RISK MANAGEMENT IN INNOVATIVE PROJECTS: STRATEGIC APPROACHES TO REDUCING ENTERPRISE UNCERTAINTY AND IMPROVING ORGANIZATIONAL STABILITY
Keywords:
Innovation projects, risk management, project uncertainty, organizational sustainability, strategic management, financial risks, technological risks, innovative economy, project management, enterprise competitiveness.Abstract
This article examines the theoretical and practical aspects of risk management in innovative projects under conditions of economic globalization and technological transformation. The study analyzes the nature of innovation risks, their economic and organizational consequences, and modern methods for minimizing uncertainty in enterprise activities. Particular attention is devoted to financial, technological, market, legal, and managerial risks affecting innovative projects during different stages of implementation. The research applies systemic, analytical, comparative, and strategic approaches to evaluate methods of risk reduction and project sustainability. Research findings demonstrate that integrated risk-management systems significantly improve project effectiveness, reduce financial losses, strengthen organizational adaptability, and increase enterprise competitiveness. The article further explores the role of national legislation, digital technologies, and project-management mechanisms in supporting sustainable innovation development in Uzbekistan.
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