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Bringing Technology to Market: National Heart, Lung, and Blood Institute SBIR Phase IIB Projects

Author

Listed:
  • Nienow, Sara

    (RTI International)

  • Leonchuk, Olena

    (RTI International)

  • O'Connor, Alan

    (RTI International)

  • Link, Albert

    (University of North Carolina at Greensboro, Department of Economics)

Abstract

The National Heart, Lung, and Blood Institute (NHLBI) is the fourth largest institute in the U.S. National Institutes of Health (NIH). Surprisingly, there is a conspicuous void of policy studies related to the research activities of NHLBI in comparison to NIH or to the National Cancer Institute. This paper investigates the likelihood that a business funded through NHLBI’s Small Business Innovation Research (SBIR) program will commercialize from its Phase IIB translational support. Commercialization is one performance metric that quantifies a policy dimension of the success of the funded SBIR project. Based on an empirical analysis of 61 Phase IIB projects, we find that the most significant covariate with the likelihood of commercialization is the growth in human capital within the business since the Phase IIB award.

Suggested Citation

  • Nienow, Sara & Leonchuk, Olena & O'Connor, Alan & Link, Albert, 2023. "Bringing Technology to Market: National Heart, Lung, and Blood Institute SBIR Phase IIB Projects," UNCG Economics Working Papers 23-7, University of North Carolina at Greensboro, Department of Economics.
    • Handle: RePEc:ris:uncgec:2023_007
    as

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    References listed on IDEAS

    as
    1. Alexandre Dias & Beatriz Selan, 2023. "How does university-industry collaboration relate to research resources and technical-scientific activities? An analysis at the laboratory level," The Journal of Technology Transfer, Springer, vol. 48(1), pages 392-415, February.
    2. Albert N Link & Christopher A Swann & Martijn van Hasselt, 2022. "An assessment of the US Small Business Innovation Research (SBIR) program: A study of project failure [On the Failure of Scientific Research: An Analysis of SBIR Projects Funded by the U.S. Nationa," Science and Public Policy, Oxford University Press, vol. 49(6), pages 972-978.
    3. Martin S. Andersen & Jeremy W. Bray & Albert N. Link, 2017. "On the failure of scientific research: an analysis of SBIR projects funded by the U.S. National Institutes of Health," Scientometrics, Springer;Akadémiai Kiadó, vol. 112(1), pages 431-442, July.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    NHLBI; Phase IIB projects; SBIR program; technology commercialization;
    All these keywords.

    JEL classification:

    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
    • H51 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Health
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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