Winning an Award From the Advanced Technology Program: Pursuing R&D Strategies in the Public Interest and Providing a Halo Effect
M R. Kelley, M P. Feldman
This paper addresses two questions: (1) how attributes of a firm's R&D strategy relate to the goals of the Advanced Technology Program and affect the chances of a firm winning an award from the program; and (2) how winning an award affects a firm's success in raising additional funds for the proposed research project. Using daata from a 1999 survey of the firms that applied for ATP funding in 1998, we find that award-winning firms are more likely to behave in ways that enhance the transfer of knowledge to, and the take up of technology by, other firms. Compared to non-winning applicants, winning firms exhibit a greater willingness to share their research findings with other firms and are more embedded in a network of linkages to other firms. The award-winning group is also more likely to include projects and firms that open up new pathways to innovation. We also find that award-winning firms have greater success in attracting additional funding for their ATP projects from other sources. Hence, ATP increases spending on risky R&D projects by projects by other actors in the U.S. innovation system.
Advanced Technology Program, program evaluation, public-private partnership, R&D strategy
and Feldman, M.
Winning an Award From the Advanced Technology Program: Pursuing R&D Strategies in the Public Interest and Providing a Halo Effect, NIST Interagency/Internal Report (NISTIR), National Institute of Standards and Technology, Gaithersburg, MD
(Accessed December 9, 2023)