Following the introduction of the Microlab Technology Commercialization Act of 2014 (MTCA) by U.S. Senator Martin Heinrich (D-N.M.), Matthew Stepp, Executive Director of ITIF’s Center for Clean Energy Innovation (CCEI) issues the following statement:
“As CCEI and the Brookings Metropolitan Policy Program noted in Going Local: Connecting the National Labs to their Regions for Innovation and Growth, the Department of Energy’s National Laboratory system is a tremendous resource that currently conducts $12.5 billion in publicly funded R&D annually on a wide range of national issues, including high performance computing, energy innovation and advanced manufacturing. Unfortunately, legacy operating procedures limit the Labs’ ability to successfully transfer technologies from research to market, while also reducing engagement with the regional economies in which they are located. This environment has limited the system’s ability to promote transformative innovation and reduced its overall contributions to U.S. economic growth.