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DOC NIST report highlights success In Commerce’s technology transfer initiative

“2021 saw a large volume of technology transfer initiatives between federal agencies thanks to increased efforts by the Department of Commerce to better disseminate viable technological products from federal laboratories and control for gaps in the research and development space.

Outlined in a new report from the National Institute of Standards and Technology, technology transfer operations were present across at least three studied agencies: NIST, the National Oceanic and Atmospheric Administration, and the National Telecommunications and Information Administration’s Institute for Telecommunication Sciences…”

“’Technology transfer is a critical component of the DOC mission to create conditions for economic growth and opportunities for all communities,’ said Mojdeh Bahar, the associate director of innovation and industry services at NIST. ‘By transferring technologies to the commercial market, the DOC laboratories help drive U.S. economic competitiveness, strengthen domestic industry and spur job creation.’

Technology transfer refers to the programmatic projects in federal laboratories that ultimately yield technological products and services in the civilian U.S. market. Through Commerce’s Lab-to-Market program, agency leadership examined the efficiency of research and development within federal labs to help streamline technology to the U.S. economy…”

“’The report demonstrates that as technology advances and the economy changes, DOC federal laboratories play a critical role in providing the United States with a competitive advantage and bolstering the U.S. economy through the transfer and commercialization of innovative technologies,’ the report concludes. ‘Technology transfer is an essential DOC mission, and the report highlights how well the DOC labs are in position to be competitive in the global markets.’…” Read the full article here.

Source: NIST Report Documents Success In Commerce’s Technology Transfer Initiative – By Alexandra Kelley, May 11, 2022. Nextgov.


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