The Bayh-Dole Act turns 30.
نویسندگان
چکیده
On 12 December 1980, in the waning days of the lame duck session of the 96th Congress, the U.S. Senate passed the University and Small Business Patent Procedures Act, now known as the Bayh-Dole Act, a seemingly obscure act that allowed universities to claim title to inventions that had been made with federal funding. It is unlikely that many present that day realized what a dramatic impact that act would have. Data clearly show that it played a critical role in rejuvenating the entire U.S. economic system, transforming it from a manufacturing base to an innovation base. Yet ironically, the act has passionate critics.
منابع مشابه
Changes in University Patent Quality after the Bayh-dole Act: a Re-examination
ABSTRACT: The Bayh-Dole Act permitted universities to retain rights to patents resulting from government funded academic research, and encouraged university entry into patenting and licensing. Though it is widely recognized to be a major change in federal policy towards academic research, surprisingly little empirical analysis has been directed at assessing the impacts of Bayh-Dole on the acade...
متن کاملChanges in University Patent Quality after the Bayh-Dole Act:
The Bayh-Dole Act of 1980 facilitated the retention by universities of patent rights resulting from government funded academic research, thus encouraging university entry into patenting and licensing. Though the Act is widely recognized to be a major change in federal policy towards academic research, surprisingly little empirical analysis has been directed at assessing its impacts on the acade...
متن کاملNber Working Paper Series Patents in the University: Priming the Pump and Crowding Out
The Bayh-Dole Act allows universities to exploit patents on their federally sponsored research. University laboratories therefore have two sources of funds: direct grants from sponsors and income from licensing. Tax credits for private R&D also contribute, because they increase the profitability of licensing. Because Bayh-Dole profits are a source of funds, the question arises how subsidies and...
متن کاملIncentives for Pharmaceutical Research and Development: Investigating the Implications of the Bayh-Dole Act on Nonprofit Basic Science Research
متن کامل
The Stakes in Bayh-Dole: Public Values Beyond the Pace of Innovation
Evaluation studies of the Bayh-Dole Act are generally concerned with the pace of innovation or the transgressions to the independence of research. While these concerns are important, I propose here to expand the range of public values considered in assessing Bayh-Dole and formulating future reforms. To this end, I first examine the changes in the terms of the Bayh-Dole debate and the drift in i...
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عنوان ژورنال:
- Science translational medicine
دوره 2 52 شماره
صفحات -
تاریخ انتشار 2010