GLOBAL BRANDS UNDER THE INFLUENCE OF COVID-19

The development of modern business depends to a large extent on the ability of companies to compete. More and more companies engage resource in creating a unique product capable of satisfying and the most demanding users. The protection of these products of unlawful use is carried out through intell...

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Main Author: V. Nikolova-Minkova
Format: Article
Language:English
Published: Trakia University 2021-11-01
Series:Trakia Journal of Sciences
Subjects:
Online Access:http://tru.uni-sz.bg/tsj/Volume%2019,%202021,%20Supplement%201,%20Series%20Social%20Sciences/2%20sekcia/formatirani/14.pdf
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author V. Nikolova-Minkova
author_facet V. Nikolova-Minkova
author_sort V. Nikolova-Minkova
collection DOAJ
description The development of modern business depends to a large extent on the ability of companies to compete. More and more companies engage resource in creating a unique product capable of satisfying and the most demanding users. The protection of these products of unlawful use is carried out through intellectual property sites which are defined as intangible assets. Objects of scientific interest in this study are trademarks as an intangible asset that, through the use of marketing tools, turn into powerful brands for billions of dollars. The purpose of this article is to present the change in the value of world brands under the influence of COVID19. By using empirical methods (study, comparison and analysis of expert assessments), the paper clarifies the role of intangible assets for the competitiveness of companies and the importance of trademarks and brands as a competitive advantage. The results of the study show predictions about the most valuable global brands for 2021. In conclusion, the role of trademark and brands for society as a whole and in particular for consumers is summarized.
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spelling doaj.art-bfc4ee08d6734daf8ff24c4f0cbfe6cc2022-12-21T21:34:08ZengTrakia UniversityTrakia Journal of Sciences1313-35512021-11-0119Suppl. 19910610.15547/tjs.2021.s.01.014GLOBAL BRANDS UNDER THE INFLUENCE OF COVID-19V. Nikolova-MinkovaThe development of modern business depends to a large extent on the ability of companies to compete. More and more companies engage resource in creating a unique product capable of satisfying and the most demanding users. The protection of these products of unlawful use is carried out through intellectual property sites which are defined as intangible assets. Objects of scientific interest in this study are trademarks as an intangible asset that, through the use of marketing tools, turn into powerful brands for billions of dollars. The purpose of this article is to present the change in the value of world brands under the influence of COVID19. By using empirical methods (study, comparison and analysis of expert assessments), the paper clarifies the role of intangible assets for the competitiveness of companies and the importance of trademarks and brands as a competitive advantage. The results of the study show predictions about the most valuable global brands for 2021. In conclusion, the role of trademark and brands for society as a whole and in particular for consumers is summarized.http://tru.uni-sz.bg/tsj/Volume%2019,%202021,%20Supplement%201,%20Series%20Social%20Sciences/2%20sekcia/formatirani/14.pdfintangible assetstrademarkbrandspandemic covid-19
spellingShingle V. Nikolova-Minkova
GLOBAL BRANDS UNDER THE INFLUENCE OF COVID-19
Trakia Journal of Sciences
intangible assets
trademark
brands
pandemic covid-19
title GLOBAL BRANDS UNDER THE INFLUENCE OF COVID-19
title_full GLOBAL BRANDS UNDER THE INFLUENCE OF COVID-19
title_fullStr GLOBAL BRANDS UNDER THE INFLUENCE OF COVID-19
title_full_unstemmed GLOBAL BRANDS UNDER THE INFLUENCE OF COVID-19
title_short GLOBAL BRANDS UNDER THE INFLUENCE OF COVID-19
title_sort global brands under the influence of covid 19
topic intangible assets
trademark
brands
pandemic covid-19
url http://tru.uni-sz.bg/tsj/Volume%2019,%202021,%20Supplement%201,%20Series%20Social%20Sciences/2%20sekcia/formatirani/14.pdf
work_keys_str_mv AT vnikolovaminkova globalbrandsundertheinfluenceofcovid19