"USDA has a proven track record of performing research that has tangible benefits for the American public, and studies have found every dollar invested in agricultural research returns $20 to our economy," said Secretary Vilsack. "USDA is now accelerating the commercialization of federal research, and government researchers are working closely with the private sector to develop new technology and transfer it to the marketplace."
USDA received 83 patents in Fiscal Year 2014, up from 51 patents in 2013. USDA filed 119 patent applications and disclosed another 117 new inventions, which may lead to future patents and are detailed in the Department's 2014 Annual Report on Technology Transfer release. Helping drive these innovations, USDA has 267 active Cooperative Research and Development Agreements with outside partners, which includes Universities, and other organizations, and more than 100 small businesses. The USDA's technology transfer program is administered by the Agricultural Research Service (ARS), USDA's principal intramural scientific research agency.