RUI: Examining Early Stage Technology Firms' Use of Business Development Programs

RUI：检查早期技术公司对业务发展计划的使用

• 批准号: 1561333
• 负责人: Jennifer Woolley
• 金额: $ 26.32万
• 依托单位: Santa Clara University
• 依托单位国家: 美国
• 项目类别: Standard Grant
• 财政年份: 2016
• 资助国家: 美国
• 起止时间: 2016-05-01 至 2020-04-30
• 项目状态: 已结题
• 来源: https://www.nsf.gov/awardsearch/showAward?AWD_ID=1561333&HistoricalAwards=false
• 关键词: RUI; Examining; Early; Stage; Technology

Entrepreneurship is critical for job creation, economic growth, and innovation. Given the difficulty of starting and building new firms, public and private organizations have created venture development programs to help firms survive and succeed. The programs offer services, education and access to resources. Examples of venture development programs include government innovation grants, business incubators, private accelerators, university-based incubators, and venture capital. Billions of dollars are spent each year on and by venture development programs in the U.S. alone. Work has shown that these programs generally work; however, few studies have looked at the long term outcomes of these programs or the relative performance of the participating firms. This study develops a deeper understanding of nascent firm participation in venture development programs by determining how and why entrepreneurs use these programs, examining how development programs influence firm outcomes, and identifying the most useful elements of each type of program.This research study has three parts. The first part builds a data set of nanotechnology firms in the U.S. by integrating several sources and includes detailed information about each firm, its participation in venture development programs, and the firms? outcomes. This part of the study provides insight into the types of firms that participate in the different programs. The next part of the study statistically examines how the participation in a program influences firm success. Multiple positive and negative firm outcomes are included such as business closure, bankruptcy, liquidation, acquisition, follow-on funding, and initial public offering to develop rich insights into these programs. The last part of this study asks firm founders about their participation in venture development programs and how their engagement of the programs influenced their firms? outcomes. Thus, this research expands our understanding of how technology firm founders can influence the longevity of their firms by participating in venture development programs. Understanding how entrepreneurs choose and engage these programs can improve the offerings from both the private and public sectors. Programs that influence the success of technology ventures are important for innovation, employment, and the federal funding of related education, research and development. Thus, this study supports policy makers in their endeavors to improve the development and availability of services and economic resources that support venture growth, innovation and national competitiveness.

企业家精神对于创造就业、经济增长和创新至关重要。鉴于创办和建立新公司的困难，公共和私营组织制定了风险发展计划，以帮助公司生存和成功。这些项目提供服务、教育和获取资源的机会。风险发展计划的例子包括政府创新基金、企业孵化器、私人加速器、大学孵化器和风险投资。仅在美国，每年就有数十亿美元的资金花在风险开发项目上。研究表明，这些计划通常是有效的；然而，很少有研究关注这些计划的长期结果或参与公司的相对业绩。这项研究通过确定创业者如何以及为什么使用这些计划，检查发展计划如何影响公司结果，并确定每种类型计划中最有用的元素，从而加深对新成立的公司参与风险发展计划的理解。第一部分通过整合几个来源建立了美国纳米技术公司的数据集，包括关于每家公司、其参与风险开发计划和公司的详细信息。结果。研究的这一部分提供了对参与不同计划的公司类型的洞察。这项研究的下一部分从统计学的角度考察了参与项目对公司成功的影响。其中包括多种积极和消极的公司结果，如企业关闭、破产、清算、收购、后续融资和首次公开募股，以发展对这些计划的丰富见解。这项研究的最后部分询问了公司创始人他们参与风险开发计划的情况，以及他们对这些计划的参与对他们的公司有何影响？结果。因此，本研究扩大了我们对科技公司创始人如何通过参与风险开发项目来影响公司寿命的理解。了解企业家如何选择和参与这些项目，可以改善私营和公共部门提供的服务。影响科技企业成功的项目对创新、就业以及相关教育、研究和开发的联邦资金都很重要。因此，这项研究支持政策制定者努力改善服务和经济资源的发展和可用性，以支持企业增长、创新和国家竞争力。