(WASHINGTON) June 10, 2010 – Chairman Lipinski and Members of the Subcommittee, thank you for this opportunity to testify before the Subcommittee focused on the role that improving technology commercialization of government-funded research can play in driving economic growth and job creation. If there is a silver lining to the economic crisis our country now faces, it is that policymakers and academics, as well as citizens, are now paying tremendous attention to job creation and economic growth. For far too long, the sources of job creation have been taken for granted. The Ewing Marion Kauffman Foundation has been interested in economic growth through the mechanisms of innovation and firm formation, and we welcome the renewed focus on these issues generally, as well as the more narrowly focused conversation we will have today on technology commercialization.
In my testimony today, I will highlight three main policy proposals and
review the Kauffman Foundation's current thinking on best practices in
technology commercialization. First, we call for an increase in the
transparency of research resulting from federal funding through the
creation of an "Innovation Exchange." Second, we encourage federal
agencies funding research to become more involved with driving
university-specific improvements in technology commercialization. Third,
we call for an increase in funding allocations for proof-of-concept
centers and commercialization education programs through federal
agencies funding research.
To read the full, original article click on this link: Prepared Testimony Available Now of Lesa Mitchell, Vice President of Advancing Innovation, Before House Committee on Science and Technology Subcommittee on Research and Science Education
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Kauffman Foundation