The White House has ordered agencies to speed up the rate of commercializing government-funded research and development to spurt business growth.
“This will be accomplished by committing each executive department and agency that conducts R&D to improve the results from its technology transfer and commercialization activities,” President Obama wrote in an Oct. 28memo. “The aim is to increase the successful outcomes of these activities significantly over the next five years, while simultaneously achieving excellence in our basic and mission focused research activities.”
The memo is part of the president’s “we can’t wait” initiative to bypass Congress in enacting elements of his jobs bill proposal by executive order rather than legislation, according to the White House press office.
A second memorandum calls for creating a new government Web portal, BusinessUSA, to provide exporting companies with information about federal programs.
via Government Computer News, continued here.