Bayh-Dole Act (1980): Difference between revisions
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The Bayh-Dole Act, enacted in 1980, fundamentally reshaped the landscape of federally funded research in the United States. It enabled universities, small businesses, and non-profit organizations to retain ownership of inventions developed under government contracts, thereby encouraging the commercialization of innovations. By encouraging greater collaboration between academia and industry, the Act shifted the focus towards applied research with commercial potential, altering the traditional model of basic research. | |||
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==See Also== | |||
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* [[Mansfield Amendment 1969]] | |||
* [[IMMACT90]] | |||
[[Category:History]] | [[Category:History]] | ||
Revision as of 17:20, 1 August 2024
The Bayh-Dole Act, enacted in 1980, fundamentally reshaped the landscape of federally funded research in the United States. It enabled universities, small businesses, and non-profit organizations to retain ownership of inventions developed under government contracts, thereby encouraging the commercialization of innovations. By encouraging greater collaboration between academia and industry, the Act shifted the focus towards applied research with commercial potential, altering the traditional model of basic research.
On X