How does agency workforce diversity influence Federal R&D funding of minority and women technology entrepreneurs? An analysis of the SBIR and STTR programs, 2001–2011

  • Amol M. Joshi
  • Todd M. Inouye
  • Jeffrey A. Robinson
Article

DOI: 10.1007/s11187-017-9882-6

Cite this article as:
Joshi, A.M., Inouye, T.M. & Robinson, J.A. Small Bus Econ (2017). doi:10.1007/s11187-017-9882-6

Abstract

US Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs provide Federal research and development (R&D) grants to technology ventures. We explore how grantor demographic diversity explains why demographically diverse grantees experience different odds for successfully transitioning from initial to follow-on R&D grants. We empirically analyze 52,126 Phase I SBIR/STTR awards granted by 11 Federal agencies (2001–2011). We find a positive association between agency workforce diversity and Phase II funding for Phase I grantees, but minority and women technology entrepreneurs are less likely to receive this funding than their non-minority and male counterparts. Agencies valuing workforce ethnic diversity or leveraging gender homophily positively influence the likelihood of women technology entrepreneurs obtaining Phase II funding. We discuss evidence-based implications for policy and practice.

Keywords

Entrepreneurship Economics of minorities Economics of gender Technological innovation R&D 

JEL classifications

L26 J15 J16 O32 O38 

Copyright information

© Springer Science+Business Media New York 2017

Authors and Affiliations

  • Amol M. Joshi
    • 1
  • Todd M. Inouye
    • 2
  • Jeffrey A. Robinson
    • 3
  1. 1.College of BusinessOregon State UniversityCorvallisUSA
  2. 2.College of BusinessNiagara UniversityNiagara UniversityUSA
  3. 3.Rutgers Business SchoolRutgers UniversityNew BrunswickUSA

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