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Methods for assessing the economic efficiency of innovative dual-use products

Author

Listed:
  • Khrustalev, Evgeny
  • Omelchenko, Alexey
  • Khrustalev, Oleg

Abstract

Many important problems for the domestic defense industrial sector can be solved by the development and practical implementation of market mechanisms that allow the commercial sale of innovative dualuse products. The article proposes methods for assessing the effectiveness of innovative dual-use products transferred to the civil sector. In order to conduct an economic assessment, the authors investigated the current methodology state of military-economic analysis for the products created by defense enterprises and proposed the basics of tools for determining limit prices for dual-use goods and technologies, a methodology for their expert evaluation based on clustering, and also assessed the scientific and technical potential of such products. The main results of the study are presented both conceptually and in detail for some of the most important specific applications.

Suggested Citation

  • Khrustalev, Evgeny & Omelchenko, Alexey & Khrustalev, Oleg, 2023. "Methods for assessing the economic efficiency of innovative dual-use products," MPRA Paper 119484, University Library of Munich, Germany, revised 15 Dec 2023.
    • Handle: RePEc:pra:mprapa:119484
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    More about this item

    Keywords

    defense industrial sector; market mechanism; production business; diversification; sanctions; extra-budgetary financing; innovations; innovative dual-use products; INNOVATIVE military-economic analysis; clustering; scientific and technical potential.;
    All these keywords.

    JEL classification:

    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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