Publisher's Synopsis
Excerpt from Assessing Technological Progress Using Hazard Rate Models of R and D Communities
It is precisely in this manner that the decisions of researchers as a whole may signal changes in a technology's rate of progress toward commercialization. The aggregate measure of such decisions may very well embody all of the information available about the likelihood of successfully developing a technology. That is, it may represent the cumulative judgments of all of those who work in the field and who, through their decisions to stay with or dis continue their activities are signaling their own assessment of a technology. The basic assumption is that there is a correspondence between the rate of progress in a technical field and the likelihood of researchers continuing in it.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
