Number: RL30216 Title: SMALL, HIGH TECH COMPANIES AND THEIR ROLE IN THE ECONOMY: ISSUES IN THE REAUTHORIZATION OF THE SMALL BUSINESS INNOVATION RESEARCH (SBIR) PROGRAM Authors: Wendy H. Schacht, Resources, Science, and Industry Division Abstract: The Small Business Innovation Research (SBIR) program is a government-wide effort to increase that portion of the federal research and development budget provided to small firms for work associated with the mission responsibilities of federal departments and agencies. This activity is due to sunset on October 1, 2000. In anticipation of expected congressional efforts to reauthorize the SBIR program, this paper focuses on the role small high tech enterprises--those that provide high value added goods, services, and jobs--play in the nation's economic growth. It provides background on related legislative initiatives to facilitate innovation and explores issues associated with achieving the goals of the SBIR activity within the context of other federal technology development endeavors. Pages: 10 Date: Updated May 28, 1999