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Jacob Morgan, Jr. (1775-1863), son of Jacob Morgan I, the immigrant, and his wife, Mary McCoy, was born in Salisbury, Rowan Co., North Carolina, and died in Fishing Creek, Wetzel Co., W. Va. He was married to Elizabeth Smith (1780-1831) in 1800 in Rowan Co., N.C. Jacob Morgan, the immigrant, came from the British Isles to North Carolina in 1732/35. Descendants live in West Virginia, Ohio, New Jersey and elsewhere.
Failure in R&D efforts are fairly common and with many factors that contribute to the outcome. This book focuses on the role of principal investigators (PIs) in R&D project failures and provides a theoretical model explaining how firm characteristics, including those of the PIs, impact the probability of failure. The theoretical model also serves as a structural form model to motivate the empirical analysis which assesses the probability of failure in small technology-based firms. The author uses data from the U.S. Department of Energy’s (DOE) Small Business Innovation Research (SBIR) program to build a new and informative tool to assess R&D projects and demonstrate the strengths of the theoretical model. The association between PIs and R&D failure not only provides insights that can have a downstream impact to economic growth, but it can also provide policymakers with valuable information to aid decisions in allocating funds for R&D.
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