we are pleased to have it out just 6 months after the event. It represents one of the few efforts to examine closely the origins, objectives, and current operations of the ATP. As many of you may know, ATP attracts its share of controversy. Partly because of that, the program has commissioned a rigorous assessment effort in cooperation with the National Bureau of Economic Research. STEP plans to draw on this rich assessment program in its review of the program’s operations. We plan to produce a report next year with findings and recommendations concerning this innovative program.

The second report is titled The Small Business Innovation Research Program: Challenges and Opportunities. Like the ATP volume, this report summarizes a workshop held to review the program’s origins and the current research on its operations. The workshop also explored operational challenges faced by SBIR, identified some SBIR successes, and discussed possible improvements in the program. The volume also includes papers by Roland Tibbetts, here today, and Josh Lerner of the Harvard Business School.

One outcome of that workshop was a second symposium on SBIR, in which we looked at a specific effort within the Defense Department to improve the commercialization of SBIR-funded technologies. That effort is known as the Fast Track initiative. The STEP Board commissioned research assessing Fast Track’s role in encouraging commercialization of SBIR technologies funded by the Defense Department. That report should be available by the end of the year.

The ATP and SBIR volumes are part of a larger project within STEP called “Government-Industry Partnerships for the Development of New Technologies.” Gordon Moore of Intel leads this project, and we are very fortunate to have him with us today and tomorrow. It is under the auspices of this project that our meeting today is being held, and I want to describe for you some of the “Government-Industry Partnership” project’s work.

The basic good goal of the project is to identify “best practices” from the many government-industry partnerships underway in the United States and abroad. As a starting point, it is important to recognize the role that government has frequently played in supporting the development of new technologies in this country. Outlined in Alexander Hamilton’s 1791 Report on Manufacturers, federal initiatives provided Eli Whitney a contract in 1798 for interchangeable musket parts and Samuel Morse’s grant from Congress in 1842 for a demonstration project to run a telegraph line between Washington and Baltimore. Following World War I, the government-initiated Radio Corporation of America facilitated the development of radio. This initiative was privatized and became the RCA Corporation.

In recent years, government-industry partnerships have continued to play a prominent role in the growth of the U.S. economy. The development of the Internet stands out as an example. Despite the success of many of these programs—and the failure of others—there has been relatively little effort to take a



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