Key success factors for technological entrepreneurs' R&D projects

被引：53

作者：

Åstebro, T ^{[1
]}

机构：

[1] Univ Toronto, Joseph L Rotman Sch Management, Toronto, ON M5S 3E6, Canada

来源：

IEEE TRANSACTIONS ON ENGINEERING MANAGEMENT | 2004年 / 51卷 / 03期

基金：

加拿大自然科学与工程研究理事会;

关键词：

early stage R&D; probability of commercialization; project evaluation; project screening; technological entrepreneurs;

D O I：

10.1109/TEM.2004.830863

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The impact of 36 innovation, technology, and market characteristics on the probability that early stage R&D projects will reach the market is examined. Analysis is based on data from 561 R&D projects developed by technological entrepreneurs. Four characteristics stand out as most predictive: expected profitability, technological opportunity, development risk, and appropriability conditions. These predict future commercial success well with an out-of-sample accuracy of 80.9%. This model performs better than R&D managers' and venture capital's (VC's) forecasts of success and has the potential to be used as a screening tool for early stage R&D investment reviews by, for example, VCs. Implications for both research and practice are discussed.

引用

页码：314 / 321

页数：8