Taking Technical Risks
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Taking Technical Risks
| Author | : Lewis M. Branscomb |
| Publisher | : MIT Press |
| Total Pages | : 232 |
| Release | : 2003 |
| Genre | : Business & Economics |
| ISBN | : 9780262524193 |
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Overcoming technical risks requires demonstrating the soundness of a technical concept in a controlled setting and readying the product technology for the market. Topics include the extent to which purely technical risk is separable from market risk, how industrial managers make decisions on funding early-stage, high-risk technology projects, and how the government can and should act to reduce the technical risks so that firms will invest in them.
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