An assessment of the US Small Business Innovation Research (SBIR) program: A study of project failure

Article Business

Knowledge-based information and the effectiveness of R&D in small firms

Joshua C. R. Fletcher et al.

Summary: This paper explores the impact of external sources of information on the effectiveness of R&D in small entrepreneurial firms. The findings suggest that market information, especially from suppliers, customers, and competitors, enhances the effectiveness of publicly funded R&D. Therefore, government agencies should guide small firms receiving funding on how to utilize relevant external market information.

SMALL BUSINESS ECONOMICS (2023)

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Article Engineering, Industrial

Assessing the societal impact of publicly funded research

Irwin Feller

Summary: This paper critically examines recent efforts in conceptual and methodological endeavors to consider societal impacts as a criterion for formulating and evaluating policies. It analyzes the differences between ex ante rationales and ex post assessments of societal impacts, and evaluates the utility of different evaluation modes. Lastly, it addresses the challenges and limitations in linking political and normative elements with structured program evaluations.

JOURNAL OF TECHNOLOGY TRANSFER (2022)

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Article Business

Evaluating the effects of Small Business Administration lending on growth

Matthew J. Higgins et al.

Summary: The study has found that SBA loans have negative effects on economic growth, with a 10% increase in SBA loans per capita associated with a cumulative decrease in income growth rates of about 0.02 to 0.03 percentage points, as well as indirect negative effects on the growth rates of neighboring counties.

SMALL BUSINESS ECONOMICS (2021)

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Article Engineering, Industrial