Benefit Cost Analysis of RD&E in Action

Trevor Wilson, Fred Chudleigh and Gretchen Carrigan

No 47639, 2009 Conference (53rd), February 11-13, 2009, Cairns, Australia from Australian Agricultural and Resource Economics Society

Abstract: Since 2004, the Queensland Department of Primary Industries and Fisheries has embarked on a rigorous evaluation of its R&D Programs, with Benefit Cost Analysis being a cornerstone of this work. The analyses conducted to date have proved to be powerful tools in internal resource re-allocation. However, the process used has been time consuming, partly because there needs to be adequate time allowed for consultation both with scientists and with senior staff. Experience has highlighted the need for strong organisational support to the analysts carrying out the work.

Keywords: Research; and; Development/Tech; Change/Emerging; Technologies (search for similar items in EconPapers)
Pages: 13
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aare09:47639

DOI: 10.22004/ag.econ.47639

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