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Reducing the Time from Basic Research to Innovation in the Chemical Sciences A Workshop Report to the Chemical Sciences Roundtable (2003) / Chapter Skim
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5. Comments on the Advanced Technology Program
Pages 49-55

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From page 49...
... Good is the Donaghey University Professor at the University of Arkansas, Little Rock, and serves as the managing member for Venture Capital Investors, LLC. Previously, she served 4 years as the under secretary for technology for the Technology Administration in the Department of Commerce, a presidentially appointed, Senate-confirmed position, which had oversight of the Advanced Technology Program.
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From page 50...
... Venture capitalists want a prototype and a product market with a known size. Venture capitalist and founding partner of Morganthaler Ventures David Morganthaler has stated: "It does seem that earlystage help by the government in developing platform technologies and financing scientific discoveries is directed exactly at the areas where institutional venture capitalists cannot and will not go.
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From page 51...
... In general, applied research is designed to provide answers to specific scientific and technical questions needed to carry out certain governmental missions in defense, energy, space, the environment, and underlying national interests in the commercial sector such as standards and metrology. However, there are areas that are neglected by the federal government and corporate research programs.
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From page 52...
... PCAST has some very significant people on it, and they could be used as a sounding board for whatever kind of organizational structure and oversight issues the government might handle. Larry Dubois, SRI: ATP is one giant step toward the commercial side, away from the type of funding that NSF would give and away from the intelligence community's programs and the Army's venture capital.
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From page 53...
... The chemical industry is very proprietary, and many chemical companies are unwilling to go through the review process that NIST requires. Hank Whalen: Newt Gingrich and Bob Walker were very negative toward ATP.
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From page 54...
... People see all these small companies, but they don't understand that those wouldn't exist without training and background from larger companies. I just went to a big venture capital forum recently and was amused because of the five or six companies that were chosen to highlight for the venture capitalists, every single one of them had a CEO with gray hair.
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From page 55...
... Somebody needs to fund materials science because in many ways materials are the basis of all the technologies that follow. I liked Elsa' s remarks this morning because it is clear that without the materials research there is no progress.
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  • fair amount
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  • government intervention
  • light sources

  • supported technology
  • changed party
  • historically supported
  • provide opportunity
  • million roughly

  • venture capitalist
  • mission agencies
  • aerospace industry
  • provide partial
  • usual market

  • larry dubois
  • atp fills
  • nsf based
  • originally designed
  • science involved


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