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The Innovation Pipeline: From Universities to Small Businesses (House Small Business subcommittee hearing, February 11, 2020)

Summary

Printed record of a hearing of the House Committee on Small Business, Subcommittee on Innovation and Workforce Development, held February 11, 2020, titled The Innovation Pipeline: From Universities to Small Businesses, Small Business Committee Document Number 116–071, published in 2021. Opening statements came from Hon. Jason Crow and Hon. Troy Balderson. Witnesses were Dr. John Younger, vice president of science and technology at the University City Science Center; Dr. Sheila Martin of the Association of Public and Land-grant Universities; Dr. Ethan Mann of Sharklet Technologies, Inc.; and Dr. Gregory P. Crawford, president of Miami University. The appendix prints their prepared statements and additional material from the Association of Public & Land-Grant Universities, Engine, Hon. Abby Finkenauer and a letter from Janeya Griffin, CEO of The Commercializer, LLC.

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“The Innovation Pipeline: From Universities to Small Businesses (House Small Business subcommittee hearing, February 11, 2020).” Original at www.govinfo.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/the-innovation-pipeline-from-universities-to-small-businesses-house-sm-72054132ad/, SHA-256 2acbc3ab82301c761c2c4823084100b3b810fc22b5ff255c94bbea7c546cb3c5.

Full text

                                                                   THE INNOVATION PIPELINE: FROM UNIVERSITIES
                                                                             TO SMALL BUSINESSES


                                                                                                  HEARING
                                                                                                          BEFORE THE


                                                                   SUBCOMMITTEE ON INNOVATION AND
                                                                       WORKFORCE DEVELOPMENT
                                                                                                             OF THE


                                                                       COMMITTEE ON SMALL BUSINESS
                                                                              UNITED STATES
                                                                        HOUSE OF REPRESENTATIVES
                                                                                ONE HUNDRED SIXTEENTH CONGRESS
                                                                                                       SECOND SESSION


                                                                                                    HEARING HELD
                                                                                                   FEBRUARY 11, 2020




                                                                                Small Business Committee Document Number 116–071
                                                                                  Available via the GPO Website: www.govinfo.gov



                                                                                           U.S. GOVERNMENT PUBLISHING OFFICE
                                                                    39–605                             WASHINGTON : 2021




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                                                                                    HOUSE COMMITTEE ON SMALL BUSINESS
                                                                                NYDIA VELÁZQUEZ, New York, Chairwoman
                                                                                        ABBY FINKENAUER, Iowa
                                                                                         JARED GOLDEN, Maine
                                                                                         ANDY KIM, New Jersey
                                                                                         JASON CROW, Colorado
                                                                                        SHARICE DAVIDS, Kansas
                                                                                          JUDY CHU, California
                                                                                          MARC VEASEY, Texas
                                                                                      DWIGHT EVANS, Pennsylvania
                                                                                       BRAD SCHNEIDER, Illinois
                                                                                     ADRIANO ESPAILLAT, New York
                                                                                     ANTONIO DELGADO, New York
                                                                                   CHRISSY HOULAHAN, Pennsylvania
                                                                                        ANGIE CRAIG, Minnesota
                                                                                  STEVE CHABOT, Ohio, Ranking Member
                                                                   AUMUA AMATA COLEMAN RADEWAGEN, American Samoa, Vice Ranking Member
                                                                                        TROY BALDERSON, Ohio
                                                                                         KEVIN HERN, Oklahoma
                                                                                       JIM HAGEDORN, Minnesota
                                                                                       PETE STAUBER, Minnesota
                                                                                       TIM BURCHETT, Tennessee
                                                                                          ROSS SPANO, Florida
                                                                                       JOHN JOYCE, Pennsylvania
                                                                                      DAN BISHOP, North Carolina

                                                                                           MELISSA JUNG, Majority Staff Director
                                                                                      JUSTIN PELLETIER, Majority Deputy Staff Director
                                                                                             KEVIN FITZPATRICK, Staff Director




                                                                                                              (II)




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                                                                                                            CONTENTS
                                                                                                         OPENING STATEMENTS
                                                                                                                                                                                          Page
                                                             Hon. Jason Crow ......................................................................................................         1
                                                             Hon. Troy Balderson ................................................................................................           2

                                                                                                                    WITNESSES
                                                             Dr. John Younger, Vice President of Science and Technology, University
                                                               City Science Center, Philadelphia, PA ...............................................................                        5
                                                             Dr. Sheila Martin, Vice President of Economic Development and Community
                                                               Engagement, Association of Public and Land-grant Universities, Wash-
                                                               ington, DC .............................................................................................................     7
                                                             Dr. Ethan Mann, Vice President of Marketing and Business Development,
                                                               Sharklet Technologies, Inc., Aurora, CO ............................................................                         9
                                                             Dr. Gregory P. Crawford, President, Miami University, Oxford, OH .................                                            10

                                                                                                                     APPENDIX
                                                             Prepared Statements:
                                                                 Dr. John Younger, Vice President of Science and Technology, University
                                                                   City Science Center, Philadelphia, PA ........................................................                          24
                                                                 Dr. Sheila Martin, Vice President of Economic Development and Commu-
                                                                   nity Engagement, Association of Public and Land-grant Universities,
                                                                   Washington, DC ............................................................................................             30
                                                                 Dr. Ethan Mann, Vice President of Marketing and Business Develop-
                                                                   ment, Sharklet Technologies, Inc., Aurora, CO ..........................................                                40
                                                                 Dr. Gregory P. Crawford, President, Miami University, Oxford, OH ..........                                               42
                                                             Questions for the Record:
                                                                 None.
                                                             Answers for the Record:
                                                                 None.
                                                             Additional Material for the Record:
                                                                 Association of Public & Land-Grant Univeresities ........................................                                 48
                                                                 Engine ...............................................................................................................    53
                                                                 Hon. Abby Finkenauer, Member of Congress ................................................                                 57
                                                                 Letter from Janeya Griffin, CEO, The Commercializer, LLC .......................                                          59




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                                                                        THE INNOVATION PIPELINE: FROM
                                                                       UNIVERSITIES TO SMALL BUSINESSES

                                                                                           TUESDAY, FEBRUARY 11, 2020

                                                                                      HOUSE OF REPRESENTATIVES,
                                                                                  COMMITTEE ON SMALL BUSINESS,
                                                                      SUBCOMMITTEE ON INNOVATION AND WORKFORCE
                                                                                                         DEVELOPMENT,
                                                                                                              Washington, DC.
                                                                The Subcommittee met, pursuant to call, at 10:03 a.m., in Room
                                                             2360, Rayburn House Office Building, Hon. Jason Crow [chairman
                                                             of the Subcommittee] presiding.
                                                                Present: Representatives Crow, Finkenauer, Kim, Davids,
                                                             Houlahan, Balderson, Chabot, Hern, Burchett, and Joyce.
                                                                Chairman CROW. Good morning. The Committee will come to
                                                             order.
                                                                We want to thank everyone for joining us this morning, and es-
                                                             pecially to the witnesses here today. For those of you who have not
                                                             testified before a Committee, the way that these Subcommittees
                                                             usually work is members sometimes have overlapping Subcommit-
                                                             tees and obligations, so people will come and go throughout the
                                                             Committee and ask questions during the time that we have allotted
                                                             today.
                                                                So that that, I wanted to make an opening statement before I
                                                             turn it over to Mr. Balderson, the Ranking Member.
                                                                This past year, this Subcommittee has seen a lot of inspiring ex-
                                                             amples of the value of innovation and entrepreneurship. For dec-
                                                             ades, the U.S. has led the world as the best place to innovate and
                                                             start a small business. A large driver behind this innovation, how-
                                                             ever, is our commitment to publicly funding research and develop-
                                                             ment in health care, science, and technology. And as a result of
                                                             that, hundreds of patents are developed on our Nation’ s college
                                                             campuses      every    year.  Products     like  lifesaving   drugs,
                                                             groundbreaking medical devices and advances in agriculture are
                                                             the result of collaboration among faculty, students and the business
                                                             community.
                                                                These innovations, made possible in some part by public invest-
                                                             ment, are needed now more than ever as technology rapidly
                                                             changes every sector of our economy. However, as more states cut
                                                             funding for research-based universities, the Federal Government’ s
                                                             role in supporting innovation is more important than ever.
                                                                For an economy as large and diverse as ours, the only way for
                                                             sustained economic growth is through innovation that results in
                                                             new solutions or improvements in products or services. The U.S.
                                                             Government made Federal R&D funding a priority starting in
                                                                                                              (1)




