What is the effort to document the return on investment from federally funded research projects?

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The focus on documenting the return on investment from federally funded research projects is specifically addressed by STAR Metrics. This initiative aims to assess the impact of federally funded research by collecting and analyzing data regarding various outcomes, such as job creation, economic growth, and contributions to knowledge. STAR Metrics combines data from a variety of sources to provide a comprehensive view of the contributions of research projects, helping to clearly demonstrate the ROI for stakeholders, including policymakers and the public.

Science and Technology Indicators generally provide broader trends and patterns in research and development but do not specifically focus on the return on investment of individual federally funded projects. The Catalog of Federal Domestic Assistance (CFDA) provides a comprehensive listing of federal programs but does not specifically address ROI documentation efforts. The statement "None exist" is misleading as STAR Metrics unequivocally exists as a tool for this purpose. Therefore, the emphasis on STAR Metrics in this context makes it the appropriate and relevant choice.

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