern approaches to its development are analyzed, and the need for their practical implementation is substantiated .both at the state level and at the level of business processes participants. The main objective is to provide an integrated approach to the issue in compliance with basic principles, among which regulatedness, clarity, openness, simplicity and compatibility come to the fore. Research shows that the level of technological independence in Russia is gradually increasing. It is a consequence of active support from the government which was intensified due to the current political situation and sanctions pressure on Russian business; an increase in the index of output of goods and services for basic types is the best confirmation that those measures are effective.
The external environment of modern business is characterized by global instability and a variety of challenges, which are triggers that start the threat implementation mechanisms. In such a situation, the principles of the concept of sustainable development take on special importance, since they become indicators enabling the working out of effective development strategies. Among other things, all that is typical for the insurance industry in Russia. The insurance business is currently going through a transition period, which is characterized by a complete restructuring of the internal insurance market in Russia. Such a setting forces key insurance companies to review their sustainable development strategies in order to adapt them to the new requirements of the external environment. Thus, the assessment of the prospects for the sustainable development of the insurance business is an urgent area of scientific and practical research. The purpose of the study is to determine directions for maintaining the sustainable development of insurance organizations in the Russian Federation and expanding their capabilities. The research methods are: comparative analysis of sources, classification, SWOT analysis, expert assessments. The result of the study is a list of directions for maintaining the sustainable development of insurance organizations in the Russian Federation and expanding their capabilities. The authors conclude that today the external environment of the insurance market of the Russian Federation is more characterized by threats than opportunities, and the development strategies of key insurance companies should take into account that specifics of the market.
LAW
The relevance of the research is due to the issue of formalizing the nature of digital financial assets, which in modern economic practice perform basic, complementary and substitute functions at the same time, which complicates their normative regulation. In the article, the authors consider the understanding and essence of digital rights established at the legislative level and their impact on the business processes of the economy entities. The article studies the substantive part of the definition of “digital financial assets” from the perspective of law enforcement practice. A legal analysis of the norms of legislation from the perspective of the application of digital rights is given. The authors of the research went through and disclosed the conceptual and substantive context of legislation on digital financial assets, including a hermeneutic study of the interpretation of “digital currency”. They carried out the study of state legislative initiatives in the field of digital economy development from the point of view of the formation of special digital property rights as well as proposed the logic of classification of property rights to digital assets, which is based on the specifics of their accounting. The authors also discuss the dual nature of the circulation of digital financial assets and propose solutions to reduce legal risks. They argue that when using the term “digital financial assets” it is necessary to focus on their liquidity and contractual basis of financial requirements. As a result, it is concluded that the term “digital rights” should be replaced by “digitized rights” or “property rights represented in digital form”.
The article considers the issues of the abuse of right when considering the good faith of refusal of inheritance. Any action of a citizen that entails the acceptance of an inheritance by other persons is often qualified as dishonest behavior. Abuse of law is also often applied by the courts as a basis for recognizing the refusal of inheritance as an invalid transaction. Refusal of inheritance, by its legal nature, is a one-sided transaction, and therefore cannot be contested, for example, under bankruptcy law, since it does not provide for the automatic transfer of ownership to another person. Inheritance in general should take precedence over debt obligations, even in relation to bankruptcy creditors. The opening of an inheritance is an unplanned event that is not counted on when opening bankruptcy proceedings. If there is dishonest intent, for example, a potential testator can always, with the help of a will, preemptively exclude a debt-ridden heir by law from inheriting. Refusal of inheritance should be recognized as abuse only if there are clear signs of dishonesty, for example, when the debtor continues to use the property or gives orders to the heirs about it. At the moment, especially when considering refusal of inheritance in bankruptcy, the presumption of bad faith of the heir dominates, which is not correct. Failure to accept an inheritance, which, as an omission, is not a transaction on general grounds, is also considered invalid in bankruptcy proceedings, which is an incorrect interpretation of the law. Unfair omission is an abuse of right.
It should be recognized that the very dynamic development of digital intellectual technologies predetermines the solution of new tasks aimed at establishing optimal regulators of modern segments in economic transformation: artificial intelligence; machine-readable law; digital assets; digitalization of legal proceedings. Accordingly, there is an objective need to develop relevant instruments of legal influence on rapidly developing economic and legal relations in the digital space, including in the field of establishing the form of business contracts in electronic commerce, taking into account the balance of private and public interests of individuals, legal entities and the state, based on the convergence of legal norms.
The presented scientific work argues that the transformations of the electronic form of business contracts in the trade turnover of Russia and foreign countries in the context of the digital platforms development are inextricably linked with the legal regulation of artificial intelligence.
The present paper defines the transformation of the electronic form of business contracts in the trade turnover of Russia and foreign countries in the context of the development of digital platforms, as well as it reveals the features of dispute resolution related to the use of smart contracts in the framework of the market of network platforms based on blockchain technologies, it also formulates author’s conclusions and individual proposals.