An Analysis of Successful Commercialization of Federally Funded R & D Energy Technologies

An Analysis of Successful Commercialization of Federally Funded R & D Energy Technologies

Author: Gibson Esang Asuquo

Publisher:

Published: 2009

Total Pages: 184

ISBN-13: 9781109359268

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Several studies indicate that commercialization of federally funded R & D technologies to private sector remains low. In an extension of research demonstrating relative effectiveness of various technology-transfer mechanisms used by the Department of Energy (DOE) in transferring federally funded R & D technologies, this study quantitatively analyzed 52 Industrial Technology Program (ITP) funded R & D technologies, from 1993 through 2006, to understand commercialization success of DOE's funded R & D technologies, based on the correlative significance between independent variables (R & D durations and levels of funding) and dependent variable (technology commercialization output). No statistically significant linear relationship was found between the studied variables. the R2 (the coefficient of multiple determination) value indicates that only three percent (0.03) of the change in the output of commercialized technologies can be explained by the change in the two independent variables. the results of this study have led to an important conclusion that the research, development, and deployment (RD & D) of federally funded energy technologies is complex and a non-linear process. the problem requires a consideration of other factors and a research design that can accommodate the complexity involved. However, as determined by this study, the ITP technology commercialization output (success rate) of 22% is nearly two times as high as the 14% Booz-Allen estimate for the rest of U.S. industry. A quantitative research (such as this study) that attempts to understand the relative significance of correlational relationship between R & D variables appears to offer insufficient explanations as to why the federal government is not getting high technology commercialization output from its dollar investments in R & D. Some qualitative research approaches could move this important research to the next level in the future. Further research in this area should focus on causal effects between R & D variables. the study should attempt to identify the effect that could be caused by an early involvement of angel investors, venture capitalists, and end-users of technologies during RD & D. Successful commercialization of energy technologies requires targeting the most promising innovations that may be jointly supported by public and private sector. A few suggestions on how to improve commercialization of federally funded R & D are outlined in Section 10.3 of this study.


From Lab to Market

From Lab to Market

Author: S.K. Kassicieh

Publisher: Springer Science & Business Media

Published: 2013-06-29

Total Pages: 325

ISBN-13: 148991143X

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The topic of this book, the commercialization of public-sector technology, continues to grow in importance in the United States and sirnilarsocieties. The issues involved are relevant to many roles including those of policy makers, managers, patent attorneys, licensing agents, and technical staff members of public technology sources. Institutions increasingly involved in the process include federal and other governmentallaboratories and their related agencies, public universities and their state governments, public and private transfer agents and, of course, all the private recipients of public technology. Scarcely a day goes by without a significant event related to technology transfer and commercialization. The popular business press is regularly carrying articles addressing the issues, explaining new initiatives and describing events of notable success or failure.[l] As an example of current important events, the Technology Reinvestment Project (TRP) is forrnu lating its initiatives totransfer public technology and promote technology-based publiclprivate partnerships as a collaboration between the Advanced Research Projects Agency (ARPA), the National Institute of Standards and Technology (NIST), the National Science Foundation (NSF) the National Aeronautics and Space Administration (NASA), and the Department of Energy, Defense Programs (DOE/DP).


Technology Transfer of Federally Funded R&D

Technology Transfer of Federally Funded R&D

Author: Mark Wang

Publisher: Rand Corporation

Published: 2003

Total Pages: 147

ISBN-13: 9780833033598

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This volume summarizes a conference held by RAND, at the request of the President's Council of Advisors on Science and Technology, at which participants offered their perspectives on issues and best practices related to technology transfer.


