Abstract
The United States Government policy indicates maximising Return On Investment (ROI) on R&D as a fundamental reason for technology transfer. Under public laws, federal agencies, are required to spend 0.5/ of their overall budget on technology transfer. Since no models exist to evaluate transfer ROI, this paper presents a framework for such a model. Individual Cooperative Research and Development Agreements (CRDAs) between the Air Force Research Laboratory (AFRL) and private firms are analysed using the model proposed, using objective and subjective measures. Sensitivity analysis is used to identify the best CRDA choice over a range of parameter values.