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Research paper : Study of the top 70 NEDO Inside Products (M. YAMASHITA et al.)−85−Synthesiology - English edition Vol.8 No.2 (2015) TerminologiesTerm 1.Pre-tax profit rate: Net profit divided by net sales prior to tax deduction (See Financial Statements Statistics of Corporations by Industry, Ministry of Finances[27] (average 2004-2008 performance value)). Tax revenues from the investment of development expenses (cumulative total for 2010-2020) were estimated using the pre-tax profit rate (average 2004-2008 performance value of domestic manufacturers). Term 2.Personnel expense percentage: The percentage for manufacturing sectors. (See Financial Statements Statistics of Corporations by Industry, Ministry of Finances[27] (average 2004-2008 performance value)). Average income refers to the average income of manufacturing industry (sum of chemical, metal machining, textile, and others) based on Private Sector Wage Fact-Finding Survey, by National Tax Agency (average 2004 – 2008 performance value).References[1]H. Shiotani, N. Yasumatsu, Y. Shinoda and K. Ono: Development of the cost-benefit analysis methodology for FR cycle research and development, JNC Technical Review, 16, 93-104 (2002) (in Japanese).[2]K. Yanagisawa: “Evaluation of the value of nuclear energy, Proceedings of the Annual Conference of the Japan Society for Science Policy and Research Management, 27, 2F26 (2012) (in Japanese).[3]O. Kimura: How public R&D programs bring technology to the market: A case study of energy efficiency technology programs in thermal energy utilization, CRIEPI Research Report, Y07040 (2008) (in Japanese).[4]T. Nakayama and K. Tanaka: “Quantitative investigation of cost efficiency of R&D investment: Comparison of four prioritized areas and international comparison”, Proceedings of the Annual Conference of the Japan Society for Science Policy and Research Management, 2G13, 25, 848-852 (2010) (in Japanese).[5]S. Nagaoka, M. Eto, Y. Naito and N. Tsukada: The innovation process in government funded research consortia in Japan, The Economic Review, 62 (3), 253-269 (2011) (in Japanese).[6]Y. Aoshima, K. Matsushima and M. Eto: Results of publicly funded R&D: Study of follow-up survey of NEDO research projects, Frontier of Japanese Business Studies, Yurin-do, 7, 73-87 (2011) (in Japanese).[7]K. Matsushima: Effect of public funding on private R&D activities, Frontier of Japanese Business Studies, 7, 99-111 (2011) (in Japanese).[8]Y. Yasunaga and Y. Kudo: A study on cost-effectiveness analysis method of government R&D projects – Case study analysis of NEDO R&D project in electronic and information field, Proceedings of the Annual Conference of the Japan Society for Science Policy and Research Management, 19, 218-221 (2004) (in Japanese).[9]K. Kohmoto, J. Yoshida and M. Kishioka: Research on cost-benefit analysis of additionality of public R&D investment: Japan’s photovoltaic power R&D projects, Research Evaluation, 18 (5), 397-404 (2013).[10]S. Yumitori, T. Yano, S. Wakabayashi and K. Komoto: Investigation of outcome survey method for public funded R&D projects, Proceedings of the Annual Conference of the Japan Society for Science Policy and Research Management, 1C17, 21 (1) 127-130 (2006) (in Japanese).[11]R. Ruegg and G. B. Jordan: Guide for Conducting Benefit-Cost Evaluation of Realized Impacts of Public R&D Programs, Revised working draft, U.S. Department of Energy, (2011), http://www1.eere.energy.gov/analysis/pdfs/eere_b-c_guide_2011.pdf, Accessed 2014-07-25.[12]Y. Manabe, M. Yamashita, S. Shishido, K. Fukui, J. Yoshida, D. Yoshimura and M. Takeshita: A study on cost-effectiveness regarding NEDO projects – Outline of survey results for “NEDO Inside Products,” Proceedings of the Annual Conference of the Japan Society for Science Policy and Research Management, 2B15, 25, 391-394 (2010) (in Japanese).[13]Y. Yurugi, M. Yamashita and M. Takeshita: Research of economic and social benefits of “NEDO Inside Products” born from NEDO projects, Proceedings of the Annual Conference of the Japan Society for Science Policy and Research Management, 2F28, 27, 685-688 (2012) (in Japanese).[14]Y. Yurugi, M. Yamashita, N. Kimura and M. Takeshita: Research of impact evaluation of “70 NEDO Inside Products” born from NEDO projects, Proceedings of the Annual Conference of the Japan Society for Science Policy and Research Management, 1E07, 28, 173-177 (2013) (in Japanese).[15]NEDO: NEDO technology around us (NEDO Inside Products), http://www.nedo.go.jp/shortcut_result.html, accessed 2014-08-10 (in Japanese).[16]Y. Yurugi, M. Yamashita and M. Takeshita: Analysis of NEDO Inside Products born from medium to long term NEDO projects, Proceedings of the Annual Conference of the Japan Society for Science Policy and Research Management, 26, 790-793 (2011 in Japanese).[17]Mitsubishi Research Institute: Overview survey of NEDO Inside Products born from NEDO projects, FY 2011 Accomplishment Report, NEDO, (2014) (in Japanese).[18]Mitsubishi Research Institute: Systematic survey of NEDO Inside Products born from NEDO projects, FY 2012 Accomplishment Report, NEDO, (2013 in Japanese).[19]Cabinet Secretariat:Report of the Cost Investigation Committee (December 19, 2011), http://www.cas.go.jp/jp/seisaku/npu/policy09/pdf/20111221/hokoku.pdf, accessed 2014-08-10 (in Japanese).[20]METI: Census of Manufacturers, http://www.meti.go.jp/statistics/tyo/kougyo/, accessed 2014-08-10 (in Japanese).[21]METI: Cost for diffusion of renewable energy and specific effect of its diffusion, https://funtoshare.env.go.jp/roadmap/media/h21_2/ref07.pdf, accessed 2014-08-25 (in Japanese).[22]Energy Conservation and Renewable Energy Department, Agency for Natural Resources and Energy, METI: Resource material for 14th Feed-in-Tariff Committee (On the feed-in-tariff price for solar power generation in FY 2011), http://www.meti.go.jp/committee/summary/0004601/013_02_00.pdf, accessed 2014-08-25 (in Japanese).[23]Japan Refrigeration and Air Conditioning Industry Association: “Domestic shipment of refrigerators and air conditioners” and “Medium term demand projection for refrigerators and air conditioners”, http://www.jraia.or.jp/statistic/index.html, accessed 2014-08-25 (in Japanese).

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