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                                                             World War II, and those investments have paid off. Federal fund-
                                                             ing is responsible now for approximately 30 percent of all new U.S.
                                                             patents every year.
                                                               The story is different now and the U.S. is one of the only OECD
                                                             countries that has decreased public investment in R&D over the
                                                             past 25 years. I believe we should be working together to support
                                                             increased investment in research and development, particularly at
                                                             our colleges and universities where our next generation of
                                                             innovators are being developed.
                                                               But research and development funding is only one part of the
                                                             equation. Bringing an idea from a university lab to consumers is
                                                             no easy process as we have heard from a lot of businesses and
                                                             innovators over the past year. There are numerous steps involved,
                                                             from developing a business plan to doing market research to licens-
                                                             ing the technology and security venture capital funding. Fortu-
                                                             nately, universities and organizations are working all around the
                                                             country to make this process easier. By providing space in incuba-
                                                             tors and accelerators, universities can cultivate emerging tech-
                                                             nologies and leverage their vast networks for fundraising and
                                                             mentorship.
                                                               The knowledge available to entrepreneurs in these environments
                                                             can help them through the so-called ‘‘valley of death,’’ another
                                                             thing that we have heard a lot about from entrepeneurs directly.
                                                             And that is where the technology is not yet perfected, and investors
                                                             are hesitant, and many startups fail to get off the ground and get
                                                             through the ‘‘valley of death.’’
                                                               In my district, the Fitzsimmons Innovation Community, in part-
                                                             nership with CU Anschutz, the Children’ s Hospital of Colorado
                                                             and UC Health is providing vital support for bioscience research,
                                                             innovation, and commercialization. Another example of the success
                                                             of the intersection of small business and Federal R&D are the
                                                             SBIR and STTR programs, which work to commercialize cutting-
                                                             edge technology. Over the last 3 decades the SBIR program has
                                                             boasted significant return on investment and has generated billions
                                                             in tax revenue.
                                                               A priority for me as the Chair of this Subcommittee is to identify
                                                             how policymakers can help rebuild and develop the Main Streets
                                                             of our country. Whether it is a tax startup in Kansas, a medical
                                                             device company in Colorado, a pharmaceutical research firm in
                                                             Philadelphia, or any small business in any city or town across the
                                                             country, we know these public-private partnerships accelerate inno-
                                                             vation, provide jobs, and support our communities.
                                                               So, I hope that today’ s discussion will shed light on the many
                                                             benefits of the innovation pipeline taking place at our Nation’ s
                                                             universities. And I look forward to working with my colleagues in
                                                             Congress so more small businesses can bring their ideas to market.
                                                               So now I would like to yield to our Ranking Member, Mr.
                                                             Balderson, for his opening statement.
                                                               Mr. BALDERSON. Thank you, Chairman Crow. Thank you, wit-
                                                             nesses, for being here today.
                                                               Studies show that when universities and firms both have close
                                                             personal and geographical links, these connections help produce
                                                             greater innovation outcomes. Ohio colleges and universities spent
                                                             nearly $2.4 billion in fiscal year 2018 on research and development




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                                                             activities, landing the 12th District on the R&D state ranking.
                                                             Ohio State University, which has campuses in my district, led the
                                                             state with $875 million in R&D expenditures and is ranked 25th
                                                             of American research universities.
                                                                So how can close ties between universities and local firms help
                                                             business innovation? Just last week I participated in a hearing
                                                             about the SBIR/STTR programs held by the Research and Tech-
                                                             nology Subcommittee of the Space, Science, and Technology Com-
                                                             mittee. I asked the panel about the biggest burdens faced by small
                                                             businesses in the R&D space and learned that they need help in
                                                             two major ways—risk assessment of their technologies and general
                                                             startup resources for business planning and management.
                                                                This is where the ties between universities and local firms come
                                                             in. Institutions that take advantage of both personal and geo-
                                                             graphical links between R&D and entrepreneurship are able to ef-
                                                             fectively transform potential into product and scientists into busi-
                                                             nessmen, or women.
                                                                A recently published book, Jumpstarting America, illustrates
                                                             how two MIT professors developed an index system of metro statis-
                                                             tical areas or MSAs—very challenging words to put all together
                                                             there—to rank each one’ s potential to becoming the Nation’ s next
                                                             great tech hub. MSAs were ranked by workforce size, four edu-
                                                             cation measures, and three lifestyle measures. The education meas-
                                                             ures qualify workforce and production elements required to support
                                                             research and development systems. I am proud to say that six Ohio
                                                             cities made the list, including Columbus in my district, which was
                                                             ranked number 4 out of 102 metropolitan areas. Columbus and its
                                                             surrounding communities offer a great quality of life and have un-
                                                             limited potential for high-tech industries thanks to our local col-
                                                             leges and universities.
                                                                Jumpstarting America and similar economic development studies
                                                             are limited in scope for various reasons to urban areas. But, what
                                                             about our rural areas? Surely, there are great innovations coming
                                                             from the heartland universities.
                                                                Last month, the Subcommittee discussed ag tech entrepreneur-
                                                             ship as a catalyst for rural revitalization efforts. Our witness for
                                                             the hearing, Dr. Douglas Jackson-Smith represented Ohio State
                                                             University’ s Innovation for Food and Agricultural Transformation,
                                                             a project that embodies many of the themes we will be discussing
                                                             today. At this hearing, we will examine the local impact of univer-
                                                             sities as centers of innovation. While some excel at technology
                                                             transfer and commercialization, others act as a keystone of entre-
                                                             preneurial ecosystems.
                                                                I appreciate the witnesses’ work in this space and look forward
                                                             to hearing your success stories.
                                                                I yield back, Mr. Chairman.
                                                                Chairman CROW. Thank you, Mr. Balderson. The gentleman
                                                             yields back.
                                                                And if Committee members have an opening statement, I would
                                                             just ask that they be submitted for the record.
                                                                I want to take just take a few minutes to explain the timing
                                                             rules for those of you who have not testified before. Each witness
                                                             gets 5 minutes to testify at the beginning, and then member get
                                                             5 minutes for questioning. There is a lighting system to assist you




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                                                             right in front of you. So, the green light comes on when you begin.
                                                             The yellow light will come on when you have 1 minute. And then
                                                             the red light comes on when your time is completed. And we do ask
                                                             that you try to stick with those timing limits so that the members
                                                             can get questions in and we can move the questions around be-
                                                             tween the witnesses as well.
                                                                So, I would now like to begin by introducing our first witness,
                                                             Dr. John Younger. Dr. Younger is the vice president of Science and
                                                             Technology at the University City Science Center. With extensive
                                                             clinical research and extraimperial experience, Dr. Younger is
                                                             working on the Science Center’ s Commercialization Startup In-
                                                             vestment and Business Acceleration Program. Dr. Younger also
                                                             founded Akadeum—did I get that right, Dr. Younger? Close
                                                             enough. Akadeum Life Sciences, a venture-backed life science com-
                                                             pany out of his lab at the University of Michigan and serves on the
                                                             National Advisory Council of the National Institute of General
                                                             Medical Sciences. Welcome, Dr. Younger.
                                                                Our second witness is Dr. Sheila Martin. Dr. Martin is vice presi-
                                                             dent for Economic Development and Community Engagement at
                                                             the Association of Public and Land-grant Universities. Dr. Martin
                                                             leads and engages with senior university leaders and stakeholders
                                                             on talent and workforce development, innovation and entrepreneur-
                                                             ship, and social, cultural, and community engagement. She also di-
                                                             rects APLU’ s Commission on Economic and Community Engage-
                                                             ment. Dr. Martin earned a B.A. from Southern Illinois University,
                                                             an M.A. from the Patterson School of Diplomacy and International
                                                             Commerce at the University of Kentucky, and a Ph.D. from Iowa
                                                             State University. Welcome, Dr. Martin.
                                                                Our third witness today is Dr. Ethan Mann. Dr. Mann is a vice
                                                             president of Sharklet Technologies, an innovative surface tech-
                                                             nology company based in Aurora, Colorado. Dr. Mann has led many
                                                             of Sharklet’ s translational scientific studies aimed at dem-
                                                             onstrating the use of microtextures for biological control. Dr. Mann
                                                             holds a Bachelor of Science from Chadron State College, and a
                                                             Ph.D. from the University of Nebraska. He trained as a post-doc-
                                                             toral fellow in infections disease at The Ohio State University,
                                                             which I am sure Congressman Balderson is happy to hear. Do not
                                                             let it go to your head, Troy. Dr. Mann currently serves on NIH re-
                                                             view panels to evaluate small business innovation research grants
                                                             which support commercialization of innovative technologies. Thank
                                                             you, Dr. Mann, for being here today.
                                                                I would like to now yield to our Ranking Member, Mr. Balderson,
                                                             to introduce our final witness.
                                                                Mr. BALDERSON. And just so you know, my deputy chief of
                                                             staff is a graduate of Miami.
                                                                I am turning the reins over. I did not see him come in yet, so
                                                             I am turning it over to the Ranking Member Chabot for the intro-
                                                             duction.
                                                                Mr. CHABOT. Thank you. Just trying to be part of the woodwork
                                                             over here, Mr. Chairman.
                                                                I want to thank the Chairman and Ranking Member, Mr.
                                                             Balderson, for allowing me to introduce our fourth and final wit-
                                                             ness here today, Dr. Gregory P. Crawford, the 22nd president of
                                                             Miami University, one of the great universities in Ohio. And I




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                                                             would note that our staff director, Mr. Kevin Fitzpatrick, is a grad-
                                                             uate of Miami; as is my son, Randy; as is my younger brother,
                                                             Dave. And so, a great university. Excuse me.
                                                                Aside from being an Ohio native, Dr. Crawford is uniquely suited
                                                             to present on today’ s topic. He has bachelor’ s degrees in mathe-
                                                             matics and physics, a master’ s degree in physics, and a doctorate
                                                             in chemical physics from Kent State University. His work includes
                                                             more than 400 research and education publications, review articles
                                                             and book chapters. Dr. Crawford has an extensive track record of
                                                             guiding research to commercialization. He has participated in spin-
                                                             off and startup companies and is credited with 21 U.S. patents and
                                                             patent applications. Before coming to Miami, he launched research
                                                             commercialization initiatives at Brown University and at Notre
                                                             Dame. He is currently a member of the board of directors at
                                                             Cintrifuse, the incubator and accelerator dedicated to creating a
                                                             stronger technology presence in the Greater Cincinnati area. Dr.
                                                             Crawford’ s administration emphasizes diversity, inclusion, and
                                                             interdisciplinary collaboration across all of Miami’ s campuses and
                                                             colleges.
                                                                We thank you for joining us today as we do all the witnesses on
                                                             this distinguished panel. I want to thank you for your dedication
                                                             to Miami University and the Greater Cincinnati area and the state.
                                                             Thank you very much, Doctor.
                                                                Chairman CROW. Thank you. The gentleman yields back.
                                                                And the members, we got through our introductions which when-
                                                             ever folks from academia come is really the most challenging part
                                                             for us. There are a lot of acronyms here. So, thank you for bearing
                                                             with us.
                                                                So, let’ s start with Dr. Younger. You are recognized for 5 min-
                                                             utes, Doctor.

