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Policies Promoting Innovation in Small Firms: Evidence from the U.S. and U.K

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Siegel, Donald S, et al

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Abstract

We provide background information on U.S. and U.K. policies promoting innovation in small firms and also summarize the papers that appear in this special issue. These studies were presented at a recent workshop that was jointly organized by the University of Nottingham Institute for Enterprise and Innovation (UNIEI) and the Board on Science, Technology, and Economic Policy (STEP) of the U.S. National Academy of Sciences. Based on a synthesis of these papers and other evidence that was presented during the workshop, we conclude that: (1) program evaluation is much more prevalent in the U.S. than in the U.K.; (2) the U.S. Advanced Technology Program (ATP) and Small Business Innovation Research (SBIR) program have been successful; and (3) shared costs between government and industry and frequent assessment are the keys to ensuring that such programs are successful. Copyright 2003 by Kluwer Academic Publishers

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Publisher Info
Article provided by Springer in its journal Small Business Economics.

Volume (Year): 20 (2003)
Issue (Month): 2 (March)
Pages: 121-27
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Handle: RePEc:kap:sbusec:v:20:y:2003:i:2:p:121-27

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  1. Thomas Giebe & Tim Grebe & Elmar Wolfstetter, 2005. "How to Allocate R&D (and Other) Subsidies: An Experimentally Tested Policy Recommendation," Discussion Papers 108, SFB/TR 15 Governance and the Efficiency of Economic Systems, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich. [Downloadable!]
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  2. Rouben Indjikain & Donald S. Siegel, 2004. "The Impact of Investment in IT on Economic Performance: Implications for Developing Countries," Rensselaer Working Papers in Economics 0414, Rensselaer Polytechnic Institute, Department of Economics. [Downloadable!]
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  3. Giuseppe Medda & Claudio Piga & Donald S. Siegel, 2004. "Assessing the Returns to Collaborative Research: Firm-Level Evidence from Italy," Rensselaer Working Papers in Economics 0416, Rensselaer Polytechnic Institute, Department of Economics. [Downloadable!]
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