8: Technology Transfer & Commercialization

Increase technology transfer and the commercialization of knowledge from universities and federal laboratories.

Other Information:

We need to increase technology transfer and the commercialization of knowledge from universities and federal laboratories so that public and private investments translate into jobs and economic activity as well as better health, security, and well-being. -- One of the most important policy questions about innovation is how the nation can extract the maximum social benefit from its investments in research and development. The absolute level of R&D investments in the U.S. is by far the largest among all industrialized nations, exceeding $402 billion. Private industry remains the major funder of research and development, contributing to 62 percent of the national total. The public sector is the second major investor in R&D, contributing about 31 percent of the total. The commitment of government is even higher when looking only at research; in fact, 53 percent of the $40 billion invested in basic science is funded with tax-dollars.

Stakeholder(s):

• Universities


• Federal Laboratories

Objective(s):

8.1: Productivity, Jobs & Economic Activity

8.2: Public Interest

8.3: Federal Research Public Access Act

8.4: Bayh-Dole Ac

8.5: Executive Order

8.6: Competititve Modes

8.7: Metrics

Content