ERIC Number: ED292627
Record Type: RIE
Publication Date: 1986
The Federal Role in Research and Development. Report of a Workshop (November 1985).
This report summarizes a workshop held in November, 1985 and sponsored by the Committee on Science, Engineering, and Public Policy and by the Academy Industry Program. It summarizes 2 days of intensive discussions on two overlapping topics: capabilities for measuring economic returns on federal investments in research and development (R&D), and principles for federal support of applied research. While both questions were illuminated and sharpened, no firm answers appeared. This report contains chapters on measuring returns on federal investments and applied R&D. Each chapter contains an introduction, brief history, and a discussion of the issues. Appendices include workshop participants and commissioned papers. Tables include R&D funding for 1953 to 1986. Overall conclusions include: (1) estimating rates of economic return may be misleading because these returns are not the explicit purpose of federal investment in R&D; (2) existing economic models have serious shortcomings that limit their use; and (3) even if perfected, economic models should be regarded as merely among the criteria for guiding federal R&D policy. Some guidelines suggested were to define goals modestly, tailor programs, match user needs with research capabilities, and emphasize generic research. (CW)
Publication Type: Reports - Descriptive; Collected Works - Proceedings
Education Level: N/A
Authoring Institution: National Academy of Sciences - National Research Council, Washington, DC. Committee on Science, Engineering, and Public Policy.
Note: Proceedings (November 1985).