The economic benefits of technology transfer from U.S. federal laboratories
- UNCG Author/Contributor (non-UNCG co-authors, if there are any, appear on document)
- Albert N. Link, Professor (Creator)
- Institution
- The University of North Carolina at Greensboro (UNCG )
- Web Site: http://library.uncg.edu/
Abstract: In this paper we review the legislative emphasis on technology transfers from U.S. federal laboratories, and we present a framework to describe how private sector firms benefit from the adoption of technologies from federal laboratories. We conclude that if a federal laboratory can provide the technology being transferred more efficiently than the private sector can develop it, there is a social gain from the federal laboratory doing so. The social gain will be realized in part by increased profits for the private firms using the technology and in part by consumers who have higher reservation prices for higher quality products and services and who pay lower prices because firms’ costs are lower.
The economic benefits of technology transfer from U.S. federal laboratories
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Created on 2/14/2022
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Additional Information
- Publication
- Journal of Technology Transfer 44, 1416–1426
- Language: English
- Date: 2019
- Keywords
- technology transfer, federal laboratories, R and D