Construction of effective fronts of innovative projects

The task of assessing the systemic effectiveness of innovative projects and determining their comparative importance is relevant while determining the priorities of financing both at the level of public and private investment. The solution of this problem involves the definition of procedures for convolution of local innovative projects efficiency indicators into integrated generalized assessment, which allows to clearly determine the priority of the project within the analyzed population. For innovative projects with a maximum integral evaluation, the actual construction of efficiency fronts, defining the limits of the project’s effectiveness in the parameter state space. Such efficiency fronts construction is possible on the basis of estimates obtained by multi-criteria evaluation method Data Envelopment Analysis. New in this study is a meaningful interpretation of the sectors that form an effective front, in the space of weight coefficients of the generalized efficiency indicator.