Accession Number:

AD0726678

Title:

Allocation of Resources for Basic Research in a Mission Oriented Governmental Agency

Descriptive Note:

Technical memo.

Corporate Author:

CASE WESTERN RESERVE UNIV CLEVELAND OHDEPT OF OPERATIONS RESEARCH

Report Date:

1968-08-01

Pagination or Media Count:

72.0

Abstract:

A study is made of the process by which basic research is funded in a mission-oriented agency of the federal government, with particular attention to the Office of Naval Research. To provide a ratonale for improved funding procedures, a model is developed to associate a value with a research portfolio. Two models are developed, the first in the case where funding is made on the basis of supporting science per se, the second corresponds to the case where funding is made on the basis of mission-relatedness. An optimum portfolio would maximize the combined value of mission oriented and science oriented research subject to budget and other constraints. Author

Subject Categories:

  • Administration and Management
  • Operations Research

Distribution Statement:

APPROVED FOR PUBLIC RELEASE