Technology Transfer Commercialization Act of 1998

[AI summary unavailable — showing source text] Technology Transfer Commercialization Act of 1997 - Amends the Stevenson-Wydler Technology Innovation Act of 1980 to revise requirements regarding enumerated authority under a cooperative research and development agreement. Amends Federal law to repeal provisions relating to restrictions on the licensing of federally owned inventions and replaces them with new provisions which, among other things: (1) authorize Federal agencies to grant exclusive or partially exclusive licenses on federally owned inventions under certain circumstances; and (2) give first preference for the granting of such licenses to small business firms having equal or greater likelihood as other applicants to bring the invention to practical application within a reasonable time. Revises public notification requirements.…