Characterization of New and Defender Technologies
Martin, S. A., Winfield, D., Kenyon, A. E., Farris, J. R., & Bala, M. V. (1997). Characterization of New and Defender Technologies.
The National Institute of Standards and Technology’s (NIST’s)Advanced Technology Program (ATP) began in 1990 as a costsharingprogram to assist U.S. industry in pursuing high-risk,enabling technologies with significant commercial and economicpotential. The ATP conducts economic analysis for the purpose ofincreasing and measuring the short- and long-run impacts of thetechnology development projects it funds and for the programoverall.This project furthers ATP’s objectives for economic analysis byexamining the economic impact of ATP-funded projects in tissueengineering. These seven projects, described in Table 1-1,constitute a “virtual program” in tissue engineering. If successful,these projects will serve as platforms for developing many newtherapies to treat a variety of diseases and injuries. Thesetherapies lead to significant social returns by improving patientoutcomes, reducing the cost of medical care, or both. In addition,these technologies may bring significant private returns to ATPrecipients. Research Triangle Institute (RTI), under contract toNIST, is conducting economic analyses of ATP’s program intissue engineering.