Criteria for management decision-making in technological systems by innovation

Economic & mathematical methods and models

It is necessary to establish the uniform appraisal measurements for the correct interpretation of the results of managerial activity, including for the ascertainment of the fact of use of innovations. An appraisal model of investment project, which makes possible to find extremely necessary investments according to results of implementation (planning), is offered in this work. Thus, costs of reconstruction or modernization will be appraised proceeding from parameters of the technological system. If getting of the required managerial solution needs amount of financing less than fixed extremely necessary costs, then this solution can be acknowledged as innovative, and the difference will determine given intangible asset.