Enhancing Technology Commercialization through SBIR/STTR Reform
Post-World War II era U.S. science, technology, and innovation policy has been defined by a linear approach to public investment in basic research. For many decades, this policy worked because the United States was one of the few countries with the technological capabilities to translate research into new products and services. But in today’s intensely competitive global economy where nations are fiercely competing for innovation advantage, this paradigm is no longer tenable. Robust public investments in basic research remain critical, but equally as important are investments and institutional reforms to commercialize new ideas from the laboratory into the marketplace.
To advance the debate on potential policy reforms, the House Technology Transfer Caucus, Co-Chairs Rep. Gus Bilirakis (R-FL) and Rep. Ben Ray Luján (D-NM), th