Page:United States Statutes at Large Volume 124.djvu/4042

124 STAT. 4016 PUBLIC LAW 111–358—JAN. 4, 2011 things, promote the progress of science, to advance the national health, prosperity, and welfare, and to secure the national defense; (2) the Foundation is the funding source for approximately 20 percent of all federally supported basic research conducted by America’s colleges and universities, and is the major source of Federal backing for mathematics, computer science and other sciences; (3) the America COMPETES Act of 2007 helped rejuvenate our focus on increasing basic research investment in the phys- ical sciences, strengthening educational opportunities in the science, technology, engineering, and mathematics fields and developing a robust innovation infrastructure; and (4) reauthorization of the America COMPETES Act should continue a robust investment in basic research and education and preserve the essence of the original Act by increasing the investment focus on science, technology, engineering, and mathematics basic research and education as a national pri- ority. (b) SENSE OF THE CONGRESS.—It is the sense of the Congress that— (1) the National Science Foundation is the finest scientific foundation in the world, and is a vital agency that must support basic research needed to advance the United States into the 21st century; (2) the National Science Foundation should focus Federal research and development resources primarily in the areas of science, technology, engineering, and mathematics basic research and education; and (3) the National Science Foundation should strive to ensure that federally-supported research is of the finest quality, is ground breaking, and answers questions or solves problems that are of utmost importance to society at large. SEC. 520. ACADEMIC TECHNOLOGY TRANSFER AND COMMERCIALIZA- TION OF UNIVERSITY RESEARCH. (a) IN GENERAL.—Any institution of higher education (as such term is defined in section 101(A) of the Higher Education Act of 1965 (20 U.S.C. 1001(a))) that receives National Science Founda- tion research support and has received at least $25,000,000 in total Federal research grants in the most recent fiscal year shall keep, maintain, and report annually to the National Science Foundation the universal record locator for a public website that contains information concerning its general approach to and mecha- nisms for transfer of technology and the commercialization of research results, including— (1) contact information for individuals and university offices responsible for technology transfer and commercialization; (2) information for both university researchers and industry on the institution’s technology licensing and commercialization strategies; (3) success stories, statistics, and examples of how the university supports commercialization of research results; (4) technologies available for licensing by the university where appropriate; and Reports. Deadline. Web site. 42 USC 1862p–10.