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Measuring return on investment (ROI) for military to private sector technology transfer

descriptionPublicationkeyboard_double_arrow_right Article 20 Jan 2003Publisher:Portland Int. Conf. Manage. Eng. & Technol. PICMETJournal:PICMET '99: Portland International Conference on Management of Engineering and Technology. Proceedings Vol-1: Book of Summaries (IEEE Cat. No.99CH36310)

Authors: Richard M. Franza; Rajesh Srivastava;

doi: 10.1109/picmet.1999.808340

Measuring return on investment (ROI) for military to private sector technology transfer

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Abstract

Summary form only given. One of the most intriguing strategies implemented to enhance the nation's technological position is the active transfer of technologies developed primarily for public purposes to the private sector for new commercial products. Such technology transfer has been extremely critical for the Department of Defense and the individual military services. One of the primary reasons the military services have been hesitant to enter into technology transfer activities is their inability to measure the potential returns from the activities, given that the services are expending their own research and development resources to manage the transfer. The purpose of this paper is to provide a framework to develop a model to estimate the return on investment for individual technology transfer projects.

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Air Force Institute of Technology
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