                                                             STATEMENTS OF DR. JOHN YOUNGER, VICE PRESIDENT OF
                                                              SCIENCE AND TECHNOLOGY, UNIVERSITY CITY SCIENCE
                                                              CENTER; DR. SHEILA MARTIN, VICE PRESIDENT OF ECO-
                                                              NOMIC DEVELOPMENT AND COMMUNITY ENGAGEMENT, AS-
                                                              SOCIATION OF PUBLIC AND LAND-GRANT UNIVERSITIES;
                                                              DR. ETHAN MANN, VICE PRESIDENT OF MARKETING AND
                                                              BUSINESS DEVELOPMENT, SHARKLET TECHNOLOGIES, INC.;
                                                              DR. GREGORY P. CRAWFORD, PRESIDENT, MIAMI UNIVER-
                                                              SITY

                                                                                   STATEMENT OF DR. JOHN YOUNGER
                                                                Mr. YOUNGER. Great, thank you.
                                                                Chairman Crow, Ranking Member Balderson, and members of
                                                             the Subcommittee, thank you for the opportunity to testify today.
                                                             It is an honor to join my distinguished colleagues on today’ s panel,
                                                             and I will suppress my Wolverine access for the rest of the morn-
                                                             ing.
                                                                Before a great idea becomes a business, or creates a sustained
                                                             new job, or generates a dollar of export, it must spend time in what
                                                             you have called the ‘‘valley of death.’’ The term applies to a period
                                                             of commercial development in which really critical questions have
                                                             to be answered—does anyone actually need the idea that is being




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                                                             put forward? If so, how many people actually want it? What are
                                                             they willing to pay?
                                                                If you have an adverse answer to any of these questions, a really
                                                             great idea can be shown the door very quickly. In most instances,
                                                             that is the appropriate outcome. A lot of ideas turn out to be much
                                                             better on paper than they are in practice.
                                                                The concept of the ‘‘valley of death’’ applies to any new under-
                                                             taking but it is really acutely relevant to startups, in which there
                                                             is no predefined market and there is no proven business model to
                                                             draw from. Startups often die on the vine. Nobody buys, the intel-
                                                             lectual property is not defensible, a capable founding team cannot
                                                             be recruited. That is common and a key tenet of startup thinking
                                                             is that poor ideas should be identified as such as quickly as pos-
                                                             sible and abandoned as quickly and efficiently as possible. That
                                                             saves investment and it saves time for the entrepreneurs that are
                                                             working on that ideas to move on to more promising ideas.
                                                                I began my career as a physician scientist and pursued that path
                                                             for 20 years. However, for the last 6 years of my career, I have
                                                             spent a really great time working in the ‘‘valley of death,’’ first as
                                                             an entrepreneur of a Michigan-based biotech startup, and most re-
                                                             cently as part of a team that is doing everything possible to make
                                                             the journey of that valley as quick, if not painless, as we can for
                                                             new ideas and new companies.
                                                                I now work at the University City Science Center of the Nation’
                                                             s oldest and largest urban research park, founded in 1963 and
                                                             based in Philadelphia. As the Science Center’ s vice president for
                                                             Science and Technology, I lead all of our efforts to help universities
                                                             and startups move their technologies beyond the valley, including
                                                             a program that provides grants to research universities to better
                                                             prepare their most promising technologies for entry into the world,
                                                             a portfolio of some of the most effective business incubators on the
                                                             East Coast, and an early stage investment fund that provides crit-
                                                             ical early capital to biotech and healthcare IT startups in their
                                                             most vulnerable formative days.
                                                                Our Nation’ s economy faces persistent and intensifying chal-
                                                             lenges. Innovation is the key to addressing many of those concerns,
                                                             but how best to support innovation is an especially tough nut to
                                                             crack. There is no question that research funding is essential to
                                                             creating ideas and universities that may become great new compa-
                                                             nies.
                                                                However, I am here today to draw your attention to what must
                                                             happen after those ideas come out of universities as they mature
                                                             through formation, commercialization, job creation, and economic
                                                             impact.
                                                                In 2010, Steve Blank, a seminal thought leader in entrepre-
                                                             neurial theory, defined a start-up as an organization formed to
                                                             search for a repeatable and scalable business model. Having
                                                             launched my own startup, I whole-heartedly endorse that idea.
                                                             Startups are not small versions of established businesses. They are
                                                             harsh, marketplace experiments seeking to determine if a business
                                                             idea has legs or not. These experiments are risky. They are often
                                                             heart-breaking. They are typically expensive, and in most in-
                                                             stances, end up with a decision to call it quits. But they are an un-
                                                             avoidable and unblinking prerequisite for commercial success.




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                                                               The nature of startups suggests that the predominant models of
                                                             Federal support are not really well-suited for these endeavors.
                                                               The measured pace of grant submission, review, and award oper-
                                                             ate at a speed that does not match the tempo of intense innovation.
                                                             A startup applying for an SBIR or STTR award typically will not
                                                             see that money for over a year after application. In that time,
                                                             many companies will fold or pivot so strongly away from the origi-
                                                             nal plan that even when the SBIR arrives, the idea is no longer
                                                             in alignment with the grant was meant to pay for.
                                                               Much like the patent process, the SBIR/STTR mechanism is a
                                                             funding approach that favors teams that have the luxury of being
                                                             able to take things slowly. In my opinion, taking things slowly is
                                                             not part of an effective formula for a national innovation strategy.
                                                               Startups do not necessarily need a lot of money; they need money
                                                             right away. It is not practical for the government to implement a
                                                             mechanism to quickly release small amounts of cash. Fifty thou-
                                                             sand, $100,000 dollars can be transformative. In my experience,
                                                             the best approach instead is to provide funding to reliable and
                                                             proven incubator and accelerator programs and organizations, such
                                                             as the Science Center, which has helped over 400 companies
                                                             launch. These enterprises have boots-on-the-ground familiarity
                                                             with the core ingredients that companies will need. Who are the
                                                             talent? Who are the local advisors? What is the behavior of local
                                                             investors? These startups require these ideas to move forward, and
                                                             the companies we help launch grow benefit from our decades of ex-
                                                             perience in this space.
                                                               My sense is that the best practical means of facilitating and
                                                             monetizing the innovation that turns academic research into busi-
                                                             ness development is to specifically support the growth of private
                                                             sector organizations that can make rapid, unbiased determinations
                                                             of which early-stage ideas have sufficient commercial promise to at-
                                                             tract investment. This is a role we currently play for BARDA using
                                                             our multistate tech transfer network to identify biotechnology ideas
                                                             that may be of interest to Health and Human Services.
                                                               I am going to—wait, am I past time? All right. I am going to give
                                                             up my negative time and say the rest of my remarks are in written
                                                             comments. Thanks.
                                                               Chairman CROW. All right. Thanks, Dr. Younger.
                                                               Dr. Martin, you are recognized for 5 minutes.
                                                                                   STATEMENT OF DR. SHEILA MARTIN
                                                               Ms. MARTIN. Thank you, Chairman Crow, Ranking Member
                                                             Balderson, and members of the Committee. I am grateful to be
                                                             here to testify today. It happens to be National Inventors’
                                                               Day. So Happy National Inventors’ Day to all of you.
                                                               The subject of today’ s hearing is important to public research
                                                             universities who work with small businesses to improve their suc-
                                                             cess in three important ways:
                                                               The first one is talent. The most important form of technology
                                                             transfer happens when businesses hire our graduates. When our
                                                             students participate in federal research grants, they benefit by
                                                             learning about scientific discovery, participating in cutting?edge re-
                                                             search, and working in teams. And they bring that knowledge to
                                                             the companies that hire them.




