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


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.

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Divisions: College of Business and Social Sciences > 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
Publication ISSN: 0048-7333
Last Modified: 22 Apr 2024 07:08
Date Deposited: 11 Mar 2019 17:34
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Related URLs: http://www.scop ... tnerID=8YFLogxK (Scopus URL)
PURE Output Type: Article
Published Date: 2004-04
Authors: Roper, Stephen
Hewitt-Dundas, Nola
Love, James H.



Version: Accepted Version

License: Creative Commons Attribution

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