Prospective Evaluation of Applied Energy Research and Development at DOE (Phase Two)

Prospective Evaluation of Applied Energy Research and Development at DOE (Phase Two)

Author: National Research Council

Publisher: National Academies Press

Published: 2007-08-17

Total Pages: 233

ISBN-13: 030910467X

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Since its inception in 1977 from an amalgam of federal authorities, the U.S. Department of Energy (DOE) has administered numerous programs aimed at developing applied energy technologies. In recent years, federal oversight of public expenditures has emphasized the integration of performance and budgeting. Notably, the Government Performance and Results Act (GPRA) was passed in 1993 in response to questions about the value and effectiveness of federal programs. GPRA and other mandates have led agencies to develop indicators of program performance and program outcomes. The development of indicators has been watched with keen interest by Congress, which has requested of the National Research Council (NRC) a series of reports using quantitative indicators to evaluate the effectiveness of applied energy research and development (R&D). The first such report took a retrospective view of the first 3 years of DOE R&D programs on fossil energy and energy efficiency. The report found that DOE-sponsored research had netted large commercial successes, such as advanced refrigerator compressors, electronic lighting ballasts, and emission control technology for flue gas desulfurization. However, some programs were judged to be costly failures in which large R&D expenditures did not result in a commercial energy technology. A follow-up NRC committee was assigned the task of adapting the methodology to the assessment of the future payoff of continuing programs. Evaluating the outcome of R&D expenditures requires an analysis of program costs and benefits. Doing so is not a trivial matter. First, the analysis of costs and benefits must reflect the full range of public benefits that are envisioned, accounting for environmental and energy security impacts as well as economic effects. Second, the analysis must consider how likely the research is to succeed and how valuable the research will be if successful. Finally, the analysis must consider what might happen if the government did not support the project: Would some non-DOE entity undertake it or an equivalent activity that would produce some or all of the benefits of government involvement? This second report continues to investigate the development and use of R&D outcome indicators and applies the benefits evaluation methodology to six DOE R&D activities. It provides further definition for the development of indicators for environmental and security benefits and refines the evaluation process based on its experience with the six DOE R&D case studies.


Technology Transfer and US Public Sector Innovation

Technology Transfer and US Public Sector Innovation

Author: Albert N. Link

Publisher: Edward Elgar Publishing

Published: 2020-01-31

Total Pages: 176

ISBN-13: 1788976568

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Technology Transfer and US Public Sector Innovation provides an overview of US technology policies that are the genesis for observed technology transfer activities. By describing the technology transfer process from US federal laboratories and other public sector organizations, this exploration informs the reader in detail of how the transfer process behaves and the social benefits associated with it.


The Government's Role in the Commercialization of New Technologies: Lessons for Space Policy

The Government's Role in the Commercialization of New Technologies: Lessons for Space Policy

Author: Nancy L. Rose

Publisher: Sagwan Press

Published: 2018-02-07

Total Pages: 76

ISBN-13: 9781376999662

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This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.


The Government's Role in the Commercialization of New Technologies

The Government's Role in the Commercialization of New Technologies

Author: Nancy L. Rose

Publisher: Forgotten Books

Published: 2018-01-13

Total Pages: 74

ISBN-13: 9780483040564

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Excerpt from The Government's Role in the Commercialization of New Technologies: Lessons for Space Policy Private sector interest in emerging space technologies has grown rapidly during recent years. This has been accompanied by an increased government emphasis on commercialization of these technologies. However, the transition from a virtual government space monopoly to viable private Space industries is by no means inevitable. Many advocates of government support for commercialization efforts have argued that a number of obstacles, including the high capital costs associated with some space commercialization projects, the potential breakdown of private investment incentives if successful ventures can be easily imitated, and government regulatory policy, may retard private participation in space ventures. Many of the issues that are prominent in discussions of space policy also arose during debates over alternative energy sources, nuclear power, communication satellites, the development of commercial aircraft-even the construction of a transcontinental railroad. This paper draws upon the history of technology development in three of these industries to assess the importance of obstacles to commercialization and to evaluate the success of earlier government policies. The lessons drawn from these case studies suggest caution in extending government support for commercialization of space technologies. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.