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Small businesses are important drivers of economic growth, but they can face challenges accessing capital to fund research and development. Through the SBIR and STTR programs, agencies provide awards to small businesses to spur technological innovation, among other goals. This report cites the work of Sabrina Howell, Jason Rathje, John Van Reenen and Jun Wong, "Opening up military innovation: causal effects of reforms to US defense research".
Read more at US Government Accountability Office (GAO)
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