Principal investigators and R&D failure : probability of innovation failure in small business / Morgan Boyce.
Boyce, Morgan, author.
2023
T175
Available Online

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Title
Principal investigators and R&D failure : probability of innovation failure in small business / Morgan Boyce.
Author
Boyce, Morgan, author.
ISBN
9783031436086 (electronic bk.)
3031436083 (electronic bk.)
9783031436079
3031436075
DOI
https://doi.org/10.1007/978-3-031-43608-6
Published
Cham : Springer, [2023]
Copyright
©2023
Language
English
Description
1 online resource (xiii, 122 pages) : illustrations.
Item Number
10.1007/978-3-031-43608-6 doi
Call Number
T175
Dewey Decimal Classification
607.2
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, etc. Note
Includes bibliographical references and index.
Access Note
Access limited to authorized users.
Source of Description
Online resource; title from PDF title page (SpringerLink, viewed October 23, 2023).
Series
Academic entrepreneurship, scientists, and scientific careers. 2523-7012
Available in Other Form
Print version: 9783031436079
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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.

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