Precompetitive Development Activity Law and Legal Definition
The term precompetitive development activity means “the translation of industrial research findings into a plan, blueprint, or design for new, modified, or improved products, processes, or services, whether intended for sale or use, including the creation of a first prototype that would not be capable of commercial use. The term also may include the conceptual formulation and design of products, processes, or services alternatives and initial demonstration or pilot projects, if these same projects cannot be converted or used for industrial application or commercial exploitation. The term does not include routine or periodic alterations to existing products, production lines, manufacturing processes, services, or other ongoing operations even if those alterations may represent improvements.”
Legal Definition list
Related Legal Terms
- 21st Century Nanotechnology Research and Development Act of 2003
- Abnormally Dangerous Activity
- Acquisition, Development and Construction (ADC) Loan
- Activity Drivers
- Activity of Multinational Enterprises
- Activity-Based Costing
- Administration on Developmental Disabilities
- Advance Gambling Activity
- African Development Foundation
- Agricultural Activity
