Bringing Technology to Market: National Heart, Lung, and Blood Institute SBIR Phase IIB Projects

Sara Nienow (), Olena Leonchuk (), Alan O'Connor () and Albert Link
Additional contact information
Sara Nienow: RTI International
Olena Leonchuk: RTI International
Alan O'Connor: RTI International

No 23-7, UNCG Economics Working Papers from University of North Carolina at Greensboro, Department of Economics

Abstract: The National Heart, Lung, and Blood Institute (NHLBI) is the fourth largest institute in the U.S. National Institutes of Health (NIH). Surprisingly, there is a conspicuous void of policy studies related to the research activities of NHLBI in comparison to NIH or to the National Cancer Institute. This paper investigates the likelihood that a business funded through NHLBI’s Small Business Innovation Research (SBIR) program will commercialize from its Phase IIB translational support. Commercialization is one performance metric that quantifies a policy dimension of the success of the funded SBIR project. Based on an empirical analysis of 61 Phase IIB projects, we find that the most significant covariate with the likelihood of commercialization is the growth in human capital within the business since the Phase IIB award.

Keywords: NHLBI; Phase IIB projects; SBIR program; technology commercialization (search for similar items in EconPapers)
JEL-codes: H11 H51 O38 (search for similar items in EconPapers)
Pages: 19 pages
Date: 2023-10-06
New Economics Papers: this item is included in nep-cse, nep-ent, nep-ino, nep-ppm and nep-sbm
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Journal Article: Bringing technology to market: National Heart, Lung, and Blood Institute SBIR Phase IIB projects (2024)
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Persistent link: https://EconPapers.repec.org/RePEc:ris:uncgec:2023_007

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