[misc.headlines.unitex] STUDY IDENTIFIES ECONOMIC BENEFITS FROM NASA TECHNOLOGY

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)


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