Comparative Economic Outcomes from SBIR Funding: “Underserved” versus Higher-award States

Michael P. Wallner, Jeff Peterson, Will Swearingen, Michelle Zook, Cara Jorgensen, and Robin Gaster analyze the comparative economic outcomes of the U.S. Department of Defense SBIR/STTR awards and find that underserved states had superior outcomes as compared to those in high-award states, suggesting that SBIR program efforts to assist firms in low-award states are a sound investment.