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Bending the arc of innovationpublic support of R&D in small, entrepreneurial firms /

Record Type:	Electronic resources : Monograph/item
Title/Author:	Bending the arc of innovationAlbert N. Link and John Scott.
Reminder of title:	public support of R&D in small, entrepreneurial firms /
Author:	Link, Albert N.
other author:	Scott, John.
Published:	[Basingstoke] :Palgrave Macmillan,2013.
Description:	1 online resource.
Subject:	Small businessTechnological innovationsUnited States.
Online resource:	https://link.springer.com/book/10.1057/9781137370884
ISBN:	9781137370884 (electronic bk.)

Bending the arc of innovationpublic support of R&D in small, entrepreneurial firms /
Link, Albert N.

Bending the arc of innovationpublic support of R&D in small, entrepreneurial firms /[electronic resource] :Albert N. Link and John Scott. - [Basingstoke] :Palgrave Macmillan,2013. - 1 online resource. - Science, technology, and innovation policy. - Science, technology, and innovation policy (Palgrave Macmillan (Firm)).

Includes bibliographical references.

Market Failure and Public Support of R&D -- The Productivity Slowdown in the United States -- An Emphasis on Small, Entrepreneurial Firms -- The SBIR Program -- The Economic Role of the SBIR Program -- The National Research Council Database -- Studies Conducted Using the National Research Council Database -- Toward an Evaluation of the SBIR Program -- Concluding Observations about Public Support of R&D in Small, Entrepreneurial Firms.

In this exciting work, Link and Scott summarize more than a decade of their research on public support of R&D in small, entrepreneurial firms, concluding public R&D investments, primarily funded by the U.S. Small Business Innovation Research (SBIR) program, are indeed bending the arc of innovation. Firms that receive SBIR project funding would not undertake the projects in the absence of SBIR's support. SBIR support has had a positive impact on the employment trajectory of firms and their ability to commercialize innovations. Bending the Arc of Innovation offers a theoretical model of the effects of the SBIR program. Link and Scott demonstrate that with SBIR support of R&D often comes contractual commercial agreements with other firms to sell the rights to the technology generated by the public support. These agreements between another firm and a small firm with a SBIR-award enable an effective transfer of knowledge created with the small firm's publicly-supported research. Both parties to the agreement have better access to the knowledge resources of the other. Link and Scott show how these agreements allow the dedication of resources and organizational efforts necessary for the commercially successful access to and use of external knowledge.

ISBN: 9781137370884 (electronic bk.)

Source: 704008Palgrave Macmillanhttp://www.palgraveconnect.comSubjects--Topical Terms:

292061
Small business
--Technological innovations--United States.Index Terms--Genre/Form:

214472
Electronic books.

LC Class. No.: HD2346.U5 / L56 2013

Dewey Class. No.: 338/.064

Bending the arc of innovationpublic support of R&D in small, entrepreneurial firms /
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520 $a In this exciting work, Link and Scott summarize more than a decade of their research on public support of R&D in small, entrepreneurial firms, concluding public R&D investments, primarily funded by the U.S. Small Business Innovation Research (SBIR) program, are indeed bending the arc of innovation. Firms that receive SBIR project funding would not undertake the projects in the absence of SBIR's support. SBIR support has had a positive impact on the employment trajectory of firms and their ability to commercialize innovations. Bending the Arc of Innovation offers a theoretical model of the effects of the SBIR program. Link and Scott demonstrate that with SBIR support of R&D often comes contractual commercial agreements with other firms to sell the rights to the technology generated by the public support. These agreements between another firm and a small firm with a SBIR-award enable an effective transfer of knowledge created with the small firm's publicly-supported research. Both parties to the agreement have better access to the knowledge resources of the other. Link and Scott show how these agreements allow the dedication of resources and organizational efforts necessary for the commercially successful access to and use of external knowledge.
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