Quantification of CERN's economic spin-off

This is a condensed version of the CERN report Economic Ufility Resulting from CERN Contracts by the saine authors, which attempts to quantify the economic benefit to high technology manufacturing industries involved in CERN contracts, in relation to their sales to CERN. It covers the period 1973--87 and complements an earlier study ruade in 1973--75. Interviews were carriœ out in 166 European firms, of which the majority supplied estimates of increased sales and cost savings due to CERN contracts. This "Economic Utility" totals 3107 million Swiss francs (up to the year 1987) compared to sales to CERN in 1973--82 amounting to 748 million Swiss francs in 1982 prices. It is estimated that, by 1987, CERN's high technology purchases made in 1973--82 will have generated Economic Utility amounting to about 60~ of the overall cost of the Organization during the same period.