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Measuring the Benefits of the Advanced Technology Program. Jeanne Powell Senior Economist Economic Assessment Office Advanced Technology Program DoE Conference on Estimating the Benefits of Government-Sponsored Energy R&D March 4-5, 2002.
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Measuring the Benefits of the Advanced Technology Program Jeanne Powell Senior Economist Economic Assessment Office Advanced Technology Program DoE Conference on Estimating the Benefits of Government-Sponsored Energy R&D March 4-5, 2002
ATP Mission …To accelerate the development of innovative technologies for broad national benefit through partnerships with the private sector. Chemistry Biotechnology Electronics Manufacturing Advanced Materials Photonics
EVALUATION Inputs Outputs Outcomes Impacts • ATP funding • Industry cost-share • R&D partnering • Risky, innovative technologies • Acceleration • Commercial activity • Broad national economic benefits FEEDBACK Measure Against Mission
Short-Term Mid-Term Longer-Term • Award/participant characteristics • R&D partnering • Acceleration of R&D • Innovative technology development • Patents • Publications • Competitive advantage • Prototype products & processes • Commercial activity • New products • New processes • Licensing • Attraction of capital • Strategic alliances • Company growth • Broad national economic benefits • Return on investment • Public • Private • Social • Inter-industry diffusion • Increased GDP & tax base • Societal impacts ECONOMIC IMPACTS Total Economic Benefits Benefits to Awardees -1 0 1 2 3 4 5 6 7 8 9 10 or More Years Announce Compe- tition Announce Award Complete Project Post-Project Period Timeline: What We Measure When
Business Reporting System Regular, systematic electronic surveys supplemented by telephone surveys Composite Performance Rating System Individual project/participant analysis and mini-case studies Portfolio-wide analysis In-depth Case Studies—Return on Investment Rates of return Net present value Benefit-cost ratio Macroeconomic Analysis Econometric Analysis Evaluation Tools Short and Mid-Term Longer Term
For each project: = + Overall Project Performance Knowledge creation and dissemination Commercialization progress and diffusion Across ATP’s first 50 completed projects: Composite Performance Rating System
For further information: • Call Jeanne Powell: 301-975-4196 • Send e-mail to: jeanne.powell@nist.gov • Visit our website:www.atp.nist.gov • View our publications: www.atp.nist.gov/eao/eao_pubs.htm