We study how the outputs of research spill over technological and geographic space in the context of the U.S. Small Business Innovation Research program. We infer input-output links using text analyses and identify the marginal costs of producing patents using noncompetitive grant matching...

US State governments invest in early-stage innovative activity as an economic development strategy. Nevertheless, attention directed at the public sector's role in this capacity has been placed on federal policy actions overlooking the growing role of states. The primary aims of this paper are...