A quantitative analysis on the effect of firm and project characteristics in FHF funded R&D projects

Master's thesis in Business AdministrationSpending more than 200 million NOK annually on innovative research and development projects, FHF is a primary provider of funds for projects in the seafood industry. Being entirely financed through a tax levied on all Norwegian seafood exports, FHF has a responsibility to its stakeholders in ensuring return on investment in the projects it takes on. «Fra virkemiddel til verdi, hvordan få mer verdiskapning ut av marin FoU? » is a primary study done on projects in FHF, providing us with data and projects to examine. Examining this secondary data and with theory as a basis, we have used quantitative analysis to answer two fundamental research questions concerning innovative FHF projects; Can firm characteristics estimate project success in a behavioral additionality perspective? Can project-related factors estimate project success in a behavioral additionality perspective? Our findings are in line with the existing theory; we are unable to find indications that firm characteristics offer any insights into project success. However, project-related factors are highly significant and exact. If the project has a foundation anchored firmly in an industry tradition, it is much more successful.submittedVersio