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An ex ante evaluation framework for the regional benefits of publicly supported R&D projects
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Roper, Stephen, Hewitt-Dundas, Nola and Love, James H. (2004) An ex ante evaluation framework for the regional benefits of publicly supported R&D projects. Research Policy, Volume 33 (Number 3). pp. 487-509. doi:10.1016/j.respol.2003.10.002 ISSN 0048-7333.
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Official URL: http://dx.doi.org/10.1016/j.respol.2003.10.002
Abstract
This paper draws on the knowledge-base implicit in ex post evaluations of publicly funded R&D and other related conceptual and empirical studies to suggest a framework for the ex ante evaluation of the regional benefits from R&D projects. The framework developed comprises two main elements: an inventory of the global private and social benefits which might result from any R&D project; and, an assessment of the share of these global benefits which might accrue to a host region, taking into account the characteristics of the R&D project and the region’s innovation system.
The inventory of global benefits separately identifies private and social benefits and distinguishes between increments to public and private knowledge stocks, benefits to R&D productivity and benefits from commercialisation. Potential market and ‘pure’ knowledge spillovers are also considered separately. The paper concludes with the application of the framework to two illustrative case studies.
| Item Type: | Journal Article | ||||
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| Divisions: | Faculty of Social Sciences > Warwick Business School > Strategy & International Business Faculty of Social Sciences > Warwick Business School |
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| Journal or Publication Title: | Research Policy | ||||
| Publisher: | Elsevier BV | ||||
| ISSN: | 0048-7333 | ||||
| Official Date: | April 2004 | ||||
| Dates: |
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| Volume: | Volume 33 | ||||
| Number: | Number 3 | ||||
| Page Range: | pp. 487-509 | ||||
| DOI: | 10.1016/j.respol.2003.10.002 | ||||
| Status: | Peer Reviewed | ||||
| Publication Status: | Published | ||||
| Access rights to Published version: | Restricted or Subscription Access |
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