Taking leaps of faith: Evaluation criteria and resource commitments for early-stage inventions

• Main Authors: KIM, Phillip H., Reddi KOTHA, FOURNÉ, Sebastian P. L., COUSSEMENT, Kristof
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2019
• Subjects: early-stage scientific inventions; opportunity evaluation criteria; high-risk opportunities; text analysis; resource commitments; entrepreneurial action; Entrepreneurial and Small Business Operations; Strategic Management Policy
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/6086; https://ink.library.smu.edu.sg/context/lkcsb_research/article/7085/viewcontent/Taking_leaps_of_faith__Evaluation_criteria_and_resource_commitmen.pdf
• Institution: Singapore Management University

Successfully developed academic inventions have the potential to spawn new technological domains, form the basis of thriving business ventures, and improve the well-being of society. However, evaluating whether an early-stage scientific invention truly has such potential is extremely difficult, and...