| Title | Goal Oriented Funding for Geothermal Exploration R&D |
|---|---|
| Authors | Dhillon, H.; El-Sawy, A.; Ball, L. |
| Year | 1979 |
| Conference | Geothermal Resources Council Transactions |
| Keywords | Economics; R & D Goals; Benefit; Cost; Budget; Federal R & D; Method; Level R & D; Discounted Present Value; US DOE |
| Abstract | This paper presents a methodology for R&D budgeting based on targeted goals for improvement and their expected benefits. The level of R&D funding is determined by estimating the discounted present worth of the targeted improvement, and a suitable value of benefit/cost ration for the R&D activities. |