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Measuring the Benefits of the Advanced Technology Program

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Presentation on theme: "Measuring the Benefits of the Advanced Technology Program"— Presentation transcript:

1 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

2 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

3 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

4 Timeline: What We Measure When
ECONOMIC IMPACTS Short-Term Mid-Term Longer-Term 10 or More Years 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

5 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

6 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:

7 For further information:
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