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Journal articles on the topic 'Innovation risk'

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1

Euster, Joanne R. "INNOVATIONS: Creativity, innovation and risk-taking." College & Research Libraries News 48, no. 7 (1987): 405–6. http://dx.doi.org/10.5860/crln.48.7.405.

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2

Mishchenko, Svitlana, Svitlana Naumenkova, Volodymyr Mishchenko, and Dmytro Dorofeiev. "Innovation risk management in financial institutions." Investment Management and Financial Innovations 18, no. 1 (2021): 190–202. http://dx.doi.org/10.21511/imfi.18(1).2021.16.

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The extensive use of financial technologies and innovations in the provision and utilization of financial products and services causes new risks that require constant attention. The article aims to improve innovation risk management methods to increase the operational stability of financial institutions in Ukraine. By generalizing international practice, the types of innovation risks are classified, and their impact on the activities of financial institutions and consumers is characterized. The attention is drawn to the control strengthening over the impact of operational and regulatory risks,
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3

Jian, Zhengzhao. "Financial Innovation and Financial Risk." Advances in Economics, Management and Political Sciences 19, no. 1 (2023): 237–43. http://dx.doi.org/10.54254/2754-1169/19/20230142.

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The market economy has made new progress and development, and the development of the financial industry has gradually become internationalized. To occupy an important position in the fierce competition of the financial market and win more voice, Reform, and innovation are the development direction of financial enterprises in the future Financial innovation is a continuous reform of the financial system and its connotation, with innovations in financial technology and institutional innovation. Innovation represents a break from the norm, a change in the previous mode of financial supervision, t
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4

Mirzarahmedova, A. X., and N. R. Akbarova. "FAN SOHADA VA INTELLEKTUAL MULKNI BAHOLASHDA INNOVATSION JARAYONLARINING XAVF FATORLARI." Universal International Scientific Journal 2, no. 1 (2025): 156–62. https://doi.org/10.69891/3060-4540.2025.50.70.001.

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Amalga oshirishning asosiy qiyinchiliklari - yangi natijalarni olishning noaniqligi, innovatsion mablag'larning cheklanganligi, amalga oshirishga to'sqinlik qiluvchi ko'plab ijtimoiy-psixologik omillarning mavjudligi, ishlab chiqarish jarayonining inertsiyasi bilan bog'liq xavflar ko'rib chiqiladi. Shu bilan birga, menejmentdagi noaniqlikning asosiy manbalaridan biri sun'iy muhitda sifat o'zgarishlarini keltirib chiqaradigan ilmiy-texnikaviy yangiliklardir. Shuningdek, innovatsion jarayonlar xavfini tahlil qilishning matematik modellari, natijada innovatsiyalar Рассматриваются основные труднос
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5

Шаповалова, В. Н., and М. О. Горчак. "Improving national risk management standards for innovation risk management." Innovative economy: information, analytics, forecasts, no. 1 (February 28, 2024): 103–10. http://dx.doi.org/10.47576/2949-1894.2024.1.1.012.

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В статье исследованы экономические и управленческие аспекты управления рисками инновационного предпринимательства. Раскрыты особенности инновационной деятельности с учетом государственных электронных торгов. Выявлены возможности и угрозы инновационной деятельности в условиях электронной системы торговли. Показано, что действующие национальные стандарты менеджмента рисков, в том числе рисков инновационного предпринимательства, нуждаются в переосмыслении. Предлагается несколько вариантов совершенствования моделей менеджмента риска инноваций в условиях бюджетного финансирования инноваций, в услов
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6

Xiong, Xiong, Jin Zhang, Xi Jin, and Xu Feng. "Review on Financial Innovations in Big Data Era." Journal of Systems Science and Information 4, no. 6 (2016): 489–504. http://dx.doi.org/10.21078/jssi-2016-489-16.

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AbstractThe rise of Big Data brings the financial innovation opportunities as well as challenges. This paper reviews different fields of big-data-based financial innovations as well as the scientific discoveries and theoretical breakthroughs of risk analysis with respect to these financial innovations. Based on the current research status, several key problems are put forward and their relative solutions are discussed. The three mean aspects are listed as the pricing and risk measuring for data-driven financial innovation products or services; the changes that data-driven financial innovation
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7

Euchner, James A. "Innovation and Risk." Research-Technology Management 54, no. 2 (2011): 9. http://dx.doi.org/10.5437/08953608x5402101.

