2021 development issues of innovative economy in the agricultural sector

 
 

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“DEVELOPMENT ISSUES OF INNOVATIVE ECONOMY IN 
 
THE AGRICULTURAL SECTOR”
 
International scientific-practical conference on March 25-26, 2021. 
Web: 
http://conference.sbtsue.uz/uz
 
Fig 1. 
Risks Management Structures 
4.0
 
DISCUSSION 
The main characteristics of risk are incompatibility, alternative and uncertainty. A feature such 
as risk mismatch leads to a conflict of objectively existing dangerous actions with their subjective 
assessments. There are initiatives, innovative ideas, the introduction of new promising activities, as well as 
conservatism, dogmatism, subjectivism and others, which accelerate the development of technology and 
affect public opinion and the spiritual environment of society.
Speculative risks are expressed in terms of the possibility of obtaining negative and positive 
(benefits, benefits) results. These include another part of commercial risk - financial. Depending on the 
underlying cause, the risks are divided into natural, environmental, political, transportation, and 
commercial. 
Natural hazards include the risk of losses as a result of the actions of natural forces of 
nature, such as economic damage as a result of earthquakes, floods, hurricanes, epidemics, and so on. 
Environmental risk - the possibility of loss or additional costs associated with 
environmental pollution. 
Political risk - the risk of property (financial) loss due to changes in the political system, 
the balance of political forces in society and political instability. Political risks are related to the socio-
political situation in the country and the activities of the state and do not depend on the economic entity. 
These include the possibility of loss due to revolution, riots, nationalization of enterprises, confiscation of 
property, the imposition of embargoes, abandonment of previous obligations of the new government, and 
so on. Risks in this category may also include the risk of changes in legislation, ie. significant changes in 
regulatory documents governing economic activity, such as tax legislation, currency regulation legislation, 
and so on [2]. 
Transport risk. The probability of loss associated with the carriage of goods by different 
modes of transport: road, rail, sea, air, etc.

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