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Model of Creation and Management of the Process of Technological Projects Development

Author

Listed:
  • Besarion C. Meskhi
  • Mikhail A. Izotov
  • Yulia S. Knyazeva
  • V. Simonyan

Abstract

The purpose of the article is to determine and describe main principles and model of development of regional business accelerator on the basis of technical university for development of innovational startups. The research included the work on identification of the problems of the process of commercialization of technological developments, which business accelerator should solve. One of the basic purposes of creation of business accelerator is increase of the flow of prepared projects for consideration by investment committees of funds of early stages. Accelerator can be a full-scale unified mechanism of formation of deals flow from diversified mass of completed R&D. As a result of the research, the authors come to a conclusion that the process of creation of value and movement from prototype to entering a market supposes long chain with formation of various risks at each stage – scientific, financial, administrative, etc. Minimization of such risks requires from partners, involved with the work of business accelerator, solving emerging problems together. Such motivation could be formed by development of business accelerator by the principles of partnership and creation of equal access and rights for basic members.

Suggested Citation

  • Besarion C. Meskhi & Mikhail A. Izotov & Yulia S. Knyazeva & V. Simonyan, 2016. "Model of Creation and Management of the Process of Technological Projects Development," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 135-143.
    • Handle: RePEc:ers:journl:v:xix:y:2016:i:2:p:135-143
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    References listed on IDEAS

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    1. Laeven, Luc & Levine, Ross & Michalopoulos, Stelios, 2015. "Financial innovation and endogenous growth," Journal of Financial Intermediation, Elsevier, vol. 24(1), pages 1-24.
    2. Pfotenhauer, Sebastian M. & Wood, Danielle & Roos, Dan & Newman, Dava, 2016. "Architecting complex international science, technology and innovation partnerships (CISTIPs): A study of four global MIT collaborations," Technological Forecasting and Social Change, Elsevier, vol. 104(C), pages 38-56.
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    Cited by:

    1. Marina Vladimirovna Grafkina & Evgeniya Yurevna Sviridova & Elena Evgenyevna Sdobnyakova, 2017. "Improving Ecological Performance of Design Processes Accounting for Product Life Cycle," European Research Studies Journal, European Research Studies Journal, vol. 0(2B), pages 294-307.
    2. Navid Mohammadi & Shaghayegh Sakhteh, 2023. "Start-up accelerator value chain: a systematic literature review," Management Review Quarterly, Springer, vol. 73(2), pages 661-694, June.

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