National Institute of Standards and Technology to Review Federal Technology Transfer Efforts
The National Institute of Standards and Technology (NIST) is embarking on an initiative to review Federal technology transfer efforts to see if there is a way to get a greater “Return on Investment” (ROI) from the Federal Government’s Research and Development investments. NIST is working in conjunction with the private sector and other partners to identify gaps and room for improvement in these technology transfer efforts.
The goal if the initiative is to pare down the current technology transfer process and attract greater private sector investment for innovative new products and services that will create a more efficient system overall.
NIST is preparing to release a request for information on the topic, followed by three public forums in March/April. For more information on the ROI initiative, click here: https://www.nist.gov/tpo/return-investment-roi-initiative