Evaluating the economic, energy, and environmental impacts of a technology commercialization program
| Title: | Evaluating the economic, energy, and environmental impacts of a technology commercialization program |
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| Format: | Conference |
| Publication Date: | 1997 |
| Publisher | Omni Press |
| Description: | This paper describes the results of the latest evaluation of the Energy-Related Inventions Program (ERIP), one of the longest-running commercialization assistance programs in the US. Four performance metrics are used to evaluate the Program: (1) the market entry of new products, (2) commercial sales, (3) energy savings, and (4) greenhouse gas emissions reductions. The methodology used to estimate each metric is described, and the strengths and weaknesses of the metrics are discussed. The results of the Program evaluation are compared with other published program metrics, suggesting the Program`s high success. Issues that must be addressed to fairly appraise public investments in technology commercialization programs are also highlighted. |
| Ivan Allen College Contributors: | |
| Citation: | 255 - 265. Omni Press. |
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