Perspective directions of state regulation of competition between human and artificial intellectual capital in Industry 4.0

Abstract

Purpose

The purpose of the research is to determine the perspective directions of state regulation of competition between human and artificial intellectual capital in Industry 4.0 and to develop scientific and methodological recommendations for their implementation. For this, the directions of state regulation of competition between human and artificial intellectual capital are described, monitoring of competition between human and artificial intellectual capital by the example of modern Russia (2019) is performed and scientific and practical recommendations for state regulation of competition between human and artificial intellectual capital are developed, with their approbation by the example of modern Russia (2019).

Design/methodology/approach

A method of expert evaluation is used for collection of the information and empirical data. The method of comparative analysis is used for comparing the successfulness of implementing the distinguished directions of state regulation of competition between human and artificial intellectual capital (4.1) according to the official statistics to their current evaluation according to the interested parties. Also, future evaluation (forecasts) according to the interested parties (until 2045) is determined.

Findings

It is substantiated that during evaluation of state regulation of competition between human and artificial intellectual capital in Industry 4.0, one cannot use only the official statistics, as these data are fragmentary and indirect. Fuller and more precise data are provided by assessment according to the interested parties. They allow determining the current and the future state of affairs and, based on it, compiling a forecast and developing a long-term strategy of state regulation of competition between human and artificial intellectual capital in Industry 4.0.

Originality/value

The perspective directions of state regulation of competition between human and artificial intellectual capital in Industry 4.0 are as follows: stimulation of competition in the market of intellectual capital, social risk management of the market of intellectual capital, managing international competition in the market of intellectual capital and ecological risk management of the intellectual capital market. As the experience of modern Russia shows, even at the initial stage of transition to Industry 4.0, the measures of state regulation of competition between human and artificial intellectual capital are not enough, but their deficit is moderate. In the course of development of Industry 4.0, the necessity for the measures of regulation will grow, and their deficit will increase. That's why there's a need for strategic approach to their implementation, which envisages their systemic reconsideration and supplementing. An author's algorithm is offered for this.

Citation

Bogoviz, A.V. (2020), "Perspective directions of state regulation of competition between human and artificial intellectual capital in Industry 4.0", Journal of Intellectual Capital, Vol. 21 No. 4, pp. 583-600. https://doi.org/10.1108/JIC-11-2019-0270