Purpose and Performance of the Small Business Innovation Research (SBIR) Program |
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| Authors: | Ronald S. Cooper |
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| Affiliation: | (1) Office of Technology, U.S. Small Business Administration, 409 3rd St. SW, Washington, D.C, 20416, U.S.A. E-mail |
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| Abstract: | The Small Business Innovation Research (SBIR) Program is one of the most successful public programs designed to support small firm innovation. The purpose and structure of the program, however, are often misunderstood. This paper clarifies the goals and rationale for the SBIR program and reviews recent findings regarding the program's impact. The paper identifies five dimensions of the innovation capital gap and outlines a possible extension of the program to better address this finance gap. |
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