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ATP-Funded Green Process Technologies - NIST Advanced ...

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A large spillover gap indicates the innovating firm’s inability to appropriate most<br />

technology benefits to itself in the form of additional profits and could lead to private<br />

sector underinvestment and associated loss of benefits to downstream firms, end-user<br />

customers, the economy, and society at large. <strong>ATP</strong> compensates for the spillover gap<br />

by partially funding the development of high-risk, innovative technologies that<br />

private firms are unable to fund due to R&D technical risks and appropriability risk.<br />

* * * * *<br />

Performance metrics for public and social returns are computed on the basis of<br />

benefit cash flow estimates from two case study projects. Future economic studies<br />

may document and estimate additional benefit cash flows from other <strong>ATP</strong>-funded<br />

green technology projects.<br />

16 <strong>ATP</strong>-FUNDED GREEN PROCESS TECHNOLOGIES

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