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
Link To Document :
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