BUSINESS INNOVATION-BASED DEVELOPMENT RISK ASSESSMENT QUANTITATIVE METHODS AS A BUSINESS COMPETITIVENESS LEVEL IMPROVEMENT TOOL

Abstract

Lack of efficiency that the Russian companies demonstrate now that they begin introducing innovations into their businesses is becoming one of the main factors that hamper the businesses' competitiveness level improvement and weaken their position on both domestic and international markets. The author shows that a systemic approach-based qualitative method use in the business innovation-based risk assessment is a key factor influencing the business innovation introduction efficiency level. The author examines the algorithms to be used to solve the main problems that emerge when the business risk management patterns are created on the level of an innovation introduction project, on the level of a business project portfolio building, and on the level of a business company development.