SAIM
Financiado
A Scientific Approach to Innovation Management
There is strong evidence that managers and entrepreneurs have poor methods to make decisions under uncertainty. This is a serious problem that discourages innovation and the success of many start-ups. At the aggregate level it sti...
There is strong evidence that managers and entrepreneurs have poor methods to make decisions under uncertainty. This is a serious problem that discourages innovation and the success of many start-ups. At the aggregate level it sties economic growth and the returns from many public and private incentives to innovation or entrepreneurship. This project studies whether managers and entrepreneurs can improve their ability to make these decisions by adopting a scientic approach based on the formulation of models tested with data, such as scientists do. The project develops a framework that explains the mechanisms and implications of this approach, and tests them through a large-scale RCT in six international sites. The framework shows that a scientic approach improves performance by pursuing valuable innovations and by terminating unsuccessful projects earlier. It also helps decision-makers to interpret signals: in particular, they understand better how to change a project in response to negative signals. The RCT tests mechanisms and performance of the scientic approach against current practice in innovation management, and its coverage ensures a good assessment of its validity across contexts and conditions. The results of this RCT are potentially ground-breaking because they can: (i) change the way we think innovation management and entrepreneurship; (ii) encourage the practical application of many economic and managerial theories ignored by managers or entrepreneurs in spite of their practical prescriptions; (iii) help to rethink the curricula of business schools by making a scientic approach to management more prominent and by revamping the application of economic and managerial theories; (iv) improve the mentorship of the many public and private initiatives that support innovation and entrepreneurship worldwide.
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Duración del proyecto: 60 meses
Fecha Inicio: 2021-08-26
Fecha Fin: 2026-08-31
Fecha Fin: 2026-08-31
Línea de financiación: concedida
El organismo H2020 notifico la concesión del proyecto el día 2021-08-26
Línea de financiación objetivo
El proyecto se financió a través de la siguiente ayuda:
ERC-2020-ADG:
ERC ADVANCED GRANT
Cerrada
hace 4 años
Presupuesto
El presupuesto total del proyecto asciende a
2M€
Líder del proyecto
UNIVERSITA COMMERCIALE LUIGI BOCCONI
No se ha especificado una descripción o un objeto social para esta compañía.
Perfil tecnológico
TRL
4-5
Perfil tecnológico
TRL
4-5
596.76K€ |
Participante