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Innovative entrepreneurship and assessment of the effectiveness of investments in innovations

Author

Listed:
  • AVRASHKOV L.Y.

    (Russian Presidential Academy of National Economy and Public Administration)

  • GRAFOV A.V.

    (Russian Presidential Academy of National Economy and Public Administration)

  • GRAFOVA G.F.

    (Russian Presidential Academy of National Economy and Public Administration)

Abstract

This article discusses options for assessing the effectiveness of business activities in the field of innovation. For innovation it’s important to attract investment through investment project. To assess the effectiveness of investments is necessary to select proper investment project for implementation according to different criteria. The article describes the methodological approaches to evaluating the effectiveness of the investment project. It is recommended to use the index rate of return on capital and the discounted income as an additional indicator.

Suggested Citation

  • Avrashkov L.Y. & Grafov A.V. & Grafova G.F., 2016. "Innovative entrepreneurship and assessment of the effectiveness of investments in innovations," Russian Journal of Agricultural and Socio-Economic Sciences, CyberLeninka;Редакция журнала Russian Journal of Agricultural and Socio-Economic Sciences, vol. 60(12), pages 91-99.
    • Handle: RePEc:scn:031261:16967669
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