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Commentary No. 536 February 2019 Financial Services and Regulation he C.D. Howe Institute's reputation for quality, integrity and nonpartisanship is its chief asset. Its books, Commentaries and E-Briefs undergo a rigorous two-stage review by internal staf, and by outside academics and independent experts. he Institute publishes only studies that meet its standards for analytical soundness, factual accuracy and policy relevance. It subjects its review and publication process to an annual audit by external experts. As a registered Canadian charity, the C.D. Howe Institute accepts donations to further its mission from individuals, private and public organizations, and charitable foundations. It accepts no donation that stipulates a predetermined result or otherwise inhibits the independence of its staf and authors. he Institute requires that its authors disclose any actual or potential conlicts of interest of which they are aware. Institute staf members are subject to a strict conlict of interest policy. C.D. Howe Institute staf and authors provide policy research and commentary on a non-exclusive basis. No Institute publication or statement will endorse any political party, elected oicial or candidate for elected oice. he views expressed are those of the author(s). he Institute does not take corporate positions on policy matters.

A review of R&D evaluation outlines six approaches: strategic audits, constituency reviews, peer reviews, cost-benefit analyses, organizational assessments, and bibliometric indicators. To study the quality of research outputs, the authors present a comparative research plan combining peer reviews, bibliometric indicators, and organizational assessments. They provide results of peer reviews, bibliometric analyses, and organizational assessments. Using data collected from 53 laboratories around the world, they advance a taxonomy of laboratories as an additional guide to the selection of appropriate criteria for R&D performance evaluation. A clustering technique identifies six unique types or profiles of laboratories: regulation/control, project management, science frontier, service, devices, and survey.

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