Measuring the Benefits of the Advanced Technology Program

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Presentation transcript:

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

Chemistry ATP Mission … To accelerate the development of innovative technologies for broad national benefit through partnerships with the private sector. Biotechnology Electronics Manufacturing Advanced Materials Photonics

Measure Against Mission Inputs Outputs Outcomes Impacts FEEDBACK EVALUATION ATP funding Industry cost-share R&D partnering Risky, innovative technologies Acceleration Commercial activity Broad national economic benefits

Timeline: What We Measure When ECONOMIC IMPACTS Short-Term Mid-Term Longer-Term 10 or More Years -1 0 1 2 3 4 5 6 7 8 9 Announce Compe- tition Award Complete Project Post-Project Period Total Economic Benefits Benefits to Awardees 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

Evaluation Tools Business Reporting System Short and Mid-Term Longer Term 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

Composite Performance Rating System For each project: Overall Project Performance Knowledge creation and dissemination Commercialization progress and diffusion = + Across ATP’s first 50 completed projects:

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