NIST Releases Green Paper on Enhancing Federal R&D Innovation Impact
The National Institute of Standards and Technology (NIST) has published a new “green paper” as part of its Return on Investment Initiative for Unleashing American Innovation. This document outlines findings on how to improve the effectiveness of federal technology transfer policies and practices.
Key points from the green paper include:
– Modernizing approaches to align with the speed of business and provide greater flexibility
– Streamlining processes and agency authorities to facilitate private sector and academic partnerships with the government
– Partnering with 140 representatives from various stakeholders, including the National Science and Technology Council’s Lab-to-Market Subcommittee and the Federal Laboratory Consortium’s Executive Board
The green paper aims to inform future policy decisions and does not prescribe any legislative changes to the Bayh-Dole Act. Notable stakeholder input suggests that clarifying march-in rights and government use license provisions could be beneficial. These rights allow the government to grant licenses to other entities in certain limited circumstances, and the green paper discusses potential improvements to enhance innovation effectiveness. Many of these issues fall within the shared responsibilities of other agencies and departments.
Keywords: Quantum Computing, Algorithms, Quantum Cryptography