Economic literature suggests that private firms, especially small and medium ones, may not pursue technology research and development projects because of complexity of technology and financial barriers. Two main economic rationales have been discussed for public subsidies of private-sector research and development (R&D). First is the generation of positive externalities. Government R & D subsidies can have positive spillovers so that other firms or society would benefit. A second rationale is derived from the fact that government subsidies provide information on firms to financial institutions and potential investors. Information asymmetries tend to exclude entrepreneurs from private investments [Eshima, 2003]. Taiwan launched similar SBIR in 1997. Since then, Taiwan¡¦s SBIR research budget has steadily increased. SBIR¡¦s actual expenditure increased from NT$340 million to NT$520 million from 2004 to 2005. The SBIR produced 839 patents, 523 patent applications, 210 technical papers, and 265 contracts and industrial services in 2005. With respect to the benefits of research and development, the SBIR also produced 285 enterprise investments in 2005. There are many researches on the TDP and the objects are almost the firms which got the subsidies. On the other hand, there is no research focus on the firms which failed to apply. Because it is limited to examine the effect of the government subsidies, we can not know comprehensively whether the subsidies raise the companies¡¦ performance or not. This paper evaluates public support of private-sector R&D through the Small Business Innovation Research (SBIR) Program in Taiwan. We not only want to know the effect of the subsidy subjects on the individual company, but also find the significant differences in the performance of the companies which got the subsidies or not. SBIR has been launched for seven years since 1999. The method which measures long-term performance should be applied. The research uses the Lerner and Eshima¡¦s quasi-experiment framework of the policy estimate to the United States and Japan. We distribute the firms into two groups. One is the treat firms that received subsidy, and the other is the matched firms each that applied the subsidy but not received. Furthermore, the research estimates the effect of the subsidies on the performance of the firms¡¦ R&D activities and operation with t tests of paired.

Under the age of knowledge economy, innovation has become the key step to success in this competitive world. The importance of innovation, especially technology innovation cannot be overemphasized. Technology innovations are the power that initiate and drive the evolution of our society and economy. Despite the essential importance of technology innovation, any technology innovation will be worthless without a proper commercialization. However, technology commercialization seldom becomes fully realized. The Taiwan government as well realizes the value of technology innovation and technology commercialization. Therefore, different types of funding plans or policies have passed every year to support and incubate the innovation and technology innovation development of Taiwan firms. Without exception, Taiwan also has SBIR programs to encourage small businesses to explore their technological potential and provide the incentive to profit from its commercialization. Nevertheless, more than half of the SBIR innovation projects fail in the process of commercialization. This study aims to provide a better understanding of factors that influence the technology commercialization of SMEs which participated in the Small Business Innovation Research Project (SBIR). The sample of 970 firms comprised 1169 SBIR projects with ending years between 1 to 5 years respectively. In addition, a detailed interview and case study on NanoWin Technology Co. Ltd was preceded. This paper has studied and constructed a conceptual framework and its associated case examples in its relationship with technology commercialization. The findings suggest three board strategies and ten related concepts that contribute to the success of technology commercialization in SMEs: R&D strategy (market demand oriented, time to market, outer resource arrangement and core technology competence); Marketing strategy (focus on niche markets, create customer values and apply 4P strategy); Business strategy (clear strategy target, value chain positioning and profitable business models).

