Abstract

Among the risks of innovative projects, a significant role is played by financial risks, the impact of which can significantly reduce the expected performance indicators. In this regard, it is important to correctly identify the financial risks of innovative projects. In this article, the author proposes an extended classification of the financial risks of an innovative project. Thus, it is proposed to divide financial risks into risks of a financial nature that affect the project in the process of its implementation, as well as investment risk. It also proposes a classification of financial risks in the context of the cash flows of an innovative project, as well as the stages of the life cycle of an innovative project. The proposed classification will make it possible to qualitatively identify the financial risks of an innovative project in order to further assess and develop methods for minimizing them.

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