Dynamics of the Economic Effect in the Process of Managing the Life Cycle of Innovations in Terms of Their Commercialization

Анотація

The article is aimed at studying the theoretical aspects of changes in the dynamics of economic effect in the processes of management of life cycle of the industrial innovations at the stage of their commercialization. On the basis of an analysis of the scientific papers by the domestic and the foreign authors on methods of commercialization of the innovative products, the current status and essence of the definitions of «innovation», «commercialization», and «economic effect» was researched. Possibilities of managing the duration of the stage of commercialization of innovations were researched. It has been proposed to implement extension of the maturity stage of the life cycle of innovation by reducing the phase of designing and creating the innovative product and, as a consequence, change of value of the cumulative economic effect. Further researches should focus on the interdependence of development costs, creating an innovation and time period for the implementing, as well as determine the mechanism for calculating the quantitative indicators of commercialization of innovations.

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