Intelligent Data Analytics System for Innovation Efficiency Assessment Based on Risk Analysis

The paper provides the description of intelligent decision-support system, providing reliable assessment of scientific and technical innovation efficiency, including subsequent assessment of risks associated with innovation implementation process. The system is able to identify the possibility of positive outcomes occurrence, resulting from innovative project results. In addition, risk probability calculation is introduced to provide more transparent project efficiency analysis. For the purpose of effective decision making the authors introduced different risk types and states, which are associated with the corresponding flags-features, revealing the threat of certain risk appearance. The paper provides the description of the mathmatical core of the risk-based intelligent system for scentific and tecnological solutions assessment, giving the possibility monitor and eliminate possible negative outcomes from innovation implementation process. As a result, each particular risk is associated with its own characteristic function, illustrating the extent of risk dominance.