ANALYSIS OF THE EFFICIENCY OF REGIONAL INNOVATION PROJECTS

Abstract

The purpose of the study. The purpose of the article is to analyze the role of innovative investments in the qualitative development of regions. At the same time, the problems of the complex influence of environmental, social, economic and scientific-technical factors on regional innovative projects should be disclosed, and direct and indirect costs of project management associated with these factors should be studied. The subject is management relations that arise during innovative design in the regional management system. Materials and methods. The methodological basis of the work is the use of system analysis, statistical analysis methods, mathematical modeling. The article reveals the content of the effect of a regional innovative project. The traditional model for assessing a regional innovative project is consi-dered, and the disadvantages of the model are highlighted. The work also discloses the UNIDO standard. It is noted that in order to assess the effectiveness of a regional innovative project, it is necessary to analyze the role and state of the entity, the economic state of the region and directly the social and environmental consequences that are expected when implementing the project. The assessment of capital-forming investment projects is also considered. Results. The result of the work is an economic and mathematical model for assessing and selecting a regional innovative project, taking into account economic, social and environmental factors. To solve this multi-criteria problem with contradictory criteria, various methods and algorithms of multi-criteria optimization are considered, including the method of convolution of criteria, obtaining one, sometimes quite complex formula, methods for obtaining a Pareto-optimal solution, the Saaty hierarchy method. Quite significant shortcomings inherent in these methods are noted. The most effective method for this model is the method of successive concessions. The scope of application of the results is a comprehensive assessment of the innovation project in order to select the most effective option that fully takes into account the main aspects of the region's life (economic, social and environmental). Conclusion. The use of the complex multi-criteria economic and mathematical model for choosing a regional innovation project given in the article, taking into account economic, social and environmental factors, will increase the level of adequacy of decisions made by regional authorities in terms of choosing effective projects.