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Recently several European countries have announced massive increases in their military budgets. Innovation initiatives organized by NATO and the European Defence Fund will also be conducted over the coming decade. Studying how these resources can be deployed efficiently is crucial if these initiatives are to provide maximum benefits to European defense capabilities and the civilian sector through spillover-effects. This thesis explores what factors characterize high-performing startups in defense in order to give defense innovation initiatives an indication on how to spend their resources. The results should also be useful for aspiring entrepreneurs in defense who wish to increase their chances of creating a high-performing startup in the sector. The factors that are studied are company industry, company patents and governmental funding. These are examined in a quantitative study, followed by illustrations for the most successful companies in the dataset. It is found that the company industry for the most successful companies is surprisingly similar, with a heavy focus on software over hardware. The illustrations also highlight the need for governmental contracts in the scale-up stage of companies. / Flera europeiska länder har nyligen meddelat att de kommer att göra massiva ökningar i sina försvarsbudgetar. NATO och europeiska försvarsfonden kommer även att organisera innovationsinitiativ under det kommande årtiondet. Det är viktigt att studera hur dessa resurser kan distribueras effektivt så att dessa initiativ kan göra maximal nytta för europeisk försvarsförmåga och för den civila sektorn genom spill-over effekter. Denna avhandling undersöker vilka faktorer som karaktäriserar högpresterande startups inom försvarsindustrin för att ge innovationsinitiativ en indikering på hur de bör distribuera sina resurser. Resultaten från denna avhandling borde även vara användbara för aspirerande entreprenörer inom försvarsindustrin som vill öka sina chanser att skapa en högpresterande startup. De faktorer som studeras är industri, patent och statlig finansiering. Dessa faktorer undersöks i en kvantitativ studie samt i två illustreringar över de två mest framgångsrika företagen i den data som står till grund för denna avhandling. Det visar sig att de två mest framgångsrika företagen i datan har en väldigt liknande industrifokus, med ett starkt fokus på mjukvara över hårdvara. Illustrationerna påvisar också ett behov för statliga kontrakt i uppskalningsfasen för företag inom försvarsindustrin.

Taiwan's small and medium enterprises (SMEs) play an important role to promote economic development. White paper on small and medium enterprises in Taiwan, 2004 indicated SMEs¡¦ numbers is 97.83% of whole industry. So SMEs is the main force in Taiwn¡¦s industry. According to National Science Council review SMEs in Taiwan engage in R¡®D activities facing the captial and technological barriers, and the percentage that accept government subsidy is 13%(National Science Council, 2000). The Deptartment of Industrial Technology (DOIT) of Ministry of Economic Affairs (MOEA), launched Taiwan's SBIR promoting program, mostly referred to the SBIR US version, in 1999 in order to encourage local start-up companies pursuing innovative research of industrial technologies and products. Rothwell & Zegveld (1982) research government innovation policy include technology and industry policy, classify three composes:Supply, Demand, and Environmential policy. In government R&D subsidy policy system can be distinguished to R&D procurement(Demand) and directive subsidy(Supply). The study compare to other country¡¦s R&D subsidy policy and refer to business technology strategy. The study uses the interview method to analyze the policy awareness of SMEs and confer the policy influence of SBIR subsidy policy. So far as bring up the suggestion of government R&D subsidy policy. Through interview analysis, SMEs represent in the beginning of R&D activities always face capital shortage and need technological assistance. The study propose government carry out R&D subsidy should replace monitoring control for concilling system. Government can match up national industry development way to alliance industry engage in specific R&D activity by government R&D subsidy policy. To sum up government can weighted the Demand and Supply side innovation policy to cooperate R&D subsidy policy system. So that government R&D subsidy policy can look after both side by stimulating SMEs innovation generality and promote national technology level to reach the full-scale policy achievements.

Innovation policy (science & technology policy/program) aims to stimulate industrial innovation and address the gap between ideas and the market for new products/process. Hence, small and medium enterprises (SMEs) are an important target group for innovation policy. While SMEs play important economic role in Taiwan, it is more meaningful to evaluate related innovation policies, to understand the impact of polices as well as test theoretical models of interactions between the public and private sectors. This topic is significant but little studied or investigated with the chance of bias. From the perspective of program evaluation, the thesis evaluated the effect of government subsidies on SMEs¡¦ innovation including impact assessment and efficiency assessment and took the Small Business Innovation Research (SBIR) Program as an example. The target population for evaluation covered three groups: SBIR awardees, firms with rejected applications, general SME manufacturers. Questionnaires were delivered to 942 firms with SBIR Phase I or Phase II awards and 222 firms with rejected applications between 1999 and 2004; 374 and 36 valid questionnaires were returned separately. The Department of Statistics of the Ministry of Economic Affairs provided the data of general SMEs. This thesis evaluated the impact of SBIR by a quasi-experimental design and examines the efficiency by an econometric model. Main findings are as follows: A. The impact of government R&D subsidies on SMEs: 1. Innovative activity (R&D spending): Compared to other SMEs (firms with rejected applications or general SME manufacturers), the growth of SBIR awardees¡¦ R&D spending is significant. 2. Productivity (employment or sales): Compared to other SMEs (firms with rejected applications or general SME manufacturers), the growth of SBIR awardees¡¦ employment is significant. Compared to general SME manufacturers, the growth of SBIR awardees¡¦ sales is significant; but compared to firms with rejected applications, the growth of SBIR awardees¡¦ sales is not significant. B. The efficiency of government R&D subsidies on SMEs: 1. Innovative activity (R&D spending): On average, 0.28 percentage change in SBIR awardees¡¦ R&D spending is correlated with 1 percent change in subsidies (elasticity relationship). 2. Productivity (employment or sales): On average, 0.08 percentage change in SBIR awardees¡¦ employment and 0.25 percentage change in SBIR awardees sales is separately correlated with 1 percent change in subsidies (elasticity relationship).

