title: ÐÑÐµÐ½ÐºÐ° ÑÑÑÐµÐºÑÐ¸Ð²Ð½Ð¾ÑÑÐ¸ Ð¸Ð½Ð²ÐµÑÑÐ¸ÑÐ¸Ð¾Ð½Ð½Ð¾Ð³Ð¾ Ð¿ÑÐ¾ÐµÐºÑÐ° (Ð½Ð° Ð¿ÑÐ¸Ð¼ÐµÑÐµ ÐÐ»Ð°ÑÑÐµÑÐ° ÑÐ°Ð·Ð²Ð¸ÑÐ¸Ñ Ð¸Ð½Ð½Ð¾Ð²Ð°ÑÐ¸Ð¹ Ð² ÑÐ½ÐµÑÐ³ÐµÑÐ¸ÐºÐµ Ð¸ Ð¿ÑÐ¾Ð¼ÑÑÐ»ÐµÐ½Ð½Ð¾ÑÑÐ¸)
title: Ð²ÑÐ¿ÑÑÐºÐ½Ð°Ñ ÐºÐ²Ð°Ð»Ð¸ÑÐ¸ÐºÐ°ÑÐ¸Ð¾Ð½Ð½Ð°Ñ ÑÐ°Ð±Ð¾ÑÐ° Ð±Ð°ÐºÐ°Ð»Ð°Ð²ÑÐ°
titleType: Subtitle
title: Evaluation of the effectiveness of the investment project (on the example of the Cluster development innovation in the energy industry)
Creators: name: ÐÑÑÑÐµÐ½ÐºÐ¾Ð², ÐÐ°ÐºÑÐ¸Ð¼
Publisher: name: Ð¡Ð°Ð½ÐºÑ-ÐÐµÑÐµÑÐ±ÑÑÐ³ÑÐºÐ¸Ð¹ Ð¿Ð¾Ð»Ð¸ÑÐµÑÐ½Ð¸ÑÐµÑÐºÐ¸Ð¹ ÑÐ½Ð¸Ð²ÐµÑÑÐ¸ÑÐµÑ ÐÐµÑÑÐ° ÐÐµÐ»Ð¸ÐºÐ¾Ð³Ð¾
Year: 2019
Subjects: Ð¸Ð½Ð²ÐµÑÑÐ¸ÑÐ¸Ð¾Ð½Ð½ÑÐ¹ Ð¿ÑÐ¾ÐµÐºÑ
ÑÐµÑ Ð½Ð¾Ð¿Ð°ÑÐº
ÐºÐ»Ð°ÑÑÐµÑ
ÑÐ½ÐµÑÐ³ÐµÑÐ¸ÐºÐ°
Ð°Ð½Ð°Ð»Ð¸Ð· Ð·Ð°ÑÑÐ°Ñ
Ð¸Ð½Ð½Ð¾Ð²Ð°ÑÐ¸Ð¸
ÑÑÑÐµÐºÑÐ¸Ð²Ð½Ð¾ÑÑÑ Ð¿ÑÐ¾ÐµÐºÑÐ°
Ð°Ð½Ð°Ð»Ð¸Ð· ÑÑÐ²ÑÑÐ²Ð¸ÑÐµÐ»ÑÐ½Ð¾ÑÑÐ¸
Ð°Ð½Ð°Ð»Ð¸Ð· ÑÐ¸ÑÐºÐ¾Ð²
Ð´ÐµÐ½ÐµÐ¶Ð½ÑÐ¹ Ð¿Ð¾ÑÐ¾Ðº
Ð´Ð¸ÑÐºÐ¾Ð½ÑÐ¸ÑÐ¾Ð²Ð°Ð½Ð¸Ðµ
ÑÑÐ¾Ðº Ð¾ÐºÑÐ¿Ð°ÐµÐ¼Ð¾ÑÑÐ¸
investment project
technology park
cluster
energy
cost analysis
innovation
project effectiveness
sensitivity analysis
risk analysis
cash flow
discounting
payback period

description: ÐÐ±ÑÐµÐºÑÐ¾Ð¼ Ð¸ÑÑÐ»ÐµÐ´Ð¾Ð²Ð°Ð½Ð¸Ñ ÑÐ²Ð»ÑÐµÑÑÑ ÐÐ»Ð°ÑÑÐµÑ ÑÐ°Ð·Ð²Ð¸ÑÐ¸Ñ Ð¸Ð½Ð½Ð¾Ð²Ð°ÑÐ¸Ð¹ Ð² ÑÐ½ÐµÑÐ³ÐµÑÐ¸ÐºÐµ Ð¸ Ð¿ÑÐ¾Ð¼ÑÑÐ»ÐµÐ½Ð½Ð¾ÑÑÐ¸. Ð¦ÐµÐ»Ñ ÑÐ°Ð±Ð¾ÑÑ ÑÐ¾ÑÑÐ¾Ð¸Ñ Ð² Ð¾ÑÐµÐ½ÐºÐµ ÑÑÑÐµÐºÑÐ¸Ð²Ð½Ð¾ÑÑÐ¸ Ð¸Ð½Ð²ÐµÑÑÐ¸ÑÐ¸Ð¾Ð½Ð½Ð¾Ð³Ð¾ Ð¿ÑÐ¾ÐµÐºÑÐ° Ð¿Ð¾ ÑÐ¾Ð·Ð´Ð°Ð½Ð¸Ñ ÑÐµÑÐ½Ð¾Ð¿Ð°ÑÐºÐ° ÐÐ»Ð°ÑÑÐµÑÐ° ÑÐ°Ð·Ð²Ð¸ÑÐ¸Ñ Ð¸Ð½Ð½Ð¾Ð²Ð°ÑÐ¸Ð¹ Ð² ÑÐ½ÐµÑÐ³ÐµÑÐ¸ÐºÐµ Ð¸ Ð¿ÑÐ¾Ð¼ÑÑÐ»ÐµÐ½Ð½Ð¾ÑÑÐ¸. ÐÐ·ÑÑÐµÐ½Ñ Ð¾ÑÐ¾Ð±ÐµÐ½Ð½Ð¾ÑÑÐ¸ ÑÑÐ½ÐºÑÐ¸Ð¾Ð½Ð¸ÑÐ¾Ð²Ð°Ð½Ð¸Ñ ÑÐµÑÐ½Ð¾Ð¿Ð°ÑÐºÐ¾Ð² Ð·Ð° Ð³ÑÐ°Ð½Ð¸ÑÐµÐ¹ Ð¸ Ð² Ð Ð¾ÑÑÐ¸Ð¸, Ð²ÑÑÐ²Ð»ÐµÐ½Ñ Ð¿ÑÐµÐ¸Ð¼ÑÑÐµÑÑÐ²Ð° ÑÐ°ÐºÐ¸Ñ Ð¾Ð±ÑÐµÐ´Ð¸Ð½ÐµÐ½Ð¸Ð¹ Ð¸ Ð½ÐµÐ´Ð¾ÑÑÐ°ÑÐºÐ¸, Ð¿ÑÐ¸Ð²ÐµÐ´ÐµÐ½Ñ Ð¿ÑÐ¸Ð¼ÐµÑÑ Ð·Ð°ÑÑÐ±ÐµÐ¶Ð½ÑÑ Ð¸ Ð¾ÑÐµÑÐµÑÑÐ²ÐµÐ½Ð½ÑÑ ÑÐµÑÐ½Ð¾Ð¿Ð°ÑÐºÐ¾Ð². Ð¡Ð¿ÑÐ¾Ð³Ð½Ð¾Ð·Ð¸ÑÐ¾Ð²Ð°Ð½ Ð²ÐµÑÑ ÐºÐ¾Ð¼Ð¿Ð»ÐµÐºÑ Ð·Ð°ÑÑÐ°Ñ, Ð½Ð°Ð¿ÑÐ°Ð²Ð»ÐµÐ½Ð½ÑÐ¹ Ð½Ð° ÑÐ¾Ð·Ð´Ð°Ð½Ð¸Ðµ ÑÐµÑÐ½Ð¾Ð¿Ð°ÑÐºÐ°, Ð²Ð²Ð¾Ð´ Ð² ÑÐºÑÐ¿Ð»ÑÐ°ÑÐ°ÑÐ¸Ñ Ð·Ð´Ð°Ð½Ð¸Ð¹ Ð¸ Ð¾Ð±Ð¾ÑÑÐ´Ð¾Ð²Ð°Ð½Ð¸Ñ, Ð²ÑÐ¿ÑÑÐº Ð½Ð¾Ð²ÑÑ Ð³ÑÑÐ¿Ð¿ Ð¿ÑÐ¾Ð´ÑÐºÑÐ¸Ð¸. ÐÐºÐ¾Ð»Ð¾ 97% Ð·Ð°ÑÑÐ°Ñ Ð¿ÑÐ¸ÑÐ¾Ð´Ð¸ÑÑÑ Ð½Ð° Ð¾ÑÐ½Ð¾Ð²Ð½ÑÐµ ÑÑÐµÐ´ÑÑÐ²Ð°. ÐÑÐ¾Ð°Ð½Ð°Ð»Ð¸Ð·Ð¸ÑÐ¾Ð²Ð°Ð½Ñ Ð¿Ð¾ÑÐµÐ½ÑÐ¸Ð°Ð»ÑÐ½ÑÐµ ÑÐ¸ÑÐºÐ¸ ÑÐµÐ°Ð»Ð¸Ð·Ð°ÑÐ¸Ð¸ Ð¿ÑÐ¾ÐµÐºÑÐ°, Ð³Ð»Ð°Ð²Ð½ÑÐ¼ Ð¸Ð· ÐºÐ¾ÑÐ¾ÑÑÑ ÑÐ²Ð»ÑÐµÑÑÑ ÑÐ²ÑÐ·Ð°Ð½Ð½ÑÐ¹ Ñ Ð¿ÐµÑÐµÐ±Ð¾ÑÐ¼Ð¸ Ð² ÑÐ¸Ð½Ð°Ð½ÑÐ¸ÑÐ¾Ð²Ð°Ð½Ð¸Ð¸ (ÐºÐ°Ðº Ð³Ð¾ÑÑÐ´Ð°ÑÑÑÐ²ÐµÐ½Ð½Ð¾Ð¼, ÑÐ°Ðº Ð¸ ÑÐ°ÑÑÐ½Ð¾Ð¼). ÐÑÐµÐ´Ð»Ð¾Ð¶ÐµÐ½Ñ Ð¼ÐµÑÑ Ð¿Ð¾ ÑÐ½Ð¸Ð¶ÐµÐ½Ð¸Ñ Ð¿Ð¾ÑÐµÐ½ÑÐ¸Ð°Ð»ÑÐ½Ð¾Ð³Ð¾ Ð½ÐµÐ³Ð°ÑÐ¸Ð²Ð½Ð¾Ð³Ð¾ Ð²Ð»Ð¸ÑÐ½Ð¸Ñ. ÐÑÐ¾Ð¸Ð·Ð²ÐµÐ´ÐµÐ½Ð° Ð¾ÑÐµÐ½ÐºÐ° ÑÐºÐ¾Ð½Ð¾Ð¼Ð¸ÑÐµÑÐºÐ¾Ð¹ ÑÑÑÐµÐºÑÐ¸Ð²Ð½Ð¾ÑÑÐ¸ Ð¿ÑÐµÐ´Ð»Ð¾Ð¶ÐµÐ½Ð½Ð¾Ð³Ð¾ Ð¿ÑÐ¾ÐµÐºÑÐ° Ñ Ð¸ÑÐ¿Ð¾Ð»ÑÐ·Ð¾Ð²Ð°Ð½Ð¸ÐµÐ¼ ÑÑÐ°ÑÐ¸ÑÐµÑÐºÐ¸Ñ Ð¸ Ð´Ð¸Ð½Ð°Ð¼Ð¸ÑÐµÑÐºÐ¸Ñ Ð¼ÐµÑÐ¾Ð´Ð¾Ð². Ð Ð°ÑÑÑÐ¸ÑÐ°Ð½Ð° ÑÑÐ°Ð²ÐºÐ° Ð´Ð¸ÑÐºÐ¾Ð½ÑÐ¸ÑÐ¾Ð²Ð°Ð½Ð¸Ñ, ÑÐ¸ÑÑÐ°Ñ Ð¿ÑÐ¸Ð²ÐµÐ´ÐµÐ½Ð½Ð°Ñ ÑÑÐ¾Ð¸Ð¼Ð¾ÑÑÑ Ð¿ÑÐ¾ÐµÐºÑÐ°, Ð²Ð½ÑÑÑÐµÐ½Ð½ÑÑ Ð½Ð¾ÑÐ¼Ð° Ð´Ð¾ÑÐ¾Ð´Ð½Ð¾ÑÑÐ¸, Ð´Ð¸ÑÐºÐ¾Ð½ÑÐ¸ÑÐ¾Ð²Ð°Ð½Ð½ÑÐ¹ Ð¸Ð½Ð´ÐµÐºÑ Ð´Ð¾ÑÐ¾Ð´Ð½Ð¾ÑÑÐ¸, Ð´Ð¸ÑÐºÐ¾Ð½ÑÐ¸ÑÐ¾Ð²Ð°Ð½Ð½ÑÐ¹ Ð¸ Ð¿ÑÐ¾ÑÑÐ¾Ð¹ ÑÑÐ¾ÐºÐ¸ Ð¾ÐºÑÐ¿Ð°ÐµÐ¼Ð¾ÑÑÐ¸, ÐºÐ¾ÑÑÑÐ¸ÑÐ¸ÐµÐ½Ñ ÑÑÑÐµÐºÑÐ¸Ð²Ð½Ð¾ÑÑÐ¸ Ð¸Ð½Ð²ÐµÑÑÐ¸ÑÐ¸Ð¹. ÐÐ°Ð½Ð° ÑÐ°ÑÐ°ÐºÑÐµÑÐ¸ÑÑÐ¸ÐºÐ° Ð±ÑÐ´Ð¶ÐµÑÐ½Ð¾Ð¹, ÑÐ¾ÑÐ¸Ð°Ð»ÑÐ½Ð¾-ÑÐºÐ¾Ð½Ð¾Ð¼Ð¸ÑÐµÑÐºÐ¾Ð¹ Ð¸ ÑÐºÐ¾Ð»Ð¾Ð³Ð¸ÑÐµÑÐºÐ¾Ð¹ ÑÑÑÐµÐºÑÐ¸Ð²Ð½Ð¾ÑÑÐ¸ ÑÐµÐ°Ð»Ð¸Ð·Ð°ÑÐ¸Ð¸ Ð¿ÑÐ¾ÐµÐºÑÐ° Ð ÐµÐ°Ð»Ð¸Ð·Ð°ÑÐ¸Ñ Ð¸Ð½Ð²ÐµÑÑÐ¸ÑÐ¸Ð¾Ð½Ð½Ð¾Ð³Ð¾ Ð¿ÑÐ¾ÐµÐºÑÐ° Ð¿Ð¾ ÑÐ¾Ð·Ð´Ð°Ð½Ð¸Ñ ÑÐµÑÐ½Ð¾Ð¿Ð°ÑÐºÐ° ÐÐ»Ð°ÑÑÐµÑÐ° ÑÐ°Ð·Ð²Ð¸ÑÐ¸Ñ Ð¸Ð½Ð½Ð¾Ð²Ð°ÑÐ¸Ð¹ Ð² ÑÐ½ÐµÑÐ³ÐµÑÐ¸ÐºÐµ Ð¸ Ð¿ÑÐ¾Ð¼ÑÑÐ»ÐµÐ½Ð½Ð¾ÑÑÐ¸ Ð±ÑÐ´ÐµÑ ÑÐ¿Ð¾ÑÐ¾Ð±ÑÑÐ²Ð¾Ð²Ð°ÑÑ ÑÐ°Ð·Ð½Ð¾ÑÑÐ¾ÑÐ¾Ð½Ð½Ð¸Ð¼ Ð¿Ð¾Ð»Ð¾Ð¶Ð¸ÑÐµÐ»ÑÐ½ÑÐ¼ ÑÑÑÐµÐºÑÐ°Ð¼, Ð² ÑÐ¾Ð¼ ÑÐ¸ÑÐ»Ðµ Ð¸ Ð¸Ð½Ð½Ð¾Ð²Ð°ÑÐ¸Ð¾Ð½Ð½Ð¾Ð¼Ñ ÑÐ°Ð·Ð²Ð¸ÑÐ¸Ñ Ð¾ÑÑÐ°ÑÐ»Ð¸ ÑÐ»ÐµÐºÑÑÐ¾ÑÐµÑÐ½Ð¸ÑÐµÑÐºÐ¾Ð³Ð¾ Ð¾Ð±Ð¾ÑÑÐ´Ð¾Ð²Ð°Ð½Ð¸Ñ Ð² Ð Ð¾ÑÑÐ¸Ð¸.
description: The object of the study is a Cluster of innovations in energy and industry. The purpose of the work is to assess the effectiveness of the investment project to create a technology Park of the Innovation development cluster in energy and industry. Features of functioning of technoparks abroad and in Russia are studied, advantages of such associations and shortcomings are revealed, examples of foreign and domestic technoparks are given. The whole complex of expenses aimed at creation of Technopark, commissioning of buildings and equipment, production of new product groups is predicted. About 97% of the costs are accounted for by fixed assets. The potential risks of the project implementation are analyzed, the main of which is associated with interruptions in financing (both public and private). Measures to reduce the potential negative impact are proposed. The economic efficiency of the proposed project is estimated using static and dynamic methods. The discount rate, net present value of the project, internal rate of return, discounted yield index, discounted and simple payback period, investment efficiency coefficient were calculated. The characteristic of budgetary, socio-economic and ecological efficiency of the project implementation is given The implementation of the investment project to create a Technopark of the Cluster for the development of innovations in energy and industry will contribute to a variety of positive effects, including the innovative development of the electrical equipment industry in Russia.