The Bayh-Dole Act of 1980 gave universities significant control of the intellectual property associated with technologies that result from their federally funded research, allowing them wide latitude to license these discoveries to companies that can commercialize them.
How well is this system working at translating new knowledge into goods and services that can benefit the public, and are any changes needed? MANAGING UNIVERSITY INTELLECTUAL PROPERTY IN THE PUBLIC INTEREST, a new report from the National Research Council, examines these questions and recommends ways to improve the current system of university intellectual property management.
Advance copies are now available to reporters only; contact the Office of News and Public Information at tel. 202-334-2138 or news@nas.edu. THE REPORT IS EMBARGOED AND NOT FOR PUBLIC RELEASE BEFORE 11 A.M. EDT ON MONDAY, OCT. 4.