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> Using data on 652 ventures in multiple industry sectors, evaluated over an 8-year period, we find that ideas that elicit more positive evaluations are signifi
by hooo 11y ago
> Using data on 652 ventures in multiple industry sectors, evaluated over an 8-year period, we find that ideas that elicit more positive evaluations are significantly more likely to ultimately reach commercialization.
It sounds to me that ideas with positive evaluations are more likely to be funded through to commercialization. Not a very interesting finding?
- jldugger 11y agoJust below that: > We find no evidence, by contrast, that experts can effectively assess the commercial potential of venture ideas in non-R&D-intensive sectors such as consumer web and enterprise software.
- hooo 11y agoDoesn't this support what I said? They studied which ideas reached commercialization -- not how successful they were once commercialized.