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The Advanced Technology Program: A public-private partnership for early stage technology development

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  • Connie K. N. Chang
  • Stephanie S. Shipp
  • Andrew J. Wang

Abstract

The Advanced Technology Program (ATP) supports early stage technology development efforts by US companies. The ATP provides funding support to high-risk R&D projects that have potential for broad-based economic benefits for the nation. The rationale for government support of R&D rests on theory and evidence that the social benefits of R&D are greater than the private returns. The ATP has been active in supporting entrepreneurial start-up firms. The role of ATP as a public-private partnering programme extends from providing critical funding to early stage technology projects, and also includes aspects of encouraging collaboration among firms and other organizations, fostering information exchange, and facilitating technology entrepreneurship activities.

Suggested Citation

  • Connie K. N. Chang & Stephanie S. Shipp & Andrew J. Wang, 2002. "The Advanced Technology Program: A public-private partnership for early stage technology development," Venture Capital, Taylor & Francis Journals, vol. 4(4), pages 363-370, October.
    • Handle: RePEc:taf:veecee:v:4:y:2002:i:4:p:363-370
    DOI: 10.1080/1369106022000028262
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    References listed on IDEAS

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    1. Joseph E. Stiglitz, 2002. "Information and the Change in the Paradigm in Economics," American Economic Review, American Economic Association, vol. 92(3), pages 460-501, June.
    2. Jeffrey E. Sohl, 1999. "The early-stage equity market in the USA," Venture Capital, Taylor & Francis Journals, vol. 1(2), pages 101-120, April.
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    Cited by:

    1. Polzin, Friedemann & von Flotow, Paschen & Klerkx, Laurens, 2016. "Addressing barriers to eco-innovation: Exploring the finance mobilisation functions of institutional innovation intermediaries," Technological Forecasting and Social Change, Elsevier, vol. 103(C), pages 34-46.
    2. Luis Roberto Vega Gonz¨¢lez & Crescencio Garc¨ªa Segundo, 2019. "Building Productive Collaborations: Creation of A Technological Research and Development Unit (UIDT) of the ICAT in the General Hospital of Mexico," Business and Management Studies, Redfame publishing, vol. 5(1), pages 76-89, March.
    3. Luis Roberto Vega-Gonzalez, 2020. "Financial Impedance Matching Method for Enhancing University-Firm Technology Transfer," Research in Business and Management, Macrothink Institute, vol. 7(1), pages 11-32, February.

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