كتاب
Public sector R and D enterprise: a new approach to portfolio valuation
| العنوان: | Public sector R and D enterprise: a new approach to portfolio valuation |
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| المؤلفون: | Linquiti, Peter D., author. |
| سنة النشر: | 2015 |
| وصف مادي: | 1 online resource (x, 133 pages) : illustrations. |
| سلاسل: | Science, technology, and innovation policy Science, technology, and innovation policy (Palgrave Macmillan (Firm)) |
| مصطلحات موضوعية: | Public administration -- Technological innovations., Portfolio management., Electronic books. |
| الوصف: | "30 billion per year on applied, non-defense research and development in fields like energy, health, transportation, agriculture, and the environment. Effective management of this investment is a prerequisite not only to addressing challenges like climate change and economic prosperity, but also to the wise stewardship of taxpayer money. 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. Using an integrated framework, this primer offers students and practitioners alike an accessible entry point to what can be a very complex R&D enterprise. The author presents and proves the feasibility of a new valuation methodology that allows program administrators to prospectively estimate the likely returns and potential risks of potential investments in R&D."--Publisher's website. |
| ملاحظة حول المحتويات: | Cover; Half-Title; Title; Copyright; Contents; List of Figures; List of Tables; Acknowledgments; 1 Research and Development: Opportunities and Challenges; 2 A Primer on the Public Sector R&D Enterprise; 2.1 Overview; 2.2 Mediating factors: policy objectives; 2.2.1 Correct market failures; 2.2.2 Strengthen the economy; 2.2.3 Enhance national competitiveness; 2.3 Model component: inputs; 2.4 Model component: activities; 2.5 Mediating factors: institutional conditions; 2.5.1 Program-specific statutory and regulatory requirements; 2.5.2 Government-wide statutory and regulatory requirements 2.5.3 Inter-agency coordination2.5.4 Political oversight; 2.6 Model component: outputs; 2.7 Mediating factors: conditions faced by new technologies; 2.7.1 The market environment for new technologies; 2.7.2 The policy environment for new technologies; 2.8 Model component: outcomes; 2.9 Model component: impacts; 2.10 Model component: program evaluation; 3 R&D Portfolio Valuation and Formation; 3.1 National Research Council method for prospective evaluation; 3.2 Potential enhancements to the standard DT/DCF approach; 3.2.1 Enhancement #1: treat R&D projects as real options 3.2.2 Enhancement #2: treat groups of R&D projects as portfolios3.2.3 Enhancement #3: value R&D portfolios as portfolios of real options; 3.3 Approaches to portfolio formation; 3.3.1 Commercial practices for portfolio formation; 3.3.2 Public sector practices for portfolio formation; 4 Public Sector R&D Valuation: A Practical Example; 4.1 Research questions; 4.2 Data; 4.2.1 R&D project data; 4.2.2 Energy price data; 4.3 Methodology; 4.3.1 Replicate and extend NRC methodology; 4.3.2 Execute real option analysis with related projects; 4.3.3 Sensitivity analyses; 4.3.4 Measuring portfolio risk 4.4 Results4.4.1 Project valuation; 4.4.2 Portfolio valuation; 4.4.3 Sensitivity analyses; 5 Recommendations for Public Sector R&D Managers; 6 Next Steps in Valuing R&D Portfolios: A Research Agenda; References; Index |
| Original Identifier: | (OCoLC)908247408 (Springer)ocn908247408 |
| نوع الوثيقة: | Book |
| اللغة: | English |
| ردمك: | 978-1-137-54209-0 1-137-54209-8 |
| حقوق: | This record is part of the Harvard Library Bibliographic Dataset, which is provided by the Harvard Library under its Bibliographic Dataset Use Terms and includes data made available by, among others, OCLC Online Computer Library Center, Inc. and the Library of Congress. |
| ملاحظات: | Includes bibliographic references and index. |
| رقم الأكسشن: | edshlc.015047613.2 |
| قاعدة البيانات: | Harvard Library Bibliographic Dataset |
Full Text Finder | ردمك: | 9781137542090 1137542098 |
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