Administration Unveils Plans for Supporting Federal Technology Commercialization

摘要

Innovation has been a priority of the Obama administration, as evidenced by the President's proposal to establish of a network of 15 innovation manufacturing hubs, as well as a range of other initiatives. However, garnering the maximum return from the government's $130 billion annual R&D investment remains elusive-in part because federal research remains largely locked away in federal and university labs. The White House Office of Science and Technology Policy convened a Lab-to-Market Summit in May 2013 that came up with a collection of concrete recommendations for smoothing the flow of innovation from the federal labs to the open market. The administration responded to those suggestions in its 2015 budget proposal, which specifies investments to support commercialization of federally funded research.