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Employment Growth from Public Support of Innovation in Small Firms

Author

Listed:
  • Albert N. Link

    (University of North Carolina at Greensboro)

  • John T. Scott

    (Dartmouth College)

Abstract

Link and Scott provide a statistical assessment of the employment growth associated with public support of R&D in small, entrepreneurial firms through the Small Business Innovation Research (SBIR) program.

Suggested Citation

  • Albert N. Link & John T. Scott, 2012. "Employment Growth from Public Support of Innovation in Small Firms," Books from Upjohn Press, W.E. Upjohn Institute for Employment Research, number eg.
  • Handle: RePEc:upj:ubooks:eg Note: PDF is the book's first chapter.
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    References listed on IDEAS

    as
    1. Albert N. Link & John T. Scott, 2013. "Governments as entrepreneur: Evaluating the commercialization success of SBIR projects," Chapters,in: Public Support of Innovation in Entrepreneurial Firms, chapter 2, pages 25-38 Edward Elgar Publishing.
    2. Albert N. Link & John T. Scott, 2013. "Private Investor Participation and Commercialization Rates for Government-sponsored Research and Development: Would a Prediction Market Improve the Performance of the SBIR Programme?," Chapters,in: Public Support of Innovation in Entrepreneurial Firms, chapter 11, pages 157-174 Edward Elgar Publishing.
    3. Marco Vivarelli, 2015. "Innovation and employment," IZA World of Labor, Institute for the Study of Labor (IZA), pages 154-154.
    4. Gregory Tassey, 2007. "Tax incentives for innovation: time to restructure the R&E tax credit," The Journal of Technology Transfer, Springer, vol. 32(6), pages 605-615, December.
    5. Magnus Blomstrom & Robert E. Lipsey, 1986. "The Export Performance of Swedish and U.S. Multinationals," NBER Working Papers 2081, National Bureau of Economic Research, Inc.
    6. John Sutton, 1997. "Gibrat's Legacy," Journal of Economic Literature, American Economic Association, pages 40-59.
    7. Jonathan Michie & Christine Oughton & Mario Pianta, 2002. "Innovation and the Economy," International Review of Applied Economics, Taylor & Francis Journals, vol. 16(3), pages 253-264.
    8. Evans, David S, 1987. "The Relationship between Firm Growth, Size, and Age: Estimates for 100 Manufacturing Industries," Journal of Industrial Economics, Wiley Blackwell, vol. 35(4), pages 567-581, June.
    9. Robert Atkinson, 2007. "Expanding the R&E tax credit to drive innovation, competitiveness and prosperity," The Journal of Technology Transfer, Springer, vol. 32(6), pages 617-628, December.
    10. Scott, John T & Pascoe, George, 1986. "Beyond Firm and Industry Effects on Profitability in Imperfect Market s," The Review of Economics and Statistics, MIT Press, pages 284-292.
    11. Vivarelli, Marco, 2007. "Innovation and Employment: A Survey," IZA Discussion Papers 2621, Institute for the Study of Labor (IZA).
    12. Marco Vivarelli, 2015. "Innovation and employment," IZA World of Labor, Institute for the Study of Labor (IZA), pages 154-154.
    13. Schultz, Theodore W, 1980. " Investment in Entrepreneurial Ability," Scandinavian Journal of Economics, Wiley Blackwell, pages 437-448.
    14. Josh Lerner, 2010. "The future of public efforts to boost entrepreneurship and venture capital," Small Business Economics, Springer, pages 255-264.
    15. David Blanchflower & Simon Burgess, 1998. "New Technology And Jobs: Comparative Evidence From A Two Country Study," Economics of Innovation and New Technology, Taylor & Francis Journals, pages 109-138.
    16. Lerner, Josh, 1999. "The Government as Venture Capitalist: The Long-Run Impact of the SBIR Program," The Journal of Business, University of Chicago Press, vol. 72(3), pages 285-318, July.
    17. Davis, Steven J & Haltiwanger, John & Schuh, Scott, 1996. "Small Business and Job Creation: Dissecting the Myth and Reassessing the Facts," Small Business Economics, Springer, pages 297-315.
    18. Valeria Mastrostefano & Mario Pianta, 2009. "Technology and jobs," Economics of Innovation and New Technology, Taylor & Francis Journals, pages 729-741.
    19. Albert Link & John Scott, 2006. "U.S. University Research Parks," Journal of Productivity Analysis, Springer, pages 43-55.
    20. Richardson, G B, 1972. "The Organisation of Industry," Economic Journal, Royal Economic Society, vol. 82(327), pages 883-896, September.
    21. Ashley J. Stevens, 2004. "The Enactment of Bayh--Dole," The Journal of Technology Transfer, Springer, vol. 29(1), pages 93-99, January.
    22. Jovanovic, Boyan, 1982. "Selection and the Evolution of Industry," Econometrica, Econometric Society, vol. 50(3), pages 649-670, May.
    23. Doms, Mark & Dunne, Timothy & Roberts, Mark J., 1995. "The role of technology use in the survival and growth of manufacturing plants," International Journal of Industrial Organization, Elsevier, pages 523-542.
    24. Jean Bonnet & Sylvie Cieply & Marcus Dejardin, 2005. "Financial constraints on new firms: looking for regional disparities," Brussels Economic Review, ULB -- Universite Libre de Bruxelles, pages 217-246.
    25. David Blanchflower & Simon Burgess, 1998. "New Technology And Jobs: Comparative Evidence From A Two Country Study," Economics of Innovation and New Technology, Taylor & Francis Journals, pages 109-138.
