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Landmark Law Helped Universities Lead the Way

from AUTM

Tuesday, Dec. 12, marked the 37th anniversary of the Bayh-Dole Act, which fundamentally changed the nation's system of technology transfer by enabling universities to retain title to inventions and take the lead in patenting and licensing groundbreaking discoveries. The Bayh-Dole Act created a uniform patent policy among the many federal agencies that fund research, enabling small businesses and non-profit organizations, including universities, to retain title to inventions made under federally-funded research programs. The law was especially instrumental in encouraging universities to participate in technology transfer activities. more

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