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

Journal Article · Wed Dec 31 00:00:00 EST 1997 · Applied Biochemistry and Biotechnology

DOI:https://doi.org/10.1007/BF02920458· OSTI ID:576266

Hinman, N D; Yancey, M A ^[1]

---

1. National Renewable Energy Lab., Golden, CO (United States)

One of the main functions of government is to invest taxpayers 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. 5 refs.

• Sponsoring Organization: USDOE
• OSTI ID: 576266
• Report Number(s): CONF-960539-; ISSN 0273-2289; TRN: 98:000980-0033
• Journal Information: Applied Biochemistry and Biotechnology, Vol. 63-65; Conference: 18. symposium on biotechnology for fuels and chemicals, Gatlinburg, TN (United States), 5-9 May 1996; Other Information: PBD: Spr 1997
• Country of Publication: United States
• Language: English

Related Subjects

09 BIOMASS FUELS
RENEWABLE ENERGY SOURCES
NATIONAL RENEWABLE ENERGY LABORATORY
INVESTMENT
COST