Analysis of Quantitative Methods of Risk Assessment and Selection of Optimal Method Using Venture Investment in Innovative Projects in Construction

Baltic Journal of Real Estate Economics and Construction Management 2016
Valeria Pugacheva

One of the main factors that constrains using of venture investment in innovative projects in the field of construction is high risk of this type of investment. Thus, the problem of risk assessment is relevant in the venture investment of innovative projects. First of all, it should be noted that the risks in the construction industry have considerable specificity and heterogeneity. Real options approach is an important tool with venture investment at all stages. It can be widely used in innovative projects in construction for accurate risk assessment.

Keywords
Risks, venture investment, quantitative risk assessment, real options method, models of the Black – Scholes and the binomial
DOI
10.1515/bjreecm-2016-0012
Hyperlink
https://content.sciendo.com/view/journals/bjreecm/4/1/article-p153.xml

Pugacheva, V. Analysis of Quantitative Methods of Risk Assessment and Selection of Optimal Method Using Venture Investment in Innovative Projects in Construction. Baltic Journal of Real Estate Economics and Construction Management, 2016, Vol.4, pp.153-167. ISSN 2255-9604. e-ISSN 2255-9671. Available from: doi:10.1515/bjreecm-2016-0012

Publication language
English (en)