Evaluating the NASA small business innovation research program: preliminary evidence of a trade-off between commercialization and basic research

摘要

In 1982, the Small Business Innovation Development Act established the small business innovation research (SBIR) program. This program reserves a percentage of federal agencies' extramural R&D budgets for research projects conducted by small businesses. When this Act was reauthorized in 1992, the selection criteria for funding dramatically increased the likelihood of funding for projects that promised to lead to commercial success. Using data from a survey of the SBIR program award recipients at NASA Langely Research Center, we address three questions about this change: (i) was there a shift to projects with more commercial potential? (ii) did these projects experience higher rates of commercial success? and (iii) was there a reduction in basic research accompanying the increased commercial success? Our analysis suggests, the answer to all three of these questions is 'yes'.