IDEAS home Printed from https://ideas.repec.org/h/pal/stachp/978-1-137-54209-0_5.html
   My bibliography  Save this book chapter

Recommendations for Public Sector R&D Managers

In: The Public Sector R&D Enterprise: A New Approach to Portfolio Valuation

Author

Listed:
  • Peter D. Linquiti

    (George Washington University)

Abstract

Chapter 5 provides a series of recommendations for public sector R&D managers based both on theoretical analysis and on a practical case study of a portfolio of “real world” R&D projects. In brief, discounted cash flow techniques should be abandoned in favor of real option methods. In addition, individual R&D projects should never be valued in isolation, but only in concert with the other R&D projects comprising a government program. Technical, commercial, and potential “deep” connections among R&D projects must be identified and characterized before meaningful conclusions can be drawn about the risks being taken with taxpayers’ money. Finally, proactive management of government-sponsored R&D, including interim performance reviews, are likely to yield better results than a hands-off style of management.

Suggested Citation

  • Peter D. Linquiti, 2015. "Recommendations for Public Sector R&D Managers," Science, Technology, and Innovation Policy, in: The Public Sector R&D Enterprise: A New Approach to Portfolio Valuation, chapter 5, pages 106-110, Palgrave Macmillan.
    • Handle: RePEc:pal:stachp:978-1-137-54209-0_5
    DOI: 10.1057/9781137542090_5
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:stachp:978-1-137-54209-0_5. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.