ASSESSMENT OF RISKS IN INNOVATIVE COMPANIES IN MARINE TRANSPORT
Authors:   Odessa National Maritime University, Hrebennyk Natalia , Pavlenko Oleksandr ,   Odessa National Maritime University, Pshonko Yulia ,   Odessa National Maritime University
Published: January 2025

This article focuses on the analysis and assessment of risks in innovative companies operating in the maritime transport sector. It identifies key aspects that influence risk management and strategic planning in this industry. The main attention is given to the impact of innovations on competitiveness and the complexity of risk assessment, especially considering the implementation of new technologies. The article examines the classification of risks according to various criteria, including source, type, impact, and probability of occurrence, which allows for the development of appropriate management strategies for each type of risk.The authors use both quantitative and qualitative methods of risk assessment, providing a deep understanding of threats and enabling the development of effective risk minimization strategies. Scenario analysis and risk modeling have proven particularly useful for predicting the consequences of various risk events. The analysis of specific examples of innovative companies in the maritime transport sector emphasizes that risk management must be adapted to the specifics of each company, with a study of successful and unsuccessful cases.The article also highlights the importance of integrating risk management into all aspects of a company's strategic planning. The role of corporate culture in risk management is crucial, as it affects a company's readiness to embrace innovations and risks. The recommendations presented in the study underscore the need to develop a risk-oriented culture and training to enhance the effectiveness of risk management.This comprehensive study further delves into the unique challenges faced by innovative companies in the maritime transport sector. It underscores the dynamic nature of the industry, where technological advancements and global market shifts constantly redefine the risk landscape. The article also explores the critical role of stakeholder engagement in risk management, emphasizing the need for transparent communication and collaboration between company management, employees, investors, and regulators. This approach not only aids in identifying potential risks early but also fosters a proactive culture towards risk mitigation.Moreover, the research highlights the significance of continuous monitoring and updating of risk management strategies to accommodate new information and changes in the operational environment. It advocates for a flexible and responsive risk management framework that can quickly adapt to emerging risks and opportunities. The study concludes with a call for ongoing research and development in risk assessment methodologies, particularly in harnessing data analytics and artificial intelligence to predict and manage risks more effectively in the rapidly evolving maritime transport industry. This forward-thinking approach is essential for maintaining resilience and competitiveness in a sector that is increasingly influenced by innovation and technological change.Keywords: risks, innovative company, maritime transport, risk assessment, risk management