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Innovation, the process by which fundamental research becomes a commercial product, is increasingly important in the chemical sciences and is changing the nature of research and development efforts in the United States. The workshop was held in response to requests to speed the R&D process and to rapidly evolve the patterns of interaction among industry, academe, and national laboratories. The report contains the authors' written version of the workshop presentations along with audience reaction.Table of Contents Front Matter Summary 1 Overview of Trends in Innovation in the Chemical Industry 2 Techniques for Structured Innovation 3 The Chemistry Innovation Process: Breakthroughs for Electronicsand Photonics 4 DARPA's Approach to Innovation and Its Reflection in Industry 5 Comments on the Advanced Technology Program 6 What Have We Learned from Hot Topics? 7 Industrial Innovation with External R&D Programs 8 Some New Ideas for Speeding Up the Development of Products fromUniversity Research 9 From Molecules to Materials to Market 10 The Tacit Economics of Modeling 11 Successful Innovation Starting in an Academic Environment 12 Panel Discussion Appendix A Workshop Participants Appendix B Biographical Sketches of Workshop Speakers Appendix C Origin of and Information on the Chemical SciencesRoundtable