Thomas, D.
and Kandaswamy, A.
(2019),
Economic Guide for Identifying and Evaluating Industry Research Investments: A Focus on Applied Manufacturing Research, Advanced Manufacturing Series (NIST AMS), National Institute of Standards and Technology, Gaithersburg, MD, [online], https://doi.org/10.6028/NIST.AMS.200-8
(Accessed October 10, 2025)
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Economic Guide for Identifying and Evaluating Industry Research Investments: A Focus on Applied Manufacturing Research
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Abstract
This guide was assembled to aid change agents, such as research and trade organizations, in evaluating potential research and development investments in the manufacturing industry. It includes an overview of the primary methods used for evaluating investments in manufacturing technologies along with tailoring methods for change agent investments. The process presented in this guide has 5 steps with each step having a section of the guide dedicated to it.Citation
Advanced Manufacturing Series (NIST AMS) - 200-8
Report Number
200-8
NIST Pub Series
Pub Type
NIST Pubs
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Keywords
public research, investment analysis, manufacturing, technology, research and development, return on investment, investment analysis, net present value, economic analysis, internal rate of return, trade organization, change agent
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Created December 3, 2019, Updated June 24, 2021