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 |
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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. |
doi_str_mv | 10.1007/BF02920458 |
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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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