Sec. 3. PURPOSE
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## SEC. 3 PURPOSE **[**[15 U.S.C. 3702](/us/usc/t15/s3702)**]** It is the purpose of this Act to improve the economic, environmental, and social well-being of the United States by— ####
(1)establishing organizations in the executive branch to study and stimulate technology; ####
(2)promoting technology development through the establishment of cooperative research centers; ####
(3)stimulating improved utilization of federally funded technology developments, including inventions, software, and training technologies, by State and local governments and the private sector; ####
(4)providing encouragement for the development of technology through the recognition of individuals and companies which have made outstanding contributions in technology; and ####
(5)encouraging the exchange of scientific and technical personnel among academia, industry, and Federal laboratories.
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