Innovation: startup, growth, and survival of small, new technology firms : joint hearing before the Committee on Science and Technology and the Committee on Small Business, U.S House of Representatives and the Select Committee on Small Business, United States Senate, Ninety-sixth Congress, first session, November 1, 1979U.S. Government Printing Office, 1980 - 228 páginas |
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activities Advocacy Task Force AND/OR INN-SBTF RECOMMENDATIONS applications areas awards capital gains tax centers Chairman commercial Committee on Small Congress contract corporations cost Director Don Fuqua effort employees energy engineering entrepreneur Federal FORCE BILL SECTION funds FUQUA GASL going growth high technology ideas industry innovative small business investment investors JC-WG AND/OR INN-SBTF joint endeavor Kariotis laboratories ment million MORSE NASA National Science Foundation Nuclear Pharmacy OSHA parallel section patent percent President private sector problem procurement proposal regulations regulatory research and development science and technology section in Advocacy Small Business Administration small business community small business firms small business innovation small company small firms small innovative space statement STEWART stock option subcontracting Tandem Computers Task Force Bill technical technological innovation technology firms Terra Tek Thank tion venture capital
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Página 200 - The preservation of the role of the United States as a leader in aeronautical and space science and technology and in the application thereof to the conduct of peaceful activities within and outside the atmosphere...
Página 13 - The small business sector no longer contributes as much to economic prosperity as it so brilliantly did in the fifties and sixties. The loss is not just for the few that might have had the satisfaction of technological entrepreneurship; more importantly it is a loss for all Americans who would have shared in the abundant economic benefits and would have held the myriad of skilled jobs that such pioneering would have made possible.
Página 28 - Recommendation 1. We recommend that the capital gains tax rate be reduced to 25 percent (the pre-1969 rate) on the capital gains realized from the sales of stocks of small businesses (less than 500 employees at date of purchase) whenever such stocks have been held for more than three years, with a rate of 10 percent for the capital gains of investors in the smallest businesses (less than 100 employees at date of purchase). The reduced rates would not apply to capital gains realized from the sale...
Página 32 - Recommendation 7. We recommend that each federal agency allocate five percent of its R&D funds for technology transfer. These funds should be used to establish well defined and organized programs of technology transfer in which there are incentives to individual researchers to contribute their time and skills to the identification of commercial applications. Such incentives should be related to the benefits realized from technology transfer.
Página 186 - The centers are backed by off-site representatives in many major cities and by technology coordinators at NASA field centers; the latter seek to match ongoing NASA research and engineering with client interests. The STACs facilitate technology transfer to state and local governments, as well as to private industry, by working with existing state mechanisms for providing technical assistance. The STACs perform services similar to those of the lACs, but where the IAC operates on a regional basis, the...
Página 201 - NASA prior to providing incentives may include, but not be limited to, soae or all of the following considerations: (1) the public or social need for the expected technology development; (2) the contribution to be made to the maintenance of US technological superiority; (3) possible benefits accruing to the public or the US Government from sharing in results; (4) the enhanced economic exploitation of NASA capabilities such as the space transportation system; (5) the desirability of private sector...
Página 45 - These studies were unusually consistent in indicating that independent inventors (including inventor-entrepreneurs) and small technologically-based companies are responsible for a remarkable percentage of the important inventions and innovations of this century — a much larger percentage than their relative investment in these activities would suggest.
Página 33 - We recommend that private sector individual or corporate owners of technology be rewarded, through appropriate changes in the tax code, for selling, leasing, or licensing their technology to small business firms in the United States. In addition, we recommend the establishment of a voluntary national policy to encourage companies to make their technologies available for uses by others.
Página 200 - These guidelines recognized that 'since substantial portions of the US technological base and motivation reside in the US private sector, NASA will enter into transactions and take necessary and proper actions to achieve the objective of national technological superiority through joint action with United States domestic concerns
Página 29 - Recommendation 12. We recommend that the creation of Small Business Export Trade Corporations be encouraged by a double deduction for these corporations of up to $100,000 of annual expenses associated with the exporting activities of each client, with a loss carryforward of ten years. In addition, we recommend that small businesses be allowed a double deduction of special expenses of serving export markets up to $100,000 annually.