High-tech risk management

Author: Lewis M. Branscomb
Publisher:
Publish Date: 2003-01-01
Features: The book "High-Tech Risk Management" explores the three gaps that must be crossed from invention to innovation by studying the stories of both successful and unsuccessful individuals. These gaps include the financing gap between research and commercialization, as well as the R&D gap between fundamental research and market demand. The author portrays the evolution of an innovation system in which individual inventors and companies have sufficient incentives to undertake significant technological risks, while the government plays an indispensable role in this system. The book is filled with insightful perspectives and empirical evidence, making it a valuable read for policymakers, company leaders, and scholars.