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8

Feldman, Roger D., and Phoebe Mix. "Risk Management Innovation." Journal of Structured Finance 1, no. 1 (1995): 13–18. http://dx.doi.org/10.3905/jsf.1.1.13.

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9

Barsh, Joanna, and Marla Capozzi. "Managing innovation risk." IEEE Engineering Management Review 37, no. 4 (2009): 86–89. http://dx.doi.org/10.1109/emr.2009.5384054.

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10

Brown, Louise, and Stephen P. Osborne. "Risk and Innovation." Public Management Review 15, no. 2 (2013): 186–208. http://dx.doi.org/10.1080/14719037.2012.707681.

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11

Huang, Yujun, and Zhihao Huang. "The Impact of Climate Change Transition Innovations on the Default Risk." Sustainability 16, no. 11 (2024): 4321. http://dx.doi.org/10.3390/su16114321.

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In the context of climate change mitigation and adaptation, climate risks stemming from climate transition innovations have garnered significant attention due to concerns about the inadequate climate finance. To shed light on the climate transition risk posed by innovations, this study constructed low-carbon innovation indicators of listed firms in China spanning 2015 to 2021. This study investigated the impact of climate transition innovations on the default risk, considering the mediation effect of investor attention, total factor productivity, and technology spillovers. The findings suggest
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12

Duchidze, Givi. "RISK MANAGEMENT AS A DETERMINING FACTOR IN THE EFFECTIVENESS OF INNOVATION MANAGEMENT." თავდაცვა და მეცნიერება 3 (December 24, 2024): 103–12. https://doi.org/10.61446/ds.3.2024.8478.

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Innovations are a key factor in competitiveness but are accompanied by risks such as technological failures and unpredictable market reactions. Effective risk management helps organizations minimize threats, stimulate creativity, and maintain long-term success by ensuring a balance between innovation and risk. This study analyzes the relationship between risk management and innovation management effectiveness. By evaluating how organizations can balance innovative efforts with the need for risk management, the paper emphasizes the importance of implementing risk management strategies to enhanc
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13

Gorovoy, A. A., and I. V. Grigoriev. "Algorithm of innovation project risk management." Economics and Management 30, no. 2 (2024): 192–201. http://dx.doi.org/10.35854/1998-1627-2024-2-192-201.

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Aim. To develop a risk management algorithm that can be used in risk management of innovations.Objectives. On the basis of the current international standards of risk management and scientific publications to study the existing practice of risk management, highlighting the main elements of the risk management process into a single generalized risk management algorithm; based on the results of the first task, as well as taking into account the identified features of the process of innovation implementation, to develop an algorithm for risk management of innovation projects.Methods. The work is
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14

BROPHEY, GLENN, ANAHITA BAREGHEH, and DAVID HEMSWORTH. "INNOVATION PROCESS, DECISION-MAKING, PERCEIVED RISKS AND METRICS: A DYNAMICS TEST." International Journal of Innovation Management 17, no. 03 (2013): 1340014. http://dx.doi.org/10.1142/s1363919613400148.

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Innovation processes result from a series of decisions and these are influenced by the perceived risks and success metrics faced by the decision-maker. Aiming to understand whether innovation risks and success metrics change during and between innovations, four hypotheses were developed and a questionnaire-based survey was adopted targeting managers of mechanically based manufacturers. Respondents were asked to indicate the importance of perceived risks throughout specific innovations for four domains of risk: marketing, technical, organizational and financial. Respondents were also asked to i
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15

Kim, Kyung-Jin. "A Study on the Message Strategy for the Diffusion of Innovative Logistics System." Korean Logistics Research Association 33, no. 1 (2023): 59–71. http://dx.doi.org/10.17825/klr.2023.33.1.59.

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This study explored how message strategies should be used in the case of innovations close to those vs. far from the existing logistics system. In Study 1, it was revealed that for far-off innovations, a message emphasizing connectivity with existing logistics systems is more effective, and for near innovations, a message emphasizing differentiation is more effective. This effect was limited to flexible thinking consumers. And in the case of far-off innovation, it matches the connectivity message, and in the case of near innovation, it matches the differentiation message because the risk perce
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16

Gaydarenko, Vadim Anatolievich. "Crisissituation of Enterprises: Advanced Technology, Risk, and Innovation." Journal of Advanced Research in Dynamical and Control Systems 12, SP4 (2020): 1095–100. http://dx.doi.org/10.5373/jardcs/v12sp4/20201583.

