Entrepreneurship involves innovation and uncertainty. We outline a theory of entrepreneurship, which highlights the … importance of social networks in promoting innovation and reducing uncertainty. Our findings suggest that this “social” aspect of …

This paper presents a systematic analysis of the net economic benefits associated with the Small Business Innovation … infer from these calculations, and from general knowledge about the ability of SBIR-funded firms to exploit their monopoly …

We investigate the impacts of the U.S. publicly-funded Small Business Innovation Research (SBIR) program’s funding on …

development. It is predicated on the spillover of knowledge from universities to commercialization. The literature has focused on … demand for university-based knowledge and university-developed technology. We identify links between businesses and the … university as a key conduit facilitating the spillover of knowledge using data on the Department of Energy’s Small Business …

The purpose of this paper is to identify and unravel the disparate views toward innovation prevalent within the … thinking about the economy in general and the role of entrepreneurship and innovation in particular, not only shape how … innovation and entrepreneurial activity are valued, but also the overall policy debate concerning innovation and entrepreneurship …

infrastructure in the United States, and they are important as a possible element of our national innovation system. …

Our descriptive analysis of a random sample of businesses that received Phase II Small Business Innovation Research …

There is great interest in evaluating the impact of private equity investments on innovation and economic growth …. However, there is no direct empirical evidence on the effects of such transactions on the innovation strategies of … Business Innovation Research (SBIR) program research awards. We find that SBIR firms attracting private equity investments are …