Economic efficiency of technological entrepreneurship in electric power industry

The paper aims to develop an original methodological approach to assessing the economic efficiency of technological entrepreneurship in the electric power industry. Its role is repeatedly increasing in the era of high-tech industry development and import substitution to ensure accelerated economic growth. The authors' hypothesis is that technological entrepreneurship is a cost-effective tool for activating the innovation process through localisation, rapid implementation of R&D within power companies, and accumulation of intellectual capital, which is highly relevant in terms of staff shortage. The research is based on classification methods, statistical analysis, expert evaluations, assessment of risk and uncertainty factors in evaluating the innovation efficiency. As a result, firstly, the authors have formed the scope of the most promising breakthrough technologies being developed in the energy sector by small technological enterprises and startups, and defined the range of business models that can be used by generating, power grid, power supply and service companies depending on the types of services provided; secondly, they have grounded the need to take into account the technical, economic and market industry specifics of such projects when assessing their economic efficiency, and thirdly, they have proposed a range of business models that can be used in the production of robotic complexes for diagnostics of energy facilities. The proposed recommendations have been tested on the example of the company engaged in high-risk activity in the production of robotised complexes for diagnostics of electric power facilities. The results of the study have practical significance for energy and industrial facilities engaged in the renewal of production assets by introducing advanced digital, technological, organisational, management solutions, and the development of new market niches.