Forecasting the dynamics of an innovative cycle

Abstract

The article shows and tests on statistical data a model of the dynamics of an innovative style based on using a logistic function. The model developed provides an analytical toolkit for forecasting and managing the development of innovative cycles. It is shown that the general form of trajectory of a life cycle of innovative processes it hard to use to manage their development because it only records the logic and the vector of development of these processes. © IDOSI Publications, 2013.