and early 1980s. The U.S. Congress was quick to respond to this down turn by passing a number of technology- and … innovation-related initiatives, one of which was the National Cooperative Research Act (NCRA) of 1984. It has been argued that …

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 … entrepreneurship increases the probability of entrepreneurial success. The results also lend credence to theories of entrepreneurship …

This paper presents a systematic analysis of the net economic benefits associated with the Small Business Innovation …

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

Our descriptive analysis of a random sample of businesses that received Phase II Small Business Innovation Research … ability to attract alternative investment funding to commercialize their technology-based innovations. Differences in the …

the supply side, which involves university research and technology transfer mechanisms. We examine the role played by the … demand for university-based knowledge and university-developed technology. We identify links between businesses and the … Innovation Research (SBIR) program. We provide supply-side evidence on university research relationships and how the use of …

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 …The purpose of this paper is to identify and unravel the disparate views toward innovation prevalent within the …

a model of technology development that identifies the economic role of PoCCs within that model. We examine the broad … technology transfer challenges that PoCCs have been established to address. Further, we argue that PoCCs are a growing technology … infrastructure in the United States, and they are important as a possible element of our national innovation system. …

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 …

transition of the technology developed under the sponsorship of the SBIR program to an innovation to enter the market. We find … profitability of such investments actually bringing a developed technology to market. …