Innovation Report: Streamlining Processes for US Businesses and Universities
This act mandates a government report on how current regulations affect the ability of businesses and universities to develop new inventions. The goal is to improve public-private partnerships, potentially leading to faster market introduction of innovations and increased competitiveness. Citizens may benefit from easier access to new technologies and products.
Key points
The government will study why some federally funded inventions are not pursued by contractors.
The report will assess how current invention disclosure rules impact the competitiveness of US businesses, especially against foreign rivals.
Difficulties faced by contractors and universities in the invention disclosure process, including issues with IT systems, will be examined.
The aim is to simplify procedures and enhance collaboration between the government and innovators, potentially accelerating new technology development.
Status:
Expired
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