Abstract

In the current economic conditions, the innovation project value assessment is a driving force of innovation system development of high-tech enterprises. Innovation projects value assessment is a crucial determinant of technologically advanced industrial enterprises competitiveness in the world market. Therefore it is important to identify the factors that influence on selection of innovation project value assessment methodology for high-tech enterprises. The aim of this paper is to select the innovation project value assessment methodology for high-tech enterprises, that would satisfy their features and to offer the approaches to innovation project value assessment in case of unsuitability of reviewed methodologies. The analytic hierarchy process and fuzzy inference method is used as methods of decision-making in this paper.

Highlights

  • The founder of classical theory of innovation J

  • According to [2, 10-17] it can be stated that every high- tech enterprise is an innovative company; not every innovative company is a high-tech one

  • It is important to identify the factors that influence on selection of innovation project value assessment methodology for high-tech enterprises

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Summary

Introduction

The founder of classical theory of innovation J. According to [2, 10-17] it can be stated that every high- tech enterprise is an innovative company; not every innovative company is a high-tech one. Considering the differences between the high-tech enterprises and innovative companies, it is necessary to outline whether the high-tech enterprises are producers/creators of advanced technologies or rather a users, commonly applying such technologies. From our point of view , a "fusion" approach should be used in this case, as high- tech enterprises usually produces advanced technologies, so that it could be used in their products and (or) services. High- tech enterprises have their own R&D units that produce advanced technologies. Innovation projects value assessment is a crucial determinant of technologically advanced industrial enterprises competitiveness in the world market. It is important to identify the factors that influence on selection of innovation project value assessment methodology for high-tech enterprises

The review of innovation project value assessment approaches
Innovation project value assessment methodology
Conclusion
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