THE AMERICAN EXPERIENCE OF STATE SUPPORT FOR R & D IN THE SPHERE OF SMALL BUSINESS

S. V. Emelianov () and E. A. Sherbina ()

International Trade and Trade Policy, issue 4

Abstract: The article examines government supporting small businesses’ R&D in US, taking into consideration that implementing effective national policies in this field is more than ever critical in today’s highly interconnected global economy. Small companies comprise the overwhelming majority of all businesses in the United States; the individual entrepreneurs and small, high-growth businesses’ contributions in developing of innovative products and services are also significant. But trying to bring innovative technology products and services to market, small companies must often overcome more barriers with fewer resources. Noting the small businesses’ vital role in the US economy and science potential, authors focus on the government role in developing research projects and commercialization their results.

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