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How States Augment the Capabilities of Technology–Pioneering Firms

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  • Maryann P. Feldman
  • Maryellen R. Kelley

Abstract

State governments offer a variety of programs to assist technology intensive entrepreneurial firms yet there is a limited understanding of how firms use these programs. This paper provides a framework for categorizing state technology programs and uses detailed case studies to examine how these programs augment firms’ capabilities. It is concluded that firms made extensive use of state programs that provide access to university intellectual property and research facilities. In addition, firms participated in programs that provided incentives for faculty to conduct joint research with industry. Finally, state venture capital programs, though small relative to federal R&D grants or venture capital, appear to nurture firms’ development.

Suggested Citation

  • Maryann P. Feldman & Maryellen R. Kelley, 2002. "How States Augment the Capabilities of Technology–Pioneering Firms," Growth and Change, Wiley Blackwell, vol. 33(2), pages 173-195.
    • Handle: RePEc:bla:growch:v:33:y:2002:i:2:p:173-195
    DOI: 10.1111/0017-4815.00186
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    Cited by:

    1. Feldman, Maryann P. & Kelley, Maryellen R., 2006. "The ex ante assessment of knowledge spillovers: Government R&D policy, economic incentives and private firm behavior," Research Policy, Elsevier, vol. 35(10), pages 1509-1521, December.
    2. Russell Thomson & Elizabeth Webster, 2012. "The Design of R & D Support Schemes for Industry," Economic Papers, The Economic Society of Australia, vol. 31(4), pages 464-477, December.
    3. Catherine Co, 2002. "Evolution of the Geography of Innovation: Evidence from Patent Data," Growth and Change, Wiley Blackwell, vol. 33(4), pages 393-423, September.
    4. Mark Lorenzen & Bo Carlsson, 2014. "Maryann Feldman: Recipient of the 2013 Global Award for Entrepreneurship Research," Small Business Economics, Springer, vol. 43(1), pages 1-8, June.
    5. Nir Kshetri, 2023. "The nature and sources of international variation in formal institutions related to initial coin offerings: preliminary findings and a research agenda," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 9(1), pages 1-38, December.
    6. David Audretsch & Taylor Aldridge, 2014. "The Development of US Policies directed at stimulating Innovation and Entrepreneurship," JRC Research Reports JRC87894, Joint Research Centre.
    7. Sharmistha Bagchi-Sen, 2006. "Strategic Considerations for Innovation and Commercialization in the US Biotechnology Sector," European Planning Studies, Taylor & Francis Journals, vol. 15(6), pages 753-766, May.

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