Methods for assessing the economic efficiency of innovative dual-use products

Evgeny Khrustalev, Alexey Omelchenko and Oleg Khrustalev

MPRA Paper from University Library of Munich, Germany

Abstract: Many important problems for the domestic defense industrial sector can be solved by the development and practical implementation of market mechanisms that allow the commercial sale of innovative dualuse products. The article proposes methods for assessing the effectiveness of innovative dual-use products transferred to the civil sector. In order to conduct an economic assessment, the authors investigated the current methodology state of military-economic analysis for the products created by defense enterprises and proposed the basics of tools for determining limit prices for dual-use goods and technologies, a methodology for their expert evaluation based on clustering, and also assessed the scientific and technical potential of such products. The main results of the study are presented both conceptually and in detail for some of the most important specific applications.

Keywords: defense industrial sector; market mechanism; production business; diversification; sanctions; extra-budgetary financing; innovations; innovative dual-use products; INNOVATIVE military-economic analysis; clustering; scientific and technical potential. (search for similar items in EconPapers)
JEL-codes: M21 O25 O32 (search for similar items in EconPapers)
Date: 2023-12-15, Revised 2023-12-15
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Published in Polythematic network electronic scientific journal of KubSAU 192 (2023): pp. 220-239

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:119484

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