|Title||How Does Agency Workforce Diversity Influence Federal R&D Funding of Minority and Women Technology Entrepreneurs? An Analysis of the SBIR and STTR Programs, 2001-2011 |
|Publication Type||Journal Articles |
|Year of Publication||2017 |
|Authors||Joshi, A, Inouye, TM, Robinson, JA |
|Journal||Small Business Economics |
|Date Published||2017 |
|Keywords||Doctoral Program, MBA, Strategy & Entrepreneurship |
U.S. Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs provide Federal research and development (R&D) grants to technology ventures. We explore how grantor demographic diversity explains why demographically diverse grantees experience different odds for successfully transitioning from initial to follow-on R&D grants. We empirically analyze 52,126 Phase I SBIR/STTR awards granted by 11 Federal agencies (2001-2011). We find a positive association between agency workforce diversity and Phase II funding for Phase I grantees, but minority and women technology entrepreneurs are less likely to receive this funding than their non-minority and male counterparts. Agencies valuing workforce ethnic diversity or leveraging gender homophily positively influence the likelihood of women technology entrepreneurs obtaining Phase II funding. We discuss evidence-based implications for policy and practice.