{"product_id":"9783031436109","title":"Principal Investigators and R\u0026D Failure: Probability of Innovation Failure in Small Business","description":"\u003ch1\u003ePrincipal Investigators and R\u0026amp;D Failure: Probability of Innovation Failure in Small Business\u003c\/h1\u003e \u003ch2\u003eBoyce, Morgan\u003c\/h2\u003e \u003cp\u003e\u003c\/p\u003e\u003cp\u003eFailure in R\u0026amp;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\u0026amp;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\u0026amp;D projects and demonstrate the strengths of the theoretical model. The association between PIs and R\u0026amp;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\u0026amp;D.\u003c\/p\u003e \u003ch3\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Springer\u003c\/p\u003e \u003cp\u003ePublication Date: 2024-10-20\u003c\/p\u003e \u003cp\u003eFormat: Paperback\u003c\/p\u003e \u003cp\u003eISBN-13: 9783031436109\u003c\/p\u003e \u003cp\u003eDOI: 10.1007\/978-3-031-43608-6\u003c\/p\u003e \u003cp\u003eDimensions: 235.0cm x155.0cm\u003c\/p\u003e \u003cp\u003ePages: 122.0\u003c\/p\u003e ","brand":"Springer International Publishing","offers":[{"title":"Default Title","offer_id":44676956913804,"sku":"9783031436109","price":152.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9783031436109.jpg?v=1763166601","url":"https:\/\/fh90cf-fv.myshopify.com\/products\/9783031436109","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}