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State Programs to Promote the Growth of Innovative Firms in the United States – A Taxonomy

In: The Economics of Small Businesses

Author

Listed:
  • Charles Ou

    (Small Business Administration, Office of Economic Research)

Abstract

This article provides an overview of state programs designed to promote innovation– especially to those targeted at growing innovative firms throughout the United States. It argues that governments can best promote business growth by improving the working of the output and resource markets so that entrepreneurs can exploit the market opportunities and that by investing in the resource markets to increase the supply of resources, innovative entrepreneurs can successfully develop new products at low costs.

Suggested Citation

  • Charles Ou, 2011. "State Programs to Promote the Growth of Innovative Firms in the United States – A Taxonomy," Contributions to Economics, in: Giorgio Calcagnini & Ilario Favaretto (ed.), The Economics of Small Businesses, chapter 0, pages 25-47, Springer.
    • Handle: RePEc:spr:conchp:978-3-7908-2623-4_2
    DOI: 10.1007/978-3-7908-2623-4_2
    as

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