unitex@rubbs.fidonet.org (unitex) (10/03/89)
STUDY IDENTIFIES ECONOMIC BENEFITS FROM NASA TECHNOLOGY SPINOFFS Posting Date: 09/30/89 UNITEX Network, USA ISSN: 1043-7932 A study examining in detail some 250 commercial uses of NASA- furnished technology has identified estimated economic benefits totalling nearly $22 billion in sales revenues and cost savings and an employment impact of more than 350,000 jobs. The study, entitled An Exploration of Benefits From NASA "Spinoff," was conducted for NASA by the Chapman Research Group, Inc., under contract to NERAC, Inc., a NASA Industrial Application Center located in Tolland, Conn. More than 400 companies were contacted to research the economic benefits derived from NASA-developed or provided technology in terms of sales revenues and cost savings, generation of jobs and contributions in federal corporate income taxes. NASA's annual Spinoffs report, first published in 1976, provided the source of the cases studied. Based on discussions with the firms that used the NASA technology, researchers identified 259 cases where the contribution of the technology to sales or cost savings was quantifiable. In these cases, the technology spinoff resulted in or contributed to sales of $21.3 billion and realized savings of more than $315 million. These commercial applications also produced an estimated $356 million in federal corporate income taxes. The cases, all reported between 1978 and 1986, studied in this research represent only a small portion of the thousands of applications of NASA technology. A follow-on study, currently in process, will attempt to estimate the full impact of the estimated 20,000 to 30,000 NASA technology applications. Copies of the report may be obtained by writing the NASA Scientific and Technical Information Facility, P.O. Box 8757, Baltimore, Md., 21240. * Origin: UNITEX --> Toward a United Species (1:107/501) --- Patt Haring | United Nations | FAX: 212-787-1726 patth@sci.ccny.cuny.edu | Information | BBS: 201-795-0733 patth@ccnysci.BITNET | Transfer Exchange | (3/12/24/9600 Baud) -=- Every child smiles in the same language. -=-