Date Added: Jun 2009
The main objective of the financial appraisal of an innovation project is to measure the rentability of those projects. The financial appraisal of an innovation project is similarly to investment projects at short level. But on the other side, it has certain features due to its main characteristic activities. The main task of the financial appraisal of innovation projects is to refine the information that implies the project's viability. The financial appraisal of innovation projects is a resource investment to reduce the uncertainty degree of the information referring to the project's feasibility.