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TABLE 4 Summary of Survey Findings on Partial Early-Stage Economic Impacts

Categories of Partial Early-Stage Economic Impacts

2 Yrs After Project Start

At End of Project

Direct Impacts on Member Companies

Quantified Economic Impacts *

Research Cost Savings

Work years saved

$10.0 mil.

$24.7 mil.

Testing materials and machine time saved

$2.0 mil.

$3.3 mil.

Other research cost savings

$1.5 mil.

$7.5 mil.

Production Cost Savings

Productivity improvements

$1.0 mil.

$5.0 mil.

Non-Quantified Economic Impacts *

Shortened Time to Practice

Average time saved per research task

12.7 months

11.0 months

Indirect Impacts on Member Companies

Competitive Position in World Markets

increased

increased

Spillover Impacts on PWB Industry

Technology Transfer

Research papers

12

214

Conferences attended

40

96

Competitive Position in World Markets

increased

increased

* Indicates these impacts are based only on half the research tasks the members thought they would eventually have done without the ATP, and not the new capabilities resulting from those tasks that they would not have done at all without the ATP.



REFERENCES

Council on Competitiveness. 1994 . Critical Technologies Update 1994 . Washington, DC .

Council on Competitiveness. 1991 . Gaining New Ground: Technology Priorities for America's Future . Washington, DC .

Link, Albert N. 1997 . Advanced Technology Program Case Study: Early Stage Impacts of the Printed Wiring Board Joint Venture, Assessed at Project End . NIST GCR 97-722. November.

Link, Albert N. 1996 . Evaluating Public Sector Research and Development . Westport, CT : Praeger .

Link, Albert N. 1996a . Economic Impact Assessments: Guidelines for Conducting and Interpreting Assessment Studies . NIST Planning Report 92-2. May.

Link, Albert N. 1993 . Advanced Technology Program: Economic Study of the Printed Wiring Board Joint Venture After Two Years . Report prepared for the Advanced Technology Program. April.

Link, Albert N. and Laura L. Bauer. 1989 . Cooperative Research in U.S. Manufacturing: Assessing Policy Initiatives and Corporate Strategies . Lexington, MA : D. C. Heath .

Link, Albert N., David J. Teece, and William F. Finan. 1996 . “Estimating the Benefits from Collaboration: The Case of SEMATECH.” Review of Industrial Organization . 11(5): 737-751 .



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