Open AccessOn Approach of Estimation of Value of Risks During Manufacturing of Products
Author(s) -
E. L. Pankratov,
AUTHOR_ID
Publication year - 2021
Publication title -
international journal of applied mathematics and machine learning
Language(s) - English
Resource type - Journals
ISSN - 2394-2258
DOI - 10.18642/ijamml_7100122164
Subject(s) - modernization theory , industrial organization , technological change , production (economics) , risk analysis (engineering) , value (mathematics) , estimation , business , lead (geology) , emerging technologies , computer science , economics , microeconomics , macroeconomics , management , geomorphology , machine learning , artificial intelligence , geology , economic growth
In modern economic theory, scientific and technological progress one consider different economic risks. The influence of scientific and technological progress on a particular sector of the economy appears in the creation of new products that have important competitive advantages over existing ones, or in the modification (modernization) of existing products. Often, new products based on new (innovative) technologies. However, technological superiority requires well-timed modernization of production and staff training, that is, significant financial and organizational investments. At the same time, the rejection of the transition to innovative technologies can lead to tangible losses in market positions or even to a complete cessation of the organization. In this paper, we introduce a model for estimations influence of risks on development of industrial enterprises. An analytical approach for analyzing the influence of various parameters on the proceeds has been introduced.