The impact of the implementation of an innovative project on the effects arising in the internal and external environment

Abstract

The purpose of this research is to determine the effects arising in the internal and external environment of an innovative project, which is supposed to help make a decision regarding the implementation of the project. For that we have selected about 200 innovative projects of various types of economic activity, such as: services, manufacturing and mining sectors. All projects are implemented in the Republic of Tatarstan. For each of the projects we considered the following types of effects: economic and social for the external environment and technological and environmental for the internal environment. To identify the interconnection between internal and external effects from innovative projects, we used the method of correlation and regression analysis. Implemented innovative projects in the service sector, leading to significant internal technological effect, have a significant impact on the external economic effect and do not affect the external social effect. Manufacturing projects are characterized by a significant impact of internal technological effect on external economic and social effects, while the internal ecological effect has the greatest impact on both external effects. Innovative projects in the mining industry are characterized by a significant impact of internal ecological and technological effects on external economic and social effects.