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Innovations in the Context of the Risk Management

Author

Listed:
  • Anna Karmanska

    (Warsaw School of Economics, Poland)

  • Tomasz Michalski

    (Warsaw School of Economics, Poland)

  • Adam Sliwinski

    (Warsaw School of Economics, Poland)

Abstract

Modern companies seeking to increase in the value have to be innovative. This is because innovation is an attribute of a knowledge-based economy, the competitiveness of enterprises, the market value of the company's growth and the challenge for many industries, not just those who are exposed to rapid technological progress. Innovations are a necessity component in products, processes and business model of the organization, logistics, environment and marketing. Human capital is a key factor in that component which. The paper refers to risk management of the innovative company. The authors ask a question: What determines limits of innovation and what fields of management are key elements of success? Two fields are identified: cost management of innovation process and insurance connected to that process. Background for the deliberations undertaken is knowledge based management of innovative company.

Suggested Citation

  • Anna Karmanska & Tomasz Michalski & Adam Sliwinski, 2013. "Innovations in the Context of the Risk Management," Diversity, Technology, and Innovation for Operational Competitiveness: Proceedings of the 2013 International Conference on Technology Innovation and Industrial Management,, ToKnowPress.
    • Handle: RePEc:tkp:tiim13:s1_86-102.pdf
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    References listed on IDEAS

    as
    1. Emily Norman Zietz, 2003. "An Examination of the Demand for Life Insurance," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 6(2), pages 159-191, September.
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