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SUBSTANTIATION AND FEATURES OF EVALUATING THE ECONOMIC EFFICIENCY OF INNOVATION

Modern transformations in the economy of Ukraine require enterprises to continuously innovate. Innovation development is one of the key ways of maintaining high rates of enterprise development and represents research work of forecasting-analytical and technical-economic character, as a rule, associated with the management and implementation of an innovative project. These issues determine the need for a theoretical and practical solution to the issues of effective management of innovation activities, analysis of the enterprise’s readiness to develop and implement innovation, assessing the economic efficiency of innovation, etc. In this regard, there is an objective need to justify the stages of development of innovation project concept and the essence of certain aspects of project analysis, improving the technique of estimation the effectiveness of different types of innovation. The subject of the study is theoretical and methodological aspects of the effectiveness estimation of innovations and innovative projects. The basis for the analysis was the scientific works of domestic scientists on these issues. Theoretical and methodological basis of the work is a set of principles and methods of scientific research: the principles of system analysis, systematization and theoretical generalization, methods of comparative analysis, structural and functional analysis, system-dynamic approach. The purpose of the study is to improve theoretical foundations and formalize methodological approaches to assess the economic efficiency of innovation. The problem of development of methodology of estimation of economic efficiency of innovations and innovative projects is actualized in