1 / 15

Approaches to Developing Government R&D Programs Gregory Tassey

Approaches to Developing Government R&D Programs Gregory Tassey Senior Economist National Institute of Standards and Technology September 2007 tassey@nist.gov http://www.nist.gov/director/planning/strategicplanning.htm.

abedi
Télécharger la présentation

Approaches to Developing Government R&D Programs Gregory Tassey

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Approaches to Developing Government R&D Programs Gregory Tassey Senior Economist National Institute of Standards and Technology September 2007 tassey@nist.gov http://www.nist.gov/director/planning/strategicplanning.htm

  2. Factors Driving Government R&D Policy & Budgets • Rationales for government involvement • Macroeconomic trends (debt, slow economic growth) • Demands for government efficiency (GPRA, PART) • Competition for available resources across the R&D portfolio (ACI)

  3. The Process for Determining R&D Programs and Budgets Identifythe problem Rationalize government program Do strategic planning Propose technical solution (set of projects) Conduct research Assess economic impacts

  4. Why Economic Analysis? • Technology is an input into an economic process • Can no longer dodge this fundamental relationship • Even when ultimate goal of R&D is public good (e.g., health care) • Products and services delivered by industry(supply chain) • Achieving cost and quality objectives depends on private-sector efficiency • i.e., attaining a better return on investment

  5. Developing a Government R&D Program • Demonstrate systematic underinvestment by industry • Determine amount of R&D • Determine composition of R&D • Efficiency of R&D Process • Project Economic Impact

  6. Targets of Economic Analysis for S&T Programs

  7. NIST Study of Biopharmaceutical Technology Infrastructure • Estimate the U.S. biopharmaceutical industry’s annual spending on technology infrastructure • Determine key areas of technology of underinvestment • Characterize and estimate the potential efficiency gains from an improved technology infrastructure • Potential drug development cost reductions • Shorter time to market for new drugs • Greater probabilities of product approval by the FDA

  8. Annual Technology Infrastructure Expenditures by Technology Focus Area, 2005 Source: RTI International

  9. Potential R&D Cost Reductions in Biopharmaceutical Development with an Improved Technology Infrastructure Source: RTI International

  10. Potential Manufacturing Efficiency Gains from an Improved Technology Infrastructure a From Frost and Sullivan (2004). Source of estimates: RTI International

  11. The Bottom Line • The lack of adequate generic technology research leads to long delays in significant innovation • The lack of adequate infratechnology research leads to inefficiencies in R&D, production, market development, and supply-chain integration • The U.S. economy has gotten away with inefficient management of its R&D portfolio in the past due to lack of global competition • R&D programs must now be rationalized by demonstrating the cost of underinvestment and the subsequent economic benefits from increased R&D funding

More Related