Abstract:Firstly, according to the divisions of risk management process by five international organizations , the risk management process is divided into risk identification, risk analysis, risk evaluation, risk response, risk monitoring, and the risk matrix is applied to each stage of risk management. Secondly , to identify the risk of technology innovation from the two dimensions of process and risk,on this basis, the Delphi method is used to analyze the risk factors of the likelihood and the severity of consequences, and take appropriate risk response according to the evaluation results .Finally, several ways to monitor technology innovation risk are summarized.