Forecasting the life cycle of innovation, taking into account the impact of inflation
Klescheva O.A.1
1 Казанский государственный архитектурно-строительный университет, Russia
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Journal paper
Russian Journal of Innovation Economics (РИНЦ, ВАК)
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Volume 8, Number 3 (July-September 2018)
Indexed in Russian Science Citation Index: https://elibrary.ru/item.asp?id=36388236
Cited: 7 by 28.06.2023
Abstract:
At the moment, the problem of justifying innovative projects is becoming especially urgent. Enterprises and organizations need to know the amount of return on invested capital for decades to come. Of particular interest is the forecasting of cash flows from the implementation of innovative projects, as in Russia there is a great potential for growth of innovative activity of organizations. In the process of forecasting the life cycle of innovation for a long-term period, the main issues are forecasting demand and inflation. The article solves the problem of forecasting inflation in the calculation of the life cycle of innovation. As a result of the analysis, a regression model of inflation forecasting was proposed. The conclusions stated in the article can be used in practice in the process of forecasting the life cycle of innovation.
Keywords: innovation, life cycle of the innovation project, forecasting of inflation
JEL-classification: O31, O33, O32
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