DETERMINATION OF THE LEVEL OF DEVELOPMENT OF INTANGIBLE PROPERTY IN A GLOBALIZING WORLD

The level of non-material development of the country depends on many indicators, such as the degree of development of human, social and reputational capital, the degree of development of relations of intangible property. However, at present, there is no quantitative assessment of the presented factors. Intangible assets are the only indicator that is regularly quantitatively taken into account in the countries of Russia. We have compiled a regression dynamic model of panel data, based on which it was revealed, that the relationship between the volume of intangible assets and the nominal wage level, the number of personnel engaged in research and development is significant. We obtained the coefficients that we will use to compile the rating. 69 countries participated in the survey. A check on F-statistics showed that the model is statistically significant. Therefore, these indicators can be taken into account when compiling a rating of the country by the level of development of intangible property. The received data testify that intangible assets reflect only a small part of objects of non-material property. Unidentified, client capital, social, reputational and information capital are not always subject to commercialization, as they do not meet the requirements of the Russian Accounting Standards. The proposed methodology for determining the level of non-materially developed countries can be adapted to assess the intangible development of countries. The obtained ratings allow analyzing the interaction of non-material development with other indicators and developing strategies aimed at strengthening the intangible development of the territories.