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The Life Cycle of an Industrial Technology as an Object of Modelling and Control

Author

Listed:
  • Vladimir N. Kononov

    (Nosov Magnitogorsk State Technical University)

  • Yevgenia S. Zambrzhitskaya

    (Nosov Magnitogorsk State Technical University)

  • Maksim V. Kharchenko

    (Nosov Magnitogorsk State Technical University)

Abstract

The research aims to generalise about and systematise the issues of modelling of industrial technolo? gies’ life cycles for the purposes of forecasting and controlling them. The paper clarifies the concept of industrial technology life cycle and treats it as a sequence of development stages from the moment of conception to the point of disuse. The authors examine approaches to modelling of industrial technolo? gies’ life cycles and identify possibilities to apply the results of modelling of industrial technologies’ life cycles in practice. The researchers demonstrate that the approaches based on designing s-shaped curves and graphs of accumulated effect (financial result) are the most convenient to control the life cycles of industrial technologies

Suggested Citation

  • Vladimir N. Kononov & Yevgenia S. Zambrzhitskaya & Maksim V. Kharchenko, 2018. "The Life Cycle of an Industrial Technology as an Object of Modelling and Control," Journal of New Economy, Ural State University of Economics, vol. 19(3), pages 137-150, June.
    • Handle: RePEc:url:izvest:v:19:y:2018:i:3:p:137-150
    DOI: 10.29141/2073-1019-2018-19-3-12
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    More about this item

    Keywords

    technology life cycle; life cycle modelling; control of industrial technology life cycle; in? dustrial technologies; logistic function; stages of life cycle.;
    All these keywords.

    JEL classification:

    • C02 - Mathematical and Quantitative Methods - - General - - - Mathematical Economics
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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