Goto Control panel -> Administrative Tools -> Component
Services
Expand Tree by clicking on Component Services ->
Computers -> My Computer -> DCOM Config
Search CLSId
00020906-0000-0000-C000-000000000046 (which is for word application)
Note: If Search CLSId not finds then search by "Windows Word Application".
By selecting
00020906-0000-0000-C000-000000000046 this CLSId now right click on Properties
In the Propeties area, click on Security TAB.
Select Customize option from all (Launch and Activations
Permissions, Access Pemissions, Configuration Permissions).
Add new name as NETWORK SERVICE in all, and Allow all permissions for
this name.
Go to Identity TAB in the same properties area, select
option as a This user and then add username (which is
administrator of this machine) and password. Click on Apply, Ok.
Refresh Component Services and check your application is working
fine or not.