| By the end of its seven-year term in 2007-08, the Australian Sheep Industry CRC (Sheep CRC) will have received total funds of about $90 million, that comprises Commonwealth and industry funding of $30 million, and in-kind contributions valued at $60 million. This level of public and private funding emphasises the need for the Sheep CRC to demonstrate that its research programs will generate sound economic returns to all stakeholders. This paper reports an evaluation of the potential economic value of the achievements of the Sheep CRC at the midpoint of its term of operations at which it has some completed research and a large volume of research in progress. The main question that has been addressed in this evaluation concerns the nature and likely... |
