Home  Journals  Finance and Credit  4(532) - 2013 January

Economic assessment of the level of innovation development based on application of multi-criteria method of vector optimization

Available online: 3 February 2013

Subject Heading: INNOVATION POTENTIAL

JEL Classification: 

A method for assessing the economic conditions and the level of innovation of enterprises on the basis of multi-criteria method of vector optimization and building systems-hierarchical model that includes six integrated groups of indicators of financial and economic condition of the organization, the internal resource capabilities, innovation-oriented financial component of the company the stability of innovative development and effectiveness of existing on-farm innovation. The results of the evaluation of the proposed procedure a number of Russian industrial enterprises, as the causes of the financial and economic problems, which, in turn, have a negative impact on the development of innovative organizations.

Keywords: innovation, innovative development, method of evaluation of economic conditions and level of innovative development, multi-criteria vector optimization, system-hierarchical model, integrated indicator

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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