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Summary
Pages 1-9

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From page 1...
... Congress requested the National Research Council (NRC) of the National Academies to "conduct a comprehensive study of how the SBIR program has stimulated technological innovation and used small businesses to meet Federal research and development needs" and to make recommendations with respect to the SBIR program.
From page 2...
... In addition, extensive interviews and discussions were conducted with program managers, program participants, agency ‘users' of the program, as well as program stakeholders. The study as a whole sought to answer questions of program operation and effectiveness, including the quality of the research projects being conducted under the SBIR program, the commercialization of the research, and the program's contribution to accomplishing agency missions.
From page 3...
... The SBIR program does. SBIR at NIH As a government grant program intended to support science and the commercialization of biomedical applications for the public good, NIH SBIR does not focus on a return on investment the way a private sector investor would.
From page 4...
... o A variety of metrics shows that a meaningful percentage of NIH SBIR projects enter the commercial market. o NRC survey data shows that 40 percent of SBIR-funded projects reach the marketplace.
From page 5...
... .12 o Other private investment: A significant number of awardees have received additional funds from a wide range of sources, notably angel investors and non-SBIR government support. Fifty-eight percent of the NRC survey respondents attracted additional investment, not including additional SBIR awards.13 See National Research Council, The Small Business Innovation Research Program: An Assessment of the Department of Defense Fast Track Initiative, Charles W
From page 6...
... The NIH should retain its distributed management structure for the program while increasing evaluation efforts, improving data collection, obtaining additional resources, and encouraging upper management attention.
From page 7...
... The NIH SBIR program is focused on commercialization and has seen meaningful achievement. However, the limited number of highly successful commercial projects suggests that continued management attention and additional efforts to facilitate commercialization are needed.21 1.
From page 8...
... 4. These recommended improvements should enable the NIH SBIR managers to address the four mandated Congressional objectives in a more efficient and effective manner.
From page 9...
... Program management resources to do not appear sufficient to permit effective monitoring of the program on a consistent basis, nor the development of appropriate databases to underpin this effort. These difficulties have been most apparent in relation to collecting data and monitoring the participation of women and minorities, one of the four primary Congressional mandates for the program.27 See Finding G in Chapter 2.


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