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Book Cover
E-book
Author Boyce, Morgan, author

Title Principal investigators and R&D failure : probability of innovation failure in small business / Morgan Boyce
Published Cham : Springer, [2023]
©2023

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Description 1 online resource (xiii, 122 pages) : illustrations
Series Academic entrepreneurship, scientists, and scientific careers, 2523-7012
Academic entrepreneurship, scientists, and scientific careers. 2523-7012
Contents Introduction. R&D project failure and principal investigators -- Part I. Contextual setting. Publicly funded collaborative R&D: the case of the US Department of Energy ; Legislative history of the SBIR program ; A theoretical model of R&D project success or failure ; Department of Energy and SBIR data ; Collaborative R&D firm and project characteristics: empirical insights ; Principal investigators experience in collaborative R&D: empirical findings -- Part II. Reflections and future perspectives. PIs and R&D project failure: reflections and future research avenues
Summary 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
Bibliography Includes bibliographical references and index
Notes Online resource; title from PDF title page (SpringerLink, viewed October 23, 2023)
Subject Research and development projects.
Research, Industrial.
Business failures.
Business failures
Research and development projects
Research, Industrial
Form Electronic book
ISBN 9783031436086
3031436083