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| E2: ATP
Funds Early-Stage Technology Development: Evidence of Post-ATP,
Private Investments in R&D to Bring Technologies to Market |
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Data collected for this
factsheet came from two rounds of interviews. The interviews occurred approximately
two years after each ATP project ended. These first set of interviews cover
ATP projects that started after October 1, 1993, and where funding ended
by December 31, 1997. The second set of interviews cover ATP projects that
started after October 1, 1994, and where funding ended by December 31, 1998.
The combined rounds covered 178 companies representing 114 single applicant
and 22 joint venture projects. EAO collects data from companies who received
an ATP award at two, four and six years after ATP funding ends.
Companies
Continue to Make R&D Investments Following Their ATP Projects:
- 8 out of 10 companies
in single-applicant projects continued R&D on their ATP-funded technology.
- Nearly 6 out of
10 companies in joint venture projects continued R&D on their ATP-funded
technology.
For companies
participating in joint ventures:
- 9 out of 10 joint
venture projects had at least one member continuing R&D on their
ATP-funded technology.
- Over 70% of small
firms, 55% of medium firms and 45% of large firms continue R&D funding
of their technology.
For companies participating
in single-applicant projects:
- Almost 90% of small
and medium-sized firms and over 60% of large firms continue R&D
funding of their technology.
These findings
support the assertion that ATP's mission is being met, specifically:
- ATP funds projects
that are in the early-stage of technology development, where there are
still substantial technical uncertainties.
- Companies made
the technical progress in the ATP-funded, risky stage of technology
development needed to attract capital to overcome the remaining technical
barriers.
- Companies are
continuing their commitment to the long-term ATP goals of successful
commercialization and broad national economic benefit.
Date created: September
3, 2002
Last updated:
June 23, 2003
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