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                                                                The second way that public research universities work with
                                                             small businesses is through innovation, the discovery that gen-
                                                             erates new products, greater productivity, and entirely new indus-
                                                             tries, while solving important social problems.
                                                                Third, universities are important to improving the quality of life
                                                             in their local communities. They generate prosperous economies,
                                                             offer cultural activities, enrich civic life, and partner with local or-
                                                             ganizations to address important community issues. And thriving
                                                             regions are a magnet for the talent that small businesses need to
                                                             innovate and flourish.
                                                                In thinking about the innovation pipeline, we really have to take
                                                             the long view. We cannot always predict what area of basic re-
                                                             search will lead to an invention that transforms our economy, cures
                                                             a widespread disease, or allows us to lead more fulfilling lives.
                                                                Because the benefits of basic research are so diffuse and long
                                                             term, few private sector companies will fund it. And therefore, it
                                                             makes economic sense that basic research is funded by Federal
                                                             agencies. So, maintaining or increasing that Federal basic research
                                                             funding is essential to ensuring that the font of scientific knowl-
                                                             edge that feeds the innovation pipeline continues to flow.
                                                                University researchers are anxious to see their discoveries put
                                                             into practice by businesses. And they often launch their own busi-
                                                             nesses. But before those ideas reach the market, someone has to
                                                             invest in the engineering, design, and market research that is nec-
                                                             essary for commercial success.
                                                                That is why programs like SBIR and STTR are so important.
                                                             They provide funding to help companies work through some of the
                                                             more difficult technical risks, evaluate the market potential, and
                                                             take ideas to the point where the private sector is willing to invest.
                                                                Public and land-grant universities are important sources of both
                                                             ideas and talent to companies who benefit from SBIRs and STTRs.
                                                             Empirical studies of these programs demonstrate that SBIR
                                                             projects that have a connection to a university are more likely to
                                                             be successful commercially.
                                                                And while there are many examples of companies that have suc-
                                                             cessfully used an SBIR grant to commercialize a university tech-
                                                             nology, I will highlight just two here and there are many more pro-
                                                             vided in my testimony.
                                                                The first I will talk about is Solid Power. It is a Louisville, Colo-
                                                             rado company that spun out of the University of Colorado at Boul-
                                                             der and is developing solid state battery technology for the electric
                                                             vehicle market. Its SBIR awards have led to successful funding by
                                                             strategic investors. And so, these Federal investments have not
                                                             only helped us make progress in clean mobility technology but also
                                                             have spurred success for this small company.
                                                                The second is Core Quantum Technologies, a Columbus, Ohio
                                                             firm that developed a method for speeding diagnoses and identifica-
                                                             tion of cancer treatment options. The company’ s founder is Pro-
                                                             fessor Jessica Winter from The Ohio State University’ s College of
                                                             Engineering. She benefitted from Ohio State’ s NSF-funded Ad-
                                                             vance Program which develops the entrepreneurial capacity of
                                                             women faculty. It helped her start her company, win the SBIR
                                                             grant, and connect to additional investors. And that project also il-
                                                             lustrates the importance of programs that diversify STEM fields




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                                                             and provide resources for women, minority, and student
                                                             entrepeneurs so that they, too, can be successful with SBIR and
                                                             with their companies.
                                                                Because as great as they are, SBIR and STTR are not enough.
                                                             Funding for basic research and complimentary programs, like NIH
                                                             Reach, NSF I-Corps, EDA’ s Regional Innovation Strategies, and
                                                             NIST’ s MEP partnership are also important for successful small
                                                             businesses.
                                                                APLU and its member universities are grateful for the Com-
                                                             mittee’ s support for these programs. To see for yourself how our
                                                             universities are supporting the universities’ small business innova-
                                                             tion pipeline, I invite all of you to meet inventors at the Innovation
                                                             and Entrepreneurship Showcase, sponsored jointly by APLU and
                                                             the Association of American
                                                                Universities, on April 28 at 5 PM here in the Rayburn Cafeteria.
                                                             I look forward to seeing you there.
                                                                Chairman CROW. Thank you, Dr. Martin.
                                                                Dr. Mann, you are recognized for 5 minutes.

                                                                                     STATEMENT OF DR. ETHAN MANN
                                                                Mr. MANN. Thank you for inviting me. It is truly an honor to
                                                             be here.
                                                                I want to talk a little bit about Sharklet Technologies, which has
                                                             been a recipient of several SBIR awards over the years. Sharklet
                                                             is a startup company based in Aurora, Colorado, developing novel
                                                             surface textures applied to consumer and medical products to pre-
                                                             vent the spread of germs that cause infections. The novel para-
                                                             digm-shifting concept was the brainchild of Dr. Anthony Brennan,
                                                             a professor of Engineering at the University of Florida in Gaines-
                                                             ville. Dr. Brennan noticed that tiny surface structures impact bio-
                                                             logical response of cells, like bacteria. He noticed also that sharks
                                                             are not susceptible to fouling like whales, manatees, and sea tur-
                                                             tles. When he studied shark skin, he noticed that that specific tex-
                                                             ture is responsible for preventing fouling, and when reproduced on
                                                             plastic surfaces, it is able to prevent the accumulation of bacteria.
                                                                Sharklet has been developing numerous applications for this
                                                             technology now based in Colorado ever since Dr. Brennan’ s origi-
                                                             nal discovery.
                                                                Developing novel innovations for market readiness requires sig-
                                                             nificant investment regardless of the sector involved. Science Direct
                                                             reports that medical device development requires about 7 years to
                                                             go from concept to commercialization, and costs more than $31 mil-
                                                             lion. Biomedical technologies require substantial safety and efficacy
                                                             testing, usually to the molecular level, to satisfy regulatory approv-
                                                             als. Other advanced industry fields are similar due to the intrica-
                                                             cies of the technology. Manufacturing and development steps are
                                                             completed with the utmost scrutiny to ensure consistency and safe-
                                                             ty of the products used by customers.
                                                                Innovations with high likelihood of success are those that have
                                                             been de-risked to the point where certainty of value surpasses the
                                                             risk of failure for these new ventures. More quickly, driving tech-
                                                             nologies to this value inflection step should be the step of tech-
                                                             nology transfer offices around the country. Activity of these offices




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                                                             is critically important to ensure taxpayers are allowed to benefit
                                                             from the technologies they have had a part in funding.
                                                                Offices of technology licensing should be appropriately resourced
                                                             to support the quantities of emerging innovations that are in our
                                                             amazing universities.
                                                                Resources may need to be expanded to track with the fast pace
                                                             of science occurring in these academic research centers. Perhaps
                                                             one of the best examples to support de-risking innovations is the
                                                             SBIR and STTR grant programs which serve to fund proof of con-
                                                             cept and early R&D activities for these innovations. Small busi-
                                                             nesses taking advantage of these mechanisms are at a distinct ad-
                                                             vantage. They have improved their technology and added value
                                                             without selling equity which dilutes investors.
                                                                Delivering technologies to the marketplace provides a value be-
                                                             yond the obvious use of the technology. Supporting small busi-
                                                             nesses and innovation fuels entire community growth. For example,
                                                             the life science industry in Colorado in my home state has been in-
                                                             valuable for the state’s economy. The life sciences industry provides
                                                             more than 30,000 high-paying jobs with an average annual salary
                                                             of more than $89,000. Moreover, these direct jobs lead to estimated
                                                             indirect jobs of about 92,700.
                                                                I sit on the board of directors for the Colorado Bioscience Asso-
                                                             ciation, CBSA. CBSA is a state organization that creates co-oppor-
                                                             tunity for the Colorado life sciences community. CBSA champions
                                                             a collaborative life sciences ecosystem and advocates for a sup-
                                                             portive business climate.
                                                                Workforce collaboration is key to the growth and maturation of
                                                             any industry. CBSA and the life science industry together work to
                                                             cultivate a strong life sciences talent pipeline in Colorado with sev-
                                                             eral different workforce development and skilled training programs
                                                             including various interactive educational experiences, mentoring,
                                                             internships, and workforce skill building.
                                                                And Colorado life sciences companies see the value of engaging
                                                             not only in K-12 but in higher deduction. In fact, Sharklet Tech-
                                                             nologies, for example, engaged with CSU, Colorado State Univer-
                                                             sity, biomedical engineering students each of the last 4 years to
                                                             complete a senior design project as part of their senior-level course
                                                             work. These projects included core components to the Sharklet
                                                             product development activities.
                                                                Support from the Committee on Small Businesses and the Sub-
                                                             committee on Innovation and Workforce Development is critical to
                                                             reduce barriers and ease the ability to bring technologies to life.
                                                                Chairman CROW. Thank you, Dr. Mann. I just love that Colo-
                                                             rado is leading the way on shark-based technologies.
                                                                Dr. Crawford, you are recognized for 5 minutes.
                                                                                STATEMENT OF DR. GREGORY P. CRAWFORD
                                                               Mr. CRAWFORD. Good morning, Chairman Crow, Ranking
                                                             Member Balderson, and Committee members. I truly appreciate
                                                             the opportunity to testify in front of the Committee today.
                                                               Today, I wish to answer how universities and small town Amer-
                                                             ican and rural America can create a vibrant economy based on in-
                                                             novation, creativity, and entrepreneurship.
                                                               I wish to make three points today.




