To Do: Direct NSF to Establish Stronger University Entrepreneurship Metrics
Recommendation
Congress should direct NSF to establish stronger university entrepreneurship metrics and use them to provide stronger incentives for commercializing research.
Details
Congress should direct NSF to partner with NIST to develop a metric for universities to report entrepreneurship and commercialization information annually, including data on new business starts by faculty, spin-offs, license agreements, patenting, and industrial funding of research. Congress should further direct agencies to factor these metrics into their decisions to award research funds.
Keep reading:
▪ Stephen Ezell and Robert D. Atkinson, “Fifty Ways to Leave Your Competitiveness Woes Behind: A National Traded Sector Competitiveness Strategy” (ITIF, September 2012), https://itif.org/publications/2012/09/20/fifty-ways-leave-your-competitiveness-woes-behind-national-traded-sector.