Employment growth from public support of innovation in small firms

XI, 177 S.

Includes bibliographical references and index

The prevailing economic stage ; An innovation-based economic growth strategy ; Government's role in innovation ; An overview of the book -- Small business innovation research program : Evolution of a policy emphasis on innovation in small firms ; The creation of the SBIR program ; Economic role of the SBIR program ; Employment growth and the SBIR program -- National Research Council database : Background on the database ; Variables in the database ; Issues of sample selection bias ; Cross-agency analyses ; Conducting research in the absence of SBIR funding ; Project-specific employment growth from SBIR awards -- Project-specific employment effects from SBIR awards : Descriptive statistics on retained employees ; Interpretation of the findings ; Static model of retained employees -- Quantifying long-run employment growth from SBIR funding : Counterfactual model of employment growth ; Testable hypotheses ; Econometric results ; Interpretation of the findings -- Factors related to employment growth from SBIR funding : Construction of new summary variables ; Explanatory variables and the estimated effects ; Interpretation of the findings -- The exploitation of SBIR-induced intellectual capital and employment growth : Interpretation of the descriptive statistics.

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