Analytical approach to the diversification effect evaluation of the innovative engineering projects portfolio for a machine-building enterprise

Abstract

As a tool to reduce the risks of innovation at the machine-building enterprises the authors suggest a new methodology aimed at point-based assessment of innovation risks. However, the experts are more likely to give interval estimates when assessing the risks of innovation. To work with interval estimates, a new software system was developed. The authors suggest using a market model that assumes a division of risks into systematic and non-systematic and allows to take into account the effect of diversification of the innovative portfolio of the machine-building enterprise. The steps of the methodology and its approbation on the data on innovative projects of one of Russian Federal Space Agency (Roskosmos) enterprises are presented in the paper.

The Effect of Venture Capital on Enterprise Benefit According to the Heterogeneity of Human Capital of Entrepreneur

“…With the development of social economy, the transformation of economic model and industrial structure of all kinds of high-tech enterprises is imminent, and the state attaches more and more importance to the innovation ability of enterprises. As an incubation tool for SME and even large enterprises, VC can encourage enterprise innovation and improve the competitive advantage of enterprises through the support of external capital, manpower, and experience (Scarpellini et al, 2018;Schmutzler and Lorenz, 2018;Golovenkin et al, 2020). Therefore, in this study, the variable of enterprise innovation ability is firstly introduced to analyze the relationship between enterprise human-capital VC and enterprise innovation ability.…”