Technology assessment
What is Technology Risk Assessment?
Information Technology (IT) has gained wide importance amongst the competitive position of firms and hence managers have grown more sensitive to their organization’s overall IT risk management. With the aim to avoid such losses, managers are employing various qualitative and quantitative risk analysis methodologies. The risk analysis literature, however, suggests that these managers typically utilize a single methodology, not a combination of methodologies.


The purpose of this article is to review our knowledge about technological risk perception and assessment in particular emerging technologies and to suggest possible strategies to use this knowledge for improving our risk management practice. Technological risk assessment is generally defined as the “processing of physical signals and/or information about a potentially harmful impact of using technology and the formation of a judgment about seriousness,