Innovations in the Company – Ensuring the Quality of Economic Growth
Innovations in the Company – Ensuring the Quality of Economic Growth
Author(s): Evgeny NovikovSubject(s): Business Economy / Management, Methodology and research technology, Economic development
Published by: Reprograph
Keywords: innovations; innovation cost factors; economic growth; peculiarities of the innovation assessment; terminal value; and innovation value;
Summary/Abstract: The aim of the present article is to reveal the peculiarities of assessing the impact of innovations on the cost of the company capital. According to scientific and methodological approaches presented in this article, the innovation process is represented by the complex events that can be decomposed into factors as a result of the analysis of the principal characteristics and forms of innovation. This approach allows using the available statistical tools to identify the most important factors affecting the growth of the company value. The company valuation is carried out on the basis of assessment of the impact of factors on the innovation process as a result of which the company value may increase. On one hand, this allows to provide a set of key financial indicators characterizing the results of the innovation process and, on the other hand, correctly assess the future economic benefits of the company as a result of innovations.
Journal: Journal of Applied Economic Sciences (JAES)
- Issue Year: X/2015
- Issue No: 35
- Page Range: 729-732
- Page Count: 4
- Language: English