Work

Net Present Value Approach: Method for Economic Assessment of Innovation Projects

Year: 2014

Type: conference-paper

Abstract: This paper is dedicated to the issue of innovative performance measurement. It focuses on techniques that can be employed for evaluation of single innovation project. The framework is based on detailed literature review and net present value (NPV) approach analysis. Furthermore, the paper investigates its pros and cons and discusses methods able to deal with NPV weaknesses. Used with care, these techniques can guide the management of innovation project by providing indications of its potential financial value.

Source: Procedia - Social and Behavioral Sciences

DOI: 10.1016/j.sbspro.2014.11.230

Author: Ondřej Žižlavský

Institution: Brno University of Technology

Language: English

Topic: Capital Investment and Risk Analysis

Subfield: Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Industry, innovation and infrastructure

Open Access status: diamond

Funder: Grantová Agentura České Republiky