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Title: The Energy-Related Inventions Program: An assessment of recent commercial progress

Abstract

This report provides information on the recent commercial progress of inventions supported by the Energy-Related Inventions Program (ERIP). The period of interest is 1980 through 1986. Data on 156 inventions were collected through telephone interviews. By the end of 1986, at least 65 inventions had entered the market, generating total cumulative sales of $272 million. With $17.1 million in grants awarded through 1986, and $43.9 million in program appropriations over the same period, ERIP has generated a 16:1 return in terms of sales values to grants, and a 6:1 return in sales versus program appropriations. It is estimated that 35% of all ERIP inventions had been commercialized, and 26% had achieved sales by the end of 1986. While it is difficult to make exact comparisons between these percentages and other indicators of the success rates of technological innovations as a whole, the ERIP figures remain impressive by most standards. Sources of funding, correlates of commercial success, and the commercialization time-line are also discussed. 28 refs., 20 figs., 10 tabs.

Authors:
;
Publication Date:
Research Org.:
Oak Ridge National Lab., TN (USA)
OSTI Identifier:
6891502
Report Number(s):
ORNL/CON-252
ON: DE89003945
DOE Contract Number:  
AC05-84OR21400
Resource Type:
Technical Report
Resource Relation:
Other Information: Portions of this document are illegible in microfiche products
Country of Publication:
United States
Language:
English
Subject:
29 ENERGY PLANNING, POLICY AND ECONOMY; ENERGY CONSERVATION; RESEARCH PROGRAMS; COMMERCIALIZATION; GRANTS; INVENTIONS; PATENTS; SALES; STATISTICAL DATA; DATA; DOCUMENT TYPES; INFORMATION; NUMERICAL DATA; 290500* - Energy Planning & Policy- Research, Development, Demonstration, & Commercialization

Citation Formats

Brown, M A, and Snell, S A. The Energy-Related Inventions Program: An assessment of recent commercial progress. United States: N. p., 1988. Web.
Brown, M A, & Snell, S A. The Energy-Related Inventions Program: An assessment of recent commercial progress. United States.
Brown, M A, and Snell, S A. Sat . "The Energy-Related Inventions Program: An assessment of recent commercial progress". United States.
@article{osti_6891502,
title = {The Energy-Related Inventions Program: An assessment of recent commercial progress},
author = {Brown, M A and Snell, S A},
abstractNote = {This report provides information on the recent commercial progress of inventions supported by the Energy-Related Inventions Program (ERIP). The period of interest is 1980 through 1986. Data on 156 inventions were collected through telephone interviews. By the end of 1986, at least 65 inventions had entered the market, generating total cumulative sales of $272 million. With $17.1 million in grants awarded through 1986, and $43.9 million in program appropriations over the same period, ERIP has generated a 16:1 return in terms of sales values to grants, and a 6:1 return in sales versus program appropriations. It is estimated that 35% of all ERIP inventions had been commercialized, and 26% had achieved sales by the end of 1986. While it is difficult to make exact comparisons between these percentages and other indicators of the success rates of technological innovations as a whole, the ERIP figures remain impressive by most standards. Sources of funding, correlates of commercial success, and the commercialization time-line are also discussed. 28 refs., 20 figs., 10 tabs.},
doi = {},
journal = {},
number = ,
volume = ,
place = {United States},
year = {1988},
month = {10}
}

Technical Report:
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