Risks of Commercialization of Intellectual Work Results: Appraisal Methods

The article studies different interpretations of the notion ‘risk’, which can help understand its nature and importance in the context of innovation. Special attention is paid to risks arising at different stages of innovation life cycle, such as idea, development, introduction and support. Reasons...

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Main Author: A. V. Egiazaryan
Format: Article
Language:Russian
Published: Plekhanov Russian University of Economics 2025-03-01
Series:Вестник Российского экономического университета имени Г. В. Плеханова
Subjects:
Online Access:https://vest.rea.ru/jour/article/view/2235
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author A. V. Egiazaryan
author_facet A. V. Egiazaryan
author_sort A. V. Egiazaryan
collection DOAJ
description The article studies different interpretations of the notion ‘risk’, which can help understand its nature and importance in the context of innovation. Special attention is paid to risks arising at different stages of innovation life cycle, such as idea, development, introduction and support. Reasons for these risks arising are investigated, which can be both internal, i. e. connected with the organization and project management and external, i. e. dealing with market situation and regulatory environment. The author studied methods of risk appraisal, including description of their step-by-step application, which can make the process more transparent and accessible for practical use. The obtained results were structured in the form of a table, where methods of risk appraisal are compared with stages of innovation commercialization and key drawbacks of each group of methods are identified. It makes the article valuable for experts on risk management, researches in the field of innovation and decision-makers wishing to manage risk efficiently at each stage of the innovation process as effective risk management is a key element in successful implementation of innovation projects and can minimize uncertainties connected with this dynamic field of activity.
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language Russian
publishDate 2025-03-01
publisher Plekhanov Russian University of Economics
record_format Article
series Вестник Российского экономического университета имени Г. В. Плеханова
spelling doaj-art-42a08ddb67be449288bfdaf714c016832025-08-20T03:20:10ZrusPlekhanov Russian University of EconomicsВестник Российского экономического университета имени Г. В. Плеханова2413-28292587-92512025-03-0102344610.21686/2413-2829-2025-2-34-461342Risks of Commercialization of Intellectual Work Results: Appraisal MethodsA. V. Egiazaryan0Saint Petersburg Electrotechnical UniversityThe article studies different interpretations of the notion ‘risk’, which can help understand its nature and importance in the context of innovation. Special attention is paid to risks arising at different stages of innovation life cycle, such as idea, development, introduction and support. Reasons for these risks arising are investigated, which can be both internal, i. e. connected with the organization and project management and external, i. e. dealing with market situation and regulatory environment. The author studied methods of risk appraisal, including description of their step-by-step application, which can make the process more transparent and accessible for practical use. The obtained results were structured in the form of a table, where methods of risk appraisal are compared with stages of innovation commercialization and key drawbacks of each group of methods are identified. It makes the article valuable for experts on risk management, researches in the field of innovation and decision-makers wishing to manage risk efficiently at each stage of the innovation process as effective risk management is a key element in successful implementation of innovation projects and can minimize uncertainties connected with this dynamic field of activity.https://vest.rea.ru/jour/article/view/2235risk of innovation commercializationquantitative methodsqualitative methodsrisk managementprocedure of risk appraisal
spellingShingle A. V. Egiazaryan
Risks of Commercialization of Intellectual Work Results: Appraisal Methods
Вестник Российского экономического университета имени Г. В. Плеханова
risk of innovation commercialization
quantitative methods
qualitative methods
risk management
procedure of risk appraisal
title Risks of Commercialization of Intellectual Work Results: Appraisal Methods
title_full Risks of Commercialization of Intellectual Work Results: Appraisal Methods
title_fullStr Risks of Commercialization of Intellectual Work Results: Appraisal Methods
title_full_unstemmed Risks of Commercialization of Intellectual Work Results: Appraisal Methods
title_short Risks of Commercialization of Intellectual Work Results: Appraisal Methods
title_sort risks of commercialization of intellectual work results appraisal methods
topic risk of innovation commercialization
quantitative methods
qualitative methods
risk management
procedure of risk appraisal
url https://vest.rea.ru/jour/article/view/2235
work_keys_str_mv AT avegiazaryan risksofcommercializationofintellectualworkresultsappraisalmethods