Justification of Options for R&D Result Commercialization Considering the Principles of Financial Model Formation

Abstract

The relevance of this research topic lies in the need to consider various options for building financial models to commercialize the results of innovative R&D with account for the specifics, goals, and objectives of projects [1, 2]. A practical option is presented to form financial models of commercializing the result of an innovative project to create a software and hardware complex (PAC) for automated visual inspection control (VIC) of boilers of thermal power plants (TPPs). The research is based on the principles of the formation of financial models for the commercialization of R&D results. A sales plan as the volume of services provided for the inspection of TPP equipment and an operation schedule with account for the potential PAC capabilities are proposed, and the price of the service is justified. The cost of a flight hour of operation of an unmanned aerial vehicle (UAV) is taken as a unit of service. The efficiency of R&D investments has been calculated considering the profit that ensures the payback of the project. A graphical interpretation of the relationship between the price of the PAC service and the expected net discounted income is given.