Evaluating Public Sector R&D Programs: The Advanced Technology Program's Investment in Wavelength References for Optical Fiber Communications

UNCG Author/Contributor (non-UNCG co-authors, if there are any, appear on document)
Albert N. Link, Professor (Creator)
The University of North Carolina at Greensboro (UNCG )
Web Site: http://library.uncg.edu/

Abstract: Griliches (1958) [Journal of Political Economy,66: 419--431] and Mansfield et al. (1977) [Quarterly Journal of Economics 91: 221--240] pioneered the application of fundamental economic insight to the development of measurements of private and social rates of return to innovative investments. This paper illustrates field-based methods for measuring the social rates of return to innovative investments by the public sector. The case study described herein relates to the development of an improved standard reference material for the measurement of the wavelength of light in an optical fiber network.

Additional Information

The Journal of Technology Transfer 30, 241–251
Language: English
Date: 2004
social rate of return, benefit-cost analysis, internal rate of return, net present value, program evaluation, innovation

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