J-curve of the Innovation Process: How the Organization's Financial Assets Changes over Time?

article offers analytical and simulation models for investigation dynamics of financial resources during the innovation process. When a company or an organization introduces an innovation, the financial resources change in a way that resembles the curve of the letter J. The initial stage is related to the financial costs for the adoption of innovation and reengineering of production and management, and on the second stage an improvement is obtained, as the higher added value compensates the costs incurred and leads to better financial results for the organization. The simulation results are visualized graphically and coincide with those of practice.