University of Maryland Research Release and Panel Holds Discussion
Unintended Outcomes of Small Business Legislation and Policy: Opportunities for Improvement
News provided by
University of Maryland Center for Public Policy and Private EnterpriseMar 09, 2015, 10:03 ET
COLLEGE PARK, Md., March 9, 2015 /PRNewswire-USNewswire/ -- On Thursday, March 12, 2015, researchers at the Center for Public Policy and Private Enterprise located in the University of Maryland's School of Public Policy will release the findings from their recent study examining the federal government's small business set-aside policies. The event will take place at the National Press Club's Fourth Estate Room, 529 14th Street, NW, Washington DC. Registration will begin at 8:00A and the program will start at 8:30A. Please RSVP by Tuesday, March 10, via email at [email protected].
Research Need and Background
The Federal Government's spent over $440B on procurement in FY 2014, with over $280B just for the Department of Defense. This spending creates opportunities for implementing selected national policies. As part of these, the Small Business Act of 1953 established the Small Business Administration (SBA) and small business set-asides to help maintain the health of the industrial base (defense and others), to facilitate greater competition, to create more opportunity for businesses to succeed in the public sector, to create jobs, and to encourage innovation (for the nation's economic competitiveness). However, the pursuit of admirable goals can also have unintended consequences that introduce inefficiencies into the procurement process.
This timely and critical report focuses primarily on the implementation of small business set-asides within the DoD, which, by far, buys the most goods and services. To that end, it reviews previous and current small business initiatives and discusses the related challenges and how they can be overcome; as well as the benefits that can be realized.
This event is designed to educate, encourage, and suggests ways for lawmaker's to improve small business policies, as they look for ways to continue to help small business in the current fiscal environment. In addition to releasing the research findings, we have a confirmed panel of experts from think tanks, non-profits, private industry, and academia to address this essential issue, to include:
- Stan Z. Soloway, President and CEO, Professional Services Council
- Deepak Hathiramani, Founder and Chairman, Vistronix
- Andrew P. Hunter, Director, Defense-Industrial Initiatives Group, CSIS
- Moderator – Jacques S. Gansler, Professor and Roger C. Lipitz Chair in Public Policy and Private Enterprise,
- School of Public Policy, University of Maryland
For more information on the event and/or report, please contact Dawn Pulliam, Director of Outreach, Center for Public Policy and Private Enterprise, at 301.405.8258 or by email at [email protected].
SOURCE University of Maryland Center for Public Policy and Private Enterprise
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