By P. Linquiti
The general public area R&D company combines a primer on how executive R&D courses truly paintings with a cosmopolitan method for prospectively placing a buck determine at the worth of R&D investments ahead of they're made.
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Additional resources for The Public Sector R&D Enterprise: A New Approach to Portfolio Valuation
Sample text
The fourth key activity is project execution and management during which the research is conducted by the proposal team. The role of the government in the day-to-day project execution depends on the legal arrangements specified in the solicitation. A grant award is the most hands-off arrangement; under the typical grant, government/researcher interactions may be limited to annual reports (or to an annual meeting of grantees) and a final report. This approach reflects the relevant statutory requirement that, under a grant, there should be no “substantial involvement” between the agency and the grantee (31 USC 6304).
Congress, 1992). S. Congress, 2007b). A second way in which Congressional legislation directly affects the operations of a specific R&D program is through the appropriations process. Appropriations authorize the use of taxpayer funds from the Treasury to pay not only for Federal salaries and facilities, but also for the transfer of funds to non-Federal program participants. Legislative appropriations often include statutory language, or are accompanied by Congressional reports, that give further instructions on how the monies are to be spent.
This process is sometimes referred to as technology road-mapping. Funding announcements may then seek proposals for specific components of the technology roadmap. In other cases, considerable discretion is left to individual proposers to decide the technical area to be addressed and the methods to be applied. Solicitations also describe the legal arrangements—typically a grant, cooperative agreement, or contract—that will guide the research project, as well as the types of entities that may submit a proposal.