Abstract

The article develops the theoretical and methodological base of research of institutional risks of economic agents and on this basis processes technologies of management of institutional risks of innovative activity. The authors prove the theoretical and methodological approach to research the institutional risks based on interdisciplinary and institutional approaches; offer theoretical and methodical approach to decrease the institutional risks of subjects of innovative activity and also consider the directions and technologies of decrease the institutional risks of subjects of innovative activity. It is offered to consider the general theory of risk and the statements of the institutional economic theory as a theoretical and methodological basis of the concept of institutional risk development. A generalized algorithm of institutional risks management at the level of the economic agent is presented. The following groups of methods of institutional risks decrease are considered: avoidance, insurance, compensation, localization, and distribution (dissipation) of risk. A three-level theoretical model of management of institutional risks of innovative activity is offered. Directions of institutional risks decrease of innovative activity are offered.

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