2001 Tech Transfer Activities of Federal Agencies Examined
The federal laboratories and research facilities associated with nine federal agencies can serve as a treasure chest of technologies for commercialization, according to Intellectual Property: Federal Agency Efforts in Transferring and Reporting New Technology (GAO-03-47). The recent report by the General Accounting Office (GAO) discloses that in fiscal year 2001, nine federal agencies created 3,676 new inventions, issued 1,585 patents and received $74.5 million in licensing revenues.