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17

Robertson, Leslie Earl. "Innovation, Risk and Liability." Structural Engineering International 21, no. 3 (2011): 259. http://dx.doi.org/10.1080/10168664.2011.11985161.

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18

Simonova, Marina, Yuri Lyachenkov, and Anton Kravchenko. "HR innovation risk assessment." E3S Web of Conferences 157 (2020): 04024. http://dx.doi.org/10.1051/e3sconf/202015704024.

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The purpose of the study is to identify the risks of automation and robotization of personnel management systems, the pace of which is increasing and it needs a balanced approach to their use, taking into account the well-known and new risks and constraints. Systematic automation of routine processes leads to a change in the structure of the workflow, making it possible to shorten the production cycle and improve the quality of standard operations with a predictable result, but it does not consider mental and social constraints. The author analyzes the main trends and innovations related to di
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19

Lee‐Mortimer, Andrew. "Managing innovation and risk." World Class Design to Manufacture 2, no. 5 (1995): 38–42. http://dx.doi.org/10.1108/09642369310095210.

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20

Nanda, Ramana, and Matthew Rhodes-Kropf. "Financing Risk and Innovation." Management Science 63, no. 4 (2017): 901–18. http://dx.doi.org/10.1287/mnsc.2015.2350.

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21

Gwyer, Jan, and Laurita M. Hack. "Innovation, Risk, and Reward." Journal of Physical Therapy Education 30, no. 1 (2016): 2. http://dx.doi.org/10.1097/00001416-201630010-00001.

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22

Sato, Haruka. "Financial Innovation and Risk Management in Japan." International Journal of Finance and Accounting 9, no. 2 (2024): 14–25. http://dx.doi.org/10.47604/ijfa.2452.

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Purpose: The aim of the study was to investigate the Financial Innovation and Risk Management.
 Methodology: This study adopted a desk methodology. A desk study research design is commonly known as secondary data collection. This is basically collecting data from existing resources preferably because of its low cost advantage as compared to a field research. Our current study looked into already published studies and reports as the data was easily accessed through online journals and libraries.
 Findings: Japan has seen a surge in financial innovation driven by fintech startups and d
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23

Ndicu, Ndua Daniel. "Financial Innovations Risk, Financial Distress and Firms Value: A Critical Review of Literature." European Scientific Journal, ESJ 14, no. 10 (2018): 99. http://dx.doi.org/10.19044/esj.2018.v14n10p99.

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Throughout history, society has always sought for ways and means of responding to life challenges and opportunities. Several scholars support the need for innovation for a firm to remain a good performer during its existence, though the level of risks associated with this kind of undertaking has not received the coveted attention. With the use of financial innovations companies can safely utilize current or go for more risky and up to date technologies that can have a drastic and positive impact on their ventures. Additionally, financial innovations have had a tremendous impact in enriching fi
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24

Dwarika, Nitesha, Peter Moores-Pitt, and Retius Chifurira. "Volatility dynamics and the risk-return relationship in South Africa: A GARCH approach." Investment Management and Financial Innovations 18, no. 2 (2021): 106–17. http://dx.doi.org/10.21511/imfi.18(2).2021.09.

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This study is aimed at investigating the volatility dynamics and the risk-return relationship in the South African market, analyzing the FTSE/JSE All Share Index returns for an updated sample period of 2009–2019. The study employed several GARCH type models with different probability distributions governing the model’s innovations. Results have revealed strong persistent levels of volatility and a positive risk-return relationship in the South African market. Given the elaborate use of the GARCH approach of risk estimation in the existing finance literature, this study highlighted several weak
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25

Ahworegba, Akiebe Humphrey, Joseph Olugbenga Omoloba, and Christophe Estay. "How firms risk through entrepreneurial innovations: Behavioural patterns and implications." International Journal of Entrepreneurship and Innovation 21, no. 4 (2020): 223–36. http://dx.doi.org/10.1177/1465750320903621.

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The purpose of this article is to develop a conceptual framework clarifying how firms behaviourally venture or risk through entrepreneurial innovation (EI), in the ‘contexts’ of globalisation, society, innovation users or public perceptions; we methodologically coined these ‘contexts’ as ‘4-GSIP variables’ and applied them in that order. We then examined EI literature and built on variants of its theoretical insights to describe conceptual frameworks of how innovation focus firms behaviourally deal with the contextual implications of the variables. Our frameworks also show how firms contextual
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26

Deptuła, Anna Małgorzata, and Ryszard Knosala. "Risk Assessment of the Innovative Projects Implementation." Management and Production Engineering Review 6, no. 4 (2015): 15–25. http://dx.doi.org/10.1515/mper-2015-0032.

