Study about Risk Evaluation for Enterprise´ Technology Innovation Based-On Grey Hierarchy Method

Author

Wang, Lixin ; Fan, Hong

Author_Institution

Glorious Sun Sch. of Bus. & Manage., Donghua Univ., Shanghai, China

fYear

2009

fDate

20-22 Sept. 2009

Firstpage

1

Lastpage

7

Abstract

The uncertainty of technology innovation results in high risk. It is very important to innovation success that enterprise systematically manage risks in the technology innovation process. The main task of risk management is to identify and evaluate all risks. In the article, the source of innovation risk is concluded technology risk, market risk, organizing risk and environmental risk. On the basis of grey system theory and AHP method, a grey hierarchy evaluation model is put forward to quantitatively evaluate innovation risks. The purpose is to help enterprise assessing risks and taking countermeasure to minimize the potential loss and increase the innovation income.

Keywords

grey systems; innovation management; risk management; technology management; analytic hierarchy process method; enterprise technology innovation; environmental risk; grey hierarchy evaluation model; grey system theory; market risk; organizing risk; risk evaluation; risk management; technology risk; Innovation management; Mass production; Organizing; Research and development; Risk management; Sun; Technological innovation; Technology management; Testing; Uncertainty;

fLanguage

English

Publisher

ieee

Conference_Titel

Management and Service Science, 2009. MASS '09. International Conference on

Conference_Location

Wuhan

Print_ISBN

978-1-4244-4638-4

Electronic_ISBN

978-1-4244-4639-1

Type

conf

DOI

10.1109/ICMSS.2009.5301782

Filename

5301782