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FUZZY MULTIPLE APPROACH OF INNOVATION PROJECT RISK ESTIMATION

Journal: The Way of Science (Vol.1, No. 29)

Publication Date:

Authors : ;

Page : 53-59

Keywords : innovation project; investment risk; sustainability; fuzzy set; membership function; net present value; efficiency boundary;

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Abstract

Many imponderables of present day business environment caused to actuality of the development of methodologies for assessing the relevance of the innovative projects risk level taking into account the different levels of ambiguity of the initial parameters. This article considers the possibility of applying the fuzzy sets theory’s tools for accounting internal and external financial, industrial and strategic factors of project uncertainty; an example of application of this algorithm is presented.

Last modified: 2016-07-21 17:45:56