Management of Technological Development of Enterprises on the Basis of a Life Cycle Model

The interrelation of the directions of technological development of the industrial enterprises with efficiency of the used resources - material, labor and physical capital in the form of fixed assets is shown. The sequence of transition from one direction to another characterizing the life cycle of technological development is considered. A graphical model of such a cycle, including six stages, is presented. It is determined that the change of each stage of development of the value of one of the three indicators (material efficiency, capital productivity or coefficient of technological level of production) begins to change in the opposite direction. A practical method of calculating the time moment showing the completion of each individual stage is developed. It is shown how the transition from one stage to another affects the change in the cost of production of enterprises. The optimal time of change of production technology or its improvement is determined. It was found that the new technology for further improvement of production efficiency should provide the necessary level of capital productivity, and a method of calculating this level.