Abstract
The necessity of improving the methods of evaluating innovative projects, taking into account the specifics and uncertainty of the innovative project connected with realization and other risks, were substantiated. Interpretations of the concepts of inno- vation and innovation project were given. The main methods for evaluating innovative projects and the typical shortcomings of existing methods were identified. It was suggested to use the method of real options. The improved methodology for evaluating in- novative projects, which will make the assessment more reliable, reduce financial losses and have a positive impact on the economy were presented.
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