Skip to main content
Log in

Purpose and Performance of the Small Business Innovation Research (SBIR) Program

  • Published:
Small Business Economics Aims and scope Submit manuscript

Abstract

The Small Business Innovation Research (SBIR) Program is one of the most successful public programs designed to support small firm innovation. The purpose and structure of the program, however, are often misunderstood. This paper clarifies the goals and rationale for the SBIR program and reviews recent findings regarding the program's impact. The paper identifies five dimensions of the innovation capital gap and outlines a possible extension of the program to better address this finance gap.

This is a preview of subscription content, log in via an institution to check access.

Access this article

Price excludes VAT (USA)
Tax calculation will be finalised during checkout.

Instant access to the full article PDF.

Similar content being viewed by others

References

  • BRTRC, Peter Cahill et al., 1999, Commercialization of Small Business Innovation Research (SBIR), Washington, D.C.: BRTRC Technology Research Corporation.

    Google Scholar 

  • GAO, 1992, Small Business Innovation Research Shows Success But Can Be Strengthened, GAO/RCED-92-37, Washington, D.C.: General Accounting Office.

    Google Scholar 

  • Innovation Associates, 2000, Commercialization Needs of Small Business Innovation Research Firms, Reston, VA: Innovation Associates Inc.

    Google Scholar 

  • Lerner, Josh, 1996, 'The Government as Venture Capitalist: The Long-Run Impact of the SBIR Program', Working Paper 5753, Cambridge: National Bureau of Economic Research.

    Google Scholar 

  • Lerner, Josh, 1999, 'The Government as Venture Capitalist: The Long-Run Impact of the SBIR Program', Journal of Business 72(3), Chicago: University of Chicago Press, pp. 285-318.

    Google Scholar 

  • NSF, 1999, Research and Development in Industry, 1997, Early Release Tables, Washington, D.C.: National Science Foundation (http://www.nsf.gov/sbe/srs/srs99411/start.htm).

    Google Scholar 

  • NSF, 1999, Will Small Business Become the Nation's Leading Employer of Graduates with Bachelor's Degrees in Science and Engineering?, NSF 99-322, Washington, D.C.: National Science Foundation (http://www.nsf.gov/sbe/srs/ nsf99322/start.htm).

    Google Scholar 

  • PriceWaterhouseCoopers, 1999, MoneyTree Survey Report, Quarter 3.

  • SBA, 1991, Results of a Three-Year Commercialization Study of the SBIR Program, SBA 90-00.147, Washington, D.C.: U.S. Small Business Administration.

    Google Scholar 

  • van Osnabrugge, Mark, 1998, Comparison of Business Angels and Venture Capitalists: Financiers of Entrepreneurial Firms, Oxford: Said Business School, University of Oxford.

    Google Scholar 

  • Wessner, Charles (ed.), 2000, The Small Business Innovation Research Program: An Assessment of the Department of Defense Fast Track Initiative, National Research Council, Washington, D.C.: National Academy Press.

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Rights and permissions

Reprints and permissions

About this article

Cite this article

Cooper, R.S. Purpose and Performance of the Small Business Innovation Research (SBIR) Program. Small Business Economics 20, 137–151 (2003). https://doi.org/10.1023/A:1022212015154

Download citation

  • Issue Date:

  • DOI: https://doi.org/10.1023/A:1022212015154

Keywords

Navigation