Management of innovation projects: financial risks

Abstract

Management of innovative projects requires a deep assessment of various risks, and financial risks here are especially important. Management of financial risks in the field of innovative activity significantly affects the efficiency of the whole work. It is also one of the most important components of the project activity. The article describes research results of the main target segments for planning a program of financial risk management. The research is based on a cluster analysis that describes the most significant groups of risk factors. Enterprises implementing innovative projects need to pay special attention to these factors, especially when developing various measures for the formation and development of innovative activities and the management of various risks.