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MODELING THE INNOVATIVE DEVELOPMENT OF THE FIRM

DOI: 10.46573/2658-5030-2023-2-49-64

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Authors

S.A. BARKALOV, Dr. Sc., I.V. BURKOVA, Dr. Sc., P.N. KUROCHKA, Dr. Sc., E.A. SEREBRYAKOVA, Сand. Sc.

Abstract

The article considers issues related to the innovative development of the firm. It is emphasized that the period of existence of any innovation is determined by its life cycle, during which different actions are required from the enterprise: at the stage of initiation and development - investment of funds, at other stages of the successful implementation of innovation there is a return on investment and profit. There is a situation when most enterprises simultaneously implement several innovations. As a consequence, maximum investments can be required in several projects, and almost simultaneously, which can lead the enterprise to financial difficulties. To avoid this situation, it is necessary at the planning stage to determine as precisely as possible the timing of the beginning and end of the stages of implementation of innovation. On the example of the introduction of innovative enclosing structures in the construction of residential buildings of higher storey the problem of determining the time parameters on the stages of implementation of the process of implementing the developed innovation is considered.

Keywords

innovative development of a firm, generation of innovation development, innovation life cycle, enclosing structures, models of innovation generations, prediction of the duration of the innovation life cycle.