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                                                                First, pulling in innovation that you do not necessarily have to
                                                             grow it at home, but you can pull it into your institution.
                                                                Second, educating innovators for innovation. How technology ac-
                                                             celeration and the global world today requires a new set of skills
                                                             for our students.
                                                                And three, keeping innovators and innovation at home. How do
                                                             we attract talented graduates to stay in small town America and
                                                             work at small companies to create vibrant communities?
                                                                Number one. Pulling innovation into our ecosystem. Oftentimes,
                                                             universities use a push strategy. They invent, they patent, and
                                                             they try to push it out through a startup company and/or license
                                                             it to a big co. We also do that, but we have also started a new kind
                                                             of process and we call it the pull strategy. And pull strategy means
                                                             that we go to our partners and we pull in patents into our eco-
                                                             system and then develop them with our students, faculty, and staff.
                                                                And so, two examples there: We work with Wright-Patterson Air
                                                             Force Base in Dayton, Ohio, and they have over 1,000 patents for
                                                             defense-oriented applications, and we have access to that portfolio
                                                             to try to find commercial applications for their use.
                                                                And second, we work with companies. And so, there may be an
                                                             idle technology that may just be too small for a company developer,
                                                             not on their critical path but then they decide to push it our way.
                                                             We will pull it into our ecosystem and develop it, which is great
                                                             for a small, entrepreneurial company. Entrepreneurship is about
                                                             shots on goal and pulling these patents into our ecosystem is a way
                                                             in which we can accomplish that.
                                                                And three, in the great state of Ohio—got to put a plug in
                                                             there—but working with Lieutenant Governor Husted and also all
                                                             the Ohio public universities, we just created an IP promise in Ohio
                                                             which is a really simple way for companies and universities to
                                                             work together with a very simple agreement and a very simple
                                                             technology transfer contract.
                                                                Second, educating innovators for innovation. Jobs today are not
                                                             blue collar or white collar, but they are new collar jobs. Industry
                                                             4.0 and artificial intelligence is driving change all across our indus-
                                                             tries from biomedicine to advanced manufacturing the materials to
                                                             climate and the environment. And how do we train students in this
                                                             new area? Well, one is to train them in humanics or humanics,
                                                             however you want to call it. And it is the convergence of learning
                                                             a little bit of science and technology, the quantitative aspects, sta-
                                                             tistics and mathematics, but also the humanities. And pulling
                                                             those all together makes somebody actually very robot-proof. I al-
                                                             ways get asked, how do you make sure your students are robot-
                                                             proof in this new world? And I say, the best way to do that is to
                                                             be good at being human first.
                                                                And second of all, we want to educate in entrepreneurship. We
                                                             want students to deal with ambiguity. We want students to fail
                                                             and to use that steppingstone to pivot to something successful. And
                                                             we do that through many different avenues with business plan
                                                             competitions and a top entrepreneurship institute in the country.
                                                             But more importantly, we also put students and they spend a se-
                                                             mester in Silicon Valley where they work at the most innovative
                                                             companies in the world and also take courses out there. And we




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                                                             also have a specific internship program for students to work at
                                                             small startup companies, not just the big cos.
                                                                And third, experiential learning. We just started something I am
                                                             very excited about. It is called the Work Plus program. But we
                                                             place students in our local companies, and they work 24 hours a
                                                             week. They get a salary. Then, that company actually pays off their
                                                             tuition. It is a debt-free education. And one example is
                                                             Thyssenkrupp Bilstein, company in our area which makes shock
                                                             absorbers, and our students are working in their industry 4.0 ro-
                                                             botics laboratory.
                                                                And third, keeping innovators at home. Small and rural towns
                                                             need talent to live, work, play, and enjoy, to build these powerful
                                                             small towns in America. People and ideas are the key to these
                                                             thriving small towns.
                                                                A couple of things that we are doing as we looked at the Depart-
                                                             ment of Ag’ s report by Wojan, and to attract that talent to small
                                                             towns, innovation and creativity was important so the arts was just
                                                             equally as important as the technology side. So, with Oxford, Ohio,
                                                             we work together, and we have a space that we use jointly where
                                                             we have creatives come in. It is called our Center for the Arts. And
                                                             the second floor and third floors have spaces for photographers, ar-
                                                             chitects, artists, musicians, and sculptures, and these sole propri-
                                                             etors actually add to our local economy.
                                                                And the next phase of that is taking a second building on that
                                                             same block and moving towards putting our technologists and
                                                             innovators in there so that we truly combine an innovation block
                                                             in small town Oxford, Ohio, which pulls together both the creatives
                                                             and the technologists in one space and one place.
                                                                And I am so happy to have joining with me today our assistant
                                                             city manager, Jessica Greene.
                                                                That concludes my comments.
                                                                Chairman CROW. Thank you, Dr. Crawford. As a wayward lib-
                                                             eral arts major, I share your passion for the humanities, so.
                                                                I am going to begin by recognizing myself for 5 minutes. And I
                                                             appreciate the opening statements from all of you.
                                                                Let me begin by a comment that Dr. Younger, you had made
                                                             about the difference between accelerators and incubators and just
                                                             direct SBIR/STTR funding and some of the kind of vetting role that
                                                             some of those kinds of intermediary organizations might play. And
                                                             I would like to hear from all four of you.
                                                                Is it your view that more of the funding and more of the support
                                                             should go to kind of some of these intermediate incubators and ac-
                                                             celerators on the ground as opposed to kind of direct funding di-
                                                             rectly to companies and that would be more helpful for folks? Or
                                                             is there kind of a middle ground here?
                                                                Let’ s start with Dr. Younger.
                                                                Mr. YOUNGER. It is a great question. So, the question at hand
                                                             is how do you make that money as rapidly deployable and as ac-
                                                             countable as possible; right? You want the money to succeed. And
                                                             for better or for worse, startups are local endeavors. You can at-
                                                             tempt to be global, but your advisors are likely local. Your first in-
                                                             vestors are probably going to want to visit you on a frequent basis.
                                                             They are not going to be a world away. And so being able to put
                                                             resources right at the spot where the company is starting, I think




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                                                             is really key because everything is going to happen locally, at least
                                                             in the first 6 months to a year. The role that we play is that we
                                                             have the ability of knowing pretty much all the facts on the
                                                             ground. Who is active? Who is doing what? Who do these people
                                                             need to connect with? And that is something that the study sec-
                                                             tions for SBIRs/STTRs just do not have at their fingertips. And
                                                             their ability to evaluate the novelty of the technology is unques-
                                                             tioned, but their ability to sort of very effectively and wisely put
                                                             the money to play quickly is limited. And that is just the nature
                                                             of the beast. So, I think that there is actually a role for using incu-
                                                             bators, not as an alternate sort of recipient of the money but as the
                                                             decider for how that money is going to get deployed most effec-
                                                             tively. And that is the way that I would frame it.
                                                                Ms. MARTIN. I think the important thing to remember in this
                                                             is that each of these places needs to build a complete innovation
                                                             and entrepreneurship ecosystem. And we all have a different role
                                                             to play in that. And each of those pieces needs to be strong. And
                                                             so, I think the answer to that question probably varies depending
                                                             on where you are and where that ecosystem is strong and where
                                                             it might have some weak points. Certainly, capital is a challenge
                                                             for many different companies and many different stages of the de-
                                                             velopment of those companies. So, you know, it is important to re-
                                                             member that we do need to continue to fund basic research to
                                                             make sure we have the basis for those discoveries. Capital and
                                                             mentorship and, you know, the incubators and accelerators are all
                                                             very important, but I think the answer really depends on where
                                                             you are and where the strengths and pain points are.
                                                                Mr. MANN. I think the incubators around the country really
                                                             serve as the support structure for a lot of the ecosystems that these
                                                             small companies exist in. I know in Colorado there is a number of
                                                             incubator-type facilities. Sharklet has been located in the Fitz-
                                                             simmons Innovation Campus for a period of time now and really
                                                             have developed strong relationships with mentors on an unofficial
                                                             basis, but also with the staff at the incubator facility. So, I think
                                                             there is a case to be made for sharing funding with the incubator
                                                             facilities to be able to leverage some of those assets that are kind
                                                             of company agnostic and be able to kind of rapidly deploy those
                                                             systems. But I agree in some cases the companies themselves have
                                                             made the case for what they are doing and could quickly utilize
                                                             those funds as well. So, I would agree that at times the answer is
                                                             kind of both, but there are circumstances where those can be iden-
                                                             tified.
                                                                Mr. CRAWFORD. Thank you. I agree with those statements that
                                                             we should put dollars into the incubators and accelerators and
                                                             greenhouses and so forth. I just do believe in that principle of
                                                             subsidiarity, getting the resources down on the ground where those
                                                             folks can make those decisions that know that area the best. But
                                                             more importantly, I think when you put dollars there, really look
                                                             for that co-investment. And if those dollars are highly leveraged
                                                             with angel investors, venture capitalists, and other city and state
                                                             constituencies and so forth so you get the most bang for your buck
                                                             so to speak.
                                                                Chairman CROW. Thank you.




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                                                                I am going to end my time here and then I will recognize the fill-
                                                             ing in Ranking Member, Mr. Hern, for 5 minutes.
                                                                Mr. HERN. I would like to thank the Chairman. I would like to
                                                             thank the witnesses for being here today.
                                                                As an engineer and a small business owner, former small busi-
                                                             ness owner for 35 years, I certainly understand the value of our re-
                                                             search universities we have around the country and how valuable
                                                             they are to small business.
                                                                With the localities across the United States constantly evolving
                                                             their policies to create environments that are conducive to small
                                                             business growth, research universities help to serve as a significant
                                                             resource for small businesses looking to capitalize on technological
                                                             and entrepreneurial knowledge. This is why I am glad to have such
                                                             great research universities, not only in our district but in our state,
                                                             University of Tulsa, Oklahoma State University, and University of
                                                             Oklahoma. These universities are assets to Oklahomans, and I be-
                                                             lieve it is our job in this Committee to help universities like these
                                                             to continue to have these types of relationships with small local
                                                             business owners.
                                                                As a part of this, I think it is necessary for members of this Com-
                                                             mittee to try to work, and we do this a lot, work in a very bipar-
                                                             tisan way to reduce the onerous regulatory burdens which have
                                                             been placed on these institutions. This is something that I would
                                                             like to spend the remaining amount of my time to ask each of you
                                                             to elaborate, what are the most significant regulatory and adminis-
                                                             trative requirements of federally-funded research programs, and
                                                             what do you think—let’ s talk about that. So, if we could just go
                                                             through, and maybe think in your mind about what some of those
                                                             solutions might be as we go through.
                                                                Dr. Crawford, we will start with you and come this way.
                                                                Mr. CRAWFORD. What I wanted to mention about that is one
                                                             of the areas, you know, I have also started a couple of companies
                                                             based on my inventions, and so I saw it from the side of being a
                                                             professor and trying to struggle to get the intellectual property out
                                                             of the university. And then as a leadership role, actually trying to
                                                             make it a little bit more conducive to great cooperation.
                                                                One of the areas that you see with small businesses and compa-
                                                             nies and so forth is just the complexity of the contracts and so forth
                                                             that have to kind of take place to get that relationship developed.
                                                             And I am going to kind of embellish a little bit here but there will
                                                             be a stack of papers that you put down on the company and here
                                                             at the university and they are like, this is the contract.
                                                                Well, what we did in Ohio is we wanted to kind of crunch that
                                                             sort of piece down into something that was reasonable, a page or
                                                             two, so that we could create these kinds of agreements. And so,
                                                             when there was an interest and an idea coming out of a university,
                                                             a research project, that we could move on it much quicker. We
                                                             were not negotiating over something that may or may not happen
                                                             in the future, but we actually agreed to moving it forward today
                                                             and then coming back to the table when that was successful. And
                                                             so I think from that perspective of always having sort of something
                                                             simple and that is easy to understand and moving forward that you
                                                             can actually pull together the company and the university and get




