DocumentCode
1512057
Title
A study of economic utility resulting from CERN contracts
Author
Schmied, H.
Author_Institution
CERN, Strasbourg, France
Issue
4
fYear
1977
Firstpage
125
Lastpage
138
Abstract
The study attempts to quantify the technical and economic benefits to the manufacturing industries involved in CERN contracts in relation to the expenditures on CERN by its member states. Interviews were carried out in some 130 European firms, which supplied data on estimates of increased sales and decreased costs due to CERN contracts. This economic utility totals 1665 million Swiss francs (MSF) (up to the year 1978) compared with a sales value to CERN of 394 MSF. Utility/sales ratios range from 0.9 to 7.3 for application fields of cables, magnets, cooling systems, vacuum equipment, electronics, and steel; they are as high as 17.3 for computers and 31.6 for precision mechanics. Some 80 percent of the total reported utility results from sales to markets outside high-energy and nuclear physics, for example, railways, shipbuilding, refrigeration, power generation, and power distribution.
Keywords
economics; manufacture; CERN contracts; economic utility; manufacturing industries; Contracts; Economics; Europe; Industries; Interviews; Marketing and sales; Production;
fLanguage
English
Journal_Title
Engineering Management, IEEE Transactions on
Publisher
ieee
ISSN
0018-9391
Type
jour
DOI
10.1109/TEM.1977.6447257
Filename
6447257
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