Accounting and Analytical Support of the Intellectual Property Objects Commercialization

Halyna Umantsiv and Iryna Martyniv ()
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Halyna Umantsiv: Kyiv National University of Trade and Economics, Kyiv, Ukraine
Iryna Martyniv: Kyiv National University of Trade and Economics, Kyiv, Ukraine

Oblik i finansi, 2019, issue 3, 55-61

Abstract: Activation of innovative activity at enterprise significantly influences the increase of its income by organization an effective process of the intellectual property objects commercialization. The fulfillment of innovative projects by the enterprises, which are not the traditional production, causes the emergence of new accounting objects related to the intellectual property objects commercialization. The economic and legal nature of the intellectual property objects commercialization requires its scientifically substantiated identification as the accounting object in order to increase the level of adequacy and transparency of information support for managing the business processes of the enterprise. The purpose of the article is to develop the system of accounting and analytical support for the intellectual property objects commercialization, which will allow to generate managerial decisions on the implementation of business projects in the sphere of innovative activity. Based on the accounting paradigm, it was established that the commercialization of intellectual property is an independent accounting object. The analysis of the conceptual principles of development of accounting methodology allowed us to formulate author's definition of accounting and analytical support for the intellectual property objects commercialization. It was proved that the process of commercialization of intellectual property as an independent accounting object requires the development of a system of accounting and analytical support that will allow to generate managerial decisions on the implementation of business projects in the field of innovation. The complex accounting and analytical system of the intellectual property objects commercialization is based on the system-oriented approach, which involves the interconnection and hierarchy of elements of accounting and analysis subsystems. Provided in the article provisions forms the basis for the development of organizational and methodological principles of accounting and analysis of intellectual property objects involved in economic turnover.

Keywords: intellectual property; innovative activity; intellectual property objects commercialization; strategy of intellectual property objects commercialization; accounting and analytical support (search for similar items in EconPapers)
JEL-codes: D83 M41 O32 (search for similar items in EconPapers)
Date: 2019
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