Science-Driven Industry

Roman Boutellier and Mareike Heinzen
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Roman Boutellier: ETH Zürich
Mareike Heinzen: ETH Zürich

Chapter 9 in Growth Through Innovation, 2014, pp 107-120 from Springer

Abstract: Abstract Since the mid-nineteenth century technology has increasingly profited from science. The two develop in parallel: Science drives technology and technology provides more and more sophisticated research equipment. But science heavily depends on serendipity and thus many rolls of the dice are needed until a project is successful. This requires major investments and is the reason why it works better in big companies or close to universities.

Keywords: Freezing Rate; Option Trading; Dominant Design; Grey Hair; Lucky Strike (search for similar items in EconPapers)
Date: 2014
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DOI: 10.1007/978-3-319-04016-5_9

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