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

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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
Divisions:	Faculty of Social Sciences > Warwick Business School > Strategy & International Business Faculty of Social Sciences > Warwick Business School
Journal or Publication Title:	Research Policy
Publisher:	Elsevier BV
ISSN:	0048-7333
Official Date:	April 2004
Dates:	Date Event April 2004 Published
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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