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Bayh-Dole | 30 Years of Driven Innovation
Clipped from: http://www.b-d30.org/
Celebrating 30 Years of Driving Innovation
Enacted on December 12, 1980, 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.
2010 marked the 30th anniversary of this inspired legislation. Read about the Bayh-Dole 30th anniversary event here
The Better World Project shares the surprising and inspiring stories behind innovations that have changed the way we live. Visit www.betterworldproject.net to learn more
CAVE Automatic Virtual Environment
Scientific visualization leads to the CAVE, University of Illinois at Chicago
Video: The Right Model
|Joseph Allen, technology transfer expert and president, Joseph Allen and Associates, speaks about Bayh-Dole.|
|Read the original P.L. 96-517, Patent and Trademark Act Amendments of 1980 in its entirety.|
|Join the effort to drive innovation|
- Did You Know
Since enactment, more than 5,000 new companies have formed around university research; the majority locate in close proximity to the university. In fiscal year 2008, university research helped create 1.6 new companies a day.
University technology transfer creates billions of dollars of direct benefits to the U.S. economy every year.
In fiscal year 2008, universities helped create 648 new products.
University research helped create whole new industries, like biotechnology, where the U.S. enjoys a leadership role.
- Association of University Technology Managers
- Association of American Universities
- Bio – Biotechnology Industry Organization
- Association of Public Land-Grant Universities
- American Council on Education
2010 | 30 Bayh-Dole – Driving Innovation