college and university innovation research

college and university innovation research Sec. 114. The Director shall prepare and submit, not later than March 1, 1989, a report to the Committee on Labor and Human Resources and Committee on Commerce, Science, and Transportation of the Senate, and the Committee on Science, Space, and Technology of the House of Representatives on assisting academic researchers at a wide range of colleges and universities, including smaller institutions and institutions which do not traditionally 102 STAT. 2871receive Federal research funds, to pursue high-quality research of economic potential. The report shall— (1) describe the procedures, terms, and conditions necessary for the establishment of a program patterned after the Small Business Innovation Research program to assist college and university faculty to pursue research of economic potential; (2) analyze the feasibility of establishing funding recoupment mechanisms to offset the cost of such assistance; and (3) state whether such a program is appropriate and feasible and, if so, the steps the Director shall take to establish and carry out such a program.