The Small Business Innovation Research Program An Assessment of the Department of Defense Fast Track Initiative (2000) / Chapter Skim
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III. Recommendations and Findings
III. Recommendations and Findings
Pages 29-40
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From page 31... ...
Secondly, although the case studies and surveys constitute what is clearly the largest independent assessment of the SBIR Fast Track Program at the Department of Defense, the study is nonetheless constrained by the limitations of the case-study approach and the size of the survey sample.) Research results are iThe relatively high rate of response to the survey is a positive feature of this research.
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From page 32... ...
As the resources allocated to federal research increase, under current law the SBIR program is destined to increase as well, underscoring the need for careful assessment of the program's efficiency and effectiveness. Although this research represents a significant step in improving our understanding of the SBIR program, these findings should be appreciated for what they are; that is, a preliminary and limited effort by independent researchers and an informed Committee to understand the operation of an important governmentindustry partnership.
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From page 33... ...
Among the companies surveyed, over half the Fast Track firms expenenced no funding gap and the average funding gap was 2.4 months. By contrast, over 80 percent of companies not participating in the Fast Track Program confronted a funding gap between the end of Phase I funding and the beginning of Phase II funding; the average gap was 4.7 months.6 In particular, a.
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From page 34... ...
Fifty-eight percent of Fast Track firms had no prior Phase II awards, compared with 30 percent with no prior Phase II awards for non-Fast Track firms. i4 Attracting new community-onented firms for the SBIR program is one of the objectives of the Fast Track approach.
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From page 35... ...
The third category involves firms pursuing basic research outside of a university setting. The Fast Track Program seems to be the most effective with firms in the second category, which are involved in commercializing a new product.~9 II.
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From page 36... ...
Scientists commercializing research results by starting companies induce colleagues to consider applications and the commercial potential of their research. The awards also encourage other scientists to submit their research to the award process for review.22 B
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From page 37... ...
Fast Track firms proceed to Phase II faster than non-Fast Track firms.
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From page 38... ...
The Fast Track Program initiative at the Department of Defense has proved effective at increasing commercialization. As intended, the program has attracted more commercially-oriented firms to the program, has substantially reduced the funding gap between Phase I and Phase II of SBIR, and has served as a tool to attract third party investors to SBIR awarders.
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From page 39... ...
E An assessment of the costs and benefits of integrating particular SBIR awards to meet pressing agency needs through the development of focus programs, directed towards a particular technology or system, should be undertaken.
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