RIMINO – Risk-minimized innovation management is a method developed by INVENSITY to systematically reduce innovation risks.
While systematic risk management has long been standard in other areas, none has been found for innovations so far. This is all the more astonishing since about 2/3 of all innovation projects fail. Considering that on average about 50% of the R&D budget is invested in innovations, almost 1/3 of all R&D expenditure is lost. If the success rate of innovations is increased even slightly, this results in a large financial potential.