Employment Growth from Public Support of Innovation in Small Firms - Softcover

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Link (U. of North Carolina at Greensboro) and Scott (Dartmouth College) have developed a statistical assessment of employment growth related to public support of research and development in small, entrepreneurial companies through the Small Business Innovation Research (SBIR) program. The program is generally thought of as encouraging innovation leading to commercialization and that is how the program is usually evaluated. But the authors contend that the extent of long-term job creation from public support of R&D also should be evaluated. Their analysis is based on data on Phase II SBIR awards provided by major donors which they utilize to weigh project-specific and longer term company-wide effects on employment increases. Annotation ©2012 Book News, Inc., Portland, OR (booknews.com)

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