15 C.F.R. § 1160.21 Definitions.
Title 15 - Commerce and Foreign Trade
(a) Strategic Partnerships. Strategic Partnerships are multi-industry teams of firms and others formed to create and commercialize proprietary technologies, especially large scale enabling technologies, using a systems management approach. The design of and participants in a specific partnership will be solely at the discretion of the private sector. However, since these partnerships will be most effective when comprised of firms which can share proprietary information, it will probably be most useful if there are no competitors in the venture. (b) Large Scale Enabling Technologies. Large Scale Enabling Technologies are technologies that are too complex and costly for a single firm to create and that have more potential applications than a single firm or a single industry can readily exploit. In some cases investments in these technologies may only be recouped if the results are used in several applications, often in different industries. Since speed of recoupment is often critical to continued competitiveness, it is often essential that multiple major applications are introduced simultaneously. [56 FR 41282, Aug. 20, 1991; 56 FR 51257, Oct. 10, 1991]
Title 15: Commerce and Foreign Trade
PART 1160—PRODUCTIVITY, TECHNOLOGY AND INNOVATION
Subpart B—Strategic Partnership Initiative
§ 1160.21 Definitions.
