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Federal Technology Group works with firms of all sizes to bridge technology and product development gaps and provide complete solutions. FTG focuses on meeting the specific and individual needs of each client.
Our product development services include:
- Structuring technology agreements and deals to supply systems or subsystems
- Preparation of investment-grade business plans
- Intellectual property protection
- Capital procurement
- Customer and other teaming agreements
- Cost-structure analyses
- Product positioning
- Production methodology optimizations
- Supply-chain analysis, including overcoming constraints
- Product development timelines
- Creation of sources for competitive advantage
- Licensing complementary technologies
- Optimization of cost structures through forward-costing models
Statistics show that there is a positive correlation between research, innovation, and U.S. economic prosperity. In general, R&D expenditures in the U.S. are increasing. Total U.S. investment in R&D was approximately $264 billion in 2000. Since the 1980s, industry's investment in R&D has been increasing, reaching about $179 billion in 2000. The federal government is a major sponsor of R&D in the U.S., providing approximately $83 billion in funding in 2000 of which the Department of Defense's portion was approximately $39 billion. The number of U.S. patents, including federal and non-federal, continues to rise, and reached nearly 155,000 in 1998. Patent licensing revenue was well over $100 billion in 1998, and experts predict that the licensing of patents is a practice still in its infancy. These experts also predict that revenues could exceed a half-trillion dollars within the next five years.
FTG works with commercial clients, universities and the government to capture the value from such intellectual property. In the last several years, the accessibility to DoD research by the private sector has been significantly improved. The agency's R&D, as well as that of the federal government as a whole, leads to the creation of new products and processes that can be patented and commercialized. Industry often prefers to leverage its own R&D efforts by exchanging ideas, accessing unique facilities, and building on the work the government labs have done. FTG helps its corporate clients through this process.
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