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Abstract The article presents the issue of risk assessment of innovations. Specificity of technological innovation realized in manufacturing companies has been particularly well described here. An original method of assessing the innovative projects risk has been presented. The elaborated method has been implemented in three enterprises, the business activity of which is not typical for electrical engineering, metal and mechanical engineering and companies which are going to carry out the innovative project simultaneously with already started innovative projects. Moreover, an example of the ri
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27

Kiryakov, Igor V., and Timur I. Shiyapov. "DEVELOPMENT OF AN ECONOMIC MECHANISM FOR MANAGING TECHNOLOGICAL INNOVATIONS OF AN ORGANIZATION, TAKING INTO ACCOUNT RISKS." EKONOMIKA I UPRAVLENIE: PROBLEMY, RESHENIYA 6/2, no. 147 (2024): 246–53. http://dx.doi.org/10.36871/ek.up.p.r.2024.06.02.026.

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Risk management and innovation are becoming an extremely important aspect of the successful functioning of an organization today. Understanding the relationship between these two elements can determine the future of an enterprise and its ability to adapt to changing market conditions. Risk management in the implementation of innovations allows the organization to minimize potential negative consequences and maximize the positive effects of the adopted changes. Innovations, although they can bring success and benefits to a company, carry certain risks. New technologies, business models, and str
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28

MANDYCH, Oleksandra, Svitlana ZAIKA, Olena ZAIKA, Olena ZHYLIAKOVA, and Оksana BLУZNІUK. "RISK MANAGEMENT OF INNOVATION ACTIVITIES IN THE DIGITAL ECOSYSTEM." INNOVATIONS IN THE SCIENTIFIC, TECHNICAL AND SOCIAL ECOSYSTEMS 1, no. 6 (2023): 24–45. http://dx.doi.org/10.56378/mozs20231805.

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The Purpose of the Study is to elaborate the content of the research categories in the field of innovation ecosystem development, to identify the features of creating network ecosystems according to various possible classification criteria, to form directions and models of risk-oriented management and digital adaptation for innovative ecosystems, and to outline the prospects for managing the risks of innovative activities of the digital ecosystem. The Research Methodology.is based on the existing theoretical results in the field of innovation management, risk management, and areas of digital t
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29

Liu, Huihong, Han Ding, and Xinmiao Zhou. "Research on the Internal Financing Mechanism in the Innovation Chain." Mathematical Problems in Engineering 2020 (December 4, 2020): 1–8. http://dx.doi.org/10.1155/2020/8859458.

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It is of great significance to build an efficient and cooperative innovation system and support system under the background of China persisting in leading the development with innovation and speeding up the construction of an innovation-oriented country. The collaborative relationship and profit distribution of each innovation subject will be analyzed through the study of the innovation activity in the innovation chain. With consideration of the characteristics of the innovation chain such as high risk, financing difficulty, cooperative partnership and so on and using the internal financing mo
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30

Manuylenko, Viktoriya Valeryevna, Aminat Islamovna Borlakova, Alexander Vladimirovich Milenkov, Olga Borisovna Bigday, Elena Andreevna Drannikova, and Tatiana Sergeevna Lisitskaya. "Development and Validation of a Model for Assessing Potential Strategic Innovation Risk in Banks Based on Data Mining-Monte-Carlo in the “Open Innovation” System." Risks 9, no. 6 (2021): 118. http://dx.doi.org/10.3390/risks9060118.

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Innovation risk in banks, a formalized instrument that is part of banks’ financial and innovative strategies, influences the assessment of innovative activity, demonstrating the importance of forecasting and assessment models of potential innovation risks. Our research into general scientific and specific methods allowed us to: (1) distinguish hierarchical concepts and their order—namely, “banking innovation”, “economic effects of innovational activities”, “financial and innovative strategy”, and “innovation risk”; (2) identify links between innovative and strategic bank management, since bank
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31

Gjertsen, Hege. "A Theoretical Discussion of How Common Understanding and Reflection Upon Need for Resources Can Prevent Risks Underlying Social Innovations." INQUIRY: The Journal of Health Care Organization, Provision, and Financing 60 (January 2023): 004695802311520. http://dx.doi.org/10.1177/00469580231152078.

