The expected economic benefits from the Advanced Technology Program far outweigh program costs, according to a new report issued by the U.S. Department of Commerce's National Institute of Standards and Technology.
The report, Advanced Technology Program Performance of Completed Projects, Status Report Number 1, was prepared by economist William F. Long of Business Performance Research Associates Inc. The report provides the most detailed examination to date of the outcomes of the earliest ATP projects.
The study covers all 38 ATP projects completed by the end of March 1997, documenting research accomplishments, subsequent work by the companies to commercialize the results, and near-term outlooks for the technologies. It also lists the reasons for failure of 12 other terminated projects that were selected between 1991 and March 1997.