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- W2293381301 abstract "This paper presents a systematic analysis of the net economic benefits associated with the Small Business Innovation Research (SBIR) program. We offer a derivation of producer and consumer surplus to estimate economic benefits. Fundamental to the implementation of these models is a specific value of the elasticity of demand, but in its absence we estimate what its value would be when the benefit-to-cost ratio associated with public support of the SBIR program equals unity. We infer from these calculations, and from general knowledge about the ability of SBIR-funded firms to exploit their monopoly position, that the SBIR program likely generates positive net economic benefits to society." @default.
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- W2293381301 date "2012-02-27" @default.
- W2293381301 modified "2023-09-27" @default.
- W2293381301 title "Public gains from entrepreneurial research: Inferences about the economic value of public support of the Small Business Innovation Research program" @default.
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