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The welfare state is facing complex challenges. Social innovation is considered as the solution to social challenges and so-called wicked problems, problems in the welfare state that are important, but difficult to solve. This implies being willing to take the risk that is involved when being innovative. A discussion of how different kinds of social innovations carry various risks and how some of these can be prevented, is still limited. This article looks at experiences from previous social innovations and ask what we can learn from them. It elaborates on why social innovation is challenging
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32

Adyawarman, Adyawarman. "The Challenges of Public Innovation: Insights From Risk Governance in Batang Regency." JKAP (Jurnal Kebijakan dan Administrasi Publik) 25, no. 1 (2021): 1. http://dx.doi.org/10.22146/jkap.62314.

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Interest in public sector innovations has been growing among policy makers, practitioners, and scholars. Despite the complexity of modernisation and resource constraints, public leaders must create innovative policies to deliver better services and overcome societal challenges. This research is on public innovation which examined opportunities and challenges facing public innovation. The study was triggered by the mixed outcomes of the decentralisation policy in Indonesia. While some local governments have engaged in service, process and governance innovations, many continue to face difficulti
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33

Illiashenko, S. M., Yu S. Shypulina, and N. S. Illiashenko. "Management of marketing risks of commercialization of radical innovations at the stage of primary demand formation." Marketing and Digital Technologies 8, no. 2 (2024): 17–29. https://doi.org/10.15276/mdt.8.2.2024.2.

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The aim of the article. The purpose of the article is the development and scientific substantiation of an approach to the analysis and formalized management based on its results of the marketing risks of commercialization of radical innovations associated with the formation of primary demand. Analysis results. The marketing risks of commercialization of radical innovations are determined: the risk of non-acceptance of innovations by consumers; the risk of consumers being unprepared for innovation. Their essence and motivating reasons for their manifestation are revealed, respectively: a low st
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34

Nachman, David C., Franklin Allen, and Douglas Gale. "Financial Innovation and Risk Sharing." Journal of Finance 50, no. 4 (1995): 1331. http://dx.doi.org/10.2307/2329356.

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35

Sokolovа, A. P., and D. V. Bondareva. "RISK MANAGEMENT OF INNOVATION PROJECTS." Вестник Алтайской академии экономики и права 3, no. 5 2019 (2019): 148–57. http://dx.doi.org/10.17513/vaael.576.

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36

Theeke, Matt. "Innovation and External Risk Assessments." Academy of Management Proceedings 2013, no. 1 (2013): 13174. http://dx.doi.org/10.5465/ambpp.2013.132.

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37

Titarenko, Boris, Sergey Titov, and Roman Titarenko. "Risk Management in Innovation Projects." Applied Mechanics and Materials 638-640 (September 2014): 2338–41. http://dx.doi.org/10.4028/www.scientific.net/amm.638-640.2338.

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The report deals with projects risk management approaches and methods. The methods are based upon the main provisions of the following standards: International Competence Baseline, published by International Project Management Association – IPMA and National Competence Baseline published by Russian Project Management Association – SOVNET. It is known two types of risk management methods: qualitative and quantitative. Qualitative methods deal with procedures that reduce the risk of risk situations and the quantitative methods allow to produce quantitative estimates of the proposed activities us
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38

Shin, Hyun Song, Franklin Allen, and Douglas Gale. "Financial Innovation and Risk Sharing." Economic Journal 105, no. 433 (1995): 1681. http://dx.doi.org/10.2307/2235142.

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39

Maynard, Andrew D. "Why we need risk innovation." Nature Nanotechnology 10, no. 9 (2015): 730–31. http://dx.doi.org/10.1038/nnano.2015.196.

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40

HILEMAN, BETTE. "RISK ASSESSMENT IN MEDICAL INNOVATION." Chemical & Engineering News 81, no. 18 (2003): 29–33. http://dx.doi.org/10.1021/cen-v081n018.p029.

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41

Yates, John R. "Innovation: Risk-Takers and Visionaries." Journal of Proteome Research 18, no. 7 (2019): 2693–94. http://dx.doi.org/10.1021/acs.jproteome.8b00460.

