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Untitled - Ministerstwo Rozwoju Regionalnego

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changes in competitive structure of the market after the implementation of innovation,<br />

etc.). The organisational aspect will consist mainly in a lack of acceptance<br />

by transport customers of changes in the way the services are rendered,<br />

market communications, principles of related services production, and the like.<br />

Its internal dimension includes the company personnel's possible reluctance,<br />

who may actively or passively oppose any changes. The financial dimension<br />

will include all the innovative aspects which will have a negative impact on the<br />

company's cash flow, i.e. temporary drop in revenues during the implementation<br />

of innovation, growth of service production costs, etc. A specific risk will include<br />

all the other effects that cannot be easily categorized as functional risks<br />

and result from unique character of a given innovation.<br />

The aim of risk management in innovation processes is identification of areas<br />

of uncertainty that arise due to innovations and protection from their possible<br />

negative impact. Because the very process of innovation involves a possibility<br />

of the development of various scenarios, impossible to predict a priori –<br />

which results from the nature of innovation that is supposed to go beyond the<br />

current way of thinking – planning risk strategies for innovation processes must<br />

be of framework character only. Risk management in transport innovation processes<br />

must be oriented at eliminating incidents that could diminish the positive<br />

impact of innovations rather than elimination of divergences from the original<br />

plan.<br />

Innovative risk is one of the least measurable risks. In this case, from the<br />

practical point of view, it is best to base on quantitative assessment of risk, particularly<br />

on the assessment of potential threats to potential additional cash flow<br />

that is supposed to be the effect of innovation. However, in transport – because<br />

of the nature of services – it is difficult to estimate the exact value of possible<br />

risk, because risk factors are hard to measure. Moreover, it is difficult to specify<br />

unambiguously the impact of abortive innovations on potential loss of company<br />

value, because in the case of innovation there is no benchmark with which it<br />

could be compared. This is why quantitative assessment should be supplemented<br />

with qualitative methods. Of a wide range of tools for qualitative estimation<br />

of risk parameters in the assessment of innovativeness in transport, the<br />

list of risk, risk mapping and risk matrix methods deserve particular attention.<br />

All these methods enable the description of individual components of innovation,<br />

which in turn enables identification of its weaknesses and determination of<br />

the probability of their occurrence. This probability juxtaposed with the strength<br />

of impact (i.e. a maximum possible loss a given factor may generate) makes it<br />

possible to estimate the level of risk during the implementation of a given innovation.<br />

Formalised transport innovative risk assessment, replacing the previous –<br />

often intuitive – kinds of assessment, is necessary for maintaining a reasonable<br />

time frame of risk analysis and appropriate allocation of resources (material and<br />

human) for risk assessment, so that the cost of this activity would not be higher<br />

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