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TechLink – Study shows cooperative research with military labs driving billions in economic growth
September 18, 2019 /
An economic impact study released Tuesday demonstrates the powerful effect that cooperative research and development projects with Department of Defense laboratories have on U.S. businesses, the American economy, and national defense.
The study, a first-of-its-kind pilot for the DOD, shows that the U.S. businesses that created new or improved products and services through cooperative research and development agreements (CRADAs) at three representative DOD research laboratories contributed $23 billion to the U.S. economy between 1996 and 2018, supporting 118,929 jobs.
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