Estimating Outcomes and Impacts from Innovation Programs: The Case of Air Force and Navy SBIR/STTR Programs

2019 ◽  
Vol 21 (1) ◽  
pp. 49-61
Author(s):  
Robin Gaster ◽  
Will Swearingen ◽  
Jeffrey Peterson ◽  
Michael Wallner

The Air Force and Navy recently commissioned economic impact studies of their Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, which provide funding to U.S. small businesses to promote technological innovation. The studies focused on Phase II contracts completed during the 2000 to 2013 period. These were the first comprehensive economic impact surveys of any federal agency SBIR/STTR programs. The studies provided conclusive information on the outcomes of well over 90% of the Phase II contracts. IMPLAN software was applied to company survey results to estimate overall impacts on the U.S. economy. Analysis revealed that both programs have had impressive national economic impacts. However, these studies significantly understate their contribution to the national economy because a substantial portion of the total economic outcomes will occur in the future. This paper demonstrates a conservative, statistically based methodology for estimating the future sales that can be expected from already-funded Air Force and Navy SBIR/STTR projects after the date of the company surveys. Application of this methodology shows that, for projects that have not yet generated product sales, an estimated additional 10% will eventually result in commercial products. For projects with products that have already reached the marketplace, total product sales will eventually be 83% greater than the totals reported at the time of the surveys. With the addition of the missing future sales, the total economic impact from the Air Force and Navy programs will ultimately be 51% greater than was reported. The new analysis estimates that every dollar invested in Air Force and Navy SBIR/STTR Phase II projects will eventually return $22 in economic activity.

Author(s):  
Robert T. Hennessy

Each year, two and one-half percent of all federal extramural research dollars are set aside for the Small Business Innovation Research (SBIR) program by ten federal agencies. For 1998 this amounts to over one billion dollars. Any small business entity, from one person up to five hundred, can apply for an SBIR award. Phase one awards range from $50,000 to $100,000 for six to nine months. Phase II awards range from $300,000 to $750,000 for two years. This paper describes several ways for enhancing the chances for getting both Phase I and Phase II awards gives sources for information about the SBIR program.


1997 ◽  
Vol 05 (02) ◽  
pp. 193-208 ◽  
Author(s):  
ANDREW ATHERTON ◽  
PAUL HANNON

Inherent to enterprising behaviour is the exercise of strategic awareness, a process of understanding and learning from the environment in which the entrepreneur and the small business operate. This paper notes that a growing recognition of high levels of change and uncertainty in the environment infers a need to increase small business understanding of what is changing and why. Strategic awareness is an individual and organisational capability, tailored to contextual needs and contingencies, that describes processes for identifying, understanding, interpreting and acting on events and influences. It also contributes to the process of innovation. Research in the UK, and later in Western Australia, identified a customer needs-focused and outwardly-directed approach to innovation that relies on understanding the external environment. This paper concludes by stressing the relationship between strategic awareness and innovation, and suggests that the nature of these processes demands a rethink in how we support and research small businesses and entrepreneurs.


2020 ◽  
Vol 195 (4) ◽  
pp. 86-90
Author(s):  
A. Alekseev ◽  
Ol'ga Ruschickaya ◽  
V. Lavrov ◽  
N. Yurchenko

Abstract. Purpose of the study is improving the mechanism of state regulation of agricultural producers, due to the need to overcome the pandemic and prevent the recurrence of similar scenarios in the future. The object of research is an agricultural producer, belonging to the category of small business. The subject of the study is the relationship between the object of study and the state represented by government bodies and institutions involved in the provision of state support that may arise in the process of overcoming the consequences of the COVID-19 pandemic. Research Methods. A theoretical analysis was used to identify threats from the coronavirus pandemic to agriculture and the agro-industrial complex as a whole. Comparison as a method of cognition was used when comparing the requirements of small businesses for state support and measures actually taken by the government. A systematic approach and modeling were used to summarize the experience of the functioning of the economy in a pandemic and to create patterns of behavior of small agribusiness entities. The method of scientific abstraction made it possible to present the most probable state of small business in the agro-industrial complex, depending on the provision or refusal of state regulatory influence on the economy in order to eliminate the damage caused by the pandemic. The rule of combining historical and logical in their unity allowed us to look at the coronavirus pandemic not as a unique phenomenon in the history of modern economics, but as a negative phenomenon that will potentially be reproduced in the future and the logic of counteraction which requires active intervention at the state level, and in the future - generalization, analysis and improvement of the experience gained. The theoretical and methodological basis of the study is composed of statistical data on the state of the world economy, consumption, unemployment, publications of news agencies and government officials on measures taken to deal with the consequences of the pandemic, existing programs for the development of the digital economy, as well as publications of leading scientists in the agricultural sector on digital problems economics. Results. Within the scope of this study, there were characterized the most negative consequences of the pandemic for the agro-industrial complex, there was carried out the analysis of announced and already taken measures to support entrepreneurship and were described behavior models of small agribusiness entities in the current situation. Scientific novelty. The authors have developed a new method for the rapid diagnosis of a small agribusiness subject, claiming to receive state support for regional and industry programs.


1983 ◽  
Vol 8 (1) ◽  
pp. 41-51 ◽  
Author(s):  
George T. Solomon ◽  
K. Mark Weaver

Since the inception of the Small Business Institute (SBI) Program in 1972, the U.S. Small Business Administration (SBA) has conducted numerous client reaction and/or perceived value analysis evaluations. However, both the SBA and the Office of Management and Budget (OMB) were more interested in evaluating the objective utility and economic impact of the SBI Program. This article shares with the readers the results of the first national pilot survey of the Economic Impact of the SBI Program on client small businesses. This initial study not only examined the economic impact of the SBI Program but also introduced and tested new methodologies which might be useful in developing a generally accepted technique to collect and analyze the level of economic impact on client businesses assisted by the SBI program. The results of the study indicate that those small businesses receiving counseling assitance from the SBI Program showed more positive increases in their employment and financial profiles than comparable small businesses. Finally, the scope and depth of the SBI consultant teams recommendations directly affected the level and intensity of the positive changes.


Sign in / Sign up

Export Citation Format

Share Document