Evaluating the Impact of Small Business Set-Asides on Acquisitions Efficiency
Abstract
The Center for Public Policy and Private Enterprise, at the University of Maryland, proposes to conduct a study of the impact of small business set-asides on acquisitions efficiency. The objective of this research is to examine the federal small business set-aside policies, and to attempt to quantify the true outcomes of the policies. These socio-economic policies were established to ensure that small businesses, particularly those owned by members of minority and disadvantaged individuals, should have the maximum practical opportunity to participate in federal contracting. Since small businesses are also responsible for most of the job creation and technical innovations, contributing to the nation’s economic growth, there is great interest in encouraging the growth and health of small businesses throughout the American economy. However, these policies tend to limit competition, and we postulate that they also create other inefficiencies. The proposed study seeks to quantify these inefficiencies and identify ways to modify the policies, so that they can better achieve their stated objectives. We believe that reforms will improve national security, while facilitating the growth of small businesses, thereby strengthening the national economy.
Document Details
- Document Type
- DoD Grant Award
- Publication Date
- Apr 11, 2016
- Source ID
- N002441610011
Entities
People
- William Lucyshyn
Organizations
- Office of the Secretary of Defense
- University of Maryland