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nomic analysis in its review of the ATP. The goal today is to bring varied points of view to bear on the program's effectiveness, efficiency, and rationale. These reviews will help the Steering Committee develop better ways to balance the risks, returns, and opportunity costs of other government-industry collaborations.

  • Finally, the program is uniquely controversial. Although it began with significant bipartisan support, in the mid-nineties it became more closely associated with the Clinton administration. As a result, it was subject to intense scrutiny. One offshoot of this controversy is that the ATP has developed an exceptional assessment program, which we will hear more about later.

Despite the frequent discussion of the program, an overview of the program's objectives and operations as well as the views of awardees and venture capitalists of its impact has never been undertaken. To provide an overview of the program's goals and operations, the Steering Committee produced an initial report on the ATP, copies of which are available at the meeting. 4 The focus of today's meeting, he said, is assessment.

Outlining the day's agenda, Mr. McFadden reviewed the five panels that will review and discuss aspects of the program.

  • Panel I will review the ATP Objective: Addressing the Financing Gap for Enabling Technologies. Moderated by Charlie Trimble of Trimble Navigation, who is also a member of the Steering Committee, this panel will offer the viewpoints of a venture capitalist, the founder of a high-technology start-up company, and a representative of a major high-technology corporation.

  • Panel II will review the ATP's Assessment Program. Moderated by David Goldston, Legislative Director for Rep. Sherwood Boehlert (R-NY) this panel includes a summary by Rosalie Ruegg of the work of the assessment office and a critical assessment by two distinguished panelists.

  • Panel III, moderated by David Finifter, College of William & Mary, will address some of the recent work on Stimulating R&D Investment.

  • Panel IV takes up a major study on Assessing Progress: Case Study Clusters, moderated by David Austin of Resources for the Future.

  • Panel V, moderated by Charles Wessner of the National Research Council, assesses the ATP Assessment Program and has the dual objectives of (a) reviewing the ATP's assessment program and suggesting improvements and (b) more generally reviewing the orientation of the ATP program itself and suggesting possible improvements.

4 National Research Council, The Advanced Technology Program: Challenges and Opportunities, Charles W. Wessner, editor, Washington, D.C.: National Academy Press, 1999.

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