What Types of Start-ups Receive Funding from the Small Business Innovation Research (SBIR) Program? Evidence from the Kauffman Firm Survey

Reynold V. Galope

doi:10.4067/S0718-27242014000200002

Autores/as

Reynold V. Galope

DOI:

https://doi.org/10.4067/S0718-27242014000200002

Resumen

This paper integrates the Kauffman Firm Survey with the Small Business Innovation Research (SBIR) recipient dataset to examine in more depth the characteristics of small business start-ups that received R&D subsidy from SBIR. Our selection analysis first shows that SBIR program funds are distributed disproportionately to start-ups whose owner has a post-graduate education. The odds of being granted SBIR R&D subsidies are also higher for those who had prior R&D experience and owned patents at the start of their business operations. Start-ups that are operating in the high-technology sector are also more likely to receive SBIR funds than start-ups in traditional sectors. Surprisingly, start-ups that did not sell goods and services are more likely to receive SBIR grants. Interestingly, location matters but at a different direction: start-ups located in states that are not known for their R&D performance are more likely to receive SBIR funding.

Palabras clave:

small and medium enterprises
research and development (R&D)
high-technology start-ups
Small Business Innovation Research (SBIR)
innovation policy
Kauffman Firm Survey (KFS)

Descargas

Los datos de descargas todavía no están disponibles.

Biografía del autor/a

Reynold V. Galope

Reynold Galope has a Ph.D. in Public Policy from Georgia State University and the Georgia Institute of Technology, Atlanta, Georgia, U.S.A. He is currently a Statistics and Econometrics Expert at the Economics and Research Department of the Asian Development Bank. His areas of interest are Research, Technology, and Innovation Policy; Strategic Industrial Policy; Technology Entrepreneurship; Public Management and Governance Reforms; and Policy and Program Evaluation. His research has been published in the American Review of Politics and presented in various international conferences. In 2006-2012, he was a Fulbright Fellow, Graduate Research Assistant, and Instructor of Applied Statistics and Research Methods at the Andrew Young School of Policy Studies, Georgia State University. He is a member of the American Economic Association, Association of Public Policy Analysis and Management (APPAM), and American Evaluation Association.

Citas

ACS, Z. J., & AUDRETSCH, D. B. (1990). Innovation and small firms. Cambridge, MA: MIT Press.

ALMEIDA, P., & KOGUT, B. (1997). The exploration of technological diversity and geographic localization in innovation: Start-Up firms in the semiconductor industry. Small Business Economics, 9(1), 21-31. doi: 10.1023/a:1007995512597

AUDRETSCH, D. B. (2003). Standing on the shoulders of midgets: The US Small Business Innovation Research program (SBIR). Small Business Economics, 20(2), 129-135. doi: 10.1023/A:1022259931084

AUDRETSCH, D. B., LINK, A. N., & SCOTT, J. T. (2002). Public/private technology partnerships: Evaluating SBIR-supported research. Research Policy, 31(1), 145-158. doi: 10.1016/S0048-7333(00)00158-X

AUDRETSCH, D. B., WEIGAND, J., & WEIGAND, C. (2002). The impact of the SBIR on creating entrepreneurial behavior. Economic Development Quarterly, 16(1), 32-38. doi: 10.1177/089124240201600104

BHIDE, A. (2008). The venturesome economy: how innovation sustains prosperity in a more connected world. Princeton, NJ: Princeton University Press.

BLACK, G. (2004). The geography of small firm innovation. Boston, MA: Kluwer Academic Publishers.

BREITZMAN, A., & HICKS, D. (2008). An analysis of small business patents by industry and firm size. [Contract Report to the Small Business Administration].

BRUDERL, J., PREISENDORFER, P., & ZIEGLER, R. (1992). Survival chances of newly founded business organizations. American Sociological Review, 57(2), 227-242.

COHEN, W. M., & LEVINTHAL, D. A. (1990). Absorptive capacity: A new perspective on learning and innovation. Administrative Science Quarterly, 35(1), 128-152. doi: 10.2307/2393553

COOPER, R. S. (2003). Purpose and performance of the Small Business Innovation Research (SBIR) program. Small Business Economics, 20(2), 137-151. doi: 10.1023/A:1022212015154

FELDMAN, M. P. (1994). The geography of innovation. Boston, MA: Kluwer Academic Publishers.

HEINZE, T., SHAPIRA, P., SENKER, J., & KUHLMANN, S. (2007). Identifying creative research accomplishments: Methodology and results for nanotechnology and human genetics. Scientometrics, 70(1), 125-152. doi: 10.1007/s11192-007-0108-6

HILL, C. T. (2007). The post-scientific society. Issues in Science and Technology, 24(1), 78-84.

HIPPEL, E. V. (2006). Democratizing innovation. Cambridge, MA: MIT Press.

JAFFE, A. B. (1986). Technological opportunity and spillovers of R&D: Evidence from firms' patents, profits, and market value. American Economic Review, 76(5), 984-1001.

JAFFE, A. B., TRAJTENBERG, M., & HENDERSON, R. (2002). Geographic localization of knowledge spillovers as evidenced by patent citation. In A. B. Jaffe & M. Trajtenberg (Eds.), Patents, Citations, and Innovations: A Window on the Knowledge Economy (pp. 155-178). Cambridge, MA: The MIT Press.

JEWKES, J., SAWERS, D., & STILLERMAN, R. (1958). The sources of invention. London, UK: Macmillan.

LERNER, J. (1999). The government as venture capitalist: The long-run impact of the SBIR program. Journal of Business, 72(3), 285-318.

LINK, A. N., & SCOTT, J. T. (2000). Estimates of the social returns to Small Business Innovation Research projects. In C. W. Wessner (Ed.), The Small Business Innovation Research Program. (pp. 275–290.). Washington, D.C. : National Academy Press.

LUNDVALL, B.-A. (Ed.). (1992). National systems of innovation: Towards a theory of innovation and interactive learning. London, UK: Pinter Publishers.

PORTER, M. E. (1980). Competitive strategies. New York: The Free Press.

SHANE, S. (2000). Prior knowledge and the discovery of entrepreneurial opportunities. Organization Science, 11(4), 448-469. doi: 10.1287/orsc.11.4.448.14602

SHANE, S. (2008). The illusions of entrepreneurship: The costly myths that entrepreneurs, investors, and policy makers live by. New Haven, CT: Yale University Press.

TEECE, D. J. (1986). Profiting from technological innovation: Implications for integration, collaboration, licensing and public policy. Research Policy, 15(6), 285-305. doi: 10.1016/0048-7333(86)90027-2

WALLSTEN, S. J. (2000). The effects of government-industry R&D programs on private R&D: The case of the Small Business Innovation Research program. RAND Journal of Economics, 31(1), 82-100.

WETZEL, W. E. (1982). Risk capital research. In C. A. Kent, D. L. Sexton & K. H. Vesper (Eds.), Encyclopedia of entrepreneurship (pp. 140-164). Englewood Cliffs, NJ: Prentice Hall.