Details and conditions for specifying the price and economic effect of research and development projects (R&D)

It is indisputable that the main conditions for acceleration of the national economy growth involve an objective evaluation of the contribution of innovative projects to the increase of national wealth (NW) of a country and recognizing those contributions as income of science and technology enterprises. This paper on the basis of a specific example presents the grounds for the justification and a methodology of determining a market price of an R&D project, the economic effectiveness of scientific and technical activities, as well as the contribution of such activities into raising country’s national wealth (NW).