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State Programs to Promote the Growth of Innovative Firms in the United States – A Taxonomy

  • Charles Ou
Chapter
Part of the Contributions to Economics book series (CE)

Abstract

This article provides an overview of state programs designed to promote innovation– especially to those targeted at growing innovative firms throughout the United States. It argues that governments can best promote business growth by improving the working of the output and resource markets so that entrepreneurs can exploit the market opportunities and that by investing in the resource markets to increase the supply of resources, innovative entrepreneurs can successfully develop new products at low costs.

Keywords

Transaction Cost Market Participant Equity Capital Innovative Firm Product Liability 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

References

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Copyright information

© Springer-Verlag Berlin Heidelberg 2011

Authors and Affiliations

  1. 1.Small Business Administration, Office of Economic ResearchWashingtonUSA

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