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42

Biais, Bruno, Jean-Charles Rochet, and Paul Woolley. "Dynamics of Innovation and Risk." Review of Financial Studies 28, no. 5 (2015): 1353–80. http://dx.doi.org/10.1093/rfs/hhv003.

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43

Caggese, Andrea. "Entrepreneurial risk, investment, and innovation." Journal of Financial Economics 106, no. 2 (2012): 287–307. http://dx.doi.org/10.1016/j.jfineco.2012.05.009.

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44

Sonfield, Matthew C., and Robert N. Lussier. "Innovation, Risk and Entrepreneurial Strategy." International Journal of Entrepreneurship and Innovation 1, no. 2 (2000): 91–97. http://dx.doi.org/10.5367/000000000101298586.

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Both new and ongoing ventures require good strategies. But how does an entrepreneur determine the best strategies for a venture? What is necessary for high-level performance? Management research and theory have a great deal to say about how strategy leads to performance, but much of this theory is difficult for business practitioners to apply to their companies. This article presents the Entrepreneurial Strategy Matrix, a model that is based on theory yet is uncomplicated and easy to use: the business manager identifies the levels of innovation and risk inherent in the venture and the Entrepre
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45

Łopaciński, Mgr inż Tomasz. "Risk in managing innovation project." Kwartalnik Nauk o Przedsiębiorstwie 47, no. 2 (2018): 72–81. http://dx.doi.org/10.5604/01.3001.0012.4732.

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Innovative products and services are essential to ensure a long-term viability of a company. More and more often they are created and implemented through innovative projects. The aim of the article is to show the uniqueness of innovative projects, present the risk that is specific to this kind of projects and indicate the methods with which these projects should be managed. The article analyses the features of innovations, presents the definition of an innovative project and discusses its classification and management principles. Moreover, it presents seven areas of risks specific to an innova
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46

Mathews, Scott, and Philip Russell. "Risk Analytics for Innovation Projects." Research-Technology Management 63, no. 2 (2020): 58–63. http://dx.doi.org/10.1080/08956308.2020.1707012.

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47

Downing, Nicholas S., and Joseph S. Ross. "Innovation, Risk, and Patient Empowerment." JAMA 311, no. 8 (2014): 793. http://dx.doi.org/10.1001/jama.2014.148.

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48

Fomichenko, I., V. Bashtovyi, S. Barkova, and O. Pakhomova. "Peculiarities of Innovative Risk Management at Industrial Enterprises of Ukraine." Economic Herald of the Donbas, no. 4 (66) (2021): 80–88. http://dx.doi.org/10.12958/1817-3772-2021-4(66)-80-88.

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The article is devoted to the study of enterprise risk management in innovation, which necessitates the study and generalization of innovation experience in Ukraine and other countries. Substantiated and highlighted issues related to improving the process of innovation risk management in the enterprise. The process of innovation risk management at domestic enterprises is studied. Identified existing problems that arise during this process, and identify the main ways to solve them. Important rules that need to be followed in order to increase the effectiveness of innovation risk management in d
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49

Huo, Xiaotong, Shuyang Wang, Bowen Zheng, and Xiaoyu Wu. "R&D Subsidies and Radical Innovation: Innovative Mindset and Competition Matter." Systems 13, no. 4 (2025): 282. https://doi.org/10.3390/systems13040282.

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With the increasing focus on R&D (research and development) subsidies of various researchers, there is growing interest in how these subsidies affect radical innovation. Based on the limited attention paid to this area in the existing literature, this paper investigates the impact of R&D subsidies on radical innovation. Using a sample of Chinese listed firms, we investigate how innovation orientation and competitive intensity moderate this relationship. By incorporating concepts from Path Dependence Theory, we propose that R&D subsidies alter firms’ assessment of the value and risk
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BERGLUND, HENRIK. "RISK CONCEPTION AND RISK MANAGEMENT IN CORPORATE INNOVATION: LESSONS FROM TWO SWEDISH CASES." International Journal of Innovation Management 11, no. 04 (2007): 497–513. http://dx.doi.org/10.1142/s1363919607001849.

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Risk is central to innovation, but in order to be theoretically interesting and of practical use, the relation between risk and innovation needs to be investigated in more specific situations. This paper explores the risk conceptions of innovators in two large corporations and identifies three themes that illuminate the relationship between risk and innovation in the corporate setting. The first relates risk to the issues of boundaries and control over parts of the innovation process; the second shows how risk is primarily related to innovation as process and not as output, and the third shows
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