Logistics risks of commercialization of innovations of industrial enterprises

Author:

,Illiashenko SergiiORCID,Shypulina YuliiaORCID, ,Illiashenko NataliiaORCID, ,Golysheva IevgeniiaORCID,

Abstract

The article is devoted to the definition and systematization of logistical risks of innovations commercialization of industrial enterprises, as well as the development of approaches to quantitative assessment and consideration of these risks when justifying innovative projects. From the point of view of the logistic approach, the essence and content of the commercialization stage for various options of the innovation process, separated by the type of innovative business, the degree of radicalization of innovative activity, and the size of the industrial enterprise-innovator, have been clarified. The role of logistical support for the commercialization of innovations during the implementation of the specified options of the innovation process is revealed. The content of logistics support measures concerning procurement, production, and distribution logistics is detailed. The systematization (by environment of occurrence and factors of influence) of logistics risks of commercialization of innovative products of industrial enterprises has been carried out: risks of the macro environment (caused by the impact of its components), risks of external logistics systems (caused by the influence of their links), risks of the internal logistics system (caused by the impact of its elements), risks logistic support management systems (caused by incomplete certainty regarding the subject, conditions and consequences of management decisions). The nature of the manifestation, the degree of influence, and the possibilities of managing the selected risks are determined. A systematic approach to the quantitative assessment of logistics risks of commercialization of innovations of industrial enterprises, particularly those that have a more significant influence on the results of commercialization (risks of external and internal logistics systems), is proposed. The essence of risk management measures based on assessment results, in particular, aimed at reducing their level, is outlined. The results of the study develop and deepen the fundamental aspects of risk management of innovative projects in terms of identification, determination of the causes of manifestation, influencing factors, quantitative assessment, and minimization of logistical risks of commercialization of innovations of industrial enterprises in the permanently unstable conditions of the modern economy, caused by the fourth industrial revolution and the transformation of technological systems.

Publisher

SHEI Ukrainian State University of Chemical Technology

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