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Methods and Mathematical Models of Innovation Project Appraisal

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Abstract

In order to provide safety of financial investments in the conditions of information uncertainty the development of methods and mathematical models used to assess innovation projects is a strategically oriented innovation which enables every project to switch to the new expertise level with application of advanced information technologies. The role of risk-management and qualitative project assessment becomes more important if the project is innovative. It is the innovativeness of development that is one of the main priorities of the economic program of our country. A complex method of assessment of innovation projects and its graphic model based on such parameters as innovation, competitiveness and reduced net cost of a project enables to make complex assessment of innovation projects on the vase of absolute positioning. The methods and mathematical models presented in this chapter can be used by expert commissions of venture funds, development institutes and other potential investors to assess innovation projects.

Keywords

Cash Flow Investment Project Innovation Project Payback Period Innovative Project 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag Berlin Heidelberg 2015

Authors and Affiliations

  1. 1.Al-Farabi Kazakh National UniversityAlmatyKazakhstan

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