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Development, Commercialization, and Diffusion of Enabling Technologies: Progress Report for Projects Funded 1993-1997

Published

Author(s)

J Powell, K L. Lellock

Abstract

This report presents a statistical picture of ATP progress through early 1998 as reported by 539 organizations funded by the ATP during the period 1993 through 1997. Using ATP's Business Reporting System (BRS), the report examines plans for commercialization for evidence of opportunities for economic spillovers and national economic benefit; it provides indicators of ATP's effect in accelerating R&D, stimulating collaborations, and increasing private-sector investment in high-risk technology development; and it examines progress towards commercialization of ATP-funded technologies during the period companies were receiving ATP funding for technology development. The report updates the December 1997 ATP report Development, Commercialization, and Diffusion of Enabling Technologies: Progress Report for Projects Funded 1993-1995.The study demonstrates that the ATP has continued to make progress in funding projects with considerable opportunity for broad economic benefit. More specifically, participants in 261 projects have identified more than 1,200 uses of their technologies under development, and provided accompanying business plans for nearly 1,000 of these. Acceleration of R&D and collaboration with other organizations for R&D and for commercializing their technologies are reported by 86 precent of organizations having received at least one year of ATP funding Industry has increased its own investment in the ATP-funded technology development areas by over $300M, representing a 58 percent increase over what would have been invested from industry sources (above and beyond ATP funding) without the ATP awards; and 73 percent of organizations report that they are able to undertake a project of higher technical risk as a result of ATP funding. Although ATP-funded projects can not be expected to yield substantial commercialization results for a number of years after ATP funding ends, and broad economic impacts are even more distant, considerable business planning activity is underway and many companies report achievement of commercialization milestones. Sixty-four percent of projects have completed a production prototype for at least one application; 17 percent of companies report earning revenues form their ATP-funded technology.
Citation
NIST Interagency/Internal Report (NISTIR) - 6491
Report Number
6491

Keywords

acceleration, Advanced Technology Program, collaboration, commercializaiton, program evaluation, technology development

Citation

Powell, J. and Lellock, K. (2008), Development, Commercialization, and Diffusion of Enabling Technologies: Progress Report for Projects Funded 1993-1997, NIST Interagency/Internal Report (NISTIR), National Institute of Standards and Technology, Gaithersburg, MD (Accessed June 22, 2024)

Issues

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Created October 16, 2008