Tuesday, April 27, 2010

Federal Revenues From Technology Licenses Soars to $170.9 Million, a 71.7% Increase

The National Institute of Standards and Technology (NIST) released the annual technology transfer report to the President and the Congress. The report highlights the achievements of federal technology transfer and partnership programs at 11 federal agencies that conduct research and development. In addition to performance metrics for a five-year period, the report features anecdotes that demonstrate how investment in research and development improves the lives of American citizens and spurs the development of new products.

Technology transfer is an essential mission of federal laboratories that leverages the creative intellectual capital of government scientists and the nation’s investments in science and technology to strengthen the American economy and the nation’s ability to compete in world markets.

The statistical data provided in this report are a snapshot of the level of activity at federal labs. Overall, the data indicate that licenses and license income trended upward between 2004 and 2008. The number of licenses jumped to 11,098, an increase of 46.6 percent, and the number of income bearing licenses increased to 6,444, a 35 percent rise. From fiscal year 2004 through fiscal year 2008, federal revenues from these licenses grew to $170.9 million, a 71.7 percent jump, and total earned royalty income reached $117.6 million, a 121.5 percent gain. The total number of patent applications submitted by internal research programs among the 11 agencies rose to 1,938, an increase of 9.6 percent.

These patents represent new ideas and products that are ready to move to the commercial sector and support economic growth.

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