Project evaluation: Externalities must not be disregarded |
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| Authors: | Beno Zaidman Guido Cevidalli |
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| Affiliation: | Casaii Institute of Applied Chemistry, School of Applied Science and Technology, The Hebrew University of Jerusalem, 91904 Jerusalem, Israel |
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| Abstract: | While technology assessment is now usually performed at government level, methods proposed in the literature for evaluating single R and D projects by industrial concerns do not generally dedicate sufficient attention to possible externalities.
The authors propose a model for evaluating R and D projects based on the concept of 'limiting constraints' imposed by the different organizations or groups of interest with which the company interfaces. |
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