The Shaky Start of the UK Small Business Research Initiative (SBRI) in Comparison to the US Small Business Innovation Research Programme (SBIR)
34 Pages Posted: 22 Jan 2013
Date Written: January 22, 2013
The Small Business Research Initiative (SBRI) recently introduced in the UK was modelled after the Small Business Innovation Research Program (SBIR) in the US. We focus on the first few years of each program, and present some new data that allows a comparison of the first years of the two schemes. While the US SBIR had steady growth, the UK SBIR has had a shaky start. We discuss whether the UK adoption has been as successful as hoped, what can be learned from the first three years, discuss some key issues affecting the SBRI and suggest how it might be improved.
Keywords: Small Business Research Initiative, Small Business Innovation Research Program, SMEs, innovation policy
JEL Classification: O38, O31
Suggested Citation: Suggested Citation