Universities: Fallen Angels or Stewards of Bayh-Dole?
That university discoveries are recognized as critical national assets is because the Bayh-Dole Act gave academic institutions the ability to own and manage inventions made with federal funding. Previously, the government made them freely available and few were developed here. Bayh-Dole recognized that those who create inventions are their most effective managers. That includes declining to patent if that’s the appropriate option.
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