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                                                             things off the ground much quicker than I think we ever could in
                                                             the past.
                                                                Mr. HERN. Thank you.
                                                                Dr. Mann?
                                                                Mr. MANN. Yeah. I think your point is well brought. I think that
                                                             certainly as a small company is starting off and licensing and tech-
                                                             nology or developing and technology, they have to think not only
                                                             in that short window but they have to think, you know, 10 years
                                                             down the road when they are trying to exit to a strategic or dis-
                                                             close things publicly. So, all of the agreements have to accommo-
                                                             date that.
                                                                I would take, maybe as an example, something like the Bayh-
                                                             Dole Act has provisions in it that are extremely ambiguous that are
                                                             challenging for even legal counsel with a small business to be able
                                                             to understand some of the restrictions associated with how the use
                                                             of Federal funding and productization occurs. And so just simple
                                                             ambiguity can lead to stacks of legal agreements where you have
                                                             to be able to decide around how you are going to handle ambiguity.
                                                                So, from a simplistic sense, perhaps even looking at the current
                                                             regulations and providing more detail for what is trying to be ac-
                                                             complished could be dramatically impactful for small businesses.
                                                                Mr. HERN. Thank you.
                                                                Dr. Martin?
                                                                Ms. MARTIN. Thank you, Congressman Hern.
                                                                I would just say that developing patents is very expensive, and
                                                             it is really important that our institutions be able to defend those
                                                             patents in court. And so, I will follow up with you in writing on
                                                             other aspects of the regulatory system that our institutions might
                                                             need some relief with. But I would just like to mention that it is
                                                             very important that companies be able to defend their patents in
                                                             court because not only is it expensive, but getting a patent also
                                                             makes it much more likely that that company will be successful in
                                                             getting venture capital.
                                                                Mr. HERN. Thank you.
                                                                Dr. Younger, I am sorry, but I have got to close out here. But
                                                             I just want to take your thoughts, and I know you have got great
                                                             thoughts there, and encapsulate those in this Committee as we go
                                                             forward and looking at how we continue to do what I like to say
                                                             is, you know, when I ran for this office, was to get government out
                                                             of the way so we can help entrepeneurs create jobs and put Ameri-
                                                             cans to work. I have said that statement so many times and this
                                                             is a classic example of people who are right in the fray, especially
                                                             when you have been on both sides of this you know exactly what
                                                             to do. And so I have also been one to claim that a lot of people talk
                                                             about a lot of things in Congress they know nothing about, so it
                                                             is always refreshing to come to this Committee because we always
                                                             have great witnesses that are either nonpartisan or bipartisan in
                                                             what they are trying to get accomplished. So, thank you so much
                                                             for being here.
                                                                And Mr. Chairman, I yield back.
                                                                Chairman CROW. Thank you, Mr. Hern. Appreciate your com-
                                                             ments and questions.




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                                                                So now the gentleman from New Jersey, Mr. Kim, who is also
                                                             the Chairman of the Subcommittee on Economic Growth, Tax, and
                                                             Capital access is recognized for 5 minutes.
                                                                Mr. KIM. Thank you, Chairman. I am really glad we have an op-
                                                             portunity to talk about this issue. I represent a district in South
                                                             Jersey and the Shore, Burlington County, Ocean County, about
                                                             120,000 small businesses in that area. And I am trying to think
                                                             about not just where my district is tomorrow or next year but what
                                                             do we think our district is going to look like 20, 30 years from now
                                                             when my kids are adults, and what is it going to look like at that
                                                             point? So, I am trying to piece this together. We have some great
                                                             assets. We have a joint military base on the district, a lot of inno-
                                                             vation happening there and other things. But we do not necessarily
                                                             have sort of a top research university. And I guess some of my
                                                             thinking is, you know, Dr. Younger, you are right across the bridge
                                                             from us, so you are maybe familiar with our area. I guess what I
                                                             am trying to get a sense of is I have a deep respect for the work
                                                             that your organization does, the partnerships that your organiza-
                                                             tions have with the universities. What about places that are more
                                                             suburban and rural? I think Dr. Crawford, you kind of got to some
                                                             of this. But I am trying to think about this. Is that model Dr.
                                                             Younger of what your organization is doing, how can that be rep-
                                                             licated, or should it be replicated in places that might not have a
                                                             top research-type university? Are there examples of how this part-
                                                             nership has happened with community colleges or other types of
                                                             examples? I would just love to get your thoughts on that.
                                                                Mr. YOUNGER. That is a great question.
                                                                So, for the record, the Science Center now has relationships with
                                                             four out of five research institutions in New Jersey, and we love
                                                             working with them. There is quite a spectrum of talent there. So,
                                                             I think that some of these issues come down to sort of population
                                                             density. How many people are around to come up with new ideas?
                                                             How many people are there to work in new companies? How many
                                                             people around that potentially serve in the capacity of angel inves-
                                                             tors?
                                                                But I think that in the end I do not believe that a research uni-
                                                             versity is absolutely a requirement for making something remark-
                                                             able happen. And I think the Miami example is just right. I grew
                                                             up in a little town in Missouri. Things can be innovative in lots of
                                                             different places. I think what you need is you need local cham-
                                                             pions. So, you need folks who are really going to stand up and try
                                                             to make something happen. You need imaginative capital that can
                                                             come in from potentially a farther distance than you would other-
                                                             wise expect that can make the trip and come in and try to support
                                                             things. And you need founders who can have a pretty broad sense
                                                             of sort of what region are they in. Right? So, am I in Cape May
                                                             or am I on the East Coast; right? And that is a mindset that really
                                                             matters, that makes a difference. But I do not really think that
                                                             there is any reason to believe that—institution is required for
                                                             something remarkable to happen. I think things can happen in lots
                                                             of different capacities if you have the right resources.
                                                                Mr. KIM. Well, I certainly hope so. And our district, certainly a
                                                             lot of innovation going on there but I think, you know, some of the
                                                             points you mentioned about the local champions, the founders, a lot




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                                                             of it also comes down to just, you know, the sheer infrastructure,
                                                             ensuring that we have the broadband infrastructure and the other
                                                             types of just sheer capacity components.
                                                                Dr. Crawford, I would not mind getting some of your further
                                                             thoughts on this type of approach.
                                                                Mr. CRAWFORD. That is actually a great question, and I grew
                                                             up on the track of, you know, Ph.D. programs, post-docs, inventing
                                                             things, patents and spinning things out of the university. But as
                                                             I have been in this career now for over 25 years in academics and
                                                             seeing what is happening today, you know, it is quite interesting
                                                             because it is not necessarily the sole property of graduate students,
                                                             faculty, and post-docs anymore. But we are seeing undergraduates
                                                             come in because they can do an app. They can do coding. They can
                                                             do all kinds of great things. And I think if you put more emphasis
                                                             on looking at some of that talent, they are younger in their career,
                                                             of course, but they can just do some spectacular things. It may not
                                                             be a farmer or the billion-dollar molecule, but it can be some great,
                                                             neat things going on.
                                                                And we are doing it in Ohio to building up a network of univer-
                                                             sities and putting their entrepreneurship centers together. We are
                                                             on our path for doing that. And I do think that one of the things
                                                             that we should all be thinking of, too, is just going down in that
                                                             pipeline of the training of undergraduates, also going into the high
                                                             schools, because some may not go to college and some may become
                                                             plumbers or electricians or what have it, but the entrepreneurial
                                                             skillset is going to be very important to them. So, trying to figure
                                                             out ways which you can train high school students and making
                                                             sure your local community colleges and local undergraduate insti-
                                                             tutions can also play a role in this very vibrant and accelerating
                                                             economy.
                                                                Mr. KIM. I think that is right. I mean, look, we pride ourselves
                                                             in New Jersey for having top public schools, K-12, and having de-
                                                             veloped that kind of workforce, but we also see such an exodus of
                                                             that young talent going to other places. And I think for me, I am
                                                             really trying to get to this understanding that, you know, innova-
                                                             tion is what you do, not where you do it. And how do we then try
                                                             to have that sense of spreading that out and not just further, you
                                                             know, siloing our society in terms of where innovation and that
                                                             type of technology can be done. So, I appreciate your thoughts.
                                                                Chairman, I yield back.
                                                                Chairman CROW. The gentleman yields back.
                                                                I now recognize the gentleman from Pennsylvania, Dr. Joyce, for
                                                             5 minutes.
                                                                Mr. JOYCE. Thank you, Mr. Chairman.
                                                                What a great presentation you have brought to the table today.
                                                                Dr. Younger, I, too, come from a medical background, and having
                                                             trained at Temple University School of Medicine, my wife at Drexel
                                                             University School of Medicine. And I find it really fascinating that
                                                             you are here today with a background in emergency medicine and
                                                             talking from the city with an incredible history in medicine. And
                                                             bringing that forward into these discussions. You and I recognize
                                                             that Pennsylvania has more medical schools than any state in the
                                                             union. And with the addition of another medical school in 2022 at
                                                             Duquesne in Pittsburgh, that will even be further expanded.




