Indian Journal of Science and Technology

Abstract

Objectives: The article considers various methodological approaches to estimate the costs for creating high-tech products used in the leading countries. Methods: HTP economic evaluation model proposed by the authors is based on modern methods of assessing the costs for the HTP creation. In its economic essence, they are all based on a common methodology for assessing the results and costs in their various combinations and modifications. However, the current assessment techniques do not allow carrying out a comprehensive feasibility study of HTP. Findings: It has been specified that the existing methodologies for estimating the costs do not allow making a comprehensive feasibility estimate of options for sharing of new and traditional technologies when creating high-tech products. Specific peculiarities that are necessary to be considered in economic evaluation of high-tech products have been found. A number of models for economic evaluation of high-tech products have been suggested. These models are based on modern methods of estimating costs to create high-tech products used in leading countries. According to their economic essence, they are all based on a common methodology for estimating the results and costs in their various combinations and modifications that provides a comprehensive feasibility estimate of high-tech products. The practical implementation of the proposed models allows conducting a feasibility assessment of the sharing options for new and traditional technologies when creating high-tech products and choosing the options that ensure rational use of budgetary funds allocated for these purposes. Applications/Improvements: These models are universal and can be used in all sectors of the economy of the technologically developed country
Keywords: Economic Evaluation, Efficiency, High-Tech Products, Methods, Model, Technology