The U.S. spends more than any other nation on R&D each year, investing more than $150 billion in federally funded R&D alone. In line with President Donald J. Trump’s Management Agenda, the Dept. of Commerce’s National Institute of Standards and Technology (NIST) released a paper, “Return on Investment Initiative,” that details steps to modernize technology transfer and innovation for the 21st Century. Actions outlined in paper would improve the returns on the taxpayer investment in R&D.
