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

Innovation risks: challenges and prospects

Authors
Andrey Sergeevich Nechaev, Dmitrii Vladimirovich Ognev, Oksana Victorovna Antipina
Corresponding Author
Andrey Sergeevich Nechaev
Available Online June 2017.
DOI
https://doi.org/10.2991/ttiess-17.2017.2How to use a DOI?
Keywords
economic growth, enterprises, innovative activity, risks
Abstract
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
Open Access
This is an open access article distributed under the CC BY-NC license.

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Proceedings
Part of series
Advances in Economics, Business and Management Research
Publication Date
June 2017
ISBN
978-94-6252-408-8
ISSN
2352-5428
DOI
https://doi.org/10.2991/ttiess-17.2017.2How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
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  - https://doi.org/10.2991/ttiess-17.2017.2
DO  - https://doi.org/10.2991/ttiess-17.2017.2
ID  - Nechaev2017/06
ER  -