Showing 1 - 10 of 11
Entrepreneurship involves innovation and uncertainty. We outline a theory of entrepreneurship, which highlights the … entrepreneurship increases the probability of entrepreneurial success. The results also lend credence to theories of entrepreneurship …
Persistent link: https://www.econbiz.de/10010990965
This paper presents a systematic analysis of the net economic benefits associated with the Small Business Innovation Research (SBIR) program. We offer a derivation of producer and consumer surplus to estimate economic benefits. Fundamental to the implementation of these models is a specific...
Persistent link: https://www.econbiz.de/10009650904
We investigate the impacts of the U.S. publicly-funded Small Business Innovation Research (SBIR) program’s funding on the overall employment growth of SBIR-award recipient firms. This paper is motivated by the U.S. Congress’ continued emphasis of employment growth during its deliberations on...
Persistent link: https://www.econbiz.de/10009351114
Economic development practitioners and scholars recognize the link between universities and regional economic development. It is predicated on the spillover of knowledge from universities to commercialization. The literature has focused on the supply side, which involves university research and...
Persistent link: https://www.econbiz.de/10009650262
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 …
Persistent link: https://www.econbiz.de/10009366248
In this paper we identify the population of 32 U.S. university-related Proof of Concept Centers (PoCCs), and we present 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...
Persistent link: https://www.econbiz.de/10010840004
Our descriptive analysis of a random sample of businesses that received Phase II Small Business Innovation Research (SBIR) program awards shows that female-owned businesses are disadvantaged, compared to male-owned businesses, in their ability to attract alternative investment funding to...
Persistent link: https://www.econbiz.de/10010840007
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 entrepreneurial firms. We fill this gap by examining a rich...
Persistent link: https://www.econbiz.de/10010840013
Using project data from a random sample of Phase II research awards from the National Institutes of Health SBIR program, we estimate the relative probability that woman-owned firms are able to attract private investments to fund the transition of the technology developed under the sponsorship of...
Persistent link: https://www.econbiz.de/10010840022
In the United States, as in most industrialized nations, aggregate technological advancement declined during the 1970s 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...
Persistent link: https://www.econbiz.de/10010840024