Proceedings of the International Conference on Trends of Technologies and Innovations in Economic and Social Studies 2017

Innovation risks: challenges and prospects

Andrey Sergeevich Nechaev, Dmitrii Vladimirovich Ognev, Oksana Victorovna Antipina
Corresponding Author
Andrey Sergeevich Nechaev
Available Online June 2017.
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economic growth, enterprises, innovative activity, risks
Innovation risk is a complex multidimensional concept. To function successfully in a risk sphere, employees should have expert knowledge in economics. Effective risk management contributes to the competitiveness of a company on the domestic and international markets and increases the economic and industrial potential required for implementation of the state innovative development strategy as a whole. Innovation performance indices are the ability of operational risk management, the ability to predict innovation risks. Entrepreneurs play a coordinating role in the movement of risk management and their combinations. As a result, entrepreneurs help to establish a hierarchy of innovative connections in the real economy and economic system as a whole. The article describes the classification of risks. The article analyzes risk management methods applied in the innovation sector. It also deals with the issues of risk effects
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Part of series
Advances in Economics, Business and Management Research
Publication Date
June 2017
DOI to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

AU  - Andrey Sergeevich Nechaev
AU  - Dmitrii Vladimirovich Ognev
AU  - Oksana Victorovna Antipina
PY  - 2017/06
DA  - 2017/06
TI  - Innovation risks: challenges and prospects
PB  - Atlantis Press
SP  - 7
EP  - 12
SN  - 2352-5428
UR  -
DO  -
ID  - Nechaev2017/06
ER  -