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Technology Transfer at the U.S. National Institute of Standards and Technology (NIST)

Author

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  • Link, Al

    (University of North Carolina at Greensboro, Department of Economics)

Abstract

This paper analyzes the inter-relationship among technology transfer mechanisms using data specific to the U.S. National Institute of Standards and Technology (NIST). An overview of the history of NIST and U.S. policies that emphasize the economic importance of technology transfer are discussed. The empirical analysis focuses on NIST's investments in R&D and the cascading impact of those investments on new inventions disclosed, new patent applications, new patents issued, and the new patent licenses; and accounting for the effects of R&D on these three investments, an overall estimate of the R&D elasticity of new patent licenses is calculated to be 0.7976. The paper concludes with a policy-focused summary of the implications of the empirical findings, and a suggested roadmap for future research related to technology transfer from U.S. Federal laboratories.

Suggested Citation

  • Link, Al, 2019. "Technology Transfer at the U.S. National Institute of Standards and Technology (NIST)," UNCG Economics Working Papers 19-8, University of North Carolina at Greensboro, Department of Economics.
    • Handle: RePEc:ris:uncgec:2019_008
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    References listed on IDEAS

    as
    1. Albert N. Link & John T. Scott, 2019. "The economic benefits of technology transfer from U.S. federal laboratories," The Journal of Technology Transfer, Springer, vol. 44(5), pages 1416-1426, October.
    2. Dennis Patrick Leyden & Matthias Menter, 2018. "The legacy and promise of Vannevar Bush: rethinking the model of innovation and the role of public policy," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 27(3), pages 225-242, April.
    3. Leyden, Dennis Patrick & Link, Albert N., 2015. "Public Sector Entrepreneurship: U.S. Technology and Innovation Policy," OUP Catalogue, Oxford University Press, number 9780199313853.
    4. Tassey, Gregory, 2017. "The Roles and Impacts of Technical Standards on Economic Growth and Implications for Innovation Policy," Annals of Science and Technology Policy, now publishers, vol. 1(3), pages 215-316, September.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Albert N. Link, 2021. "Technology Transfer at U.S. Federal Laboratories: R&D Disclosures Patent Applications," International Studies in Entrepreneurship, in: Maribel Guerrero & David Urbano (ed.), Technology Transfer and Entrepreneurial Innovations, chapter 0, pages 45-58, Springer.
    2. Albert N Link, 2021. "Knowledge Transfers from Federally Funded Research and Development Centers," Science and Public Policy, Oxford University Press, vol. 48(4), pages 576-581.
    3. Patrick S. Roberts & Jon Schmid, 2022. "Government‐led innovation acceleration: Case studies of US federal government innovation and technology acceleration organizations," Review of Policy Research, Policy Studies Organization, vol. 39(3), pages 353-378, May.
    4. Albert N. Link & John T. Scott, 2021. "Technological change in the production of new scientific knowledge: a second look," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 30(4), pages 371-381, May.
    5. Chen, Kaihua & Zhang, Chao & Feng, Ze & Zhang, Yi & Ning, Lutao, 2022. "Technology transfer systems and modes of national research institutes: evidence from the Chinese academy of sciences," Research Policy, Elsevier, vol. 51(3).

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    More about this item

    Keywords

    technology transfer; federal laboratories; NIST; R&D; patents;
    All these keywords.

    JEL classification:

    • H40 - Public Economics - - Publicly Provided Goods - - - General
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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