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Inter-Industry Diffusion of Technology That Results from ATP Products: Preliminary Research of the Potential Impacts of ATP Funding

机译:aTp产品产生的行业间技术扩散:aTp资金潜在影响的初步研究

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One objective of the Advanced Technology Program (ATP) is to fund research and development (R&D) in industries where the social benefit of the R&D is substantial even though the return to the individual firm performing the R&D may be low. Often these benefits are fluid and quantifying these benefits is daunting. Product innovation, for instance, is embedded in sales flows to customers and thus can be relatively easy to identify and quantify by using input-output (I-O) tables. Process innovation, however, is more complex to analyze and requires measurement of shifts in cost curves. ATP uses a number of ways to determine if its objectives are being met. The I-O approach is used in this study. Economists have used I-O in the past to measure market spillovers. Market spillovers are embodied in goods purchased by industries using those spillovers not purchased directly as intermediate inputs (i.e., those industries that purchase goods and services from those firms that conduct R&D). These market spillovers must also be products or processes that are commercialized. I-O tables, then, can help to predict what kinds of ATP projects are likely to produce larger spillover benefits and higher social returns. Thirty-six of the first 50 completed ATP projects commercialized a product or process, and that fact is reflected in the I-O tables. Nineteen of the projects produced a product or process with potential to benefit more than one industry. Five projects rated with the highest spillover potential (printed wiring boards, precision mirrors for advanced lithography, interconnected chips, metallo-organic chemical vapor deposition reactor, and ion beam implantation-computer chips) represent a cross-section of ATP funding efforts; that is, two of these five projects are joint ventures, three are single applicants, and one project is a consortium involving a large number of industry leaders and a government laboratory. This is preliminary research of the potential impacts of ATP funding. The analysis focuses on projects that have been commercialized, but some resulted in minimal actual market transactions. A more substantial investigation, using I-O tables more expansively and intensely, must be completed at a later stage to fully understand ATP's role in the economy and society.

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