The difficulty of innovation risk assessment makes it necessary to use a multi-criteria analysis. Innovative projects are related to unstructured problems and the uncertainty, therefore, the use of fuzzy logic in the innovation risk assessment is analyzed. This paper proposes a method of determining the weights of criteria in order to innovation risk assessment. The weights are determined by 5 general criteria and 14 detailed criteria of innovation risk assessment. The proposed method is an extension of the fuzzy AHP method. The extension consists in taking into consideration the group decision-making approach with experts’ psychological conditions. The groups of experts have been chosen based on an elaborated form. The form makes it possible to characterize the persons within the scope of different psychological conditions. The proposed method provides objective and rational decision-making. The paper presents also a comparison of results with the fuzzy AHP method without the group decision making. The weights obtained by the proposed method are more diversified and bring out the most important criteria.
The issue of innovation is very popular in business world and science. The implementation of innovations is connected with the decisionmaking process which always has a strictly defined purpose. The innovation risk assessment difficulty makes it necessary to use a multicriteria analysis. This procedure based on 5 general criteria (characterising the company) and 14 detailed criteria characterising the innovation) of innovation risk assessment. Implementation of innovations is connected with a high degree of risk. The publication is an essential source of information on the risk assessment of technical innovation. The article explains definitions of the innovation risk and innovation. What is more paper presents a risk assessment procedure in the company. This article shows how to choose the experts and criteria to assessment of risk innovation.
The article presents the issue of risk assessment of innovations. Specificity of technological innovation realized in manufacturing companies has been particularly well described here. An original method of assessing the innovative projects risk has been presented. The elaborated method has been implemented in three enterprises, the business activity of which is not typical for electrical engineering, metal and mechanical engineering and companies which are going to carry out the innovative project simultaneously with already started innovative projects. Moreover, an example of the risk assessment of a chosen technological innovation has been presented.
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