• DocumentCode
    1513525
  • Title

    The risk of investment in technological innovation

  • Author

    Statman, M. ; Tyebjee, T.T.

  • Author_Institution
    Leavey Sch. of Bus. & Adm., Santa Clara Univ., CA, USA
  • Issue
    4
  • fYear
    1984
  • Firstpage
    165
  • Lastpage
    171
  • Abstract
    It is shown that the prevalent view that investment in technological innovation is particularly risky is incomplete. Specifically, while such investments may be very risky when viewed from the perspective of a project manager, they are less so when viewed from the perspective of top management (or the firm), and they are no more risky than average when viewed from the perspective of investors.
  • Keywords
    economics; management; economics; investors; management; project manager; risk of investment; technological innovation; top management; Companies; Drugs; Insurance; Investments; Portfolios; Technological innovation; Venture capital;
  • fLanguage
    English
  • Journal_Title
    Engineering Management, IEEE Transactions on
  • Publisher
    ieee
  • ISSN
    0018-9391
  • Type

    jour

  • DOI
    10.1109/TEM.1984.6447533
  • Filename
    6447533