Accelerating government R&D with private financing

Thesis (M.B.A.)--Massachusetts Institute of Technology, Sloan School of Management, 2009.

Bibliographic Details
Main Author: Corzine, Andy Robert, 1970-
Other Authors: John Van Maanen.
Format: Thesis
Language:eng
Published: Massachusetts Institute of Technology 2009
Subjects:
Online Access:http://hdl.handle.net/1721.1/49776
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author Corzine, Andy Robert, 1970-
author2 John Van Maanen.
author_facet John Van Maanen.
Corzine, Andy Robert, 1970-
author_sort Corzine, Andy Robert, 1970-
collection MIT
description Thesis (M.B.A.)--Massachusetts Institute of Technology, Sloan School of Management, 2009.
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spelling mit-1721.1/497762019-04-10T11:27:02Z Accelerating government R&D with private financing Accelerating government research & development with private financing Accelerating government research and development with private financing Corzine, Andy Robert, 1970- John Van Maanen. Sloan School of Management. Sloan School of Management. Sloan School of Management. Thesis (M.B.A.)--Massachusetts Institute of Technology, Sloan School of Management, 2009. Includes bibliographical references (p. 72-74). In this thesis, I argue that accelerating government research and development (R&D) with private financing could simultaneously improve the nation's war fighting readiness and economy. I submit that better utilization of United States Department of Defense (DoD) laboratories through alternative acquisition and development strategies can address current inefficiencies. I also suggest that public-private partnerships (PPPs) provide an opportunity to improve the nation's "technological innovation system." For-profit industries have much different business and funding models than the DoD. Entrepreneurial enterprises for bringing new technologies to the market abound. The questions addressed here are two-fold: (1) How can the business models and funding techniques from the private sector be effectively applied to a government organization such as the Naval Weapons and Armaments Center of Excellence (NWA CoE); and (2) Can a generalized and repeatable process in this domain be identified? I present a case for alternative financing for government R&D and I suggest that the NWA CoE is poised to experiment in this realm. I list many benefits of PPPs, but note that motivating Venture Capitalists or other non-traditional investors in government technology development efforts is a critical but challenging factor. I outline specific recommendations that NWA CoE management could implement in the near-term. With respect to a more generalized and repeatable process in the broader government domain, I suggest some long term recommendations. by Andy R. Corzine. M.B.A. 2009-11-06T16:33:33Z 2009-11-06T16:33:33Z 2009 2009 Thesis http://hdl.handle.net/1721.1/49776 457065402 eng M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. http://dspace.mit.edu/handle/1721.1/7582 75 p. application/pdf Massachusetts Institute of Technology
spellingShingle Sloan School of Management.
Corzine, Andy Robert, 1970-
Accelerating government R&D with private financing
title Accelerating government R&D with private financing
title_full Accelerating government R&D with private financing
title_fullStr Accelerating government R&D with private financing
title_full_unstemmed Accelerating government R&D with private financing
title_short Accelerating government R&D with private financing
title_sort accelerating government r d with private financing
topic Sloan School of Management.
url http://hdl.handle.net/1721.1/49776
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