The method of selection of innovative solutions based on an assessment of the efficiency reserves

Correct and efficient selection of innovative solutions is the most important part of the whole process of implementation of innovations in small businesses. In this regard, the study of the mechanism for the selection of innovative solutions based on an assessment of efficiency reserves is a vital task. In this article, using analytical methods, systematic approach, logical methods of research are analyzed and discussed various aspects of the selection process for innovative solutions. It is concluded that for the characterization of the influence of selected factors on the decision and identify efficiency reserves should use a point-factor method with the use of weight coefficients of importance.

Identification and substantiation of reserves of increase of efficiency of small innovative enterprises linked: –

first, the influence of factors, including reducing costs, increasing profitability;

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secondly, with the homogenization of various types of risk since the reduction of their influence can significantly increase efficiency.