Associate Professor, School of Management

Director, Master in Innovation & Entrepreneurship



Current research projects and working papers


Current courses and program management


Current projects and working papers



Press coverage of research


Files and download


Office, mail and email


Economics of Science and Innovation

Chiara Franzoni is Associate Professor at the School of Management of Polytechnic University of Milan. Her long-term area of specialization is the Economics of Science and Innovation. She is now studying Grant Peer Review and the way in which experts take decisions in situations of deep uncertainty, a condition that is particularly salient in the judgment of high-risk high-reward research. In the past, she has studied the incentive systems in science, the international mobility of scientists and other determinants of scientific productivity.

Selected papers:

Crowd and Citizens Science

New technologies have made it possible for scientists and citizens to interact through the web. This has led to the emergence of Citizens Science, i.e. research projects led or participated by citizens, Crowd Science, i.e. research projects led by scientists whose methods and participation are open to the public and Crowdfunding of Science, i.e. distributed online donations of citizens to specific research projects. Dr. Franzoni is currently working on the preferences and choices of citizens and experts, with a focus on preferences for societal benefits and low-risk. The research involves field experiments conducted in collaboration with  the crowdfunding platform

Selected publications:

Entrepreneurial Finance

Prof. Franzoni has studied crowdfunding of technological innovation in the early years of its inception. She is now studying the response of the crowd to affectively-charged messages.

Intellectual Property Rights

Patents and Intellectual Property (IP) are important means to enable investments in R&D. Dr. Franzoni has done research at the intersection of IP policy and academic incentives. She and her team are now working on how counterfeiting impacts the performance of innovative companies.

Selected publications:


Institutional teaching at Politecnico di Milano

Patents and Industrial Property (091109), Master of Science, Politecnico di Milano (in English)

Business Economics and Organization (082741), Bachelor in Engineering, Politecnico di Milano (in Italian)

Teaching at MIP Graduate School of Business

International Master in Innovation & Entrepreneurship

Director in duty


MBA and Executive MBA teaching

Intellectual Property Rights

Patent Intelligence Lab

Forecasting the adoption of radically new products



ImPROGRESS. Improving Peer Review within a Science of Science Funding (with Paula Stephan). A project supported by the Alfred P. Sloan Foundation at the NBER.

Risk acceptance in the crowdfunding of science. Sponsored by the Alfred P. Sloan Foundation (with Henry Sauermann).

ALTFinator. A project to support Alternative Finance. Sponsored by the European Commission (with Giancarlo Giudici).  Closed in 2020.


Press and media coverage about Dr. Franzoni’s research (selected):

La Repubblica, May 23, 2019

Vox, February 14, 2019

Wall Street Journal, May 28, 2018

Journalist’s Resource, April 25, 2018

Science, March 26, 2018

Folha de S. Paulo, May 19, 2017

Science, February 20, 2015

Symmetry, February 19, 2015

Nature jobs, December 4, 2013

Courrier International (Le Monde), April 22, 2013

Die Zeit, April 18, 2013

Corriere della Sera, October 28, 2012

Nature, October 18, 2012

IEEE Spectrum, September 22, 2012

Times Higher Education, May 24, 2012

Inside Higher Education, May 15, 2012


GLOBSCI data project. Directory with full data downloads and documentation

Online Appendix to Colombo, Franzoni, Rossi-Lamastra, Entrepreneurship Theory and Practice, 2015. 

Curriculum Vitae


Telephone: [+39]02-2399-4823

Email: chiara DOT franzoni AT polimi DOT it

In person:

School of Management, Building BL27, Office 3.14

Via R. Lambruschini 4b, Milano ITALY

Mailing address:

Politecnico di Milano. Dipartimento di Ingegneria Gestionale

Piazza Leonardo da Vinci 32

20123 Milano ITALY