Abstract: | The Saskatchewan Research Council has developed an economic and socio‐environmental impact audit process that enables research and technology organizations to use solid, verifiable data to provide a realistic indication of the direct impacts of their research and development work. For direct economic and jobs impacts, the audit methodology has high credibility because the data come directly from the clients, who are the direct users of the organization's services. For government research and technology organizations, these economic impact audit reports and the statistics they contain can be useful for communicating key performance indicators such as the mandate effectiveness, real‐world value, and economic return on government investment to all stakeholders. The same methodology could be easily adapted for governments, not‐for‐profits, or private‐sector companies that conduct, fund, or contract research and development. |