<P> The National Technology Transfer and Advancement Act (NTTAA; United States Public Law 104 - 113) was signed into law March 7, 1996 . The Act amended several existing acts and mandated new directions for federal agencies with the purpose of: </P> <Ul> <Li> bringing technology and industrial innovation to market more quickly </Li> <Li> encouraging cooperative research and development between business and the federal government by providing access to federal laboratories </Li> <Li> making it easier for businesses to obtain exclusive licenses to technology and inventions that result from cooperative research with the federal government </Li> </Ul>

National technology transfer and advancement act of 1995