DocumentCode
3315147
Title
Basis of innovation investment into new technologies of mechanical engineering
Author
Velts, I.Ya.
Author_Institution
Center Transp., Omsk, Russia
fYear
2003
fDate
7-11 April 2003
Firstpage
109
Lastpage
110
Abstract
This paper discusses how new technologies can be used to improve rolling stock repair initiatives. An optimal financing policy for innovation investment can be achieved by taking into account the assumed technical and economic impact. An effective way to solve the problem of innovation investment is to analyze the vulnerable units of the rolling stock as well as to analyze the project costs for modernization. This allows equal distribution of expenditures and compensation of costs during the early stages. Solving similar problems is also possible by simulating the economic situation including the analysis of financial flows, risks, and market opportunities.
Keywords
costing; investment; mechanical engineering; railway engineering; risk analysis; innovation investment; mechanical engineering; optimal financing policy; railroad engineering; rolling stock repair initiatives; Costs; Failure analysis; Investments; Large-scale systems; Mechanical engineering; Production; Railway engineering; Reliability engineering; Technological innovation; Testing;
fLanguage
English
Publisher
ieee
Conference_Titel
Modern Techniques and Technologies, 2003. MTT 2003. Proceedings of the 9th International Scientific and Practical Conference of Students, Post-graduates and Young Scientists
Conference_Location
Tomsk
Print_ISBN
0-7803-7669-2
Type
conf
DOI
10.1109/SPCMTT.2003.1438154
Filename
1438154
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