RISK MANAGEMENT OF REGIONAL INNOVATION PROCESSES
Abstract
The article summarizes the methodology for assessing the risks of innovative projects. A methodological approach to the formation of an investment program for territorial innovation clusters is proposed. An approach to forming teams of innovative projects has also been developed, characterized by the completeness of technical and entrepreneurial competencies, which makes it possible to formulate an investment program for the cluster by selecting the optimal combination of project options. This ensures a maximum of net present value within a given time frame, with a limited funding fund, and, in addition, a given value of an integrated quality indicator reflecting the level of achievement of the global goal of the cluster. Qualitative and quantitative methods of risk assessment are considered; it was concluded that innovative projects are in dire need of government support in the early stages of implementation in order to reduce the degree of uncertainty and riskiness of their implementation. Based on economic and mathematical models of decision-making by cluster participants, a mechanism for coordinating the interaction of subjects has been formed, which makes it possible to coordinate the interests of participants in financing an innovative project within the framework of the concept of single-level interaction of economic agents. The area of compromise that is necessary for consultations and negotiations, as well as for making management decisions on territorial innovation clusters, has been quantitatively determined. To minimize risks and increase the efficiency of budget financing, a risk management mechanism is proposed, which involves identifying the main risk factors at each stage of the innovation process and using government support tools aimed at minimizing them. The methodology for assessing the risks of innovative projects is generalized, qualitative and quantitative methods of risk assessment are considered; it was concluded that innovative projects are in dire need of government support in the early stages of implementation, in order to reduce the degree of uncertainty and riskiness of their implementation; To minimize risks and increase the efficiency of budget financing, a risk management mechanism is proposed, which involves identifying the main risk factors at each stage of the innovation process and using government support tools aimed at minimizing them.
References
Sosnovska O.O., Dedenko L.V. (2018) Napryami stiykogo funktsionuvannya pidpriemstva v umovah neviznachenosti [Trands of sustainable functioning of the enterprise in conditions of uniqueity]. Zbirnik naukovih prats Universitetu Derzhavnoyi fiskalnoyi sluzhbi Ukrayini, no 2, pp. 369–383. (in Ukrainian)
Lagunova I.A. (2018) Sutnist ta printsipi kontseptsiyi rizik-menedzhmentu [Essence and principles of risk management concept]. Aktualni problemi derzhavnogo upravlinnya, no 1 (53), pp. 44–52. (in Ukrainian)
Dyadyuk M.A. (2017) Upravlinnya rizikami: konsp. lekts. [Risk Management: cons. lectures]. Kharkiv: Fort, pp. 165. Available at: http://elib.hduht.edu.ua/jspui/handle/123456789/1893 (in Ukrainian)
Posohov I.M. (2017) Suchasni mizhnarodni standarti rizik-menedzhmentu [Modern international standards of risk management]. Suchasni tendentsiyi rozvitku svitovoyi ekonomiki: zb. materialIv 9-yi Mizhnar. nauk.-prakt. konf. Harkiv : HNADU, Tom. 2, pp. 77–78. (in Ukrainian)
Gonchar G.P. (2014) Adaptatsiya svitovih standartiv rizik-menedzhmentu do diyalnosti vitchiznyanih kompaniy [Adaptation world standards of risk management to the activities of domestic companies]. Efektivna ekonomika, no 3. (in Ukrainian)
Dudnеva Yu.E. (2019) Rizik-menedzhment: Integrovaniy pidhid do organizatsiyi [Risk management: an integrated approach to an organization]. Ekonomika ta suspilstvo, no 20, pp. 229–236. (in Ukrainian)
Moroz I.O. (2017) Sutnіst upravlinnya rizikami pidpriemstva ta navichki, neobhidni menedzheru dlya yogo provadzhennya [The essence of risk management of the enterprise and nurses, the necessary manager for its processing]. Zbirnik materialiv Vseukrayinskoyi naukovo-praktichnoyi on-line konferentsiyi aspirantiv, molodih uchenih ta studentiv ZHDTU, Tom 2. Available at: https://conf.ztu.edu.ua/wp-content/uploads/2017/06/115-1.pdf (in Ukrainian)
Volinets I. (2016) Organizatsiya rizik-menedzhmentu na pidpriemstvi [The Оrganization of Risk Management at the Enterprise]. Ekonomichniy chasopis Shidnoevropeyskogo natsionalnogo universitetu imeni Lesi Ukrayinki, no 2, pp. 51–55. (in Ukrainian)
Сосновська О. О., Деденко Л. В. Напрями стійкого функціонування підприємства в умовах невизначеності. Збірник наукових праць Університету Державної фіскальної служби України. 2018. № 2. С. 369–383.
Лагунова І. А. Сутність та принципи концепції ризик-менеджменту. Актуальні проблеми державного управління. 2018. № 1 (53). С. 44–52.
Дядюк М. А. Управління ризиками : консп. лекц. Харків : Форт, 2017. C. 165 URL: http://elib.hduht.edu.ua/jspui/handle/123456789/1893
Посохов І. М. Сучасні міжнародні стандарти ризик-менеджменту // Сучасні тенденції розвитку світової економіки : зб. матеріалів 9-ї Міжнар. наук.-практ. конф. Харків : ХНАДУ, 2017. Т. 2. С. 77–78.
Гончар Г. П. Адаптація світових стандартів ризик-менеджменту до діяльності вітчизняних компаній. Ефективна економіка. 2014. № 3.
Дуднєва Ю. Е. Ризик-менеджмент: інтегрований підхід до організації. Економіка та суспільство. 2019. № 20. С. 229–236.
Мороз І. О. Сутність управління ризиками підприємства та навички, необхідні менеджеру для його провадження. Збірник матеріалів Всеукраїнської науково-практичної on-line конференції аспірантів, молодих учених та студентів ЖДТУ. 2017. Т. 2. URL: https://conf.ztu.edu.ua/wp-content/uploads/2017/06/115-1.pdf
Волинець І. Організація ризик-менеджменту на підприємстві. Економічний часопис Східноєвропейського національного університету імені Лесі Українки. 2016. № 2. С. 51–55.
