ISJ Theoretical & Applied Science 02(10)2014

ISPC Scientific technologies of the future, Linkoping, Sweden

Kovalenko GV, Kolosova OV

INNOVATION PROJECTS MANAGERS PERCEPTION AND ASSESSMENT OF RISKS.

Full Article: PDF

Digital Object Identifier System: http://dx.doi.org/10.15863/TAS.2014.02.10.27

Language: Russian

Citation: Kovalenko GV, Kolosova OV (2014) INNOVATION PROJECTS MANAGERS PERCEPTION AND ASSESSMENT OF RISKS. ISJ Theoretical & Applied Science, 02 (10): 156-161. doi: http://dx.doi.org/10.15863/TAS.2014.02.10.27

Pages: 156-161

Published: 28.02.2014

Abstract: The problem of the innovative projects managers’ perception of risk is discussed. The results of innovation projects’ risks assessment by their managers compared with the estimate given by small business entrepreneurs to their projects are analyzed. The underestimation of market risks by the leaders of innovative projects including consumers’ solvency, competition and price volatility is presented. The causes of discrepancies between theoretical assumptions about the high riskiness of innovative projects and its evaluation by managers in practice are debated.

Key words: innovation, project, risk, risk perception, risk assessment, project managers.