Research On High-tech Enterprise Technology Innovation Risk Management

Hi-tech venture enterprises are enterprises of intense technology, knowledge and talentsbased on technological innovation. However, technological innovation brings high risks whenit helps achieve high gain. External environment uncertainties, technical difficulty andcomplexity and their own limited ability to manage can all lead to a lower success rate, andcause damage to the enterprise. With accelerating globalization process and intensifyingmarket competition those risks drawn more attention from theorists who are trying to figureout how to identify and prevent a wide range of risk factors in technological innovations andto improve capacity to handle those risks and to improve technology innovation capability.Therefore, more attention should be given to risk management in high-tech enterprisetechnology innovation.This article will introduce enterprise risk management theory in high-tech. Combiningthe theory of comprehensive risk management and innovative technology theory, the authorwill study the specific characteristics and risks in high-tech enterprises. The first part(Chapters1and2) mainly describes the background, purpose and meaning and probes intohigh-tech enterprises and technological innovation research literature. Chapter one deepensunderstanding of risk management theory in technology and specifies the main idea of thisthesis by reviewing the theories of technological innovation and comprehensive riskmanagement. Inspired by a comprehensive risk management theory, the second part (the third,fourth and fifth chapters) constructs risk management framework in high-tech enterprisesthrough three processes: risk identification, risk assessment and technology innovation. Basedon that, comprehensive risk Management Assessment System on technique innovation isdesigned and risk management system and risk warning mechanism are introduced. The thirdpart (Chapter VI) taking the AL companies as an example extracts44risk factors to build theindex system. It assesses the level of risk factors using the Analytic Hierarchy Process (AHP) and fuzzy comprehensive evaluation method and proposes a response plan and builds theearly-warning mechanism. The last part makes conclusions and outlook. It’s a summary ofthis article and points out the shortcomings and deficiencies of the article, and the need towork after orientation.