NIST Seeks Public Input to Help Increase Return on Investment from Federal Research

GAITHERSBURG, Md.—U.S. economic growth and national security depend on the approximately $150 billion invested annually in federal research and development (R&D) funding. To ensure that investment reaps the largest commercial and economic returns possible, the U.S. Commerce Department’s National Institute of Standards and Technology (NIST) and the White House Office of Science and Technology Policy (OSTP) are co-leading the Lab-to-Market Cross Agency Priority goal, part of the recently released President’s Management Agenda. To accelerate these efforts, NIST has launched an initiative to improve federal technology transfer.