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Public Sector EntrepreneurshipU.S. Technology and Innovation Policy$
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Dennis Patrick Leyden and Albert N. Link

Print publication date: 2015

Print ISBN-13: 9780199313853

Published to Oxford Scholarship Online: December 2014

DOI: 10.1093/acprof:oso/9780199313853.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 03 August 2021

The Small Business Innovation Development Act of 1982

The Small Business Innovation Development Act of 1982

(p.140) 8 The Small Business Innovation Development Act of 1982
Public Sector Entrepreneurship

Dennis Patrick Leyden

Albert N. Link

Oxford University Press

This chapter argues that the Small Business Innovation Development Act of 1982, and more specifically the Small Business Innovation Research (SBIR) program portion of that Act, is a prime example of public sector entrepreneurship. The chapter begins with a legislative history of the SBIR program and a detailed description of its structure. The chapter then presents an economic analysis of the program using a downside risk model of the SBIR program, before turning to an analysis of the program as an example of public sector entrepreneurship using the conceptual structure in Chapter 3. Finally, an overview of the literature related to the effectiveness of the program is reviewed.

Keywords:   downside risk, networks, public sector entrepreneurship, SBIR program

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