Abstract
It is established that the high probability of emergence of risk situations in the innovation project, requires the implementation of risk management measures. It is noted that there is currently no mechanism for distributing of financial risks between the customer and the executor of the innovation project, that is largely negatively reflected in the desire to invest own funds in innovation. The methodological bases of risk management of innovative activity of the project-oriented organization are offered in the article. With the proposed approach, it is possible to estimate in advance how much the proposed risk management measures can reduce the risk of an innovation project and how this activity will affect on the project's effectiveness in deciding whether to continue or stop the innovation project research. On the basis of the existing characteristics of the risk measures of the innovation project, it can be concluded that the best indicator of the effectiveness of a certain stage of the innovation project by the results of simulation is net present value of the project. It is better to use the probability of receiving an ineffective result of an innovation project at an appropriate stage for assessing of the risk of the innovation project and the decision to continue or stop the innovation project at a certain stage.
Highlights
Taking into account the analysis of innovative activity of developed countries, it should be noted that the overcoming of the false idea of the possibility of doing this by means of mechanical recovery of the necessary levels of state financing of the scientific and technical sphere should become the priority task of forming of innovation model of development in Ukraine
The probability of project P′ implementation with the value of the criterion lower than the marginal level shows the relative frequency of ineffective outcomes at a certain stage of the innovation project and serves as a relative risk measure primarily from the standpoint of individual participants in an innovation project that minimum acceptable value (Rcriter′) for f choose their criterion urther decision on the of interest possibility
The developed conceptual approach of identifying of risk situations in carrying out of innovation activity taking into account the peculiarities of the life cycle of the innovation project (Table 1) allowed to develop methodological bases of decision-making in the process of project-oriented management of innovation activity taking into account risk management mechanisms
Summary
Taking into account the analysis of innovative activity of developed countries, it should be noted that the overcoming of the false idea of the possibility of doing this by means of mechanical recovery of the necessary levels of state financing of the scientific and technical sphere should become the priority task of forming of innovation model of development in Ukraine. In this case, we can note that there is not practical possibility of accumulation of the necessary amount of funds for the current state of finances now. This situation requires carrying out of the urgent measures from both of the higher authorities of the country and the executive authorities of all levels
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