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PROBLEMS OF MODERN ECONOMICS, N 3 (75), 2020
FINANCE AND CREDIT SYSTEM: BUDGET, CURRENCY AND CREDIT REGULATION OF ECONOMY, INVESTMENT RESOURCES
Voronov V. S.
Chair of Corporate Finances and Business Valuation, St. Petersburg State University of Economics, PhD (Economics), Professor
Davydov V. D.
PhD student, St. Petersburg State University of Economics

Digital intellectual assets of copyright as objects of investment
(Russia, St. Petersburg)
The article analyzes investment opportunities related to the use of digital intellectual assets of copyright. This is the first attempt to conceptualize assets of this type from the point of view of the so-called Howey Test, used for the analysis of investment contracts and financial tools in American and international practice. The authors focus on the interaction between individual investors with market intermediaries that support investment process and analyzes investment features of digital intellectual assets, including that of inertness. The article concludes that digital intellectual assets satisfy criteria of belonging to investment activity and may be viewed as a new promising investment resource.
Key words: investment, investment process, risk, Howey Test, digital intellectual assets
Pages: 132 - 136



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