Appraisal of research projects for assistance by financial institutions
Abstract
The study reviews the evaluation approaches that have been selected and recommends an appropriate evaluation procedure. The main focus is on selection and evaluation of a project, project control is only mentioned in passing. Besides most of the examples are from the US since Indian experience is very limited. Major findings of the project were: some types of projects are more successful than others, the evaluation of a project cannot be totally quantified, there are reliable methods to select industry where research effort is needed.
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