The headline and subtitle of the Newsweek story got my attention: "The Decline of Western Innovation -- Why America is falling behind and how to fix it."
Innovation. What is that anyhow? Webster says it's "(1) the introduction of something new. (2) a new idea, method, or device."
OK. That's simple enough. SBIR is supposed to provide funding for small businesses to develop new ideas, methods or devices for solving Federal agency defined problems. That's why the "I" is in SBIR, isn't it?
Has SBIR been effective in producing innovation? YES! The evidence is overwhelming.
A 2008 study done by two University of California at Davis professors, Fred Block and Matt Keller, addressed the subject of "Where Do Innovations Come From?"
The SBIR Coach's Playbook ®: Is America losing its ability to innovate?