Construct · 1 fields · 1 citations

certification effect of public R&D grants: a standalone construct

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certification effectof public R&D grants1 CONSTRUCTCertification effect ofLERNER · ECONOMICS OF

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Economics of innovation

the idea that winning a public R&D grant signals a small firm's quality to private investors, as found for firms in the US SBIR program.

In economics of innovation, certification effect of public R&D grants refers to the idea that winning a public R&D grant signals a small firm's quality to private investors, as found for firms in the US SBIR program. This meaning comes from Lerner (1999) in The Journal of Business.[1]

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business1 fields · 1 citationsanchor · a standalone constructgrant1 fields · 1 citationsanchor · a standalone constructinnovation6 fields · 11 citationsjingle · one name, six constructs

References

  1. Lerner, J. (1999). The Government as Venture Capitalist: The Long‐Run Impact of the SBIR Program. The Journal of Business, 72(3), 285-318. https://doi.org/10.1086/209616

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