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                                                                Would you please comment on the importance of you setting up
                                                             a program in West Philadelphia, really in the hub of medical
                                                             science in the northeast?
                                                                Mr. YOUNGER. Sure. So, Philadelphia is remarkable. Pennsyl-
                                                             vania is remarkable. I just got back from Pittsburgh. It is a re-
                                                             markable commonwealth.
                                                                I think that we are trying to do some heavy lifting; right? We are
                                                             trying to do some difficult things. There is amazing technology.
                                                             There are diseases that will be gone in my career that are going
                                                             to come out of West Philadelphia. There is no question about that.
                                                             Treatments are going to be just remarkable.
                                                                We are trying to find out how do we take this idea forward?
                                                             There is a traditional model. The Science Center is trying to inno-
                                                             vate at the same time that we are trying to support people. We are
                                                             in some ways a startup like a lot of our startups are in trying to
                                                             figure out what is the best path to try to make some of these things
                                                             happen? I spend a lot of my day in that regard.
                                                                I think if there was one thing I could do to the physicians in
                                                             Pennsylvania, the physicians, the academic scientists everywhere,
                                                             is I would look for a way to lower the boundary by which someone
                                                             can do what I did, which is to do the math and say I am going to
                                                             be okay leaving the university to go try to launch an idea. The
                                                             math is very much against that move; right? Having a tenured po-
                                                             sition. Having a clinical practice. There is hardly any reason to go
                                                             innovate because you are pretty well taken care of. And I think
                                                             that if there is one thing this Subcommittee can do is to look at
                                                             existing policies and regulations and say how can we make it so
                                                             that that balance is a little bit more in favor of people taking a
                                                             shot as opposed to staying in their sort of usual position. And I
                                                             think I have some great ideas I can follow up on that but I think
                                                             that one of the things that we are trying to do is there is a lot of
                                                             talent sitting in universities that is most comfortable there but that
                                                             might be most impactful outside. And I would love to think about
                                                             ways in which simple things could be implemented to allow people
                                                             to take a shot coming out of university to try to make a remarkable
                                                             thing happen.
                                                                Mr. JOYCE. Do you think your background, the presence of a
                                                             strong science base allows for innovation in a different line than we
                                                             might traditionally see in engineering or in math?
                                                                Mr. YOUNGER. Perhaps. I guess the proof of the pudding is in
                                                             the eating. We will see. I think I have a fairly broad technical
                                                             background and so I think I try to put my skills to use wherever
                                                             I can. But I think clearly just physicians, just engineers, just physi-
                                                             cists, that is not enough. I think the crossover is where amazing
                                                             things happen, and it requires people to be relatively flexible in
                                                             how they define their backgrounds.
                                                                Mr. JOYCE. What can we see in students in training these days?
                                                             What can we expect? How can we raise that bar so that the stu-
                                                             dents that you work with, the innovators that we will see tomor-
                                                             row, how can they be better prepared?
                                                                Mr. YOUNGER. So I think two things. One was alluded to here
                                                             before which is just embracing ambiguity; right? Being able to
                                                             work in very uncertain circumstances is a great skill. Frankly, just
                                                             personally I will say that numeracy matters, and we train a lot of




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                                                             folks in a lot of skills but just being able to quantitatively think
                                                             about problems I think is something that always needs sort of re-
                                                             emphasis. But I think those two points would be the ones that I
                                                             would say deserve a lot of respect.
                                                                Mr. JOYCE. Thank you.
                                                                I yield the rest of my time.
                                                                Chairman CROW. Thank you. The gentleman yields back.
                                                                I will now recognize the gentlelady from Pennsylvania, who is no
                                                             stranger to entrepreneurship and starting and growing businesses,
                                                             is now recognized for 5 minutes.
                                                                Ms. HOULAHAN. Thank you. And I am really appreciative, Dr.
                                                             Joyce, of your conversation as well. Philly is where it is definitely
                                                             happening. And I am from just outside of Philadelphia as well and
                                                             I am going to carry on with your line of questioning as well as with
                                                             Mr. Kim’ s line of questioning because I have been struck by in the
                                                             couple years that I have been running for Congress and now the
                                                             one that I have been here how many people I meet who say, oh,
                                                             yeah, I am from Philadelphia, or yeah, I am from Pittsburgh, but
                                                             yet they are not there anymore. And I really want to figure out not
                                                             just for my community, for Philadelphia, for Pennsylvania, and for
                                                             Pittsburgh, why that is happening but also for places all over our
                                                             country where people are going to places like the Silicon Valley or
                                                             like Boston with the talent that they have learned and gained from
                                                             places like Pittsburgh and places like Philadelphia because there
                                                             is definitely a brain drain going on and I am trying to figure out
                                                             as an entrepreneur who came to Philly and stayed in Philly, you
                                                             know, how do we make that happen more?
                                                                And so, I would like to dig in a little bit more on what Dr. Joyce
                                                             was asking, which is how do you incentivize people to take their
                                                             shot?
                                                                I was very, very fortunate because I had a ROTC scholarship and
                                                             then I had a research assistantship first at Stanford and then at
                                                             MIT. I ended up coming out with no debt from both of those experi-
                                                             ences, and that allowed me to take chances and allowed me to take
                                                             a shot at being entrepreneurial. And I just wonder if you could dig
                                                             a little bit deeper, first Dr. Younger and then anybody else who
                                                             would like to answer, what can we do to provide more incentive for
                                                             people to not be scared?
                                                                Mr. YOUNGER. So I think it is mostly leading by example;
                                                             right? I think that it is a process that takes time. You need to have
                                                             some local success. There need to be some high visibility successes.
                                                             And I think that you need to have the ability of folks who under-
                                                             stand that going into an early stage company is a career path that
                                                             actually counts.
                                                                I am a very big proponent of having greater influence of busi-
                                                             ness, but frankly, small business in really sort of core university
                                                             processes, like when a training grant is under evaluation at the
                                                             NIH, should there be folks who represent more of an industrial
                                                             perspective looking at the science and the training programs? So,
                                                             if we are going to be training people to go into biotechnology com-
                                                             panies or go into engineering technology companies, should there
                                                             be company representation in evaluating what those training pro-
                                                             grams look like? I think it is a great question, and if you make
                                                             small changes to the curriculum, then these decisions to go into




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                                                             early stage companies become much more reflexive. It just seems
                                                             like a natural thing to do because your training curriculum has fo-
                                                             cused on this idea of how to innovate and how to move quickly into
                                                             a new idea.
                                                                So, I think that there are processes that go all the way back to
                                                             make students more comfortable in making a decision to do some-
                                                             thing fairly risky right out of the gate. So, I think that is certainly
                                                             part of it. But then once they are out, how do you prevent local
                                                             brain drain? That is outside of my wheelhouse. I will not make
                                                             much of a shot at that except to say I think examples count; right?
                                                             And once you can stand up someone, you know, if you can sit down
                                                             and have coffee with someone who has pulled it off, then it looks
                                                             like something that can exist and then you can move on.
                                                                Ms. HOULAHAN. So I say this a lot as a woman and as a STEM
                                                             professional, you cannot be what you cannot see. If nobody is there
                                                             that you can see, and you cannot look at success then it makes it
                                                             pretty easy for you to go somewhere else.
                                                                And I am interested in also Dr. Crawford, you know, what role
                                                             do universities play in trying to create those centers of gravity and
                                                             trying to capture people’ s minds and attention so that they stay?
                                                                Mr. CRAWFORD. That is a great question. I know our grad-
                                                             uates, they are pretty enthusiastic, and they want to go to the right
                                                             and left coast, or they want to go to Austin, Texas, or Chicago, Illi-
                                                             nois. And we obviously would love to keep them in Oxford. And I
                                                             do think that ag report that I mentioned in the beginning by Wojan
                                                             about bringing the creativity, creatives together along with the
                                                             technologists can actually build more of a vibrant community
                                                             around small towns rural America where you can actually keep
                                                             and attract that talent to kind of stay locally.
                                                                I do think also following up on the other remarks, it is impor-
                                                             tant, I think, for us to see that you can be an entrepreneur early
                                                             on in people’ s thinking. I think in some cases, by the time you go
                                                             through graduate school—undergraduate, grad school, you may go
                                                             to medical school or whatever—you are already thinking about how
                                                             to pay off your debt and how to do all these different things. And
                                                             you have a car and a house and so forth but that seed early on in
                                                             the education is great. And I think there is no better experience
                                                             than an entrepreneurial experience as an undergraduate where you
                                                             get in there and you can fail a bunch of times and nothing matters
                                                             and you have all the support of professors around you. And so, I
                                                             think the more that we can offer those experiences it will get that
                                                             mindset going so that when they do graduate, they will think about
                                                             something on more of a startup rather than the status quo.
                                                                Ms. HOULAHAN. Yeah. And I only have 7 seconds. I just want
                                                             to emphasize the importance of it is easy to create opportunities to
                                                             dream, but if you do not provide places and pathways for the peo-
                                                             ple to do that and also the freedom to be able to dream where you
                                                             are not burdened by so much debt that you cannot make good
                                                             choices, we need to work on that, and I would look forward to
                                                             working with our Small Business Committee on those particular
                                                             issues as well.
                                                                I yield back.
                                                                Chairman CROW. Thank you. The gentlelady yields back.




