Risk Management and Insurance 1607

Risk Management and Insurance
When implementing innovative projects in various fields, typical situations of risk occur, for which certain methods of their compensation can be recommended. The most common cases are as follows:
1. The risk of the wrong direction of research and development.
Reasons: incorrect assessment of the result obtained in the process of fundamental research, inaccurate marketing.
Risk factors: incomplete or poor-quality scientific and technical information, non-professional expertise at the stage of choosing ways to implement the results of basic research, the unrealizability of the result at this stage of development of applied science, inaccurate or poor quality marketing, the inability to realize the result of experimental development at a technological level.
Plan for risk minimization: diversification of sources of scientific and technical information, continuous collection and updating of information on completed research, scientific equipment, modern techn...

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