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A Scientific Approach to Innovation Management

Project description

Data-tested models for innovation management

There is strong evidence that managers and entrepreneurs lack appropriate methods to make decisions under uncertainty. Consequently, the innovation and success of many start-ups are undermined. The EU-funded SAIM project will study whether a scientific approach based on the formulation of data-tested models can improve the decision-making ability of managers and entrepreneurs. The project will develop a framework that explains the mechanisms and implications of this method and tests them through a large-scale randomised control trial in six international sites. The aim is to show that such an approach improves performance and outcome: unsuccessful projects are terminated earlier and changing a project by interpreting signals becomes easier. SAIM will ultimately change innovation management and entrepreneurship perception.

Host institution

UNIVERSITA COMMERCIALE LUIGI BOCCONI
Net EU contribution
€ 1 978 213,00
Address
Via Sarfatti 25
20136 Milano
Italy

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Region
Nord-Ovest Lombardia Milano
Activity type
Higher or Secondary Education Establishments
Non-EU contribution
€ 0,00

Beneficiaries (1)

UNIVERSITA COMMERCIALE LUIGI BOCCONI
Italy
Net EU contribution
€ 1 978 213,00
Address
Via Sarfatti 25
20136 Milano

See on map

Region
Nord-Ovest Lombardia Milano
Activity type
Higher or Secondary Education Establishments
Non-EU contribution
€ 0,00