Excerpt from Federal Government Technology Transfer and Commercialization Programs: Hearing Before the Subcommittee on Economic Growth and Credit Formation of the Committee on Banking, Finance and Urban Affairs, House of Representatives, One Hundred Third Congress, First Session, October 21, 1993 I should comment that the law changed in 1986, and prior to that, we were performing this kind of service for most Federal agencies. When the Technology Transfer Act of 1986 developed the basis for cooperative research and development agreements at indi vidual agencies, there was a decentralization that took place on patent and licensing. We do less work for some of the larger agencies like nist and nih than we did in the past, but we are now doing an increasing amount of work for some of the smaller agencies that have not really had patent licensing programs before. So this effort, al though there was a major change in 1986 because of the change in the law, this effort is really growing at ntis. Let me finish with a few comments that are intended to tie this together for you. I believe we really intend to think of technology transfer in terms of whether a Federal research project yields some kind of proverbial better mousetrap, and I think the simple fact is that historically much Federal technology has been developed for very narrow mission purposes and it is often at too early a stage, what we call proof of principle stage or prototype stage, to really have an easily identifiable commercial potential, or for that matter, to excite a corporate sponsor. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

This document is a transcript of a hearing before the Subcommittee on Economic Growth and Credit Formation of the Committee on Banking, Finance, and Urban Affairs of the United States House of Representatives. The hearing was held to discuss federal government programs for the transfer and commercialization of technology, and how these programs can be used to stimulate economic growth and job creation. The document includes testimony from a range of experts and stakeholders, and provides a detailed overview of the issues involved in technology transfer and commercialization. For anyone interested in the relationship between technology and economic development, this document is an essential resource. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.