Chapter 4: Unanticipated consequences of technology policy
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All public-sector and private-sector policies have anticipated consequences as well as unanticipated consequences. Using data from the U.S. Small Business Innovation Research (SBIR) program, which is a U.S. R & D subsidy technology policy program, it is the case that some firms funded from public moneys through the SBIR program have sold the rights to foreign entities to their SBIR-funded developed technologies. This behavior, although profit maximizing to the firms, is deemed an unanticipated consequence from the SBIR program, and the magnitude of the related social loss is estimated.

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