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Economic Guide for Identifying and Evaluating Industry Research Investments: A Focus on Applied Manufacturing Research



Douglas S. Thomas, Anand M. Kandaswamy


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.
Advanced Manufacturing Series (NIST AMS) - 200-8
Report Number


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
Created December 4, 2019, Updated February 4, 2020