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Short- and Long-term Economic Impacts of S&T Investments: Data Issues

Short- and Long-term Economic Impacts of S&T Investments: Data Issues. Science of Science Policy Interagency Group. Background. SOSP Roadmap and workshop Data module Input on data infrastructure Data Infrastructure working group NSF, NIH, IRS, BEA January “next steps” memo

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Short- and Long-term Economic Impacts of S&T Investments: Data Issues

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  1. Short- and Long-term Economic Impacts of S&T Investments: Data Issues Science of Science Policy Interagency Group

  2. Background • SOSP Roadmap and workshop • Data module • Input on data infrastructure • Data Infrastructure working group • NSF, NIH, IRS, BEA • January “next steps” memo • The new importance of science in economic growth • America COMPETES • ARRA • Congressman Holt’s letter

  3. Illustrative challenges • Current data system for program administration, not management information • Limited linkage of inputs and outcomes • No detail on individual students (RA’s, grads and undergrads) supported by grants • Annual and final reports not in structured format • => Robinson Crusoe decision

  4. Example: Estimating Job Creation • Identifying informed respondent • HR? • Finance? • SRO? • Identifying appropriate concept • What is a job • What is a “created” job • What is due to stimulus, given churn in jobs • Getting good estimate • Experience with employment surveys • Burden and confusion

  5. Possible approach • Automatically generate job creation measures • Create administrative tracking system • Existing payroll management systems • Unemployment insurance wage records • External validation and accountability • Credible researchers (not Fed estimates) • External tagging

  6. Possible approach • Work with willing agencies • Pilot with some academic institutions - Federal Demonstration Project • Pilot with some HR packages • E.g Peoplesoft • Develop useful and interesting end products

  7. 1. “products” to get buy in 2. Administrative measures of job creation (and earnings) on flow basis

  8. Customized areas of impact (freehand for zip 20814) • Public use data at block level

  9. Automatic and customized reports possible

  10. Getting into the details: Agency and University Grant Handling Complexities John Voeller

  11. Personnel Contractor Vendor STAR Pilot Project Institution STAR Agency Budget Award Record Acquisition And Analysis Agency Direct Benefit Analysis Award State Funding Endowment Funding Institution Papers Intellectual Property Benefit Analysis Research Project Financial System Disbursement Patents Innovation Analysis Start-Up Procurement System Subcontracting System HR System Jobs, Purchases, Contracts Benefit Analysis Hire Buy Engage Detailed Characterization and Summary Existing Institutional Reporting Download State

  12. Other key issues with ARRA • Agencies overloaded with reporting requirements • Recipients overloaded with reporting requirements • Financial reporting is top priority

  13. Broader vision • Create science policy data infrastructure • Leverage existing systems to minimize burden • Create flow estimates of awards, outcomes within a single administrative system • Match to other administrative and survey data in secure environment (e.g. student flows to firms, PI activities; firm outcomes: patents; r&d tax credits; IPOs) • Generate consistent, evidence based, open and transparent estimates of economic and societal impact • Cumulate impacts over time and by discipline

  14. Next steps: partnership • Pilot on developing administrative data infrastructure (role for FDP) • Developing functional specs • Test team of 4-6 FDP members • We will come to your institution for discussion • Agency support • Everyone please complete and send the Survey back • We need to have the Test Team identified by 5/27

  15. Contact Us At Any Time For questions, follow-up or if some of your institution support people would like to talk more about what is being planned • Julia Lane – • 703-292-5145 • jlane@nsf.gov • John Voeller • 816-853-7839 • voellerjg@bv.com

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