Federal Technology Transfer Act
Cooperative research agreements based upon the Federal Technology Transfer Act of 1986 are the principal means of aiding the private sector. This Act provides the legal basis for and encourages shared use of Government facilities and resources with the private sector in advanced telecommunications technologies. These partnerships aid in the commercialization of new products and services.
The movement of technology from the federal laboratories to industry and to state and local governments is achieved through technology transfer. Technology transfer is a process by which technology developed in one organization, in one area, or for one purpose is applied in another organization, in another area, or for another purpose.
Read more about this topic: Institute For Telecommunication Sciences
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