TY - GEN AB - 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. AU - Boyce, Morgan, CN - T175 DO - 10.1007/978-3-031-43608-6 DO - doi ID - 1482666 KW - Projets de recherche et de développement. KW - Recherche industrielle. KW - Research and development projects. KW - Research, Industrial. KW - Business failures. LK - https://univsouthin.idm.oclc.org/login?url=https://link.springer.com/10.1007/978-3-031-43608-6 N2 - 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. SN - 9783031436086 SN - 3031436083 T1 - Principal investigators and R&D failure :probability of innovation failure in small business / TI - Principal investigators and R&D failure :probability of innovation failure in small business / UR - https://univsouthin.idm.oclc.org/login?url=https://link.springer.com/10.1007/978-3-031-43608-6 ER -