The Features of Rent Relationships in Conditions of Innovative Economy
The article is concerned with studying the economic content of the categories of «rent» and «quasi-rent», classification of their main forms arising in terms of relationships in the science and innovation sphere, and analyzing the specificity of formation of these incomes in conditions of contempora...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Research Centre of Industrial Problems of Development of NAS of Ukraine
2017-07-01
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| Series: | Bìznes Inform |
| Subjects: | |
| Online Access: | http://www.business-inform.net/export_pdf/business-inform-2017-7_0-pages-24_30.pdf |
| Summary: | The article is concerned with studying the economic content of the categories of «rent» and «quasi-rent», classification of their main forms arising in terms of relationships in the science and innovation sphere, and analyzing the specificity of formation of these incomes in conditions of contemporary innovation economy. The content of the category of «rent» as a form of income arising from the relationship of at least three entities has been revised; in the case of a scientific-innovation rent, it is the holder of a patent or a license holder, an industrial capitalist or an employee who creates a new or improved product; in some cases, the fourth entity of rent may be a hired researcher. In this relationship, the additional income earned by entrepreneurs in the event of commercial success has been defined as technological (innovation) quasi-rent, which can change inversely proportional to the scientific-innovation rent. It has been proved that countries with innovation economies, acting as the main recipients of scientific-innovation rents, may concede to the technological quasi-rent of the less developed countries, in particular, to China. |
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| ISSN: | 2222-4459 2311-116X |