An ex ante evaluation framework for the regional benefits of publicly supported R&D projects

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, 33 (3), pp. 487-509.

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. © 2003 Elsevier B.V. All rights reserved.

Publication DOI: https://doi.org/10.1016/j.respol.2003.10.002
Divisions: Aston Business School > Economics, Finance & Entrepreneurship
Uncontrolled Keywords: evaluation,ex ante,regional policy,research and development,Business and International Management,Strategy and Management,Economics and Econometrics
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Related URLs: http://www.scop ... tnerID=8YFLogxK (Scopus URL)
Published Date: 2004-04
Authors: Roper, Stephen
Hewitt-Dundas, Nola
Love, James H.

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