Government support for applied Research and Development (R&D) persisted in the US despite evidence to the contrary. Many provide government R&D funding for enterprises of particular interest and a number of countries have substantially increased their expenditure on R&D. SBIR as a means of funding high-risk R&D with broad commercial and societal benefits that would not be undertaken by a single company, either because the risk was too high or because a large enough share of the benefits of success would not accrue to the company for it to make the investment. Therefore, the program¡¦s goal is to the development and application of new, enabling technologies that individual firms would not or pursue on their own and thereby encourage the economic growth that comes from the commercialization and use of new technologies in the private sector. However, very few studies of R&D policy toward innovative subsidy program in developing country. Public programs to subsidize high-technology firms have represented a significant but little-studied area of public expenditures. This article assesses the long-run success of firms participating in the SBIR program in Taiwan. The plan of this research is as follows. The purpose of this search in Taiwan is to study the impact of government-industry R&D programs on private R&D. The research has 3 important aspects. First, using a questionnaire to understand the enterprises intention and behavior which have participated in the ¡§Small Business Innovation Research (SBIR)¡¨ this paper first examines whether government R&D subsidies influence firm¡¦s innovative activities. Second, this paper examines what the correlation is between government funding and private R&D expenditures. Finally, this research conducted 67 important interviews from enterprises. Not only the multi-methodology comparisons, the empirical results aimed at: 1) Examine the role of public/private partnerships (PP/Ps) as an instrument to leverage public investment in strategy technology and innovation and to achieve other goals of technology and innovation policy; 2) Identify the critical factors determining the success of R&D subsidy program for innovation, with an emphasis on programme design, financial arrangement, and evaluation 3) Government R&D subsidies have a significant positive effect or not on firm¡¦s R&D expenditure / employment / firm-financed R&D spending.

This thesis represents an attempt to explore critical issues in the national military literature and bring up findings for further studies by exploring military innovation,smart management of defense R&amp / D, critical and dual-use technologies concepts in detail. The study has two main components. The first part provides a conceptual and theoretical framework to discuss and understand military innovation, critical technology and dual-use technology. A military that fails to innovate when their contemporaries are innovating is destined to face its dire consequences. So the quest for change within military organizations is a rational and hopefully encouraged behavior. In this thesis the modes of innovation are at the center stage. However, the main intention focus is on technological innovation. As certain technologies are at the core of decisive military innovation, the initial step in innovation is normally to procure the new technology. A country that must purchase technology from abroad is arguably less likely to wield it as effectively as the country that is capable of inventing or manufacturing it, as the latter is usually better equipped to exploit and further refine technology. In order to insure the flow of technological innovations, a sound technology investment strategy must be formulated. A strategy built on a foundation of three integrated building blocks (optimal in-house R&amp / D, expanded collaborative efforts, and smart outsourcing) will enable the military to be an effective smart buyer and smart provider. The thesis proceeds with a brief discussion of critical technologies, specifically the ones that are critical for military and national importance, in order to provide guidance for identifying which technologies harbor the greatest payoff potential. Closely related to this discussion is the question of national economic growth based on technological developments in particular the development of technologies with potential for use in either the civilian or military sectors, and promotion of partnerships among actors / military, industry, academia. Such technologies are referred as dual-use technologies. The dual-use relationships among actors are spin-off, spin-on, venture capital model, and military support/pull model. The second part of the thesis develops a kind of empirical case study analysis based on a rotary-wing upgrade project about the importance of upgrade and system integration technology as a core capability. The last chapter concludes the thesis with the discussion of findings.

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