The Social Value of New Technology
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The Social Value of New Technology

Edited by Albert N. Link and John T. Scott

New technologies, with their practical contributions, provide social value. The chapters in this volume view this social value from a program evaluation perspective, and the focus of the evaluations is the generation of new technology funded by public sector agencies. The authors provide important background on methodology and application and show that it is relevant not only to the established scholars and practitioners, but also to students.
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Chapter 13: Public/private technology partnerships: evaluating SBIR-supported research

David B. Audretsch, Albert N. Link and John T. Scott

Abstract

This paper evaluates public support of private-sector research and development (R & D) through the Department of Defense’s (DoD’s), Small Business Innovation Research (SBIR) Program. Based on alternative evaluation methods applicable to survey data and case studies, we conclude that there is ample evidence that the DoD’s SBIR Program is stimulating R & D as well as efforts to commercialize that would not otherwise have taken place. Further, the evidence shows the SBIR R & D does lead to commercialization, and the net social benefits associated with the program’s sponsored research are substantial.

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