R&D Advancement, Technology Diffusion, and Impact on Evaluation of Public R&D

Michal C. Moore, Douglas J. Arent, Douglas Norland

Research output: Contribution to journalArticlepeer-review

10 Scopus Citations

Abstract

In a 2001 report titled Energy Research at DOE: Was It Worth It? a National Research Council (NRC) committee defined a set of simplifying rules to estimate the net economic benefits from technologies supported by the Department of Energy (DOE). We evaluate the efficacy of the NRC rules compared to published literature on acceleration of technology introduction into markets, technology diffusion, and infrastructure change. We also offer considerations for revisions of the rules that call for the use of technology and sector-specific data, advanced forecasting techniques, and sensitivity analysis to test the robustness of the methodology.

Original languageAmerican English
Pages (from-to)1464-1473
Number of pages10
JournalEnergy Policy
Volume35
Issue number3
DOIs
StatePublished - 2007

NREL Publication Number

  • NREL/JA-640-39756

Keywords

  • Economic-benefits evaluation
  • Market penetration
  • Product innovations

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