Modern factors and classification of enterprise’s innovative risks

Abstract

Introduction. Today enterprises have a problem in minimizing the risk to increase the efficiency of the result, which is actualized by the general specifics of innovative activity. It makes extremely necessary to study the risks that significantly affect the innovative activity. Despite all the study of problems in the field of innovative risk management, some of the issues remain insufficiently covered. In particular, it is about modern factors and the availability of well-developed classification of innovative risks, which creates an opportunity for effective using the appropriate risk management tools, because each type of risk has its own management system. The purpose of the paper is to highlight the factors that affect the innovative risks of the enterprise and to propose a system of these risks according to certain classification signs. Results. The concept of innovative risk of the enterprise is considered. The factors of emergence of necessity of innovative changes in activity of the enterprises and the factors influencing innovative risks are highlighted. The conditions for the formation of risks of innovative activity are indicated. Some modern approaches to the classification of innovative risks of the enterprise and the need for its development are shown. The system of innovative risks of the enterprise according to certain classification signs is offered. Conclusion. The presented classification set of innovative risks makes it possible to state that all the signs are either tied to the direction of innovative activity of the enterprise, or are temporary. However, they are not entirely focused on those factors, levers and sources that specifically lead to the emergence of innovative risk, that is, we are talking about the causal orientation of risk formation: risks are usually classified according to the results of manifestation in practice. For timely identification of risk and its localization, it is not always enough to know the time parameters and general characteristics – you need to take into account the specifics of the influence. Effective risk management requires a well-developed, modern classification of innovative risks, which allows for the effective use of appropriate risk management tools, because each type of risk has its own management system. The mechanism of this system, which includes the implementation of appropriate systematic actions, should be aimed at both preventing and responding to risk events.