Stevenson–Wydler Technology Innovation Act Of 1980
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Stevenson–Wydler Technology Innovation Act Of 1980
The Stevenson–Wydler Technology Innovation Act of 1980 (Pub.L. 96–480) (94 Stat. 2311) was the first major U.S. technology transfer law. It required federal laboratories to actively participate in and budget for technology transfer activities. The Stevenson–Wydler Technology Innovation Act was signed into law by U.S. President Jimmy Carter on October 21, 1980. The Stevenson–Wydler Act specifies, that inventors at government laboratories receive the first $2,000 of royalties each year plus 15% of any additional royalties. Such details are in contrast with the Bayh–Dole Act, which leaves up to the universities the decision how to split the revenue between the inventors and the institution. Background The Act made it easier for federal laboratories to transfer technology to nonfederal entities and provided outside organizations with a means for accessing federal laboratory technologies. The primary focus of the Stevenson–Wydler Act was to disseminate information from t ...
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Commerce And Trade
Commerce is the organized system of activities, functions, procedures and institutions that directly or indirectly contribute to the smooth, unhindered large-scale exchange (distribution through transactional processes) of goods, services, and other things of value at the right time, place, quantity, quality and price through various channels among the original producers and the final consumers within local, regional, national or international economies. The diversity in the distribution of natural resources, differences of human needs and wants, and division of labour along with comparative advantage are the principal factors that give rise to commercial exchanges. Commerce consists of trade and aids to trade (i.e. auxiliary commercial services) taking place along the entire supply chain. Trade is the exchange of goods (including raw materials, intermediate and finished goods) and services between buyers and sellers in return for an agreed-upon price at traditional (or onli ...
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Office Of Research And Technology Applications
The Office of Research and Technology Applications (ORTA) is an organizational structure established in United States federal laboratories through the Stevenson-Wydler Technology Innovation Act of 1980 (P.L. 96-480), specified in 15 USC § 3710. The acronym "ORTA" has evolved to refer to those who perform the functions of the ORTA organization. By law, the ORTA must be staffed by at least one full-time person in any laboratory with 200 or more scientific, engineering, or related technical positions, in order to coordinate and promote technology transfer. Functions According to 15 USC § 3710, the ORTA's function is to: *Prepare application assessments for selected research and development projects in which that laboratory is engaged and which in the opinion of the laboratory may have potential commercial applications; *Provide and disseminate information on federally owned or originated products, processes, and services having potential application to State and local governments ...
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United States Government Publishing Office
The United States Government Publishing Office (USGPO or GPO), formerly the United States Government Printing Office, is an agency of the legislative branch of the United States federal government. The office produces and distributes information products and services for all three branches of the Federal Government, including U.S. passports for the Department of State as well as the official publications of the Supreme Court, the Congress, the Executive Office of the President, executive departments, and independent agencies. An act of Congress changed the office's name to its current form in 2014. History Establishment of the Government Printing Office The Government Printing Office was created by congressional joint resolution () on June 23, 1860. It began operations March 4, 1861, with 350 employees and reached a peak employment of 8,500 in 1972. The agency began transformation to computer technology in the 1980s; along with the gradual replacement of paper with el ...
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Educational Technology
Educational technology (commonly abbreviated as edutech, or edtech) is the combined use of computer hardware, software, and Education sciences, educational theory and practice to facilitate learning and teaching. When referred to with its abbreviation, "EdTech", it often refers to the industry of companies that create educational technology. In ''EdTech Inc.: Selling, Automating and Globalizing Higher Education in the Digital Age'', Tanner Mirrlees and Shahid Alvi (2019) argue "EdTech is no exception to industry ownership and market rules" and "define the EdTech industries as all the Privately held company, privately owned companies currently involved in the financing, production and distribution of commercial hardware, software, cultural goods, services and platforms for the educational market with the goal of turning a profit. Many of these companies are US-based and rapidly expanding into educational markets across North America, and increasingly growing all over the world." ...
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