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  • 2023
  • Working Paper

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 Risk-Taking in Science’

By: Jacqueline N. Lane
In their Discussion Paper, Franzoni and Stephan (F&S, 2023) discuss the shortcomings of existing peer review models in shaping the funding of risky science. Their discussion offers a conceptual framework for incorporating risk into peer review models of research... View Details
Keywords: Risk and Uncertainty; Research; Resource Allocation; Perception
Related
  • September 2007 (Revised May 2011)
  • Case

Commercializing an MRI Breakthrough

The challenges and best strategies for the commercialization of university technologies are illustrated in this case which documents an MRI breakthrough that arose from the Charles Marcus laboratory at Harvard. Students discuss the interdependencies of intellectual... View Details
Keywords: Business Model; Decision Choices and Conditions; Higher Education; Patents; Research and Development; Science-Based Business; Commercialization
Related
  • 25 Apr 2011
  • News

Harvard Business School Professor Emeritus Renato Tagiuri Dead at 91

  • June 2004 (Revised November 2004)
  • Case

Acorda Therapeutics: Rebuilding the Spinal Cord

Acorda is an early-stage life science start-up with a promising product that is close to reaching the market (Phase III clinical trials). The company is grappling with how to expand its portfolio of molecules to make the business more sustainable. It faces classic... View Details
Keywords: Decision Making; Science-Based Business; Health Testing and Trials; Business Startups; Product Development; Biotechnology Industry
Related
  • 15 May 2015
  • News

Ethical Negotiation: Not an Oxymoron

  • 24 Jan 2022
  • News

How B2B Businesses Can Get Omnichannel Sales Right

  • 20 Jun 2013
  • News

What Makes Rituals Special? Join Us For A Google+ Conversation

  • 14 Apr 2019
  • Video

Instagram Takeover - Arts Society Trek in NYC

    Jacob M. Cook

    Jacob Cook is a Lecturer in the Marketing Unit at Harvard Business School, where he teaches the EC course Digital Marketing & AI Workshop. His work focuses on how companies design and scale customer acquisition and retention strategies using digital marketing,... View Details

    • 03 Feb 2015
    • News

    What's missing in America's immigration debate

    • 23 Feb 2017
    • News

    Asian Last Names Lead To Fewer Job Interviews, Still

      Feng Zhu

      Feng Zhu is the MBA Class of 1958 Professor of Business Administration at Harvard Business School, where he leads the Platform Lab within the Digital, Data, and Design Institute, co-chairs the Harvard Business Analytics Program, and serves as the course head for the... View Details

        Joshua D. Margolis

        Joshua Margolis is James Dinan and Elizabeth Miller Professor of Business Administration and the Unit Head for the Organizational Behavior unit. He is also Faculty Chair of the Program for Leadership Development. His research and teaching revolve around leadership... View Details

        Keywords: furniture; health care; insurance industry; nonprofit industry; pharmaceuticals
        • 15 Oct 2013
        • First Look

        First Look: October 15

        science to consumers. It found it increasingly necessary to direct more of its resources towards marketing, including a major investment in Jennifer Aniston as its celebrity spokesperson. Were they becoming less of a biotech company and... View Details
        Keywords: Sean Silverthorne

          Maria P. Roche

          Maria Roche is an Assistant Professor in the Strategy Unit. She teaches the MBA elective Innovating at Scale and contributes to teaching in executive education programs. Her research examines how specialized knowledge is commercialized and how... View Details

          Keywords: education industry; biotechnology; high technology
          • 30 Jul 2014
          • News

          Were OkCupid’s and Facebook’s Experiments Unethical?

          • 05 Dec 2024
          • HBS Seminar

          Amanda Sharkey, Mendoza College of Business

          • 04 Oct 2019
          • Working Paper Summaries

          Soul and Machine (Learning)

          Keywords: by Davide Proserpio, John R. Hauser, Xiao Liu, Tomomichi Amano et al.
          • 27 Aug 2008
          • Research & Ideas

          Creating Leaders for Science-Based Businesses

          It's been said that in this century, carbohydrates will replace hydrocarbons, and biology will supplant physics as the innovation-producing science. As science fiction becomes science fact, and with... View Details
          Keywords: by Garry Emmons; Biotechnology; Health

            Christina M. Wallace

            A self-described “human Venn diagram” Christina Wallace has crafted a career at the intersection of business, technology, and the arts. She is a Senior Lecturer in the Entrepreneurial Management Unit at Harvard Business... View Details

            Keywords: arts; venture capital industry; consumer products; service industry; internet