Risk Management Strategy for International Investment Projects of an Innovative Enterprise in the Context of Industry 4.0

Abstract

The significance of risk management within the framework of Industry 4.0 is on the rise, particularly within the realm of international investment projects. Contemporary technological advancements, such as artificial intelligence and blockchain, are not only ushering in fresh prospects but are also instigating the emergence of novel categories of risks. The primary objective of this investigation is to formulate an all-encompassing strategic risk management framework tailored to innovative enterprises operating within the purview of Industry 4.0. The pragmatic import of this investigation resides in its potential utility for enhancing managerial decisionmaking across various tiers of the organizational hierarchy. The presented material seeks to facilitate the alignment of conventional risk management approaches with the intricacies inherent in Industry 4.0. Nonetheless, it is imperative to acknowledge that the efficacy of the formulated model may hinge upon contextual nuances and might necessitate supplementary adaptations.