Abstract
In this chapter, we continue with our analysis of the innovative behavior of businesses that received Phase II SBIR awards. In Chap. 6, we identified several covariates with the probability that a funded project was discontinued, or in the parlance of some, that a funded project that failed. In this chapter, we estimate, for those projects that were not discontinued, the probability that the project resulted in a commercialized technology, Commercialize. Recall from our discussion about the origin of the SBIR program in Chap. 3, one of the original purposes of the program was “to increase private sector commercialization of innovations derived from Federal research and development.”
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Link, A.N., Morrison, L.T.R. (2019). Estimating the Probability of Commercialization. In: Innovative Activity in Minority-Owned and Women-Owned Business. SpringerBriefs in Entrepreneurship and Innovation. Springer, Cham. https://doi.org/10.1007/978-3-030-21534-7_7
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DOI: https://doi.org/10.1007/978-3-030-21534-7_7
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Publisher Name: Springer, Cham
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Online ISBN: 978-3-030-21534-7
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