ABOUT THE APPROACH AND METHOD OF DETERMINING THE VALUE OF ROYALTIES FOR THE DEVELOPMENT OF MINERALS
All business entities, regardless of their form of ownership, must obey established rules, when paying for the right to use licenses for inventions, renting films, publishing books, products, patents, innovations. The calculation of the amount of payment is carried out in accordance with the bilater...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Publishing House of the State University of Management
2019-10-01
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| Series: | Вестник университета |
| Subjects: | |
| Online Access: | https://vestnik.guu.ru/jour/article/view/1724 |
| _version_ | 1797243935757697024 |
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| author | V. M. Serov N. A. Moiseenko |
| author_facet | V. M. Serov N. A. Moiseenko |
| author_sort | V. M. Serov |
| collection | DOAJ |
| description | All business entities, regardless of their form of ownership, must obey established rules, when paying for the right to use licenses for inventions, renting films, publishing books, products, patents, innovations. The calculation of the amount of payment is carried out in accordance with the bilateral agreement. Calculating royalties, based on profits earned by an enterprise, has certain disadvantages. Many of the most diverse factors affect the volume of profit. The author’s approach and the method of determining the value of royalties for the development of mineral resources have been explained in the article. Their basis consists of: determining the value of economic rent as a result of the extraction and sale of mineral resources; ensuring, that mining companies receive income on their production capital at a level not lower than the average for the country’s economy as a whole. |
| first_indexed | 2024-03-08T04:21:31Z |
| format | Article |
| id | doaj.art-9b70f35d41aa491b8e3d06f27e93b5b2 |
| institution | Directory Open Access Journal |
| issn | 1816-4277 2686-8415 |
| language | English |
| last_indexed | 2024-04-24T19:03:01Z |
| publishDate | 2019-10-01 |
| publisher | Publishing House of the State University of Management |
| record_format | Article |
| series | Вестник университета |
| spelling | doaj.art-9b70f35d41aa491b8e3d06f27e93b5b22024-03-26T14:23:00ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152019-10-010913113410.26425/1816-4277-2019-9-131-1341495ABOUT THE APPROACH AND METHOD OF DETERMINING THE VALUE OF ROYALTIES FOR THE DEVELOPMENT OF MINERALSV. M. Serov0N. A. Moiseenko1State University of ManagementState University of ManagementAll business entities, regardless of their form of ownership, must obey established rules, when paying for the right to use licenses for inventions, renting films, publishing books, products, patents, innovations. The calculation of the amount of payment is carried out in accordance with the bilateral agreement. Calculating royalties, based on profits earned by an enterprise, has certain disadvantages. Many of the most diverse factors affect the volume of profit. The author’s approach and the method of determining the value of royalties for the development of mineral resources have been explained in the article. Their basis consists of: determining the value of economic rent as a result of the extraction and sale of mineral resources; ensuring, that mining companies receive income on their production capital at a level not lower than the average for the country’s economy as a whole.https://vestnik.guu.ru/jour/article/view/1724royaltieseconomic rentmineralscost of extractionprofitability of production capital |
| spellingShingle | V. M. Serov N. A. Moiseenko ABOUT THE APPROACH AND METHOD OF DETERMINING THE VALUE OF ROYALTIES FOR THE DEVELOPMENT OF MINERALS Вестник университета royalties economic rent minerals cost of extraction profitability of production capital |
| title | ABOUT THE APPROACH AND METHOD OF DETERMINING THE VALUE OF ROYALTIES FOR THE DEVELOPMENT OF MINERALS |
| title_full | ABOUT THE APPROACH AND METHOD OF DETERMINING THE VALUE OF ROYALTIES FOR THE DEVELOPMENT OF MINERALS |
| title_fullStr | ABOUT THE APPROACH AND METHOD OF DETERMINING THE VALUE OF ROYALTIES FOR THE DEVELOPMENT OF MINERALS |
| title_full_unstemmed | ABOUT THE APPROACH AND METHOD OF DETERMINING THE VALUE OF ROYALTIES FOR THE DEVELOPMENT OF MINERALS |
| title_short | ABOUT THE APPROACH AND METHOD OF DETERMINING THE VALUE OF ROYALTIES FOR THE DEVELOPMENT OF MINERALS |
| title_sort | about the approach and method of determining the value of royalties for the development of minerals |
| topic | royalties economic rent minerals cost of extraction profitability of production capital |
| url | https://vestnik.guu.ru/jour/article/view/1724 |
| work_keys_str_mv | AT vmserov abouttheapproachandmethodofdeterminingthevalueofroyaltiesforthedevelopmentofminerals AT namoiseenko abouttheapproachandmethodofdeterminingthevalueofroyaltiesforthedevelopmentofminerals |