Sec. 10. Technology commercialization review
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/bill/117/s/1260/rs/section-10A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In this section, the term key technology focus areas means the areas included on the most recent list under section 8A(d)(2) of the National Science Foundation Act of 1950. Not later than 180 days after the date of the enactment of this Act, the Director of the Office of Science and Technology Policy, in consultation with the Director of the National Science Foundation and the Director of the National Institute of Standards and Technology, shall— review— the structure of current technology research and commercialization arrangements with regard to public-private partnerships; and the extent to which intellectual property developed with Federal funding— has been used by foreign business entities; is being used to manufacture in the United States rather than in other countries; and is being used by foreign business entities domiciled or by foreign business entities affiliated with or subsidiary to foreign business entities in the People's Republic of China; develop recommendations for such legislative or administrative action as may be necessary— to further incentivize industry participation in public-private partnerships for the purposes of accelerating technology research and commercialization, including alternate ways of accounting for in-kind contributions and value of partially manufactured products; to ensure that intellectual property developed with Federal funding is commercialized in the United States; and to ensure that intellectual property developed with Federal funding is not being used by foreign business entities or by foreign business entities affiliated with or subsidiary to foreign business entities domiciled in the People’s Republic of China; and submit to the Secretary of Commerce and Congress— the findings of the Director of the Office of Science and Technology Policy with respect to the reviews conducted under paragraph (1); and the recommendations developed under paragraph (2).