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Principal Investigators and R&D Failure: Probability of Innovation Failure in Small Business.
・ISBN 978-3-031-43610-9 paper EUR 139.99
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| 著者・編者 | Boyce, Morgan, |
|---|---|
| シリーズ | (Academic Entrepreneurship, Scientists, and Scientific Careers) |
| 出版社 | (Springer International Publishing AG, SZ) |
| 出版年月 | 2024 |
| ページ数 | 122 pp. |
| 言語 | ENG |
| ニュース番号 | ＜A03-82306＞ |
解説
Failure in R&D efforts are fairly common and with many factors that contribute to the outcome. This book focuses on the role of principal investigators (PIs) in R&D project failures and provides a theoretical model explaining how firm characteristics, including those of the PIs, impact the probability of failure. The theoretical model also serves as a structural form model to motivate the empirical analysis which assesses the probability of failure in small technology-based firms. The author uses data from the U.S. Department of Energy's (DOE) Small Business Innovation Research (SBIR) program to build a new and informative tool to assess R&D projects and demonstrate the strengths of the theoretical model. The association between PIs and R&D failure not only provides insights that can have a downstream impact to economic growth, but it can also provide policymakers with valuable information to aid decisions in allocating funds for R&D.