Simulation Models for Management Solutions when Implementing Innovative Technologies

Department of Management, Novosibirsk State Technical University, Russia

^* Corresponding author: ira.klavsuts@gmail.com

Abstract

The object of empirical research is a company that develops, produces and implements innovative patented technology for managing electricity consumption, naturally fitting into the concept of Smart Grid. The author has developed simulation models for predicting the behavior of an innovative technology market. A paradigm of simulation modeling system dynamics is investigated and implemented. In this work, hypotheses about the origin and significant development of communications between market segments are put forward and investigated. The introduction of such links in the developed simulation models is completely natural and technically simple, but their use requires additional research. Mass simulation runs of the developed models with the introduction of new market relations and parameters make it possible to more accurately understand the market behavior mechanisms of the innovative patented technology, use these mechanisms to develop models, build sound long-term forecasts, develop realistic production plans, improve management efficiency through the introduction of the innovative technology.