EVENT NOTICE June 16, 2021, AI & ML Update, Mr. Dean Alderucci, Carnegie Mellon Univ.
Technology Transfer and Innovation Forum Series
Subject: National Institute of Standards and Technology (NIST) Return on Investment (ROI) Initiative for Unleashing American Innovation.
Presenter: Dr. Courtney Silverthorn, Acting Director, Technology Partnerships Office, NIST
With over a decade of experience in Federal technology transfer, she is currently responsible for providing leadership for TPO’s responsibilities in advancing NIST technology transfer and commercialization and the NIST SBIR program, and leading implementation of interagency technology transfer policy efforts via NIST's Return on Investment Initiative. She also oversees NIST-centric and agency-wide economic analysis on the impact of federal technology transfer.
Courtney is a Co-Chair of the National Science and Technology Council’s Lab-to-Market subcommittee and coordinates several Interagency working groups for tech transfer and intellectual property issues. She served as a Senior Policy Advisor to the Office of Science and Technology Policy through a detailed assignment in 2018, supporting both Lab-to-Market and Citizen Science. She is a member of the Board of Directors of the Innovation Research Interchange, a worldwide network of thought leaders from large corporations, small businesses, and federal labs focusing on researching, developing, and sharing best practices in innovation management, and serves as the Finance Officer on the Executive Board of the Federal Laboratory Consortium, a nationwide network of over 300 Federal laboratories focused on enabling commercialization of federally-funded technological developments.
Dr. Silverthorn earned a Ph.D. in Pharmacology from The Johns Hopkins University School of Medicine, an M.S. in Leadership and Public Policy from Washington University in St. Louis, and a B.S. in Biochemistry and Molecular Biology from Sweet Briar College. She has also earned certificates in Biotechnology Enterprise from Johns Hopkins and in Policy Strategy from the Brookings Institution.
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 government 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 package containing 10 proposals for modernizing the Stevenson-Wydler Act and a Notice of Proposed Rulemaking for updates to the Bayh-Dole Act regulations. Dr. Silverthorn will discuss these and other activities are undertaken to address the findings reported in the Green Paper.
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