Abstract:

The innovative activity of the enterprise is influenced by numerous external and internal destabilizing factors - risks. According to the latest interpretation in the economic dictionary, the term "risk" means the danger of unexpected loss of profit due to internal and / or external adverse events. The author of the article suggests his definition of "risk". The risk is the probability when a certain decision is made and is required to be carried out by the management of the enterprise, there will be a deviation from the intended result of the enterprise's activity due to the influence of a number of factors. The risk in the innovation activity of an enterprise is the danger that the goals set by the enterprise may not be achieved in full or in part. In the average and small business, when creating a risk management system, various performance indicators of the business start to increase, as the owners pay most attention not so much to accounting as to real money, real profit. And this is a very interesting point, characteristic of risk management in medium and small companies. In Europe and around the world, mechanisms and tools have been actively developed and  designed to help introduce risk management in small businesses, taking into account a specificity of small enterprises. But the main problem is the high cost of the risk management system in small and medium-sized enterprises. These projects can be considered quite expensive for finance and human capital.