Federal Technology Transfer Act Of 1986
The United States Federal Technology Transfer Act of 1986 (P.L. 99-502) was, after the Stevenson-Wydler Technology Innovation Act of 1980, the second major piece of legislation focused on technology transfer from federal government agencies to the commercial sector. The act established the Federal Laboratory Consortium and enabled federal laboratories to enter into Cooperative Research and Development Agreements (CRADAs) and to negotiate licenses for patented inventions made at the laboratory. Follow up legislation The 'Small Business Technology Transfer Act of 1992' was enacted to increase opportunities for small businesses and non profit organizations to collaborate with federal research laboratories. Agencies with a more than $1 billion extramural research and development budget must reserve 0.3% of their extramural research budget for Small Business Technology Transfer (STTR) awards. In parallel, in December 1992, the related 'Small Business Research and Development Enhanceme ...
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