1. Short title This Act may be cited as the Invent Here, Make Here Act of 2023 . 2. Improvement of commercialization of Federal research by domestic manufacturers Section 2 of the National Institute of Standards and Technology Act ( 15 U.S.C. 272 ) is amended by adding at the end the following: (f) Commercialization of Federal research by domestic manufacturers In order for the Institute to meet the need described in section 1(a)(1) and most effectively carry out the activities under subsection (c)(1) of this section, the Director shall— (1) coordinate with the Manufacturing USA Network established under section 34(c)(1) to identify domestic manufacturers that can develop commercial products based on research conducted by Federal agencies; (2) work with the Administrator of the Small Business Administration to identify domestic investors to support the development of commercial products based on research conducted by Federal agencies; and (3) coordinate with the Director of the Made in America Office at the Office of Management and Budget to use the procedures described in section 204(c)(2)(A)(i) of title 35, United States Code, to identify appropriate domestic manufacturers and investors to commercialize products based on Federal research and manufacture such products in the United States. . 3. Study and comprehensive review of commercialization of Federal research by domestic manufacturers Not later than 540 days after the date of enactment of this Act, the Director of the National Institute of Standards and Technology shall— (1) complete a study and comprehensive review of the commercialization of Federal research by domestic manufacturers that— (A) addresses— (i) what barriers currently (as of the date on which the study is completed) exist for domestic manufacturers to commercialize Federal research; and (ii) what role investment and the availability of investors plays in the encouragement or discouragement of the commercialization of Federal research by domestic manufacturers