Application of a Method of Real Options in Innovative Projects Management

• Main Authors: Olga Vladimirovna Rostova, Anastasia Sergeyevna Rostova, Evgenia Sergeyevna Rodionova
• Format: Article
• Language: English
• Published: North-West institute of management of the Russian Presidential Academy of National Economy and Public Administration 2018-04-01
• Series: Управленческое консультирование
• Subjects: risk assessment; real options; innovative projects; investment analysis; performance indicators; method of cash flow analysis; innovative project stages
• Online Access: https://www.acjournal.ru/jour/article/view/694
• ISSN: 1726-1139; 1816-8590

The article is devoted to a problem of an assessment of innovative projects risks arising at the introduction stage. The authors propose the algorithm of design and integration of real options into innovative projects allowing to increase the flexibility of multi-stage projects management which have the adapting possibility to changing implementation conditions.