other · US Department of Commerce · Published 1994-01-06 · Effective 1994-01-06 · 59 FR 663
Document
Document number
94-69
Federal Register citation
59 FR 663
CFR reference
15 CFR 295
Type
Rule
Action
Final rule.
Category
other
Sub-agency
US Department of Commerce
Publication date
1994-01-06
Effective date
1994-01-06
Commerce docket
Federal Register: January 6, 1994
Abstract
The National Institute of Standards and Technology (NIST) is today issuing a final rule which amends the implementing regulations for the Advanced Technology Program (ATP). A number of the revisions are required by the American Technology Preeminence Act of 1992, including provisions on: participation by foreign companies in ATP; the establishment of a patent policy different from the government-wide policy set out by the Bayh-Dole Act; and a new requirement that ``joint research and development ventures'' be industry-led. Further, requirements for royalty-sharing by ATP recipients with the Federal government for inventions funded under ATP have been repealed by the Act, and are thus removed from the regulations. Similarly, ATP authority to provide direct funding to independent research organizations has been repealed. Also, changes not required by the Act are made, including changes to simplify and clarify the selection criteria, and to streamline the internal operations of ATP, including the selection process.