Knowledge, innovation, entrepreneurship: the ingredients of economic development.

Our contribution: careful analysis, global perspective, feasible projects


Exploring Cost-Benefit Analysis of RDI

February 2016, 

The paper “Exploring Cost-Benefit Analysis of Research, Development and Innovation Infrastructures: An Evaluation Framework” authored by Florio,M., Forte,S., Pancotti, C., Sirtori, E. and Vignetti, S. is now available. It presents the results and the lessons learned on how to apply ex-ante CBA for major RDI infrastructures gathered during a three-year research project supported by a EIBURS grant of the European Invest-ment Bank Institute.

In a nutshell, the model presented breaks down benefits into two broad classes: i) use benefits, held by different categories of infrastructure’s users such as scientists, firms, students and general public visitors, and ii) non-use benefits, denoting the social value for the discovery poten-tial of the RDI infrastructure regardless of its actual or future use.

The model has been applied on two cases in physics involving particle accelera-tors (the Large Hadron Collider (LHC) at CERN and the National Centre for Oncological Treatment (CNAO) in Italy.

Click here to read the full paper.