ERIC Number: ED214795
Record Type: Non-Journal
Publication Date: 1981-Dec
Reference Count: N/A
Problems of Small, High-Technology Firms. Special Report.
Stewart, William L.; Friedman, Norman W.
Although small, high-technology firms contribute greatly to major scientific and technical innovations, their potential impact is hindered by financial, personnel, regulatory and other problems. In 1977, the National Science Foundation conducted a survey of firms (N=1,232) presumed to be active in research and development (R&D) and sponsored several in-depth follow-up interviews of company executives (N=71) to better assess the nature and extent of these problems. Eleven problem areas were identified. An underlying factor in most of these was lack of funding. More than half of the surveyed firms indicated that each of the problems (except patenting and licensing) was of major concern. Four areas were identified as major concerns by two-thirds of the firms: providing competitive salaries and benefits, maintaining R&D work at adequate levels, dealing with procurement regulations, and obtaining venture and/or working capital. The appendices provide technical notes, statistical tables, and the survey instruments from the study. (DC)
Publication Type: Reports - Research; Numerical/Quantitative Data
Education Level: N/A
Authoring Institution: National Science Foundation, Washington, DC. Div. of Science Resources Studies.