New Forms of Capital in the Context of Digitalization of the Industrial Sector

Oksana Butorina and Yulia Starodumova
Additional contact information
Oksana Butorina: Perm National Research Polytechnic University
Yulia Starodumova: Perm National Research Polytechnic University

A chapter in The Future of Industry, 2024, pp 163-173 from Springer

Abstract: Abstract In the study, digital transformation of the industrial sector is considered as an adjustment the internal processes of an enterprise based on the use of digital technologies, which aimed at ensuring innovation to increase competitive advantages, profitability, and the efficiency of resource management. The objectivity of this process serves as the basis for creating new forms of capital. Informatization as a conjunctural process of digital transformation and the transition to the next megacycle underlie of the author’s interpretation of the monetary and information forms of capital. Based on a bibliographic analysis of the digital transformation of the industrial sector and information and intellectual forms of capital, a close relationship was proven between the creation of new forms of capital, primarily in the industrial sector, ICT development and intellectualization of economic activities. The distinctive features of the monetary-information form of capital were determined. It is necessary to highlight the close relationship with the ICT sector and the intellectualization of economic activity, which underlie the formation of a new system of socio-economic relations that transform the system of traditional resources for production, as well as a new self-increasing value for income rise, structurally including knowledge capital, human capital, organizational capital and other minor components of intangible capital. The results obtained can become the basis for further research into the processes of capital transformation in modern conditions.

Keywords: Digital transformation; Industrial sector; Intellectualization; Opportunism; Capital (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:lnichp:978-3-031-66801-2_11

Ordering information: This item can be ordered from
http://www.springer.com/9783031668012

DOI: 10.1007/978-3-031-66801-2_11

Access Statistics for this chapter

More chapters in Lecture Notes in Information Systems and Organization from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().