Advertisement

© 2019

Innovative Activity in Minority-Owned and Women-Owned Business

Evidence from the U.S. Small Business Innovation Research Program

  • Examines the innovative behavior of minority- and women-owned entrepreneurial firms

  • Analyses data from the US Small Business Innovation Research (SBIR) program and National Research Council (NRC)

  • Explores multiple dimensions of innovative behavior among entrepreneurial firms

  • Offers a foundation for future research on business ownership demographics and innovative behavior

Book

Part of the SpringerBriefs in Entrepreneurship and Innovation book series (BRIEFSENTRE)

Table of contents

  1. Front Matter
    Pages i-xx
  2. Albert N. Link, Laura T. R. Morrison
    Pages 1-4
  3. Albert N. Link, Laura T. R. Morrison
    Pages 5-12
  4. Albert N. Link, Laura T. R. Morrison
    Pages 13-27
  5. Albert N. Link, Laura T. R. Morrison
    Pages 29-42
  6. Albert N. Link, Laura T. R. Morrison
    Pages 43-49
  7. Albert N. Link, Laura T. R. Morrison
    Pages 51-61
  8. Albert N. Link, Laura T. R. Morrison
    Pages 63-72
  9. Albert N. Link, Laura T. R. Morrison
    Pages 73-81
  10. Albert N. Link, Laura T. R. Morrison
    Pages 83-92
  11. Albert N. Link, Laura T. R. Morrison
    Pages 93-93
  12. Back Matter
    Pages 95-103

About this book

Introduction

This volume examines the involvement of minority- or women-owned businesses in technology-based research, with particular focus on the differences in research outcomes in achieving commercialization. Specifically, the authors empirically investigate the correlation between technologies from projects funded through the Phase II Small Business Innovation Research (SBIR) program and the minority or gender demographics of the owners of the businesses conducting the research. This study offers an opportunity to not only examine public-sector agencies’ investments in research, but also to investigate if there are race and/or gender gaps in such business’ participation in innovative activities. It also provides a means to understand innovation by minorities and women in the entrepreneurial ecosystem. 

Investments in fundamental science and technology research and investments in human capital through science, technology, engineering, and mathematics (STEM) education are important building blocks of innovation. Two methods of fueling innovation are to 1) accelerate the commercialization of federally funded research and 2) ensure opportunities for underrepresented minorities and women in the entrepreneurial ecosystem. Despite this understanding, there is still a disparity in the rates of educated men and women in STEM fields participating in entrepreneurship. Moreover, the link between underrepresentation of minorities and women across STEM fields correlates with entrepreneurial entry and performance. This book expands on these findings and estimates the probability that (1) a funded research project reaches completion, (2) the developed technology is commercialized, and finally (3) the commercialized technology is successful in the marketplace (i.e., the business gained revenue and market share from the technology).

Keywords

US Small Business Innovation Research (SBIR) Program Minority-owned Business Women-owned Business National Research Council (NRC) Innovative Activity Human Capital Commercialized Technology Federally funded research Technology-based Research Public-sector agencies' investments in research Entrepreneurial Ecosystem Science, Technology, Engineering, and Mathematics (STEM) STEM Education

Authors and affiliations

  1. 1.Department of EconomicsUniversity of North Carolina at GreensboroGreensboroUSA
  2. 2.Innovation Research GroupRTI InternationalResearch Triangle ParkUSA

About the authors

Albert N. Link is the Virginia Batte Phillips Distinguished Professor at the University of North Carolina at Greensboro. Over the past several decades he has distinguished himself as a leading scholar in fields related to entrepreneurship, technology and innovation policy, technology transfer, and program evaluation. He is Editor-in-Chief of the Journal of Technology Transfer, and the founder and Editor of Annals of Science and Technology Policy. Dr. Link is a noted advisor to U.S. and international government agencies. Most recently, he has consulted for the U.S. Department of Energy, NASA, and the National Institute of Standards and Technology, as well as for the National Academy of Sciences, the Canadian government, and The World Bank. From 2007-2012 Link served as the U.S. Representative to the United Nations (Geneva) in the capacity of co-vice chairperson of the Team of Specialists on Innovation and Competitiveness Policies Initiative. In 2018, Link delivered the European Commission Distinguished Scholar Lecture at the Commission’s Joint Research Center (Seville).

Laura R. T. Morrison is a Research Economist at RTI International. She holds an M.P.P. (Public Policy) from Duke University. Her research focuses on the intersection of economics and technology among women, minority, and economically-disadvantaged populations in the United States and internationally. Her research includes studies on minority and women entrepreneurs and commercialization behaviors for the U.S. Small Business Administration and the National Women’s Business Council and evaluations of programs designed to improve minority and women business owners’ access to capital and public contracting opportunities in the United States.

Bibliographic information

  • Book Title Innovative Activity in Minority-Owned and Women-Owned Business
  • Book Subtitle Evidence from the U.S. Small Business Innovation Research Program
  • Authors Albert N. Link
    Laura T. R. Morrison
  • Series Title SpringerBriefs in Entrepreneurship and Innovation
  • Series Abbreviated Title SpringerBriefs Entrepreneurship
  • DOI https://doi.org/10.1007/978-3-030-21534-7
  • Copyright Information The Author(s), under exclusive license to Springer Nature Switzerland AG 2019
  • Publisher Name Springer, Cham
  • eBook Packages Business and Management Business and Management (R0)
  • Softcover ISBN 978-3-030-21533-0
  • eBook ISBN 978-3-030-21534-7
  • Series ISSN 2195-5816
  • Series E-ISSN 2195-5824
  • Edition Number 1
  • Number of Pages XX, 103
  • Number of Illustrations 0 b/w illustrations, 5 illustrations in colour
  • Topics Small Business
    Innovation/Technology Management
    Diversity Management/Women in Business
  • Buy this book on publisher's site