Center for Research in Space Technologies (CREST)

Innovation and Economics

CREST faculty analyze and advise on development and management of technology portfolios.  Our interdisciplinary team merges policy, economics, systems engineering, and advanced computing to evaluate risks and impacts associated with technology development.

Graph of the valley of death- plotting level of development against available resources. The valley of death exists between the intersection of lines of opposite slopes (existing research resources, and existing commercialization resources)

Explore all Innovation and Economics publications

Political timeline of the Covid pandemic as relevant to the State of California, and Los Angeles
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Bar chart of the number of projects at each technology readiness level, both funded and unfunded, in phases I and II.
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Huyck, C. K., Yetman, G., Rose, A., Tiampo, K. F., Prager, F., Mendoza, M. T., Esquivias, G., Amyx, P., Huyck, M., “EO-Based Technologies for Economic Modeling: Application to COVID-19,” AGU Fall Meeting, 2021.

Belz, A., Eckhause, J., Terrile, R., Zapatero, F., “A Real Options Methodology for R&D Portfolio Selection and Management: Applications to the NASA SBIR Program,” 2021.

Belz, A., Zapatero, F., Terrile, R., Kawas, M., Giga, A., “Mapping the ‘Valley of Death’: Managing Selection and Technology Advancement in NASA’s Small Business Innovation Research Program,” IEEE Transactions in Engineering Management 68 (5), 2021.

Belz, A., Giga, A., “Of Mice or Men: Management of Federally Funded Innovation Portfolios With Real Options Analysis,” IEEE Engineering Management Review, 2018.

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