The federal government invests approximately $150 billion each year in R&D conducted at federal laboratories, universities, and other research organizations. For the United States to maintain its position as the global leader in innovation, bring products to market more quickly, grow the economy, and maintain a strong national security innovation base, the President’s Management Agenda includes the Lab-to-Market Cross-Agency Priority (CAP) goal to improve the transfer of federally-funded R&D from discoveries in the lab to impact on the marketplace.
The National Academy of Science, Engineering & Medicine (NASEM) Government-University-Industry Research Roundtable (GUIRR) will host a webinar on October 24th at 1:00 pm ET to discuss recent actions across the federal government to accelerate innovation from lab to market. Co-led by the White House Office of Science and Technology Policy (OSTP) and the National Institute of Standards and Technology (NIST), agencies across the Federal government are coordinating to accelerate innovation through five key strategies:
1. Reduce regulatory impediments and administrative barriers in Federal technology transfer policies and practices.
2. Increase engagement with private sector technology development experts and investors.
3. Build a more entrepreneurial R&D workforce.
4. Support innovative tools and services for technology transfer.
5. Improve understanding of global science and technology trends and benchmarks.