Dynamic management model of innovations generations

Within the framework of this research, the task of dynamic management of innovations in the sphere of high-tech industries is formulated and the need to identify patterns of decision-making about the need to recycle current innovative products and to bring the next generation of innovations to market is determined. Dynamic properties of innovative processes are singled out, on their basis a mathematical model is developed that allows to adequately characterize the dynamics of innovative products distribution and to determine the criteria for making managerial decisions on the market launch of a new generation of innovative products. In the process of comparing the simulation data with real life data of high-tech products, the results of this research were correlated with the actual indicators of innovation dynamics and a conclusion was made about ways to apply the methods developed to increase the effectiveness of strategic decisions to bring new high-tech products to the market. The study has been developed within the framework of research projects implementation funded by the St. Petersburg State Economic University.