A high-profile claim that the Human Genome Project and associated research generated almost US$800 billion in economic benefits has been questioned by economists.
The estimate comes from the Battelle Memorial Institute, headquartered in Columbus, Ohio. A team of researchers used an 'input–output' economic model to calculate a 141-fold return on each dollar invested in the Human Genome Project. The team's report concludes that a $3.8-billion federal investment (equivalent to $5.6 billion in 2010 dollars) produced $796 billion in economic output between 1988 and 2010 and, in 2010 alone, supported 310,000 jobs.
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