We produced an economical and mathematical model of an innovation project based on elementary technological operations. On the basis of the model produced, we developed a technique for evaluating the expenditures, profits and efficiency of the innovation projects by separate elementary project operations and by arbitrary tune intervals. The model produced takes into account variability in time of expenditures and profits in the elementary operations and also the possibility of specifying variable-in-time discounting. An example of technique realization is presented.
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