Improvement of approaches to evaluating the effectiveness of innovation

Pedersen Irina A. ()
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Pedersen Irina A.: Makiyivka Institute of Economics and Humanities

The Problems of Economy, 2012, issue 3, 192_195

Abstract: The paper proposes an improved system of methodological approaches to evaluating the effectiveness of innovation. The approaches proposed by the author involve the use of a sufficient number of indicators that comprehensively demonstrate the effectiveness of the implementation of an innovation and its economic impact on the company. They also involve the application of the discount rate in calculations, the account of the impact of inflation and the risk to the effectiveness of innovation, the calculation of indicators of financial condition of the company.

Keywords: effectiveness of innovation; rate of return; discounting; net reduced income; return on investment; profitability index (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:idp:redpoe:y:2012:i:3:p:192_195

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