Work

Cash flow modeling in the open innovation market system

Year: 2024

Type: article

Abstract: The process of innovation activity is considered from the point of view of agency presence. The open innovation market system is described, including an investor, a developer and a user. The cash flows between the specified agents of the system, arising in the process of creating and commercializing an innovative product, are considered. For each agent, a profit function has been developed, which is a criterion for its optimal activity. An economic and mathematical model has been developed that describes the interaction of agents in the system.

Source: Vestnik of Samara University Economics and Management

DOI: 10.18287/2542-0461-2024-15-3-37-44

Authors: Elena P. Rostova, Lubov A. Vybornova

Institutions: Samara National Research University, Volga Region State University of Service

Language: English

Topic: Economic and Industrial Development

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Industry, innovation and infrastructure

Open Access status: diamond

OpenAlex ID: W4404485828

FWCI: 0.362

Cites: 1

Cited by: 1

Related to: 10