Technology and Economic Policy - Böcker
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Small businesses have increasingly been recognized as a source of innovation, and one way in which the Federal government encourages such innovation is through the Small Business Innovation Research program. SBIR sets aside 2.5 percent of federal agencies' R&D budgets for R&D grants to small business. Although the program's budget was nearly $1.2 billion in 1998, SBIR has been subject to relatively little outside review. As part of the STEP's ongoing project on Government-Industry Partnerships, the Board convened policymakers, academic researchers, and representatives from small business to discuss the program's history and rationale, review existing research, and identify areas for further research and program improvements.
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The growth in government programs to support high-technology industry within national economies and their impact on international science and technology cooperation and on the multilateral trading system are of considerable interest worldwide. Accordingly, these topics were taken up by STEP in a study carried out in conjunction with the Hamburg Institute for Economic Research and the Institute for World Economics in Kiel. One of the principal recommendations for further work emerging from that study was a call for an analysis of the principles of effective cooperation in technology development, to include lessons from national and international consortia, including eligibility standards and assessments of what new cooperative mechanisms might be developed to meet the challenges of international cooperation in high-technology products.