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来源类型Working Paper
规范类型报告
DOI10.3386/w11450
来源IDWorking Paper 11450
Biomedical Academic Entrepreneurship Through the SBIR Program
Andrew A. Toole; Dirk Czarnitzki
发表日期2005-07-04
出版年2005
语种英语
摘要This paper considers the U.S. Small Business Innovation research (SBIR) program as a policy fostering academic entrepreneurship. We highlight two main characteristics of the program that make it attractive as an entrepreneurship policy: early-stage financing and scientist involvement in commercialization. Using unique data on NIH supported biomedical researchers, we trace the incidence of biomedical entrepreneurship through SBIR and describe some of the characteristics of these individuals. To explore the importance of early-stage financing and scientist involvement, we complement our individual level data with information on scientist-linked and non-linked SBIR firms. Our results show that the SBIR program is being used as a commercialization channel by academic scientists. Moreover, we find that the firms associated with these scientists perform significantly better than other non-linked SBIR firms in terms of follow-on venture capital funding, SBIR program completion, and patenting.
主题Development and Growth ; Innovation and R& ; D ; Financial Economics ; Corporate Finance ; Other ; Accounting, Marketing, and Personnel ; Econometrics ; Estimation Methods
URLhttps://www.nber.org/papers/w11450
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/569093
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GB/T 7714
Andrew A. Toole,Dirk Czarnitzki. Biomedical Academic Entrepreneurship Through the SBIR Program. 2005.
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