Commercialization of New Materials for a Global Economy (1993) / Chapter Skim
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Executive Summary
Executive Summary
Pages 1-6
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New materials have also contributed to familiar consumer applications that range from automobiles to refrigerators to tennis racquets and fishing rods. The United States has been most successful in the laboratory invention of new technologies including materials, but it has not always been as successful as other industrialized nations in the commercialization of such technologies.
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The federal government could establish a clearinghouse activity, containing relevant aspects of all federally funded materials programs that span the range from basic research through pilot production, to serve as a single source of readily available information. The information would describe the materials being developed and commercialized under federal sponsorship, funding levels, milestones, and so on.
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· Economic and legal barriers to, as well as financial Incentives for, the commercialization of materials are continually undergoing change. For instance, tax incentives, government procurement policies, and intellectual property-protection clauses are the subject of numerous legislative actions and judicial decisions within the course of a year.
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However, the insertion of improved materials to incrementally improve existing products can be an attractive way to use an existing market to build demand for an advanced material, even though it may not exploit the material to its fullest capability. This product improvement strategy requires an updating of product design approaches to reflect the unique aspects of the new material.
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· Advanced materials technology often eclipses the experience and knowledge base of practicing design engineers and manufacturing engineers. Continuing education programs for experienced practitioners could be an effective mechanism for bringing them up to date, providing a necessary knowledge base and expert tutelage.
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6 Commercialization of New Materials for a Global Economy wide participation by government, universities, and professional societies.
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