title: Current approaches to resource risk-management of innovative projects
metadata.name: dc.contributor.author
metadata.value: Lukashov, Nikolay V.
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2023-07-07T19:19:13Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2023-07-07T19:19:13Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2023-06
metadata.lang: -
metadata.name: dc.identifier.citation
metadata.value: Lukashov, N. V. (2023) ‘Current approaches to resource risk-management of innovative projects’, St Petersburg University Journal of Economic Studies, 39 (2), pp. 217–247. https://doi.org/10.21638/spbu05.2023.204 (In Russian)
metadata.lang: en_GB
metadata.name: dc.identifier.other
metadata.value: https://doi.org/10.21638/spbu05.2023.204
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/41735
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: The purpose of this article is to develop a theoretical mechanism for planning free cash flows
  of an innovative project, provided that it is necessary to ensure a highly probable possibility
  of its implementation. The review of special literature shows that the problem of resource risk
  management of investment projects in the world economic practice is not new, but the methodological
  apparatus of project risk management is not sufficiently developed. The result of applying the method of induction in the analysis of the General theory of project risk management
  terms the planned commercialization of innovation, identified areas of possible application
  of effort in the management of project risks in investment planning implementation of
  innovations, the main of which is recognized as a building of special reserve funds within the
  project budget for the relief of consequences of the possible manifestations related risks. Alternative
  methods for justifying the values of risk reserve funds for cash flows from operating
  activities and capital expenditures were created by means of an essential analysis and an actual
  methodology for constructing the values of risk reserve funds. Using classical deduction to
  previously obtained results, an algorithm for planning free cash flows of an innovative project
  was developed and formalized, provided that it is necessary to ensure a highly probable possibility
  of its implementation. The algorithm for accounting for project risks has been tested
  on practical material. The results of the study are not only of theoretical and methodological
  significance, but also have a high practical significance. The scope of their application is not
  limited to the use of high — tech innovations in the framework of investment design. They can
  and should be used in all cases when it is necessary to reliably achieve the priority goals set by
  the initiators of risky investments in the real sector of the economy in the future.
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: ru
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: St Petersburg State University
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: St Petersburg University Journal of Economic Studies;Volume 39; Issue 2
metadata.lang: -
metadata.name: dc.subject
metadata.value: project risk management
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: resource risk management
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: net present value
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: cash flows
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: discounting
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: risk price
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: reserve funds
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: project evaluation
metadata.lang: en_GB
metadata.name: dc.title
metadata.value: Current approaches to resource risk-management of innovative projects
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Article
metadata.lang: en_GB
resources.filename: 04.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/41735/1/04.pdf
resources.format: Adobe PDF
resources.size: 915,63 kB