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