The Economic Benefits of Technology Transfer from U.S. Federal Laboratories

Albert Link and John Scott

No 19-6, UNCG Economics Working Papers from University of North Carolina at Greensboro, Department of Economics

Abstract: In this paper we review the legislative emphasis on technology transfers from U.S. federal laboratories, and we present a framework to describe how private sector firms benefit from the adoption of technologies from federal laboratories. We conclude that if a federal laboratory can provide the technology being transferred more efficiently than the private sector can develop it, there is a social gain from the federal laboratory doing so. The social gain will be realized in part by increased profits for the private firms using the technology and in part by consumers who have higher reservation prices for higher quality products and services and who pay lower prices because firms’ costs are lower.

Keywords: technology transfer; federal laboratories; R&D (search for similar items in EconPapers)
JEL-codes: H40 O31 O38 (search for similar items in EconPapers)
Pages: 18 pages
Date: 2019-04-10
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (18)

Downloads: (external link)
https://bryan.uncg.edu/wp-content/uploads/2018/02/ ... ral-Laboratories.pdf Full text (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found

Related works:
Journal Article: The economic benefits of technology transfer from U.S. federal laboratories (2019)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ris:uncgec:2019_006

Access Statistics for this paper

More papers in UNCG Economics Working Papers from University of North Carolina at Greensboro, Department of Economics UNC Greensboro, Department of Economics, PO Box 26170, Bryan Building 462, Greensboro, NC 27402. Contact information at EDIRC.
Bibliographic data for series maintained by Albert Link ().