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The fountain of knowledge: an epistemological perspective on the growth of U.S. SBIR-funded firms

  • David B. Audretsch
  • Albert N. LinkEmail author
Article
  • 82 Downloads

Abstract

The premise of this paper is that a basis for firms receiving Small Business Innovation Research (SBIR) research awards to develop commercializable technologies is not only their proposed creative ideas but also their endowment of attendant knowledge necessary to develop the technology being proposed. Based on this premise, we propose that those firms that have higher growth rates attributable to their SBIR awards are also those firms that are more creative and have more knowledge endowments. Empirically, we quantify a firms creativity and its sources of research knowledge in terms of its past experiences, and we find that firms with more technical experience and sector experience are those that have realized higher growth rates from their SBIR-funded research.

Keywords

Knowledge Creativity Entrepreneurship SBIR program Technology 

JEL Classification

D83 H43 L26 O33 O38 

Notes

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Copyright information

© Springer Science+Business Media, LLC, part of Springer Nature 2019

Authors and Affiliations

  1. 1.Indiana UniversityBloomingtonUSA
  2. 2.University of North Carolina at GreensboroGreensboroUSA

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