Innovative viability: formation of the concept and evaluation criteria

Abstract

Innovative development a priori determines the viability and success of any economic system; at present, the role of innovation in economic activity is so great that the economy is named innovative. Based on the analysis of domestic and foreign scientific literature, the problem of assessing the effectiveness of innovative development is revealed. Existing statistically observable indicators assess the conditions, resources, results of innovative processes; comparison of indicators is difficult due to their diversity of time and diversity of objects. The use of project analysis and forecasting techniques, methods for evaluating innovative projects does not allow assessing the prospects for the innovative development of the system as a whole. In addition, the uncertainty of the main characteristics of innovative development was revealed, they talk about «innovative activity», «innovative susceptibility», «innovative competitiveness». The authors propose to evaluate the results of innovative development based on «innovative viability». It was found that there are few scientific works on the assessment of solvency (economic, social, functional solvency, management solvency are considered), and only two works of Russian authors are devoted to innovative solvency. In the foreign scientific literature, only the problems of viability of innovations are studied. The author's definition of the content of the concept of «innovative viability» is proposed – a set of qualities, quantities, interconnections of the elements of the innovation system that exist in time and space (theoretical definition); for a separate economic system (region, enterprise) – this is the level of management that allows it to function successfully; it is a combination of quantitative and qualitative characteristics that ensures its sustainable viability and rationally active innovative activity; criteria for evaluating innovative viability are proposed: innovative potential, effectiveness of innovative activity, the ratio of the «fulcrum» and «center of gravity».