What does ATPA mean in FDA
The American Technology Pre-eminence Act of 1991 (ATPA) is a comprehensive set of laws passed in the United States that aimed to ensure that key emerging technologies remain developed, maintained, and available for use by US companies and organizations. The ATPA made sure to provide incentives for American businesses to invest in science research and development and rewarded those who achieved significant milestones with grants and tax credits. This act also strengthened partnerships between the private sector and government by encouraging corporate-university collaborations. By passing this bill, Congress sought to help the United States maintain its competitive advantage in hi-tech industries. These industries included biotech, telecoms, media, electronics, computers, software engineering, and more.
ATPA meaning in FDA in Governmental
ATPA mostly used in an acronym FDA in Category Governmental that means American Technology Pre-eminence Act of 1991
Shorthand: ATPA,
Full Form: American Technology Pre-eminence Act of 1991
For more information of "American Technology Pre-eminence Act of 1991", see the section below.
» Governmental » FDA
What is ATPA's Purpose? The purpose of the ATPA was twofold
firstly, it established a framework to protect US winners against unfairly low prices from competitors outside America; secondly, it provided incentives for domestic firms to develop new technologies or improve existing ones faster than their foreign counterparts through grants or tax credits. Additionally, it strengthened partnerships between universities and private businesses which helped ensure that any technological advancement was done on solid ethical grounds. Finally, the ATPA gave priority access to certain advanced technology products for domestic corporations relative to foreign competitors if deemed necessary due to national security concerns.
Essential Questions and Answers on American Technology Pre-eminence Act of 1991 in "GOVERNMENTAL»FDA"
What is the American Technology Pre-eminence Act of 1991?
The American Technology Pre-eminence Act of 1991 was enacted to ensure that the United States maintains its global leadership in science and technology. It provides for more coordinated, integrated, and comprehensive planning by federal agencies; better coordination between private and public sectors; increased funding for research and development activities; a greater emphasis on international cooperation; and strengthened public/private partnerships.
How Does the American Technology Pre-eminence Act of 1991 Support U.S. Leadership in Science and Technology?
The Act supports U.S. leadership in science and technology by providing more coordinated, integrated, comprehensive planning by federal agencies, greater emphasis on international cooperation, improved coordination between private and public sectors, increased funding for research and development activities, as well as strengthened public/private partnerships
What are some specific measures taken by the Act?
Under the terms of this law, all executive departments are required to submit plans outlining how they will strengthen their ability to conduct science and technology research with federal funds. The President is also required to develop an annual National Science and Technology Strategy Report that outlines commitments made by Federal departments to support scientific research. In addition, the law calls for the establishment of an Advisory Committee on International Cooperation in Science & Technology which will coordinate government relationships with other countries engaged in science & technology programs
Final Words:
In conclusion, the American Technology Pre-eminence Act of 1991 (ATPA) was an important law passed in the United States with two main goals in mind: protecting existing scientific research investments from unfair competition from overseas firms and encouraging further innovation in technology by domestic companies with appropriate incentives such as grants or tax credits. It also encouraged partnerships between universities and private businesses so that any technological advances could be carried out ethically while also giving preferential treatment for key products when it comes down to national security concerns. All these measures were taken so that the US maintains its edge over foreign competitors when it comes down to technology research and development projects.
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