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Activity Number:
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76
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Type:
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Contributed
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Date/Time:
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Sunday, August 6, 2006 : 8:00 PM to 9:50 PM
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Sponsor:
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Section on Government Statistics
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| Abstract - #306784 |
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Title:
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What We Know about Unsuccessful and Successful High-Risk R&D Projects and What We Can Learn from Them
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Author(s):
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Stephanie Shipp*+
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Companies:
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National Institute of Standards and Technology
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Address:
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100 Bureau Drive, Gaithersburg, MD, 20899-4710,
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Keywords:
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advanced technology program ; innovation ; risk ; social benefits ; economic benefits
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Abstract:
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The Advanced Technology Program challenges industry to accelerate the development of technologies that, because they are risky, are unlikely to be developed at all or in time to compete in rapidly changing markets. The innovative technologies that ATP funds have the potential to generate significant commercial payoffs and widespread benefits to the U.S. economy, which is the ultimate goal of the program. ATP funds projects in all areas of science and technology. ATP tracks the progress of these funded projects during the life of the project funding (3 to 5 years) and for up six years after ATP funding ends, and even longer if the project is successful. Projects can fail for technical or commercial reasons. This poster will present the characteristics of successful and unsuccessful ATP-funded projects.
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