Beyond innovation: the Small Business Innovation Research program as entrepreneurship policy

Haifeng Qian () and Kingsley Haynes ()

The Journal of Technology Transfer, 2014, vol. 39, issue 4, 524-543

Abstract: Entrepreneurship or new firm formation plays an increasingly important role in knowledge-based economic development. Public policy to encourage new firm formation has not focused on high quality, high potential firms, and the search for entrepreneurship policy with high economic impact is still needed. This research evaluates the efficacy of the US Small Business Innovation Research (SBIR) program from the perspective of promoting high technology entrepreneurship. In particular, we examine whether the local presence of SBIR awards is associated with increased new firm formation rates in the high technology sector. Although the primary objective of SBIR is to facilitate technological commercialization in small businesses, our policy analysis based on spatial multivariate methods suggests that this program may also serve as an effective entrepreneurship policy. Copyright Springer Science+Business Media New York 2014

Keywords: Small Business Innovation Research (SBIR); Entrepreneurship; New firm formation; Small business innovation; Entrepreneurship policy; L26; O38; O31; C21 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (19)

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Persistent link: https://EconPapers.repec.org/RePEc:kap:jtecht:v:39:y:2014:i:4:p:524-543

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DOI: 10.1007/s10961-013-9323-x

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