Assessment of the results of organizations' innovation activity considering the time factor

Sizova O.V.1, Shishkina A.V.1
1 Ивановский государственный химико-технологический университет

Journal paper

Russian Journal of Innovation Economics (РИНЦ, ВАК)
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Volume 7, Number 2 (April-June 2017)

Citation:

Indexed in Russian Science Citation Index: https://elibrary.ru/item.asp?id=29925516
Cited: 12 by 07.12.2023

Abstract:
In these latter days most large and medium-sized enterprises carry out innovation activity in Russia. It’s not sort of a tribute to fashion or imitation of competitors, it is a way of survival in the market. Researches are not always profitable, especially in the early development stages. That’s why it is important to consider the time lag after which the innovation costs will pay off. It is obvious that the depth of researches and their fields affect very much the innovation lag. It is also obvious that the number of organizations that carried out the scientific research and the costs of these studies should affect the number of created innovations. We carried out a statistical analysis of the above-listed assumptions, and as a result of which we came to unexpected and ambiguous conclusions.

Keywords: innovation activity, time lag, result of innovation, innovation lag

JEL-classification: O31, O30, O39

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