[Code of Federal Regulations]
[Title 15, Volume 3]
[Revised as of January 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 15CFR1160.21]

[Page 400-401]
 
                  TITLE 15--COMMERCE AND FOREIGN TRADE
 
      CHAPTER XI--TECHNOLOGY ADMINISTRATION, DEPARTMENT OF COMMERCE
 
PART 1160--PRODUCTIVITY, TECHNOLOGY AND INNOVATION--Table of Contents
 
               Subpart B--Strategic Partnership Initiative
 
Sec. 1160.21  Definitions.

    (a) Strategic Partnerships. Strategic Partnerships are multi-
industry teams of firms and others formed to create and commercialize 
proprietary technologies, especially large scale enabling technologies, 
using a systems management approach. The design of and participants in a 
specific partnership will be solely at the discretion of the private 
sector. However, since these partnerships will be most effective when 
comprised of firms which can share proprietary information, it will 
probably be most useful if there are no competitors in the venture.

[[Page 401]]

    (b) Large Scale Enabling Technologies. Large Scale Enabling 
Technologies are technologies that are too complex and costly for a 
single firm to create and that have more potential applications than a 
single firm or a single industry can readily exploit. In some cases 
investments in these technologies may only be recouped if the results 
are used in several applications, often in different industries. Since 
speed of recoupment is often critical to continued competitiveness, it 
is often essential that multiple major applications are introduced 
simultaneously.

[56 FR 41282, Aug. 20, 1991; 56 FR 51257, Oct. 10, 1991]