Economic performance measures for evaluating government-sponsored research

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 )
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Abstract: The purpose of this paper is to discuss, in general terms, evaluation issues related to government-sponsored research and to describe and critique the usefulness of economic performance measures for evaluating such activity. Herein is presented an overview of the economic justification for government-sponsored research and the rationale for its evaluation. Also, fundamental evaluation methods are described. The paper ends with a recommendation that benefit-cost analysis may be the most appropriate economic performance measure when evaluating government-sponsored research if used cautiously and with an understanding of its inherent subjectivity.

Additional Information

Scientometrics 36, 325–342
Language: English
Date: 1996
economic performance measures, government-sponsored research, evaluation, benefit-cost analysis

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