School of Management (capstones)

Permanent URI for this collection

Now showing 1 - 1 of 1

RISK ASSESSMENT BY DEVELOPMENT FINANCE INSTITUTIONS IN INVESTMENTS INVOLVING EMERGING AND DISRUPTIVE TECHNOLOGIES
(2024) Parkhomchuk, Oleksii
This paper critically examines the role of Development Finance Institutions (DFIs) in managing risks associated with Emerging and Disruptive Technologies (EDTs). As these technologies increasingly permeate various sectors, this research identifies a significant gap in DFI policies and risk assessment methodologies. The study employs a methodological approach combining in-depth interviews with key stakeholders and comprehensive reviews of existing policy documents. These approaches reveal a pressing need for enhanced risk assessment frameworks within DFIs, particularly concerning the unique challenges posed by EDTs. The paper introduces the Technology Assessment Questionnaire (TAQ), a tool developed to better equip DFIs in evaluating EDT-related risks. This tool's application in assessing investment projects has demonstrated its utility in improving the understanding and management of technology-related risks. The research underscores the necessity for DFIs to adopt more robust and technology-specific risk assessment tools to balance the promotion of innovation with the responsible deployment of EDTs. The findings suggest that while DFIs recognize the importance of EDT risk, their current practices and policies need refinement to effectively address these emerging challenges.