UIDP Webinar Recording: Implementation of the NIST ROI Green Paper Findings – What You Need to Know
In April 2019, the National Institute of Standards and Technology (NIST) announced the release of a Final Green Paper from its Return on Investment (ROI) Initiative for Unleashing American Innovation. This national goal aims to dramatically increase returns from the more than $150 billion per year of U.S. federal investment in research and development. The NIST ROI Green Paper provided a summary of private and public stakeholder inputs received from hundreds of experts and organizations representing thousands of companies, universities, federal laboratories and other institutions. The document identified 15 findings by NIST to help inform decision-making and implementing actions by the relevant departments and agencies that could further enhance the U.S. innovation engine at the public-private interface. A number of the findings noted that implementation would require revisions to the Stevenson-Wydler Technology Innovation Act of 1980 or the implementing regulations to the Bayh-Dole Act. In response, NIST has vetted through informal and formal interagency processes and delivered both a legislative proposal containing 10 findings for modernizing the Stevenson-Wydler Act, and a Notice of Proposed Rulemaking for updates to the Bayh-Dole Act regulations. This webinar showcases the pending changes and provides information on the new opportunities and streamlined processes for universities and businesses that interact with federal labs or receive federal funding.
Thursday, January 14, 2021
- Courtney Silverthorn, NIST
- Jay Schrankler, University of Chicago