National Technology Transfer and Advancement Act
Learn about National Technology Transfer and Advancement Act
topic at defaultLogic. defaultLogic
provides comprehensive technology and business learning resources.
The National Technology Transfer and Advancement Act (NTTAA; United States Public Law 104-113) was signed into law March 7, 1996. The Act amended several existing acts and mandated new directions for federal agencies with the purpose of:
- bringing technology and industrial innovation to market more quickly
- encouraging cooperative research and development between business and the federal government by providing access to federal laboratories
- making it easier for businesses to obtain exclusive licenses to technology and inventions that result from cooperative research with the federal government
The Act made a direct impact on the development of new industrial and technology standards by requiring that all Federal agencies use cooperatively developed standards, particularly those developed by standards developing organizations.