Abstract

The Canadian Networks of Centres of Excellence (NCE) program links researchers at many universities across the country to work on joint projects. Each individual network actively supports collaborative, networked research, with dozens or hundreds of researchers working in a common area. Each network also formally manages its research, technology transfer, networking, training, and so on. The impacts of the programs unique design on research, training, and achieving socio-economic impacts were of great interest, resulting in a series of studies being undertaken to evaluate the programs success. One of the methods used to evaluate NCE was partial benefit/cost (B/C) analysis. Although there are often serious difficulties in using economic analysis to review research programs, in the case of NCE it was very successful—NCE was found to have a small positive Net Present Value on the basis of the benefits from just nine big winner projects. The results are considered highly defensible and a number of lessons are drawn regarding how B/C can be employed.

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