Open AccessINDUSTRY CORPORATE INNOVATION RISKS: ЕMPIRICAL RESEARCH RESULTS
Author(s) -
М. О. Кузнецова
Publication year - 2021
Publication title -
strategičeskie rešeniâ i risk-menedžment
Language(s) - English
Resource type - Journals
eISSN - 2618-9984
pISSN - 2618-947X
DOI - 10.17747/2618-947x-916
Subject(s) - business , risk management , accounting , industrial organization , finance
In the article, a review of Russian and foreign literature was carried out, which allowed to consider the main standards of risk management and quantitative methods of risk assessment. The correlation-regression analysis of risks revealed the most significant risks affecting the efficiency of corporate innovation implementation in industrial companies. These include: misunderstanding the importance of innovation for the company; lack of financial resources for innovation; low level of support for the company’s top management for the introduction of innovative processes. A regression model of the impact of risks on the effectiveness of corporate innovation was built, which will predict the degree of impact of risks on the effectiveness of corporate innovation. Recommendations on improving the risk management system for various levels of innovative development of industrial companies are proposed, which are aimed at increasing the efficiency of introducing corporate innovations in industrial companies and ensuring a high level of competitiveness of companies.