Methods of assessing the efficiency of innovation activities of industrial enterprises

The purpose of this study is to improve the methods for assessing the efficiency of innovation activity of an enterprise. The paper proposes a system of economic indicators to assess the market attractiveness of innovation projects and the readiness of the enterprise to implement them. Using these i...

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Main Authors: Voytolovskiy Nikolay, Butyrin Andrey, Chizhik Andrey
Format: Article
Language:English
Published: EDP Sciences 2019-01-01
Series:MATEC Web of Conferences
Online Access:https://www.matec-conferences.org/articles/matecconf/pdf/2019/14/matecconf_gccets2018_07029.pdf
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author Voytolovskiy Nikolay
Butyrin Andrey
Chizhik Andrey
author_facet Voytolovskiy Nikolay
Butyrin Andrey
Chizhik Andrey
author_sort Voytolovskiy Nikolay
collection DOAJ
description The purpose of this study is to improve the methods for assessing the efficiency of innovation activity of an enterprise. The paper proposes a system of economic indicators to assess the market attractiveness of innovation projects and the readiness of the enterprise to implement them. Using these indicators, it is possible to predict the potential of an innovative product on the market, as well as to determine the financial and economic opportunities of the enterprise. The presented methods for assessing the impact of innovations on the development efficiency of the enterprise’s economic activities allow determining the growth rates of the main economic indicators of the organization. The developed mechanism for a comprehensive assessment of the implementation of innovations at the enterprise allows determining the commercial effectiveness of the introduction of innovations and the impact of new technologies on the intercompany results of the enterprise, resulting in the possibility of taking into account the commercial and intercompany efficiency of investment in projects.
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spelling doaj.art-848b67bc042a4853a2b1256e3a6582aa2022-12-21T17:25:57ZengEDP SciencesMATEC Web of Conferences2261-236X2019-01-012650702910.1051/matecconf/201926507029matecconf_gccets2018_07029Methods of assessing the efficiency of innovation activities of industrial enterprisesVoytolovskiy Nikolay0Butyrin Andrey1Chizhik Andrey2Sankt-Petersburg State Economic UniversityMoscow State University of Civil EngineeringMoscow Aviation InstituteThe purpose of this study is to improve the methods for assessing the efficiency of innovation activity of an enterprise. The paper proposes a system of economic indicators to assess the market attractiveness of innovation projects and the readiness of the enterprise to implement them. Using these indicators, it is possible to predict the potential of an innovative product on the market, as well as to determine the financial and economic opportunities of the enterprise. The presented methods for assessing the impact of innovations on the development efficiency of the enterprise’s economic activities allow determining the growth rates of the main economic indicators of the organization. The developed mechanism for a comprehensive assessment of the implementation of innovations at the enterprise allows determining the commercial effectiveness of the introduction of innovations and the impact of new technologies on the intercompany results of the enterprise, resulting in the possibility of taking into account the commercial and intercompany efficiency of investment in projects.https://www.matec-conferences.org/articles/matecconf/pdf/2019/14/matecconf_gccets2018_07029.pdf
spellingShingle Voytolovskiy Nikolay
Butyrin Andrey
Chizhik Andrey
Methods of assessing the efficiency of innovation activities of industrial enterprises
MATEC Web of Conferences
title Methods of assessing the efficiency of innovation activities of industrial enterprises
title_full Methods of assessing the efficiency of innovation activities of industrial enterprises
title_fullStr Methods of assessing the efficiency of innovation activities of industrial enterprises
title_full_unstemmed Methods of assessing the efficiency of innovation activities of industrial enterprises
title_short Methods of assessing the efficiency of innovation activities of industrial enterprises
title_sort methods of assessing the efficiency of innovation activities of industrial enterprises
url https://www.matec-conferences.org/articles/matecconf/pdf/2019/14/matecconf_gccets2018_07029.pdf
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