Investment risk assessment in the field of research and development based on the FMEA technique in view of the economic crisis in COVID‐19

Authors

1 Department of Industrial Management, Central Tehran Branch, Islamic Azad University, Tehran, Iran.

2 Department of Industrial Management, Central Tehran Branch, Islamic Azad University, Tehran, Iran. (Corresponding Author)

3 Department of Industrial Management, Central Tehran Branch, Islamic Azad University, Tehran, Iran

4 Department of Industrial Management, West Tehran Branch, Islamic Azad University, Tehran, Iran.

Abstract

Introduction: Studies during the economic crisis of COVID-19 in relation to investment risk assessment in the field of research and development can be done based on different techniques in different time and place conditions. The development was based on the FMEA technique due to the COVID-19economic crisis.
Methods: The statistical population of this study was 21 experts in the automotive industry. A library information method was used to compile the background and a questionnaire was used to evaluate the research questions, the validity of which was confirmed by using the content validity ratio. In this research, which identifies and prioritizes attractive areas of the automotive industry, the FMEA method is used.
Results:  The results showed that by reviewing previous studies and interviewing experts, the risks related to the field of investment in this field in four sections: idea generation and design, initial and detailed evaluation stage, design and development stages, testing and approval stage Mass production and market introduction were classified.
Conclusion: It seems that in the field of research and development, the risks related to the initial and detailed evaluation stage had more priority than the risks related to other stages.

Keywords

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medical journal of mashhad university of medical sciences
Volume 63, Issue 3
July and August 2020
Pages 2494-2504

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