Summary of the seminar on the intangible value of enterprises – 27/02/2018, Krakow

Summary of the seminar on the intangible value of enterprises – 27/02/2018, Krakow

In preparation for the third Open Eyes Summit Economy Summit on February 27th, at the University of Economics in Krakow, the seminar “Firm-Idea: Intangible value of enterprises” was held. This subject was analyzed from various perspectives: economic, legal, accounting, cultural and sociological. The main axis of the meeting was the search for ways to overcome the crisis of capitalism, in which intangible assets, although abundant, do not contribute sufficiently to broadly understood prosperity, but are a source of new problems and deepen the existing ones.

The first analysis was the speech of dr hab. Jan Sowa, who drew attention to the problems resulting from the privatization of benefits and making costs public. Then, Dr. Bartłomiej Biga talked about the intangible tragedy of abundance, which is one of the main problems in today’s economy. It results mainly from the non-adaptation of the demand for intangible goods to their supply and treating this category of resources in a proper way to the arms race. Piotr Pacewicz from Assa Abloy Poland presented the technical possibilities of using blockchain technology and Public Key Infrastructure for the implementation of targeted diffusion of intangible resources, which is a prelude to the practical applications of the Firm-Idea in this area.

The second part was devoted to the measurement of intangible assets. This is the effect of the initial work to expand the accounts of enterprises so that it can better reflect different types of values. This was the theme of the speech of dr hab. Konrad Grabiński, delivered after the introduction to the subject of intellectual capital accounting by Dr. Justyna Fijałkowska. One of the elements of these activities is the creation of the Firm-Idea index, which was reported by dr hab. Marcin Kędzior and Jakub Głowacki.

In the summary prof. dr hab. Jerzy Hausner pointed out that one of the thematic blocks of the third Open Eyes Economy Summit will be accounting in the context of producing various categories of values. The February seminar was supposed to be the opening of this subject and the first attempt to seek answers to key questions.