    26. John Scott, 1984. "Firm versus Industry Variability in R&D Intensity," NBER Chapters,in: R&D, Patents, and Productivity, pages 233-248 National Bureau of Economic Research, Inc.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Albert N. Link & John T. Scott, 2013. "The exploitation of publicly funded technology," Chapters,in: Public Support of Innovation in Entrepreneurial Firms, chapter 8, pages 127-135 Edward Elgar Publishing.
    2. Albert N. Link & Christopher J. Ruhm & Donald S. Siegel, 2014. "Private Equity and the Innovation Strategies of Entrepreneurial Firms: Empirical Evidence from the Small Business Innovation Research Program," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 35(2), pages 103-113, March.
    3. Link, Albert N. & Scott, John T., 2012. "How the Small Business Innovation Research (SBIR) Program Matters," UNCG Economics Working Papers 12-7, University of North Carolina at Greensboro, Department of Economics.
    4. Albert N. Link & John T. Scott, 2013. "Public R&D subsidies, outside private support, and employment growth," Economics of Innovation and New Technology, Taylor & Francis Journals, pages 537-550.
    5. Link, Albert N. & Scott, John T., 2013. "Bending the Arc of Innovation: Public Support of R&D in Small, Entrepreneurial Firms," UNCG Economics Working Papers 13-8, University of North Carolina at Greensboro, Department of Economics.
    6. David B. Audretsch & Donald F. Kuratko & Albert N. Link, 2016. "Dynamic entrepreneurship and technology-based innovation," Journal of Evolutionary Economics, Springer, pages 603-620.
    7. Hall, Michael & Link, Albert, 2015. "Technology-Based Growth Policies: The Case of North Carolina’s Green Business Fund," UNCG Economics Working Papers 15-1, University of North Carolina at Greensboro, Department of Economics.
    8. repec:kap:jtecht:v:42:y:2017:i:5:d:10.1007_s10961-016-9476-5 is not listed on IDEAS
    9. Barry Bozeman & Albert N. Link, 2015. "Toward an assessment of impacts from US technology and innovation policies," Science and Public Policy, Oxford University Press, vol. 42(3), pages 369-376.
    10. Lauren Lanahan, 2016. "Multilevel public funding for small business innovation: a review of US state SBIR match programs," The Journal of Technology Transfer, Springer, vol. 41(2), pages 220-249, April.
    11. Stuart D. Allen & Stephen K. Layson & Albert N. Link, 2013. "Public gains from entrepreneurial research: Inferences about the economic value of public support of the Small Business Innovation Research program," Chapters,in: Public Support of Innovation in Entrepreneurial Firms, chapter 6, pages 105-112 Edward Elgar Publishing.
    12. Lanahan, Lauren & Feldman, Maryann P., 2015. "Multilevel innovation policy mix: A closer look at state policies that augment the federal SBIR program," Research Policy, Elsevier, pages 1387-1402.
    13. Haifeng Qian & Kingsley Haynes, 2014. "Beyond innovation: the Small Business Innovation Research program as entrepreneurship policy," The Journal of Technology Transfer, Springer, vol. 39(4), pages 524-543, August.
    14. Gicheva, Dora & Link, Albert N., 2016. "On the economic performance of nascent entrepreneurs," European Economic Review, Elsevier, vol. 86(C), pages 109-117.
    15. Bradley, Samantha R. & Gicheva, Dora & Hassell, Lydia & Link, Albert N., 2013. "Gender Differences in Access to Private Investment Funding to Support the Development of New Technologies," UNCG Economics Working Papers 13-9, University of North Carolina at Greensboro, Department of Economics.
    16. Oliver Falck & Simon Wiederhold, 2013. "Nachfrageorientierte Innovationspolitik: Bestandsaufnahme und ökonomische Bewertung," ifo Beiträge zur Wirtschaftsforschung, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 51, April.
    17. Dora Gicheva & Albert Link, 2013. "Leveraging entrepreneurship through private investments: does gender matter?," Small Business Economics, Springer, pages 199-210.
    18. Scott, John T. & Scott, Troy J., 2016. "The entrepreneur's idea and outside finance: Theory and evidence about entrepreneurial roles," European Economic Review, Elsevier, vol. 86(C), pages 118-130.
    19. Bradley, Samantha R. & Gicheva, Dora & Hassell, Lydia & Link, Albert N., 2013. "Private Investment to Support New Technologies: Quantifying Gender Differences," UNCG Economics Working Papers 13-11, University of North Carolina at Greensboro, Department of Economics.
    20. Gicheva, Dora & Link, Albert, 2015. "The Gender Gap in Federal and Private Support for Entrepreneurship," UNCG Economics Working Papers 15-5, University of North Carolina at Greensboro, Department of Economics.
    21. David B. Audretsch & Dennis P. Leyden & Albert N. Link, 2013. "Regional Appropriation of University-Based Knowledge and Technology for Economic Development," Economic Development Quarterly, , vol. 27(1), pages 56-61, February.
    22. Chang, Simon & Zhang, Xiaobo, 2015. "Mating competition and entrepreneurship," Journal of Economic Behavior & Organization, Elsevier, vol. 116(C), pages 292-309.
    23. Link, Albert & Scott, John, 2017. "Toward an Assessment of the U.S. Small Business Innovation Research (SBIR) Program at the National Institutes of Health," UNCG Economics Working Papers 17-6, University of North Carolina at Greensboro, Department of Economics.
    24. Link, Albert & Wright, Mike, 2015. "On the Failure of R&D Projects," UNCG Economics Working Papers 15-3, University of North Carolina at Greensboro, Department of Economics.

    More about this item

    Keywords

    Job creation; Entrepreneurship; innovation;

    JEL classification:

    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

    Statistics

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