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Thomas Peterson, Lesa Mitchell, W. Mark Crowell, Wayne Watkins, Keith Crandell, and Neil Kane were witnesses testifying to the Subcommittee on Research and Science Education. Source: House Committee on Science and Technology.(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

Contacts:

Ben Branham, 212-704-4577, This email address is being protected from spambots. You need JavaScript enabled to view it., Edelman
Barbara Pruitt, 816-932-1288, This email address is being protected from spambots. You need JavaScript enabled to view it., Kauffman Foundation