In creating a broad spectrum of textile materials, technologies, and techniques with comparable functional applications, methods of assessing the overall quality indexes of the line, the technologies, techniques, and economics of inventions and selecting the priority inventions are required. Based on an evaluation of the inventions with the results of consolidated indexes of technical and economic constituents, organization of the preferred means for its innovative development and adoption of promising or rejection of unsuitable inventions can be recommended. These methods can be differentiated as a function of the phase and environment of the novel process, the type of inventions and specific features of developing them, and their expansion and use. The main purpose of such methods is to define the mechanism of manufacture and tools for processing data on the inventions developed relative to the concrete social and organizational environment of their implementation and the character of their interaction. One of the advantages of the proposed method of evaluating overall product quality indexes is the possibility of assessing the level of development of inventions and preparing for their presentation in the shortest time possible. Plausible presentation of the economic advantages of marketing the creation and use of high-tech inventions can favor successful conclusion of contracts with clients. The accessibility for mastering the method allows personnel of the organizations, in particular, the workers in design-economic departments, to evaluate inventions and select the priority inventions recommended for development and implementation relative to concrete plants.J. Shumpeter introduced the concept of innovation in economic theory, characterizing it as a stage in the life cycle of the results of scientific and technical progress: invention (process and product)innovation (introduction)imitation (circulation) [1]. Novel products and processes and innovative proposals are most frequently assigned to inventions. Inventions are based on results protected as intellectual property and introduced on the market for the first time. The basic advantages of high-tech inventions in market relations are usually related to increasing the competitiveness of the products, including their quality.A planned economy had a system for creating and introducing scientific and technical advances built on a national approach based on a purely budgetary principle. For this reason, the individual or national economic effect was usually calculated in justifying innovations.In the present article, the economic effectiveness of innovative-investment projects is evaluated with the same methods as before the country moved to a market economy. This is justified in technical and economic substantiation of a project in conditions of determinacy of the product line by the individual innovation or group of simultaneously utilized innovations. Moreover, in the current technological breakthrough to more active creation and use of modern textile materi...

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