Dr. Tatyana Novikova, Novosibirsk State University, Russia
Corporate longevity and business innovative projects: the economic efficiency approach

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This talk applies the concept of Cost-Benefit Analysis to Corporate Longevity and clarifies the fundamental parameters that determine the behaviour of the government and the private participants of innovative projects. It aims at extending the framework of financial (commercial) analysis on a microeconomic level in order to better fit the interdisciplinary and multilevel project results through the analysis of economic (public) efficiency. As a tool of an evaluation of efficiency the multi-period simulation model of investment project is used. It consists of financial and economic components. For the profound quantitative estimation of economic efficiency the simulation model is interconnected with the modified two-period input-output inter-regional model, which is expanded by inclusion of a technological vector of the investment project. These methods are applied to real projects (3 megaprojects and 19 micro innovative projects of the Siberian Branch of the Russian Academy of Science) and experimental projects (2 projects).

Tatyana Novikova, received her BS in economics from Novosibirsk State University in 1977. She earned a PhD degree in economics from the Institute of Economics and Industrial Engineering of the Russian Academy of Sciences in 1987. In 1988-1993 she joined the faculty at Institute of Electrotechnical Communications, and later at Siberian Academy for Public Administration in Novosibirsk. In 1994 she joined the faculty at Department of Economics of Novosibirsk State University. Dr. Novikova also serves as Head Scientist at the Institute of Economics and Industrial Engineering of the Russian Academy of Sciences. Her research interests are focused on public economics and financial and cost-benefit analysis of investment projects.

Adams . Backstrom . Benbrahim . Bianconi . Budden . Gaudiano . Ghanea . Hidalgo . Novikova . Park . Zulauf . West