Public policies to support new technology-based firms (NTBFs)

摘要

America's future economic growth is closely tied to the growth of new technology-based firms (NTBFs). Since 1980, the Federal Gov- ernment has instituted active policies and pro- grams in support of these dynamic firms. While these programs only represent a fraction of US total investment in R&D, they have a significant impact. They represent a national commitment to encourage small technology-based busi- nesses to address federal research needs and to create and commercialize new products and processes.