Currently, no-one doubts the relevance of the topic of innovation development of the Russian economy. One of the problems that hinder the development in this area is the lack of methodology for determining the output data on innovative projects that are necessary for making economic decisions by a specific economic entity. The aim of this research is to develop general principles for determining the economic effect of innovation projects. Our studies revealed that the purpose for which an innovation project is carried out plays a key role in determining the economic effect of this project. Such purpose may be to launch a new product, a new service or to sell old products or provide services in a new way, to reduce cost of production or services, or to improve their quality. To determine the economic impact of innovation, as a rule, one has to compare the amounts of revenues and expenses. The main criterion for the distribution of the costs for current and innovation activities is the absence of the routine, standard component characteristic of ordinary activities. The procedure for dividing revenues into the innovation and the current component depends on the factor of achieving economic benefits of the project. Such factors may include selling price, sales volume and the cost of producing, selling or after-sales service of innovative products. These factors may act individually or jointly.
|
