COMMERCIALIZATION OF GOVERNMENT RESEARCH AND DEVELOPMENT (HEALTHY IT ECOSYSTEM) -- (Extensions of Remarks - July 09, 2004)
SPEECH OF HON. TIM HOLDEN OF PENNSYLVANIA
IN THE HOUSE OF REPRESENTATIVES
FRIDAY, JULY 9, 2004
Mr. HOLDEN. Mr. Speaker, I rise today in recognition of the Government's vital role in developing a healthy and growing information technology sector. A variety of national and international studies indicate that the broad-based deployment of information technology can have a substantial impact on our nation's economic productivity and growth as well as the educational and social success of our citizens. Accordingly, it is our task to ensure that the Government formulates policies that foster the continued development of the IT sector while also providing for citizens' access to technology and opportunity for economic advancement.
Among the most important ways that the Government can assure the robustness of our information technology sector and broad deployment of technology are by continuing to fund IT research and development and by adhering to technology-neutral policies that support market-based innovation, including by enabling firms to capitalize on the intellectual property they add to government-funded technologies. Private firms are generally willing to commercialize publicly funded research only if they can protect the intellectual property they contribute to the development process in a manner that allows them to secure a return on their investment. Thus, for example, it is vital that the government licenses software developed with public research funds under terms that enable private resources to develop such software into commercially viable products.
Over the years, U.S. businesses and industry have proven extremely adept at developing successful new products from cutting-edge technologies. Many of the private sector's most successful products and technologies have been developed in no small part due to sound public policy that fosters innovation. This is especially true in the information technology sector. With the support of the Federal Government-both through funding and through technology-neutral policies that promote commercialization-we can ensure that the information technology sector remains robust and continues to innovate for the benefit of our economy and the health and welfare of our citizens.