The federal government, which is the largest supporter of university research nationwide, determined in the mid-1970’s that it had an inventory of patents that weren’t being commercialized. The Bayh-Dole Act, passed in 1980, makes it possible for the federal government to assign its patent rights to universities, which then have the obligation to pursue intellectual property protection and commercialization. Prior to Bayh-Dole, only a handful of universities had technology commercialization offices.
Links to the Bayh-Dole Act of 1980
- Summary (Wikipedia)
- The Bayh-Dole Act, granting universities with right to own inventions made with use of federal funds (Legal Information Institute, Cornell University)
- The Bayh-Dole Act: A Guide to Implementation (Council on Governmental Relations – COGR
- The Association of University Technology Managers (AUTM)