Economic assessment of knowledge-based projects

G.V.Bobylev, A.V. Kuznetzov and M.M. Morozova

Journal "Region: Economics and Sociology", 2007, vol. 2

Abstract: Having used a real-option-method, the authors assess the contribution of the new high technology mega-projects to GNP growth. The paper analyzes the innovative potential of standard projects through evaluating their commercial and social effectiveness. The paper also considers the approach to the distribution of the net present value in different economic sectors obtained by implementing the projects. The authors calculate the multiplier of direct and second-order effects that allow assessing a growth of the gross value added per unit of the investments made into the projects.

Date: 2007
Note: Theoretical Issues of Regional Economics
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Persistent link: https://EconPapers.repec.org/RePEc:nos:regioe:2007-2_1

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