Proceedings of the International Conference on Trends of Technologies and Innovations in Economic and Social Studies 2017

Methodical bases of forecasting volume of investments in innovative projects

Authors
Stepan Mezhov, Evgeny Shvakov
Corresponding Author
Stepan Mezhov
Available Online June 2017.
DOI
10.2991/ttiess-17.2017.70How to use a DOI?
Keywords
Innovations, modelling, strategy, multiplier, funding of innovative processes, net present value adjustment
Abstract

Modern research, devoted to the transition of the Russian economy, to an innovative path of development, lacks the theoretical elaboration on the problems of formation of tools and mechanisms to improve management of modern innovation-oriented corporations based on new methodologies and methods. The article offers a scientific and methodological approach to assessing the efficiency of innovative projects which develops and supplements the theoretical bases of innovative projects analysis through the accounting of recursive dependence of investments on such factors of innovative process as (1) the constructive complexity of the product, (2) the number of stages of the innovative process and (3) the innovative capacity of the enterprise. It is also proposed to introduce an adjustment factor (multiplier) to reflect the causal connection between the net present value of innovative projects and the abovementioned factors of innovative process and to improve the accuracy of calculation of cash flows under the project, linking the assessments with the certain stages of the project and the corporate capacity. This will reduce the overall integral risk of project implementation for potential investors.

Copyright
© 2017, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

Volume Title
Proceedings of the International Conference on Trends of Technologies and Innovations in Economic and Social Studies 2017
Series
Advances in Economics, Business and Management Research
Publication Date
June 2017
ISBN
10.2991/ttiess-17.2017.70
ISSN
2352-5428
DOI
10.2991/ttiess-17.2017.70How to use a DOI?
Copyright
© 2017, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Stepan Mezhov
AU  - Evgeny Shvakov
PY  - 2017/06
DA  - 2017/06
TI  - Methodical bases of forecasting volume of investments in innovative projects
BT  - Proceedings of the International Conference on Trends of Technologies and Innovations in Economic and Social Studies 2017
PB  - Atlantis Press
SP  - 422
EP  - 428
SN  - 2352-5428
UR  - https://doi.org/10.2991/ttiess-17.2017.70
DO  - 10.2991/ttiess-17.2017.70
ID  - Mezhov2017/06
ER  -