The economic and mathematical model of the commercialization phase of the life cycle of innovation projects

Business and marketing
Authors:
Minakov Vladimir F. Minakovа Tatyana E. Barabanova Marina I.
Abstract:

It is proposed economic-mathematical model of the stages of commercialization of innovative projects in the life cycle of innovation as a cascade of diffusion of innovation. Each successive innovation is at the same time displacing the previous one. The spread of each innovative product is the logistic equation.