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Year 2017, Volume: 7 Issue: 1, 112 - 118, 01.03.2017

Abstract

Investigation of Various Prediction Models of Demand on the Market of Innovations

Year 2017, Volume: 7 Issue: 1, 112 - 118, 01.03.2017

Abstract

The formation of demand forecasting models is important in understanding the transition from the raw to the innovative model of the economy. The aim of the study is to analyze and evaluate the different innovation demand forecasting models and the mathematical substantiation of the directions of their development. On the basis of the Bass model, we explore forecasting the spread of innovative products with the addition of such factors as prices, advertising, and market potential for the purpose of application of applied models in assessing the demand for high-tech products at the market launch of innovative products. Mathematical justification of the problem of demand for high-tech products presented in the context of the theory of diffusion of innovation and developed technique in forecasting of high-tech products sales, which allows in calculating the number of purchases to a specific point in time. A model for innovation demand prediction by logistic regression, which can improve the classification of consumer preferences of high-tech products.

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Details

Other ID JA38VS28FT
Journal Section Research Article
Authors

Elena Anatol’evna Derunova This is me

İrina Nikolayevna Filatova This is me

Alexandr Sergeevich Semenov This is me

Vladimir Alexandrovich Derunov This is me

Publication Date March 1, 2017
Published in Issue Year 2017 Volume: 7 Issue: 1

Cite

APA Derunova, E. A., Filatova, İ. N., Semenov, A. S., Derunov, V. A. (2017). Investigation of Various Prediction Models of Demand on the Market of Innovations. International Review of Management and Marketing, 7(1), 112-118.
AMA Derunova EA, Filatova İN, Semenov AS, Derunov VA. Investigation of Various Prediction Models of Demand on the Market of Innovations. IRMM. March 2017;7(1):112-118.
Chicago Derunova, Elena Anatol’evna, İrina Nikolayevna Filatova, Alexandr Sergeevich Semenov, and Vladimir Alexandrovich Derunov. “Investigation of Various Prediction Models of Demand on the Market of Innovations”. International Review of Management and Marketing 7, no. 1 (March 2017): 112-18.
EndNote Derunova EA, Filatova İN, Semenov AS, Derunov VA (March 1, 2017) Investigation of Various Prediction Models of Demand on the Market of Innovations. International Review of Management and Marketing 7 1 112–118.
IEEE E. A. Derunova, İ. N. Filatova, A. S. Semenov, and V. A. Derunov, “Investigation of Various Prediction Models of Demand on the Market of Innovations”, IRMM, vol. 7, no. 1, pp. 112–118, 2017.
ISNAD Derunova, Elena Anatol’evna et al. “Investigation of Various Prediction Models of Demand on the Market of Innovations”. International Review of Management and Marketing 7/1 (March 2017), 112-118.
JAMA Derunova EA, Filatova İN, Semenov AS, Derunov VA. Investigation of Various Prediction Models of Demand on the Market of Innovations. IRMM. 2017;7:112–118.
MLA Derunova, Elena Anatol’evna et al. “Investigation of Various Prediction Models of Demand on the Market of Innovations”. International Review of Management and Marketing, vol. 7, no. 1, 2017, pp. 112-8.
Vancouver Derunova EA, Filatova İN, Semenov AS, Derunov VA. Investigation of Various Prediction Models of Demand on the Market of Innovations. IRMM. 2017;7(1):112-8.