This paper proposes a practical, relatively simple approach to the benefit evaluation of research proposals in a large research portfolio, which may include hundreds of relatively small-scale proposals (for example, agricultural research funds). The approach is based on the measurement of...

From the time of the 'first' industrial revolution when mass production became the order of the day, leading to self-sufficiency and increase in employment and international trade, the industrial growth has become the barometer of economic progress. Several industrial units have sprung up in all...

One of the debates in the capital budgeting model selection is between the free cash flow and DCF methods. In this paper an attempt is made to compare SVA against NPV model based on Monte Carlo simulations. Accordingly, NPV is found less sensitive to value driver variations and has got higher...

The survey findings indicate the existence of gap between theory and practice of capital budgeting. Standard appraisal methods have shown a wider project value discrepancy, which is beyond and above the contingency limit. In addition, the research has found the growing trend in the use of value...

This paper reflects on the experience of the Research Into Use (RIU) projects in Asia. It reconfirms much of what has been known for many years about the way innovation takes place and finds that many of the shortcomings of RIU in Asia were precisely because lessons from previous research on...

This paper is a synthesis of research undertaken as part of the Research Into Use programme (RIU) to explore the question of how agricultural research can be used more effectively to improve agricultural production and farmers' livelihoods in developing countries. Many of the challenges the...

This work studies the seniority and the hierarchical level of product champions. The hierarchical level is positively correlated to the size of investment of the innovation projects and the level of seniority is positively associated to the most innovative projects. The seniority of champions...

The efficient financing of the research projects isa main objective for all countries. It is essential toseeksupport for those projects that provide useful results to the society or results that support progress or which are constructive for the society. Many of the currently funded research...

The purpose of this guideline is to provide ideas and technical advice on how to measure the effectiveness of Science, Technology and Innovation Programs (STIP). The paper addresses the specific challenges of evaluating STIP, from the assessment of the intervention logic to the choice of the...

One of the debates in the capital budgeting model selection is between the free cash flow and DCF methods. In this paper an attempt is made to compare SVA against NPV model based on Monte Carlo simulations. Accordingly, NPV is found less sensitive to value driver variations and has got higher...