An Economic Analysis of GRDC's Investment in the Functional ...

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GRDC Impact Assessment Report Series:Title: An Economic Analysis of GRDC’s Investment in the Functional Genomics ProgramApril 2008GRDC Project Code: ATR00002This report was commissioned and published by the GRDC.Enquiries should be addressed to:Mr Vincent FernandesCorporate Strategy & Program SupportGrains Research and Development CorporationPO Box 5367KINGSTON ACT 2604Phone: 02 6166 4500Email: v.fernandes@grdc.com.auAuthor:Agtrans ResearchPO Box 385TOOWONG QLD 4066Phone: 3870 4047Email: info@agtrans.com.auISBN No. 978-1-921779-02-2© 2008 Grains Research and Development Corporation.All rights reserved.DisclaimerAny recommendations, suggestions or opinions contained in this publication do not necessarilyrepresent the policy or views of the Grains Research and Development Corporation. No personshould act on the basis of the contents of this publication without first obtaining specific,independent professional advice.The Grains Research and Development Corporation will not be liable for any loss, damage, costor expense incurred or arising by reason of any person using or relying on the information in thispublication.
An Economic Analysis of GRDC Investment in a FunctionalGenomics ProgramContents1 Executive Summary..................................................................................................... 42 Background.................................................................................................................. 53 The Investment ............................................................................................................ 53.1 Program Objectives.............................................................................................. 53.2 Projects Funded by GRDC................................................................................... 53.3 Investment Contributions ..................................................................................... 64 Investment Description and Outputs ........................................................................... 84.1 Process Description.............................................................................................. 84.2 Outputs ................................................................................................................. 85 Outcomes..................................................................................................................... 85.1 Establishment of the Australian Centre for Plant Functional Genomics ............. 85.2 Commercialisation and Capturing of Benefits..................................................... 96 Benefits........................................................................................................................ 96.1 Public versus Private Benefits............................................................................ 106.2 Match with National Priorities ........................................................................... 107 Quantification of Benefits ......................................................................................... 117.1 Counterfactual – With and Without ................................................................... 117.2 Assumptions for Estimating Benefits................................................................. 127.3 Summary of Key Assumptions .......................................................................... 138 Results ....................................................................................................................... 159 Conclusions ............................................................................................................... 1910 Acknowledgments.................................................................................................. 1911 References.............................................................................................................. 19________________________________________________________________________________Agtrans Research Page 3
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An Economic Analysis of GRDC's Investment in the Functional ...

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