Washington DC Metro Releases New High Tech Study

This is an interesting study for your consideration.

The Washington, D.C., metropolitan area ranks well among its peers in attracting federal research and development funding and small business grants, but the region lags others in private industry investment and licensing of technologies from academia to the private sector, a new study finds.

The Greater Washington Board of Trade's Technology Task Force, which released its technology commercialization study Wednesday, found that the region needs to improve collaboration among its universities, federal laboratories and the private sector to increase the amount of technology transfer and commercialization.

The study compared the Washington area with several regions of high-tech development: Silicon Valley and San Diego in California; Boston; Austin, Texas; and Raleigh-Durham, N.C.

"This has been such a government-oriented region that it's attracted companies with a focus of doing business with the government rather than with [the] commercialization of private activity," said C.D. Mote Jr., president of the University of Maryland, College Park, and co-chairman of the task force.

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