[Code of Federal Regulations]

[Title 15, Volume 3]

[Revised as of January 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 15CFR1160.21]



[Page 425]

 

                  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.

    (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]