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Measuring Performance: The Advanced Technology Program and Private-Sector Funding

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Report Type Reports and Testimonies
Report Date Jan. 11, 1996
Report No. RCED-96-47
Subject
Summary:

The Advanced Technology Program, which is run by the National Institute of Standards and Technology, seeks to provide support on a cost-sharing basis for industrial research and development projects--projects that have a significant potential for stimulating economic growth and improving the competitiveness of U.S. industry. Federal funding for the program has soared, from $68 million in fiscal year 1993 to $341 million in fiscal year 1995. Recent budget proposals, however, have sought to eliminate funding for the program in fiscal year 1996. GAO's survey of program applicants found that the program funds both projects that would have been funded in its absence and projects that would not have been funded. In addition, the program achieves other goals, such as aiding the formation of joint ventures and helping companies achieve research milestones faster. These results should be considered together when assessing the program's impact.

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