TITLE

Health research: measuring the social, health and economic benefits

AUTHOR(S)
Frank, Cyril; Nason, Edward
PUB. DATE
March 2009
SOURCE
CMAJ: Canadian Medical Association Journal;3/4/2009 Doctor's Health Matters, Vol. 180, p528
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article discusses a practical method developed by the Canadian Academy of Health Sciences for measuring return on investments in health researches. It examines the two common approaches "top-down" econometric calculation and "bottom-up" approach used to define return on investment and relates how result validation issues on both methods are overcame in the framework given by the academy. The new model integrates the advantages of the bottom-up and considers impact occurrence that can be tracked along five categories in a particular health research area. It emphasizes that collaboration among funders is needed to ensure the new framework's cost-effective implementation to quantify return on investment.
ACCESSION #
37278495

 

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