NIST Releases Findings on Increasing the Innovation Impacts of Federally Funded R&D
Written April 26, 2019
The Department of Commerce’s National Institute of Standards and Technology on April 24, 2019, announced 15 key findings from a final version of a new “green paper” on maximizing U.S. innovation from government-funded research.
The green paper serves as a discussion document that informs, but does not prescribe, policy decisions by the federal government. Incorporating feedback from industry, academic and government stakeholders, the report describes options for enhancing how federally funded inventions move from the laboratory to the marketplace.
“The United States has the best universities, research institutes and federal labs in the world, and we need modern approaches that work at the speed of business to get the most from their R&D outcomes,” said Secretary of Commerce Wilbur Ross.
The green paper serves as a discussion document that informs, but does not prescribe, policy decisions by the federal government. Incorporating feedback from industry, academic and government stakeholders, the report describes options for enhancing how federally funded inventions move from the laboratory to the marketplace.
“The United States has the best universities, research institutes and federal labs in the world, and we need modern approaches that work at the speed of business to get the most from their R&D outcomes,” said Secretary of Commerce Wilbur Ross.