The Public Sector R&D Enterprise: A New Approach to Portfolio Valuation [Hardcover]

The Public Sector R&D Enterprise combines a primer on how government R&D programs actually work with a sophisticated methodology for prospectively putting a dollar figure on the value of R&D investments before they are made.1. Research and Development: Opportunities and Challenges 2. A Primer on the Public Sector R&D Enterprise 3. R&D Portfolio Valuation and Formation 4. Public Sector R&D Valuation: A Practical Example 5. Recommendations for Public Sector R&D Managers 6. Next Steps in Valuing R&D Portfolios: A Research Agenda

From my more than twenty years spent evaluating federal research and technology development programs I, and many colleagues in the field, have concluded that we need more systems thinking and better methods, particularly for portfolio analysis. This book is important and useful for those interested in public policy for applied research because it offers both an overview of the public-sector R&D system and evidence that the real options technique works. - Gretchen Jordan, 360 Innovation LLC, Co-Editor of Research Evaluation (2009-2014)

An accessible journey that starts with offering insights into the Federal Government's process for R&D investment. It ends with an explanation, methodology, and an example of how this worthwhile R&D is actually undervalued by the current economic models that are utilized. Consequently this book is not only a valuable source to those who wish to understand Federal R&D, but to anyone who manages or invests in R&D whether it be the US Federal Government, foreign governments, foundations, or private enterprise. - Jonathan D. Linton, Power Corporation Professor for the Management of Technological Enterprises, University of Ottawa, Canada; Head of Science Technology Studies Laboratory, National Research University Higher School of Economics, Moscow; Editor-in-Chief of Technovation: The Journal of Technological Innovation, Entrepreneurship lc2