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An Assessment of the Small Business Innovation Research Program at the National Aeronautics and Space Administration
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Today’s knowledge economy is driven in large part by the nation’s entre- preneurs who see opportunities and are willing and able to take on risk to bring new welfare-enhancing, wealth-generating technologies to the market. Yet, while innovation in areas such as genomics, bioinformatics, and nanotechnology pres- ent new opportunities, converting these ideas into innovations for the market involves substantial challenges.1 The American capacity for innovation can be strengthened by addressing the challenges faced by entrepreneurs. Public-private partnerships are one means to help entrepreneurs bring new ideas to market.2 The Small Business Innovation Research (SBIR) program is one of the larg- est examples of U.S. public-private partnerships. Founded in 1982, SBIR was de- signed to encourage small business to develop new processes and products and to provide quality research in support of the many missions of the U.S. government. By including qualified small businesses in the nation’s research and development (R&D) effort, SBIR grants are intended to stimulate innovative new technolo- gies that help agencies meet the specific R&D needs of the nation in many areas, including health, the environment, and national defense.
CHARLES W. WESSNER - Personal Name
978-0-309-12442-3
NONE
Management
English
2009
1-335
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