The transfer profi tability management model for a joint international science–intensive project

The article studies the features of high-tech industries as a locomotive of national economy, vertical production integration, joint international projects and their advantages in the current political situation and also total profits distribution of the companies implementing a joint project. The objective of the paper is to work out the methods to increase the profitability of joint international projects and construction of the set of economic and mathematical models for calculating transfer prices, representing the mechanism for the total profits of a joint international project to be distributed between its participants. The author proposes to emphasize the following methodological approaches: the basic assumptions of firm theory, international financial reporting standards (IFRS), linear optimization methods, iterative algorithms for nonlinear equations and their convergence based on fixed point theorem, labor unit costs model assessment, with learning curve effect being applied. The results of the work contribute to managing the profitability of a joint international project based on the developed model complex for the formation of transfer prices and also show the leading role of aerospace industry and nuclear energy in the development of national economy, and can be applied in forming business plans of joint international projects. It is concluded that attracting foreign investments in high-tech, science-intensive industries of the Russian economy in the format of joint international projects for the production of new-generation products provides access to modern technologies, increases the workload of related domestic industries.