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Uncertainty and Risk-Taking in Science : Meaning, Measurement and Management

Franzoni, Chiara; Stephan, Paula E. - National Bureau of Economic Research - 2021

An underlying rationale for public support of science is that private companies underinvest in research of a risky nature. Yet, risk in science is a poorly understood concept. This paper sets out the foundations for understanding, measuring and managing risk in science. We review insights...

Persistent link: https://www.econbiz.de/10012496115

Uncertainty and risk-taking in science : meaning, measurement and management in peer review of research proposals

Franzoni, Chiara; Stephan, Paula E. - In: Research policy : policy, management and economic … 52 (2023) 3, pp. 1-12

Persistent link: https://www.econbiz.de/10014250420

The subjective expected utility approach and a framework for defining project risk in terms of novelty and feasibility : a response to Franzoni and Stephan (2023), "uncertainty and...

Lane, Jacqueline N. - In: Research policy : policy, management and economic … 52 (2023) 3, pp. 1-7

Persistent link: https://www.econbiz.de/10014250423

The jurisdiction of the subjective expected utility (SEU) approach to risk-taking in science : a response to Franzoni and Stephan (2023), "uncertainty and risk-taking in science"

Heinze, Thomas - In: Research policy : policy, management and economic … 52 (2023) 3, pp. 1-5

Persistent link: https://www.econbiz.de/10014250431

Against misleading technocratic precision in research evaluation and wider policy : a response to Franzoni and Stephan (2023), "uncertainty and risk-taking in science"

Stirling, Andy - In: Research policy : policy, management and economic … 52 (2023) 3, pp. 1-9

Persistent link: https://www.econbiz.de/10014250439

Last word on the discussion regarding the paper : "uncertainty and risk-taking in science : meaning, measurement and management in peer review of research proposals"

Franzoni, Chiara; Stephan, Paula E. - In: Research policy : policy, management and economic … 52 (2023) 3, pp. 1-2

Persistent link: https://www.econbiz.de/10014250456