Nov 09, 2011 (Commerce Department Documents and Publications/ContentWorks via COMTEX) -- Accelerating innovation is the key to creating more high-wage jobs. And the Commerce Department's National Institute of Standards and Technology (NIST) will play a significant role in helping federal labs and U.S. industry speed up the innovation process under a new Presidential Memorandum issued Oct. 28.
Through its existing role coordinating the Interagency Workgroup on Technology Transfer, NIST will help lead agencies with federal laboratories to develop plans that establish performance goals to increase the number and pace of effective technology transfer and commercialization activities in partnership with non-federal organizations. The group also will be responsible for recommending opportunities to improve technology transfer from federal labs and for refining how tech transfer is defined, to better capture data on all of the ways it happens.
To read the full, original article click on this link: NIST: Presidential Memorandum Outlines Commerce's Role in Speeding Tech Transfer
