Net present value analysis to select public R&D programs and valuate expected private sector participation

One of the main functions of government is to invest taxpayer dollars in projects, programs, and properties that will result in social benefit. Public programs focused on the development of technology are examples of such opportunities. Selecting these programs requires the same investment analysis...

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Veröffentlicht in:Applied Biochemistry and Biotechnology 1997, Vol.63 (1), p.599-607
Hauptverfasser: Hinman, N.D, Yancey, M.A
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container_title Applied Biochemistry and Biotechnology
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creator Hinman, N.D
Yancey, M.A
description One of the main functions of government is to invest taxpayer dollars in projects, programs, and properties that will result in social benefit. Public programs focused on the development of technology are examples of such opportunities. Selecting these programs requires the same investment analysis approaches that private companies and individuals use. Good use of investment analysis approaches to these programs will minimize our tax costs and maximize public benefit from tax dollars invested. This article describes the use of the net present value (NPV) analysis approach to select public R&D programs and valuate expected private sector participation in the programs.
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subjects 09 BIOMASS FUELS
agriculture
bioenergy
COST
energy resources
government and administration
INVESTMENT
NATIONAL RENEWABLE ENERGY LABORATORY
natural resources
Net present value
Private sector
RENEWABLE ENERGY SOURCES
title Net present value analysis to select public R&D programs and valuate expected private sector participation
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