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Seed planted at universities sprouts research-based startups

from The Indianapolis Star

It is not an exaggeration to say that the Bayh-Dole Act of 1980 restructured the way small businesses, universities and nonprofits develop and commercialize new technologies from federally funded university research. The act permits universities, nonprofits and small businesses to retain the right to inventions developed through federally funded research. In other words, it allows universities to move discoveries to the public and become part of the nation's "innovation ecosystem." more

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