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                                                                And now I recognize the gentleman from Tennessee, whose own
                                                             experience starting and running businesses adds a lot to the depth
                                                             of this Subcommittee as well. Mr. Burchett, you are recognized for
                                                             5 minutes.
                                                                Mr. BURCHETT. Thank you, Mr. Chairman. I think my business
                                                             knowledge is sort of like my stock knowledge. If you see me invest
                                                             in something, do not or short it and then you will come out on top.
                                                                I want to thank you all so much. And Mr. Ranking Member, who
                                                             really is not the Ranking Member but is sitting in the chair, thank
                                                             you for your hard work.
                                                                And this is the part where I praise the Chairman for our bipar-
                                                             tisan work on our two bills, but I will just sort of leave that up to
                                                             the historians to figure out what those two bills are because their
                                                             names are very long. But I do appreciate you, brother. We work
                                                             very close on them and dealing with technology.
                                                                I have questions for the panel. I will just kind of throw it out
                                                             there. And I appreciate academia. My parents were lifelong edu-
                                                             cators. Have a degree in education, and so I appreciate all the re-
                                                             search and things that you all have been a part of.
                                                                What are the biggest barriers to technology transfer from Feder-
                                                             ally funded laboratories and universities to the private sector?
                                                                This is totally off the record, so just go ahead and speak your
                                                             mind.
                                                                Ms. MARTIN. Thank you, Congressman.
                                                                I would say that first of all, developing intellectual property is
                                                             very expensive. And many of our universities are under resourced
                                                             in their technology transfer offices. Of all of the ideas that are dis-
                                                             closed to universities every year, only a small fraction of them are
                                                             developed because this process is so expensive. So that is one bar-
                                                             rier.
                                                                The second, of course, is the capital that is not always available
                                                             in order to develop those technologies into commercializable ideas.
                                                             And certainly, programs like SBIR and STTR are important for
                                                             that early stage funding when the private sector is not yet willing
                                                             to invest because it is too risky. But there is also capital that is
                                                             needed before a small business is formed and so it is not yet eligi-
                                                             ble for SBIR. So what they call phase zero programs, like the NIH
                                                             Reach program are also important because it helps the faculty de-
                                                             velop the technology a little bit more to the point where they are
                                                             able to form a small business and apply for an SBIR and STTR
                                                             program.
                                                                So, as I mentioned earlier, these complementary programs to
                                                             SBIR and STTR are also important, as well as continuing to fund
                                                             our basic research.
                                                                Mr. MANN. Yeah, I think to that I would just add, you know,
                                                             as someone who has dealt with license agreements that were put
                                                             together 10 years ago and probably had 10 or 12 amendments,
                                                             maybe more than one a year, and looked at licensing additional
                                                             technologies, I think one of the components that you deal with in
                                                             a technology transfer or licensing office is that those offices are not
                                                             aligned with the same levels of success as what the small busi-
                                                             nesses, meaning that those offices are essentially protecting a polit-
                                                             ical capital by making sure that they do not miss an opportunity
                                                             on some unicorn; right? So, nobody wants the Gatorade story. So




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                                                             then when you go through a licensing conversation with somebody,
                                                             it is very challenging to be able to get broad terms that are going
                                                             to be supportive of raising capital and developing a technology, and
                                                             not necessarily knowing where you are going to end up but that
                                                             you are going to end up somewhere valuable.
                                                                And so, I think that maybe merging what a technology transfer
                                                             office’ s interest is would be critical. And perhaps part of the way
                                                             to do that is their resources are so restrictive that they only get
                                                             to pick a few winners a year. So, they do not want to miss, so they
                                                             have got to pick what is going to be the Gatorade. What do I not
                                                             want to miss, is what is going to be some billion-dollar unicorn? Be-
                                                             cause if it comes out that we passed on some unicorn, you know,
                                                             then we are in real trouble.
                                                                Mr. YOUNGER. Yeah, I would just add, I cannot say that better.
                                                             I think the reason why university is pursuing intellectual property
                                                             is different than the way a small business pursues intellectual
                                                             property. The small business is having that intellectual property
                                                             pulled by market forces. The university is pushing that intellectual
                                                             property to protect sort of academic assets. Both of them are legiti-
                                                             mate behaviors but they are just very different. And so that is why
                                                             I think you see an accumulation of IP in universities where you
                                                             would never see that kind of accumulation of unused IP inside of
                                                             a business.
                                                                Mr. BURCHETT. All right. My wife is very supportive of me and
                                                             my crazy inventions. She always says, baby, I am sure somebody
                                                             laughed at the pool noodle. You know, if you have got a pool, you
                                                             have got a pool noodle. And they cost like 6 bucks, and I am sure
                                                             they were probably just some insulation on a pipe somewhere and
                                                             somebody took one home, some plumber and their kid was swim-
                                                             ming around in a pool somewhere. So, there you go.
                                                                What is the best way to measure the economic impact of univer-
                                                             sity R&D? Is there a way to do it? I get aggravated sometimes, and
                                                             I am running out of time and I have got a great story, but I will
                                                             tell it later. You can read it in my book. But go ahead one of you
                                                             all quickly.
                                                                Chairman CROW. Yeah, I will extend. I will extend for a few
                                                             minutes so you can answer the question.
                                                                Mr. BURCHETT. Thank you, Mr. Chairman. I appreciate your
                                                             effort at bipartisanship.
                                                                Should I tell my story now or should they read it in my book?
                                                                Chairman CROW. I am not going to extend it for the story, but
                                                             I will extend it for the answers.
                                                                Mr. BURCHETT. Okay. All right. Well played, Mr. Chairman.
                                                             Well played. And I appreciate the cameraman occasionally taking
                                                             the camera of me because my nose was really itching back there
                                                             and I could not scratch it because, you know. Go ahead.
                                                                Ms. MARTIN. Well, that is a tough act to follow.
                                                                I would just say that the long-term impact of university R&D is
                                                             a very difficult thing to measure. In fact, I was asked once if I
                                                             would do that for my dissertation and I said I will move on to the
                                                             next subject now, please.
                                                                You need to look at long-term growth of industries. There are en-
                                                             tire industries that have grown from university R&D. The most re-
                                                             cent winner of the Nobel Prize in Chemistry developed the lithium




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                                                             ion battery that we are all carrying around in our pocket. And you
                                                             do not always know where that impact will be. And so, it is a very
                                                             difficult nut to crack. We try to do it; the Association of University
                                                             Technology Managers has some measures that we can track that
                                                             are useful metrics. But you have to look at the whole equation and
                                                             how universities and the companies that they spin off affects their
                                                             communities in the long run.
                                                                Mr. BURCHETT. Thank you, Mr. Chairman.
                                                                Chairman CROW. Thank you. The gentleman’ s time has ex-
                                                             pired.
                                                                So, I am going to thank all the witnesses for coming in and tak-
                                                             ing time away from your busy schedules to share all your experi-
                                                             ence and your knowledge with us. I think this is one of the most
                                                             bipartisan Committees in Congress as a matter of fact. We pride
                                                             ourselves on that because these are not political issues; these are
                                                             issues that I think we can do a lot of great work on and we have
                                                             been. And I think we also pride ourselves on this Committee that
                                                             we have passed over 30 bills I think in the past year unanimously
                                                             out of the Small Business Committee. So, we have some great ideas
                                                             that we continue to hear in hearings like this that we will follow
                                                             up and take some action on. And to the extent that you have addi-
                                                             tional information to supplement your testimony, we would love to
                                                             receive that through the staff so that we can have discussions
                                                             about what we can do to kind of fulfill our dual purpose. As Mr.
                                                             Hern mentioned, I think we all share this view that we have a dual
                                                             purpose here. One is to kind of reduce barriers and kind of get red
                                                             tape and bureaucracy out of the way of innovation when it is nec-
                                                             essary when we can do that. And as a matter of fact, the broader
                                                             Committee merged two programs in the Federal Government last
                                                             year to make it easier for veterans to certify their own small busi-
                                                             nesses and reduce some barriers and red tape. And I think that is
                                                             a great example of us working together to make things easier for
                                                             folks.
                                                                But the secondary purpose is really finding ways to promote and
                                                             boost up and where government can get involved in a positive way
                                                             through very directed funding to accelerate and to help businesses
                                                             through the ‘‘valley of death’’ or other difficult areas where the
                                                             market does not necessarily work perfectly but where there might
                                                             be tremendous innovations that can benefit all of us as a society.
                                                             And if we can shepherd those through very targeted investments,
                                                             we want to find ways to do that.
                                                                So, we appreciate you all sharing your time and experiences with
                                                             all of us.
                                                                And I would ask unanimous consent that members have 5 legis-
                                                             lative days to submit statements and supporting materials for the
                                                             record.
                                                                Without objection, that is so ordered.
                                                                And if there is no further business to come before the Committee,
                                                             we are adjourned.
                                                                [Whereupon, at 11:13 a.m., the subcommittee was adjourned.]




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                                                                                                   APPENDIX




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