Financial and technological leverage in the system of economic evaluation of innovative technologies

Abstract

The article examines the conceptual, theoretical and methodological guidelines for economic evaluation of innovative technologies through financial and technological leverage. The concept of financial-technological linkage was developed with the aim of establishing a relationship between technological efficiency and effectiveness of operational and financial activities of the enterprise. The authors have developed measurement technology and the use of technological linkage as a tool for assessing commercial potential of new technologies, which allows establishing a link between technological efficiency and effectiveness of operational and financial activities of the engineering enterprise. It is proved that the concept of technological linkage explains how the creation of new technologies can raise the value of the business, exceeding significantly the value of the underlying technological innovations taken in isolation. In addition, there is a real possibility of effective monitoring of the economic impact (need, usage, efficiency) from the use of development, the exclusive rights which are at the disposal of the enterprise. Determined that the level of commercial potential of intellectual technology is not limited only to the influence of technological leverage. The potential power can be represented as a dependence of the level of commercial potential of several very important factors that act in parallel. They proposed to include the following, the most important components of the level of commercial potential of innovative technology: the lever of the early stages of the life cycle of an innovative product; the lever of the developer technological innovations; financial leverage. The effect of financial and technological leverage depends on innovation activity and innovation capacity of the enterprise–the developer of a technological product. Its value is usually higher for industries with higher technological level of production, which is very typical for innovative enterprises.

В статті розглянуто концептуальні теоретико-методичні положення економічної оцінки інноваційних технологій на засадах фінансово-технологічного важеля. Обґрунтовано, що концепція технологічного важеля пояснює, яким чином створення нової технології може підняти вартість бізнесу, перевищуючи в рази цінність базової технологічної інновації, взятої ізольовано. Крім того, з'являється реальна можливість ефективного моніторингу економічної віддачі (потреби, використання, ефективності) від використання технологічної розробки, виключні права на яку знаходяться в розпорядженні даного підприємства.