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Economic Analysis: Theory and Practice
 

Improving the methods of statistical evaluation of innovation activity results

Vol. 15, Iss. 9, SEPTEMBER 2016

PDF  Article PDF Version

Received: 13 April 2016

Received in revised form: 12 May 2016

Accepted: 31 May 2016

Available online: 29 September 2016

Subject Heading: ECONOMIC ADVANCEMENT

JEL Classification: С40, E22, G12

Pages: 16-26

Matveev V.A. National Research Lobachevsky State University of Nizhny Novgorod, Nizhny Novgorod, Russian Federation
super.vma@yandex.ru

Ovcharov A.O. National Research Lobachevsky State University of Nizhny Novgorod, Nizhny Novgorod, Russian Federation
anton19742006@yandex.ru

Subject The article considers the mechanisms to measure innovation performance in statistical studies.
Objectives The main purpose is to provide a rationale for practical application of updated methods of statistical evaluation of innovation activity results.
Methods The study draws on the general scientific methods of analysis, comparison, generalization, and special statistical methods for economic data processing.
Results The paper shows the role of methods of objective statistical evaluation in practical activities involving the creation and implementation of innovation. We revealed certain problems related to inefficient application of the methodology for calculating the cost of acquisition and disposal of tangible and intangible objects of fixed capital, proved inefficient use of methods for replacement cost computation and the need for their improvement. We also refined and systematized the system of indicators of innovation activities, developed a unique method for calculating the market value of fixed capital objects on the basis of official statistical data and expert estimates.
Conclusions There is a need to increase the role of market component when assessing the value of fixed assets, to use improved methods to determine their fair value, and to apply a supplemented system of quantitative statistical characteristics of innovation activities. These measures should become a significant factor in improving the socio-economic stability.

Keywords: innovation, fixed capital, replacement cost, statistical evaluation

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