The evaluation of economic efficiency for the innovation project can be performed by determination of monetary flows. For this purpose can be used the indicator of Net Present Value (NPV) of innovation project monetary flows. The NPV indicator allows evaluating the project efficiency adequately taking into account the time-varying of money value. The IRR indicator (Internal Rate of Return) allows determining the project efficiency considering changes in discount rate.
Natalia PALII, PhD, Associate Lecturer,Academy of Economic Studies of Moldova
Technology transfer, net present value, internal rate of return, innovation, efficiency assessment.