The Life Cycle of an Industrial Technology as an Object of Modelling and Control

Vladimir N. Kononov, Yevgenia S. Zambrzhitskaya and Maksim V. Kharchenko
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Vladimir N. Kononov: Nosov Magnitogorsk State Technical University
Yevgenia S. Zambrzhitskaya: Nosov Magnitogorsk State Technical University
Maksim V. Kharchenko: Nosov Magnitogorsk State Technical University

Journal of New Economy, 2018, vol. 19, issue 3, 137-150

Abstract: The research aims to generalise about and systematise the issues of modelling of industrial technolo? gies’ life cycles for the purposes of forecasting and controlling them. The paper clarifies the concept of industrial technology life cycle and treats it as a sequence of development stages from the moment of conception to the point of disuse. The authors examine approaches to modelling of industrial technolo? gies’ life cycles and identify possibilities to apply the results of modelling of industrial technologies’ life cycles in practice. The researchers demonstrate that the approaches based on designing s-shaped curves and graphs of accumulated effect (financial result) are the most convenient to control the life cycles of industrial technologies

Keywords: technology life cycle; life cycle modelling; control of industrial technology life cycle; in? dustrial technologies; logistic function; stages of life cycle. (search for similar items in EconPapers)
JEL-codes: C02 O32 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:url:izvest:v:19:y:2018:i:3:p:137-150

DOI: 10.29141/2073-1019-2018-19-3-12

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