Sunday, August 19, 2007

Use of Federally Funded Research and Development

RL33527 - Technology Transfer: Use of Federally Funded Research and Development
Abstract: The federal government spends approximately one third of its annual research and development budget1 for intramural R&D to meet mission requirements in over 700 government laboratories (including Federally Funded Research and Development Centers). The technology and expertise generated by this endeavor may have application beyond the immediate goals or intent of federally funded R&D. These applications can result from technology transfer, a process by which technology developed in one organization, in one area, or for one purpose is applied in another organization, in another area, or for another purpose. It is a way for the results of the federal R&D enterprise to be used to meet other national needs, including the economic growth that flows from new commercialization in the private sector; the government’s requirements for products and processes to operate effectively and efficiently; and the demand for increased goods and services at the state and local level.