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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 15 U.S.C. § 3720 Office of Innovation and Entrepreneurship us united_states_code code_section 15 COMMERCE AND TRADE 63 TECHNOLOGY INNOVATION 3720 15 U.S.C. § 3720 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc15@119-100.zip /us/usc/t15/s3720 data/legal/raw/us/code/title-15/usc15.xml bb999814591f19fb753112f53399c1dc14d7b3706e4c54468d8f7b398ffda6ff 6982338d990ef19d6b52bff6825089bdd6d0ee1233d9382673faf533decd5059 3c5d5f6849d9faaac5234858dd0dc86bb0df4b2f16a0b03f7c39256ad6f88e79 2026-07-04 official
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15 U.S.C. § 3720 - Office of Innovation and Entrepreneurship

Text

(a) In general The Secretary shall establish an Office of Innovation and Entrepreneurship to foster innovation and the commercialization of new technologies, products, processes, and services with the goal of promoting productivity and economic growth in the United States.

(b) Duties The Office of Innovation and Entrepreneurship shall be responsible for—

(1) developing policies to accelerate innovation and advance the commercialization of research and development, including federally funded research and development;

(2) identifying existing barriers to innovation and commercialization, including access to capital and other resources, and ways to overcome those barriers, particularly in States participating in the Experimental Program to Stimulate Competitive Research;

(3) providing access to relevant data, research, and technical assistance on innovation and commercialization;

(4) strengthening collaboration on and coordination of policies relating to innovation and commercialization, including those focused on the needs of small businesses and rural communities, within the Department of Commerce, between the Department of Commerce and other Federal agencies, and between the Department of Commerce and appropriate State government agencies and institutions, as appropriate; and

(5) any other duties as determined by the Secretary.

(c) Advisory committee The Secretary shall establish an Advisory Council on Innovation and Entrepreneurship to provide advice to the Secretary on carrying out subsection (b).

(Pub. L. 96480, § 25, as added Pub. L. 111358, title VI, § 601, Jan. 4, 2011, 124 Stat. 4026.)