Application of technology readiness level assessment model in realization of innovative scientific and technological projects

Abstract

At present, innovative activity is becoming more and more significant, and is a vital factor of maintaining economic growth of the country. When realizing innovative scientific and technological projects it is possible to make well-grounded managerial decisions basing on the performance indicators within the technology readiness level (TRL) assessment model. The authors study the TRL assessment model and present a set of performance indicators of similar Russian TRL model. On the example of monitoring of suggested performance indicators of the eighth technology readiness level the authors reveal the factor producing the most serious impact on one of the factors (profitability of production) and present an option for solving the problem, and a neuron network has been trained to control the indicator. The results obtained have revealed the possibility of adapting the TRL scale for the needs of high technology businesses which implement technological development programs. The results can be used in realization of innovative scientific and technological projects to reduce the costs at different life cycle stages and to increase the efficiency of the managerial decisions taken.