Let me tell Members what industry says about the Advanced Technology Program, just a few things. The Institute of Electrical and Electronic Engineers continues its strong support for the ATP program. A significant amount of progress in technology transfer is the direct result of the ATP programs. These programs illustrate that government participation in the R&D arena can be both efficient and productive. The American Chemical Society: ATP support of market incentives encourages companies to invest for the long term in high-risk, high-payoff technologies. The American Electronics Association: ATP is based on government and industry cooperation and the development of technologies critical to America's long-term ability to compete in the global marketplace. The South Carolina Research Authority in Columbia, SC: By supporting research in high-risk, leading-edge technology, the ATP is advancing the state of the art, contributing to the growth of our economy.
Editor's note · Context
Defending the Advanced Technology Program during a committee discussion.
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